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South Africa national statistics.

Economic data

Economic Indicators Glossary

Our comprehensive glossary is designed to help you understand what each economic indicator means, how it’s calculated, and what it reveals about the economy. With our glossary, you’ll gain a deeper understanding of the economic landscape and be able to make more informed decisions.

See the glossary

 

Indicator Last Previous Highest Lowest Unit Period
Stock Market 80970 80445 81456 4395 points Jul/24
GDP Growth Rate -0.1 0.3 13.7 -17 percent Mar/24
GDP Annual Growth Rate 0.5 1.4 19.4 -16.2 percent Mar/24
Unemployment Rate 32.9 32.1 35.3 21.5 percent Mar/24
Inflation Rate 5.2 5.2 20.7 0.2 percent Mar/24
Inflation Rate MoM 0.2 0.3 6.7 -0.7 percent May/24
Interest Rate 8.25 8.25 23.99 3.5 percent Jun/24
Balance of Trade 20090 9685 52741 -36127 ZAR Million May/24
Current Account -84600 -162900 295264 -241123 ZAR Million Mar/24
Current Account to GDP -1.6 -0.5 6 -7.5 percent of GDP Dec/23
Government Debt to GDP 72.2 72.8 72.8 27.8 percent of GDP Dec/23
Government Budget -4.9 -4.2 1 -10 percent of GDP Dec/23
Business Confidence 35 30 92 5 points Jun/24
Manufacturing PMI 45.7 43.8 59.99 30.88 points Jun/24
Consumer Confidence -12 -15 26 -36 points Jun/24
Retail Sales MoM 0.5 1.3 74.5 -50.8 percent Apr/24
Corporate Tax Rate 27 28 37.8 27 percent Dec/23
Personal Income Tax Rate 45 45 45 40 percent Dec/23
Indicator Last Previous Highest Lowest Unit Period
GDP Growth Rate -0.1 0.3 13.7 -17 percent Mar/24
GDP Annual Growth Rate 0.5 1.4 19.4 -16.2 percent Mar/24
GDP 378 405 458 8.75 USD Billion Dec/23
GDP Constant Prices 4626739 4635327 4635363 718057 ZAR Million Mar/24
Gross National Product 4636223 4669615 4737603 504385 ZAR Million Dec/23
Gross Fixed Capital Formation 662569 674911 815426 73065 ZAR Million Mar/24
GDP per Capita 6006 6022 6263 3974 USD Dec/23
GDP per Capita PPP 14284 14322 14895 10154 USD Dec/23
Full Year GDP Growth 0.6 1.9 7.94 -6 percent Dec/23
GDP from Agriculture 126412 111379 151353 43537 ZAR Million Mar/24
GDP from Construction 102694 105934 157769 14702 ZAR Million Mar/24
GDP from Manufacturing 517439 525039 572539 334105 ZAR Million Mar/24
GDP from Mining 201868 206614 240358 145919 ZAR Million Mar/24
GDP from Public Administration 370771 371323 375670 90907 ZAR Million Mar/24
GDP from Services 1117279 1116552 1117279 66256 ZAR Million Mar/24
GDP from Transport 389488 391283 391283 122083 ZAR Million Mar/24
GDP from Utilities 97914 98324 125002 82820 ZAR Million Mar/24
Indicator Last Previous Highest Lowest Unit Period
Unemployment Rate 32.9 32.1 35.3 21.5 percent Mar/24
Employed Persons 16,745 16,723 16,745 11,666 Thousand Mar/24
Unemployed Persons 8,226 7,895 8,226 3,984 Thousand Mar/24
Labour Force Participation Rate 60.7 60 60.8 47.3 percent Mar/24
Labour Costs 135 134 135 0.7 points Sep/23
Wages 26,894 26,471 26,894 6,742 ZAR/Month Dec/23
