South Africa | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q1/15 Q2/15 2020 2030 2050
Currency 11.45 11.86 12.1 12.79 11.51 10.36 [+]
Government Bond 10Y 6.94 7 6.7 6.8 7.5 8.3 [+]
Stock Market 50711.09 49100 49600 54000 59400 65300 [+]
GDP Actual Q1/15 Q2/15 2020 2030 2050
GDP 350.63 417 417 480 750 750 [+]
GDP Growth Rate 1.40 0.4 0.35 2.82 2.01 2.01 [+]
GDP Annual Growth Rate 1.40 1.03 0.93 1.19 1.24 1.24 [+]
GDP Constant Prices 3004322.00 3021838 3030731 3227873 3586281 4303099 [+]
Gross National Product 2898560.00 2918287 2931498 3162047 3581594 4420690 [+]
GDP per capita 5916.46 5937 5940 7953 9953 9953 [+]
Gross Fixed Capital Formation 619196.00 619219 619376 619485 619485 619485 [+]
GDP per capita PPP 12105.55 12177 12597 14436 32247 32247 [+]
Labour Actual Q1/15 Q2/15 2020 2030 2050
Unemployment Rate 25.40 26.1 26.5 21.6 14.8 35.8 [+]
Employed Persons 8540000.00 8570000 8590000 8670000 985644 785644 [+]
Unemployed Persons 5150.99 5223 5229 4500 45000 4350 [+]
Labor Force Participation Rate 57.10 58.49 58.61 58.53 63.24 63.24 [+]
Wages 14911.00 14943 15018 16591 19430 25110 [+]
Wages in Manufacturing 14419.00 56364089 55934082 68999022 89951861 28347 [+]
Labour Costs 366.40 375 378 378 378 378 [+]
Population 52.98 53.04 53.86 57.85 64.45 76.54 [+]
Retirement Age Women 60.00 60 60 60 60 60 [+]
Retirement Age Men 60.00 60 60 60 60 60 [+]
Prices Actual Q1/15 Q2/15 2020 2030 2050
Inflation Rate 5.30 4.67 4.09 3.57 2.9 0.24 [+]
Inflation Rate Mom -0.18 0.43 0.99 0.5 0.6 0.73 [+]
Consumer Price Index CPI 111.00 114 115 182 260 260 [+]
Producer Prices 115.30 116 117 128 150 193 [+]
Producer Prices Change 6.46 5.78 5.09 4.36 3.49 6.73 [+]
Export Prices 135.20 140 142 157 159 159 [+]
Import Prices 141.00 140 139 139 139 139 [+]
Food Inflation 7.20 9.98 7.51 5.11 4.7 7.51 [+]
Core Consumer Prices 111.30 112 113 117 117 117 [+]
Core Inflation Rate 5.70 5.92 5.4 3.27 2.74 5.15 [+]
Money Actual Q1/15 Q2/15 2020 2030 2050
Interest Rate 5.75 5.75 5.75 4 4.3 4.3 [+]
Interbank Rate 5.67 5.72 5.7 3.5 2.43 2.43 [+]
Money Supply M0 209636.00 212382 216860 221801 221801 221801 [+]
Money Supply M1 1299917.00 1333128 1344568 1414885 1414990 1414990 [+]
Money Supply M2 2261052.00 2344158 2377242 2517644 2519608 2521401 [+]
Money Supply M3 2700056.00 2756396 2795044 3471980 4135746 4555731 [+]
Foreign Exchange Reserves 535704.00 542756 544450 549123 549090 549090 [+]
Loans to Private Sector 2810158.00 2873061 2921699 3696263 4310565 4577571 [+]
Banks Balance Sheet 4189450.00 4261913 4307119 4354309 4354309 4354309 [+]
Central Bank Balance Sheet 626341.00 625280 624436 624472 624472 624472 [+]
Trade Actual Q1/15 Q2/15 2020 2030 2050
Balance of Trade -5703.74 -7516 -10606 -7738 -7715 -7715 [+]
Exports 83952.58 84805 86949 85547 85524 85524 [+]
Imports 89656.33 92320 97555 93285 93239 93239 [+]
Current Account -230000.00 -262128 -295318 -266896 -207113 -207113 [+]
Current Account to GDP -5.80 -5.47 -5.42 -4.5 -5 -6.56 [+]
External Debt 142314.00 144815 145701 145657 145572 145572 [+]
Tourist Arrivals 1277825.00 1539603 1466809 1580774 1580774 1580774 [+]
Gold Reserves 125.13 125 125 125 125 125 [+]
Crude Oil Production 3.00 3.49 3.8 3.83 3.85 3.85 [+]
Government Actual Q1/15 Q2/15 2020 2030 2050
Government Budget -4.00 -3.54 -3.57 -4.31 -4.61 -3.93 [+]
Government Debt to GDP 46.10 48.82 49.31 52.62 52.79 52.79 [+]
Government Budget Value -17042.00 -11224 10908 6364 3818 634 [+]
Government Spending 616612.00 671425 647984 648872 648906 648906 [+]
Credit Rating 57.44 [+]
Business Actual Q1/15 Q2/15 2020 2030 2050
Business Confidence 51.00 47.81 48.42 72 81 47.42 [+]
Manufacturing PMI 50.20 50.27 50.01 50.28 50.28 50.28 [+]
Industrial Production -1.30 0.32 0.8 3.87 2.87 2.87 [+]
Industrial Production Mom -2.10 -0.08 0.41 0.11 0.11 0.11 [+]
Capacity Utilization 80.70 80.47 80.29 80.5 80.46 80.46 [+]
Changes in Inventories 1148.00 -2364 -860 -2483 -2469 -2469 [+]
Bankruptcies 169.00 191 163 130 120 136 [+]
Total Vehicle Sales 51231.00 61444 57642 63158 64436 64460 [+]
Car Registrations 35927.00 40177 39817 37203 37201 37201 [+]
Leading Economic Index 100.80 101 101 110 150 101 [+]
Mining Production -0.40 -0.28 -0.15 -0.13 -0.13 -0.13 [+]
Consumer Actual Q1/15 Q2/15 2020 2030 2050
Consumer Confidence 0.00 -2 3.05 4.02 4.01 4.01 [+]
Retail Sales MoM 1.50 0.62 0.86 0.71 0.71 0.71 [+]
Retail Sales YoY 2.60 1.43 1.66 2.29 2.29 2.29 [+]
Consumer Spending 1833785.00 1842429 1845653 1860956 1861190 1861190 [+]
Disposable Personal Income 2260875.00 2309248 2347336 2764698 2847380 2851444 [+]
Personal Savings -52395.00 -47322 -58188 -7549 -2749 -2758 [+]
Bank Lending Rate 9.25 9.37 9.53 9.26 9.28 9.28 [+]
Private Sector Credit 9.13 9.82 9.83 9.3 9.25 9.25 [+]
Taxes Actual Q1/15 Q2/15 2020 2030 2050
Corporate Tax Rate 28.00 27.98 27.98 27.97 27.97 27.97 [+]
Personal Income Tax Rate 40.00 40 40 40 40 40 [+]
Sales Tax Rate 14.00 14 14 14 14 14 [+]
Social Security Rate 3.00 3 3 3 3 3 [+]
Social Security Rate For Companies 2.00 2 2 2 2 2 [+]
Social Security Rate For Employees 1.00 1 1 1 1 1 [+]