Consumer Spending in South Africa increased to 2959898 ZAR Million in the second quarter of 2021 from 2944770 ZAR Million in the first quarter of 2021. source: South African Reserve Bank

Consumer Spending in South Africa averaged 1329271.30 ZAR Million from 1960 until 2021, reaching an all time high of 3020314 ZAR Million in the first quarter of 2020 and a record low of 260612 ZAR Million in the first quarter of 1960. This page provides the latest reported value for - South Africa Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa Consumer Spending - values, historical data and charts - was last updated on September of 2021.

Consumer Spending in South Africa is expected to be 2899774.00 ZAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Consumer Spending is projected to trend around 3107919.00 ZAR Million in 2022 and 3191833.00 ZAR Million in 2023, according to our econometric models.

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South Africa Consumer Spending

Actual Previous Highest Lowest Dates Unit Frequency
2959898.00 2944770.00 3020314.00 260612.00 1960 - 2021 ZAR Million Quarterly
Constant Prices 2015, SA

South Africa Consumer Last Previous Highest Lowest Unit
Consumer Confidence -10.00 -13.00 26.00 -36.00 points [+]
Retail Sales MoM -11.20 0.70 69.90 -49.40 percent [+]
Retail Sales YoY -0.80 10.50 95.10 -49.90 percent [+]
Consumer Spending 2959898.00 2944770.00 3020314.00 260612.00 ZAR Million [+]
Disposable Personal Income 3182389.00 3145736.00 3182389.00 3520.00 ZAR Million [+]
Personal Savings 0.70 0.50 23.80 -2.50 percent [+]
Private Sector Credit 0.61 -0.54 35.88 -2.35 percent [+]
Bank Lending Rate 7.00 7.00 25.50 5.50 percent [+]
Gasoline Prices 1.25 1.17 1.44 0.43 USD/Liter [+]
Households Debt To GDP 36.10 35.60 43.90 33.10 percent of GDP [+]
Households Debt To Income 77.10 72.80 86.40 40.30 percent [+]
Consumer Confidence Economic Expectations -22.20 -1.00 37.00 -38.00 [+]
Consumer Confidence Financial Expectations 6.40 3.00 30.40 -22.00 [+]
Consumer Confidence Major Purchases Expectations -11.80 -17.00 13.10 -42.00 [+]