Wages in Manufacturing 23,649 23,199 23,649 6,250 ZAR/Month Dec/23
Population 62.03 60.6 62.03 17.12 Million Dec/22
Retirement Age Women 60 60 60 60 Years Dec/24
Retirement Age Men 60 60 65 60 Years Dec/24
Employment Rate 40.7 40.77 46.17 35.93 percent Mar/24
Minimum Wages 27.58 25.42 27.58 20 ZAR/Hour Mar/24
Youth Unemployment Rate 59.7 59.4 66.5 48.8 percent Mar/24
Indicator Last Previous Highest Lowest Unit Period
Inflation Rate 5.2 5.2 20.7 0.2 percent May/24
Inflation Rate MoM 0.2 0.3 6.7 -0.7 percent May/24
Consumer Price Index (CPI) 115 115 115 1.2 points May/24
Core Consumer Prices 112 112 112 52.5 points May/24
Core Inflation Rate 4.6 4.6 8.4 2.5 percent May/24
Producer Prices 102 102 131 63.8 points May/24
Producer Prices Change 4.6 5.1 18 0.3 percent May/24
Export Prices 180 175 180 0.4 points Mar/24
Import Prices 166 165 166 0.9 points Mar/24
Food Inflation 4.7 4.7 15.6 0.6 percent May/24
Core Inflation Rate MoM 0.1 0.2 1.4 -0.2 percent May/24
Producer Price Inflation MoM 0.1 0.5 2.5 -1.2 percent May/24
CPI Housing Utilities 111 111 111 46.1 points May/24
CPI Transportation 120 120 120 52.5 points May/24
Inflation Expectations 5 5.33 8.72 3.9 percent Jun/24
IndicatorLastPreviousHighestLowestUnitPeriod
Interbank Rate8.34%8.34%16.96%3.33%percentJul/24 
Money Supply M0409000 ZAR Million401000 ZAR Million415 ZAR MillionZAR MillionZAR MillionMay/24-
Money Supply M12622403 ZAR Million2606024 ZAR Million1482 ZAR MillionZAR MillionZAR MillionMay/24-
Money Supply M24281174 ZAR Million4246250 ZAR Million2887 ZAR MillionZAR MillionZAR MillionMay/24-
Money Supply M35192165 ZAR Million5181821 ZAR Million4796 ZAR MillionZAR MillionZAR MillionMay/24-
Banks Balance Sheet7789063 ZAR Million7789063 ZAR Million114781 ZAR MillionZAR MillionZAR MillionMay/24-
Foreign Exchange Reserves62518 USD Million62087 USD Million5316 USD MillionUSD MillionUSD MillionJun/24-
Loans to Private Sector4725601 ZAR Million4690227 ZAR Million4051 ZAR MillionZAR MillionZAR MillionMay/24-
Deposit Interest Rate7.22%7.17%3.74%percentpercentApr/247.22%
Central Bank Balance Sheet1269315 ZAR Million1241048 ZAR Million543 ZAR MillionZAR MillionZAR MillionMar/24-
Lending Rate11.75%11.75%5%percentpercentJun/2411.75%
Indicator Last Previous Highest Lowest Unit Period
Balance of Trade 20090 9685 52741 -36127 ZAR Million May/24
Current Account -84600 -162900 295264 -241123 ZAR Million Mar/24
Current Account to GDP -1.6 -0.5 6 -7.5 percent of GDP Dec/23
Exports 178392 168757 194076 55.8 ZAR Million May/24
Imports 158299 159072 184983 66.1 ZAR Million May/24
External Debt 158081 156096 185358 33262 USD Million Dec/23
Tourist Arrivals 881544 934880 1598893 29341 May/24
Gold Reserves 125 125 184 123 Tonnes Mar/24
Foreign Direct Investment 24441 2462 562292 -13910 ZAR Billion Mar/24
Terms of Trade 108 106 130 42.3 points Mar/24
Terrorism Index 0 0.83 3.68 0 Points Dec/23
Weapons Sales 31 58 243 0 SIPRI TIV Million Dec/23
Indicator Last Previous Highest Lowest Unit Period
