South Africa | Economic Forecasts | 2015-2050 Outlook


Markets Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Currency 12.46 12.86 12.62 12.3 12.31 10 [+]
Government Bond 10Y 8.28 8.2 8 7.87 8.17 6.8 [+]
Stock Market 51381.22 51699 51566 51513 51492 51478 [+]
GDP Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
GDP 349.82 351 351 355 355 419 [+]
GDP Growth Rate 1.30 2.48 0.61 2.95 3.04 2.82 [+]
GDP Annual Growth Rate 2.10 1.2 1.3 2.14 2.1 1.5 [+]
GDP Constant Prices 3050345.00 3079215 3094651 3109887 3125867 3415449 [+]
Gross National Product 2944705.00 2976843 2992803 3011024 3026192 3334990 [+]
GDP per capita 6086.45 6001 6001 6011 6015 7953 [+]
Gross Fixed Capital Formation 627181.00 629397 629521 630233 629643 719485 [+]
GDP per capita PPP 12446.37 12220 12220 12603 12603 18247 [+]
Gdp From Agriculture 70444.42 65990 66532 67856 68782 64004 [+]
Gdp From Construction 104674.00 [+]
Gdp From Manufacturing 381819.78 [+]
Gdp From Mining 239744.42 [+]
Gdp From Public Administration 467364.00 467027 466681 466287 465841 453137 [+]
Gdp From Services 602667.00 611068 614642 617772 620526 632464 [+]
Gdp From Transport 256027.00 257194 257661 258018 258282 252915 [+]
Gdp From Utilities 67812.04 67665 67580 67472 67350 65286 [+]
Labour Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Unemployment Rate 26.40 26 25.5 27.04 27.2 21.6 [+]
Employed Persons 8942000.00 8618423 8600000 8994070 9032257 8670000 [+]
Unemployed Persons 5534.69 5530 5500 5645 5486 5130 [+]
Labor Force Participation Rate 58.60 59.22 58.57 59.66 59.62 57.57 [+]
Wages 14911.00 15144 15091 15177 15308 16525 [+]
Wages in Manufacturing 15184.00 14529 14619 14619 16732 17419 [+]
Labour Costs 141.70 148 150 152 155 398 [+]
Population 54.00 54.7 55.04 55.33 55.61 58.02 [+]
Retirement Age Women 60.00 60 60 60 60 60 [+]
Retirement Age Men 60.00 60 60 60 60 60 [+]
Prices Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Inflation Rate 4.60 5 5.5 3.62 3.32 3.57 [+]
Inflation Rate Mom 0.30 0.81 0.39 0.76 0.75 0.5 [+]
Consumer Price Index CPI 114.40 116 122 119 120 183 [+]
Producer Prices 118.10 121 124 126 129 120 [+]
Producer Prices Change 3.60 4.14 4.44 4.67 4.85 4.36 [+]
Export Prices 127.00 136 137 137 138 143 [+]
Import Prices 133.40 133 134 134 134 132 [+]
Food Inflation 4.70 6.94 6.01 3.91 3.93 5.11 [+]
Core Consumer Prices 114.90 117 118 120 121 139 [+]
Core Inflation Rate 5.70 5.2 5.3 5.67 5.68 5.4 [+]
Money Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Interest Rate 5.75 5.75 5.75 5.85 5.85 4 [+]
Interbank Rate 5.71 5.25 5.25 5.49 5.61 3.76 [+]
Money Supply M0 200095.00 207187 211339 215158 218769 281351 [+]
Money Supply M1 1308850.00 1344648 1370483 1397511 1423791 1874741 [+]
Money Supply M2 2312319.00 2363516 2403107 2446911 2487043 3140174 [+]
Money Supply M3 2872594.00 2933349 2993878 3056243 3113416 4047287 [+]
Foreign Exchange Reserves 565670.00 566720 565692 565282 564756 567797 [+]
Loans to Private Sector 2966414.00 3067654 3134908 3195654 3249880 4246398 [+]
Banks Balance Sheet 4348747.00 4415913 4442128 4453093 4457872 4404240 [+]
