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 latest value is 27.70 percent, it is ranked as the 8th world's highest unemployment rate. Source: Statistics South Africa.
South Africa Inflation Rate was last reported at 4.80 percent. It ranks as the world's 55th highest recorded inflation rate. Source: Statistics South Africa.
South Africa GDP Growth Rate stands at 2.50 percent and is the 21st highest gdp growth rate. Source: Statistics South Africa.
South Africa Interest Rate latest value is 6.75 percent, it is ranked as the 53rd world's highest interest rate. Source: South African Reserve Bank.
Unemployment Rate in South Africa is expected to increase to 27.9 percent in 10/31/2017 while in the long term it is predicted to converge to 26.9 percent. Inflation Rate in South Africa is forecast to continue at the current level of 4.80 percent in 10/31/2017. In the long run, Inflation Rate in South Africa it is projected to converge to 5.6 percent. GDP Growth Rate in South Africa is estimated to fall to 2.3 percent in 10/31/2017. South Africa GDP Growth Rate will reach 2.8 percent in the long term. Interest Rate in South Africa is expected to remain unchanged at 6.75 percent in 10/31/2017 while in the long term it is predicted to converge to 7.25 percent.