South Africa | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q2/15 Q3/15 2020 2030 2050
Currency 12.03 12.66 12.86 10 8.51 7.86 [+]
Government Bond 10Y 8.11 7.6 7.5 7.8 4.5 5.3 [+]
Stock Market 53985.66 52600 51600 59000 63400 75300 [+]
GDP Actual Q2/15 Q3/15 2020 2030 2050
GDP 350.63 417 418 419 650 774 [+]
GDP Growth Rate 1.30 1.3 0.35 2.82 2.01 3.37 [+]
GDP Annual Growth Rate 2.10 1.1 1.2 1.5 2.5 2 [+]
GDP Constant Prices 3050345.00 3067231 3081883 3401329 4009536 5225951 [+]
Gross National Product 2914842.00 2934753 2946034 3187698 3649004 4571616 [+]
GDP per capita 5916.46 5943 5945 7953 9953 12953 [+]
Gross Fixed Capital Formation 624408.00 613250 612983 719485 789485 859485 [+]
GDP per capita PPP 12105.55 12597 12182 18247 22247 32247 [+]
Labour Actual Q2/15 Q3/15 2020 2030 2050
Unemployment Rate 26.40 25.02 24 21.6 14.8 14.93 [+]
Employed Persons 8989000.00 8590000 8618423 8670000 985644 10314342 [+]
Unemployed Persons 5534.69 5229 5278 5130 6500 6331 [+]
Labor Force Participation Rate 56.80 57.61 56.84 57.57 63.24 66.84 [+]
Wages 14911.00 15018 15097 16591 19430 25110 [+]
Wages in Manufacturing 15184.00 14519 14529 17419 24419 32366 [+]
Labour Costs 376.50 395 403 398 428 441 [+]
Population 54.00 54.51 54.76 58.02 65.58 77.09 [+]
Retirement Age Women 60.00 60 60 60 60 65 [+]
Retirement Age Men 60.00 60 60 60 60 65 [+]
Prices Actual Q2/15 Q3/15 2020 2030 2050
Inflation Rate 4.50 4.5 5 3.57 2.9 2.53 [+]
Inflation Rate Mom 0.88 0.49 0.99 0.5 0.6 0.24 [+]
Consumer Price Index CPI 114.10 113 117 183 260 360 [+]
Producer Prices 116.20 116 116 120 131 147 [+]
Producer Prices Change 3.11 3.02 5 4.36 3.49 4.73 [+]
Export Prices 132.40 136 137 143 145 145 [+]
Import Prices 136.40 133 133 133 133 133 [+]
Food Inflation 5.00 7.51 6.94 5.11 4.7 3.45 [+]
Core Consumer Prices 114.70 116 118 139 163 182 [+]
Core Inflation Rate 5.60 5.5 5.2 5.4 2.74 3.69 [+]
Money Actual Q2/15 Q3/15 2020 2030 2050
Interest Rate 5.75 5.75 5.75 4 3.75 3.5 [+]
Interbank Rate 5.69 5.5 5.25 3.76 4 4 [+]
Money Supply M0 205426.00 203054 203854 204339 204339 204339 [+]
Money Supply M1 1309180.00 1279570 1317317 1328831 1329358 1329361 [+]
Money Supply M2 2274806.00 2309462 2349697 3067947 3955821 4730260 [+]
Money Supply M3 2795817.00 2846335 2888255 3795316 4891906 5815112 [+]
Foreign Exchange Reserves 470400.00 469453 474525 538800 538693 538692 [+]
Loans to Private Sector 2908454.00 2981788 3042562 4063618 5108785 5746135 [+]
Banks Balance Sheet 4373910.00 4465102 4518769 4404240 4604240 4904240 [+]
Central Bank Balance Sheet 619790.00 618355 617627 618026 618026 618026 [+]
Trade Actual Q2/15 Q3/15 2020 2030 2050
Balance of Trade 483.00 1498 -2344 -4610 -12579 -15579 [+]
Exports 91344.32 83216 83048 95090 107089 127089 [+]
Imports 90861.78 81717 85392 99700 119668 142668 [+]
Current Account -198000.00 -295318 -328511 -266896 -207113 -1374201662 [+]
Current Account to GDP -5.40 -5.42 -4.78 -4.5 -5 -3.56 [+]
External Debt 145082.00 147028 148534 148279 148166 148166 [+]
Tourist Arrivals 1399328.00 1219186 1282581 1376430 1880774 1980774 [+]
Gold Reserves 125.19 125 125 125 125 125 [+]
Crude Oil Production 3.00 3.49 3.8 3.83 3.85 3.85 [+]
Foreign Direct Investment 1684.00 1629 1611 1444 1282 1086 [+]
Government Actual Q2/15 Q3/15 2020 2030 2050
Government Budget -3.80 -3.72 -3.68 -2.31 -1.61 -1.93 [+]
Government Debt to GDP 46.10 48.07 47.88 52.62 52.79 52.79 [+]
Government Budget Value -19450.00 643 -4147 8569 6082 2625 [+]
Government Spending 618660.00 627984 632465 650681 748906 848906 [+]
Credit Rating 57.44 [+]
Business Actual Q2/15 Q3/15 2020 2030 2050
Business Confidence 49.00 48.42 48.42 72 81 67.42 [+]
Manufacturing PMI 45.40 47.32 49.02 54.2 49.6 51.9 [+]
Industrial Production 3.80 -0.45 -0.04 3.87 2.87 1.25 [+]
Industrial Production Mom 1.20 -0.37 0.12 0.46 0.46 0.46 [+]
Capacity Utilization 81.50 80.33 80.23 80.8 80.74 80.75 [+]
Changes in Inventories 3770.00 17331 15088 1883 10117 4379 [+]
Bankruptcies 208.00 163 174 130 120 129 [+]
Total Vehicle Sales 44254.00 52258 55439 62167 69346 79383 [+]
Car Registrations 30182.00 32087 35522 45823 53820 59813 [+]
Leading Economic Index 98.50 101 98.42 110 130 141 [+]
Mining Production 18.80 0.24 0.24 1.3 0.5 0.01 [+]
Consumer Actual Q2/15 Q3/15 2020 2030 2050
Consumer Confidence -4.00 -4.05 3.05 -2.1 2.9 1.91 [+]
Retail Sales MoM -0.50 0.67 0.38 1.38 0.57 0.42 [+]
Retail Sales YoY 2.00 2.43 2.87 2.89 2.9 2.9 [+]
Consumer Spending 1843463.00 1853995 1858105 2010956 2201190 2861190 [+]
Disposable Personal Income 2296674.00 2363047 2391820 2652493 3457380 4851444 [+]
Personal Savings -51439.00 -82043 -74373 -8303 -4186 -3815 [+]
Bank Lending Rate 9.25 9.35 9.67 7.5 7.25 7 [+]
Private Sector Credit 8.88 9.05 8.97 8.87 8.86 8.86 [+]
Gasoline Prices 1.08 1.14 1.13 1.06 0.97 0.87 [+]
Taxes Actual Q2/15 Q3/15 2020 2030 2050
Corporate Tax Rate 28.00 28 28 27.97 27.97 27.97 [+]
Personal Income Tax Rate 41.00 41 41 43.66 44.71 44.86 [+]
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 [+]