Central Bank Balance Sheet 620777.00 622469 622331 622392 622430 622426 [+]
Trade Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Balance of Trade 4987.42 -1306 -2070 -1812 -1925 -970 [+]
Exports 88937.06 87395 87215 87151 87045 95090 [+]
Imports 83949.65 85950 85467 85194 84977 99700 [+]
Current Account -188675.00 -328511 -360057 -193757 -195290 -266896 [+]
Current Account to GDP -5.40 -5.17 -5.33 -4.31 -3.79 -4.5 [+]
External Debt 145082.00 147510 147074 147537 147686 148026 [+]
Tourist Arrivals 1235571.00 1244673 1331141 1257822 1257824 1297800 [+]
Gold Reserves 125.19 125 125 125 125 125 [+]
Crude Oil Production 3.00 3 3 3 3 3 [+]
Foreign Direct Investment 1684.00 1631 1609 1590 1574 1418 [+]
Government Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Government Budget -3.80 -3.45 -3.29 -3.18 -3.08 -2.31 [+]
Government Debt to GDP 39.00 37.52 37.6 37.63 37.65 41 [+]
Government Budget Value -36910.00 -7900 -5415 -4203 -3607 -2903 [+]
Government Spending 615646.00 632465 618193 618793 619262 650681 [+]
Credit Rating 57.44 [+]
Business Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Business Confidence 43.00 39.46 53.59 41.49 39.86 72 [+]
Manufacturing PMI 51.40 49.17 49.67 49.43 49.51 54.2 [+]
Industrial Production -2.00 0.33 2.85 -0.51 -0.07 3.87 [+]
Industrial Production Mom -2.00 0.25 -0.19 -0.44 0.11 0.15 [+]
Capacity Utilization 81.50 81.57 81.84 81.68 81.66 81.66 [+]
Changes in Inventories 8812.00 5225 1631 4427 4306 1883 [+]
Bankruptcies 179.00 183 134 191 194 130 [+]
Total Vehicle Sales 50251.00 54642 45768 54891 51101 62167 [+]
Car Registrations 31201.00 31186 30975 30445 30019 45823 [+]
Competitiveness Index 4.35 4.35 4.35 4.35 4.35 4.35 [+]
Competitiveness Rank 56.00 -52.28 -52.28 -52.28 -52.28 23.64 [+]
Corruption Index 44.00 42.1 42.14 42.2 42.25 39.48 [+]
Corruption Rank 67.00 67.82 67.29 66.64 65.99 61.01 [+]
Ease of Doing Business 43.00 43.72 44.22 44.52 44.83 50.31 [+]
Leading Economic Index 95.40 91.37 101 91.15 91.34 110 [+]
Mining Production 7.70 1.3 0.38 0.12 0.05 1.3 [+]
Consumer Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Consumer Confidence -15.00 -10.57 -14.5 -10.38 -12.69 -11.94 [+]
Retail Sales MoM 0.20 0.11 0.33 0.23 0.22 1.38 [+]
Retail Sales YoY 3.40 3.18 3.33 2.9 3.09 3.09 [+]
Consumer Spending 1856394.00 1880328 1893739 1906198 1918338 2010956 [+]
Disposable Personal Income 2314181.00 2388082 2424928 2461705 2498413 3147497 [+]
Personal Savings -53708.00 -50970 -50579 -50044 -49287 -38340 [+]
Bank Lending Rate 9.25 9.54 9.91 10.31 10.7 7.5 [+]
Private Sector Credit 9.53 9.73 9.96 9.96 9.97 9.95 [+]
Gasoline Prices 1.10 1.13 1.13 1.12 1.12 1.06 [+]
Taxes Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Corporate Tax Rate 28.00 33.56 33.56 33.56 33.56 28 [+]
Personal Income Tax Rate 41.00 41 41 40.08 40.08 41 [+]
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 [+]



Economic Forecasts for South Africa including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the South Africa economy. 7/8/2015