South Africa - Economic Indicators

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South Africa T+1
Unemployment Rate
Inflation Rate
GDP Growth Rate
Interest Rate

South Africa Unemployment Rate stands at 26.70 percent and is the 8th highest unemployment rate. Source: Statistics South Africa.
South Africa Inflation Rate latest value is 4.40 percent, it is ranked as the 50th world's highest inflation rate. Source: Statistics South Africa.
South Africa GDP Growth Rate was last reported at -2.20 percent. It ranks as the world's 4th lowest recorded gdp growth rate. Source: Statistics South Africa.
South Africa Interest Rate stands at 6.50 percent and is the 53rd highest interest rate. Source: South African Reserve Bank.
Unemployment Rate in South Africa is expected to increase to 27.7 percent in 06/30/2018 while in the long term it is predicted to converge to 27.4 percent. South Africa Inflation Rate is forecast to go down to 4.3 percent in 06/30/2018. In the long run, Inflation Rate in South Africa it is projected to converge to 4.3 percent. GDP Growth Rate in South Africa is estimated to rise to 0.1 percent in 06/30/2018. South Africa GDP Growth Rate will reach 1.6 percent in the long term. Interest Rate in South Africa is expected to remain unchanged at 6.50 percent in 06/30/2018 while in the long term it is predicted to converge to 6.5 percent.