Government Debt to GDP 72.2 72.8 72.8 27.8 percent of GDP Dec/23
Government Budget -4.9 -4.2 1 -10 percent of GDP Dec/23
Government Budget Value -12780 -78050 73838 -143761 ZAR Million May/24
Government Spending 915797 918141 921594 65991 ZAR Million Mar/24
Government Revenues 90597 185247 228225 4506 ZAR Million Apr/24
Government Debt 73810 70437 84435 11594 USD Million Dec/23
Fiscal Expenditure 168644 183180 231477 5424 ZAR Million Apr/24
Corruption Index 41 43 56.8 41 Points Dec/23
Corruption Rank 83 72 83 23 Dec/23
Credit Rating 41 Jul/24
Military Expenditure 2781 3110 4594 60.5 USD Million Dec/23
Indicator Corporate Tax Rate 27 28 37.8 27 percent Dec/23
Indicator Personal Income Tax Rate 45 45 45 40 percent Dec/23
Indicator Sales Tax Rate 15 15 15 14 percent Dec/23
Indicator Social Security Rate 2 2 3 2 percent Dec/23
Indicator Social Security Rate For Companies 1 1 2 1 percent Dec/23
Indicator Social Security Rate For Employees 1 1 1 1 percent Dec/23
Indicator Withholding Tax Rate 15 15 15 15 percent Dec/24
Indicator Last Previous Highest Lowest Unit Period
Business Confidence 35 30 92 5 points Jun/24
Manufacturing PMI 45.7 43.8 59.99 30.88 points Jun/24
Industrial Production -0.6 4.9 102 -53 percent May/24
Industrial Production Mom -3.2 5.2 41.5 -48.8 percent May/24
Capacity Utilization 78.7 78 86.2 58.3 percent Dec/23
Changes in Inventories -5487 19417 97294 -144645 ZAR Million Mar/24
Bankruptcies 128 138 511 0 Companies Apr/24
Car Registrations 24367 25896 43659 105 Units May/24
Total Vehicle Sales 40072 37110 65689 574 Units Jun/24
Leading Economic Index 2.4 -1.1 4.8 -6.4 percent Apr/24
Composite Leading Indicator 99.06 99.09 106 91.66 points May/24
Coincident Index 108 109 163 81 points May/24
Composite PMI 49.2 50.4 53.7 32.5 points Jun/24
Electricity Production 18717 19119 23801 10439 Gigawatt-hour Apr/24
Gold Production -9 -1.7 175 -60.8 percent May/24
Mining Production 0 1.4 119 -50.4 percent May/24
Last Previous Highest Lowest
Consumer Confidence -12 -15 26 -36 points Jun/24
Retail Sales MoM 0.5 1.3 74.5 -50.8 percent Apr/24
Retail Sales YoY 0.6 2.3 95.1 -49.9 percent Apr/24
Consumer Spending 3087562 3096942 3100030 260612 ZAR Million Mar/24
Disposable Personal Income 4561365 4493751 4561365 3806 ZAR Million Dec/23
Personal Savings -1.1 -1 23.8 -2.4 percent Dec/23
Private Sector Credit 4.26 3.9 35.88 -2.35 percent May/24
Bank Lending Rate 11.75 11.75 25.5 5.5 percent May/24
Gasoline Prices 1.33 1.39 1.6 0.43 USD/Liter Jun/24
Households Debt to GDP 34.7 34.5 43.9 33.1 percent of GDP Sep/23
Households Debt to Income 62.4 62 77.6 36 percent Dec/23
Indicator Last Previous Highest Lowest Unit Period
Building Permits 9130303 7837366 12114101 218553 ZAR Thousand Apr/24
Housing Index 113 113 113 82.3 points Feb/24
Price to Rent Ratio 102 103 120 45.87 Sep/23
Residential Property Prices 2.6 2.5 7.5 1.6 Percent Feb/24

Last updated: July, 2024

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