Markets Actual Q4 Q1 Q2 Q3 2020
Currency 14.39 14.58 14.78 14.99 15.19 16.05
Government Bond 10Y (%) 9.21 9.09 9.19 9.28 9.38 9.77
Stock Market (points) 51560.47 55104 54428 53759 53095 50531
Overview Actual Q4 Q1 Q2 Q3 2020
GDP Growth Rate (%) 2.20 0.6 1.1 1.3 1.5 2
GDP Annual Growth Rate (%) 1.10 0.6 1.2 1.3 1.5 2.1
Unemployment Rate (%) 27.50 27.4 27.6 27.8 28 24
Inflation Rate (%) 5.20 4.7 5.7 5.9 5.6 5.4
Inflation Rate Mom (%) 0.20 0.5 0.7 0.43 0.43 0.4
Interest Rate (%) 6.75 6.75 6.75 6.75 7 7.5
Balance of Trade (ZAR Million) -5549.90 472 -4894 -3743 -3295 -1700
Current Account to GDP (%) -2.50 -3.2 -3.4 -3.4 -3.4 -3.7
Government Debt to GDP (%) 53.10 54 55 55 55 56
Government Budget (% of GDP) -4.60 -4.1 -4.2 -4.2 -4.2 -4
Business Confidence (Index Points) 31.00 40 30 32 34 51
Manufacturing PMI 49.50 46 47 49 51 54
Consumer Confidence (Index Points) 7.00 15 16 18 18 16
Retail Sales MoM (%) 0.60 0.5 0.5 0.4 0.3 0.7
Corporate Tax Rate (%) 28.00 28 28 28 28 28
Personal Income Tax Rate (%) 45.00 45 45 45 45 45
GDP Actual Q4 Q1 Q2 Q3 2020
GDP Growth Rate (%) 2.20 0.6 1.1 1.3 1.5 2
GDP Annual Growth Rate (%) 1.10 0.6 1.2 1.3 1.5 2.1
GDP (USD Billion) 349.42 390 405 405 405 420
GDP Constant Prices (ZAR Million) 3152768.40 3180048 3178106 3173710 3179976 3302026
Gross National Product (ZAR Million) 3099991.00 3148300 3113314 3114843 3120993 3269059
Gross Fixed Capital Formation (ZAR Million) 607742.50 625858 624201 624000 625232 649864
GDP per capita (USD) 7524.51 7562 7640 7640 7640 7700
GDP per capita PPP (USD) 12294.88 12300 12350 12350 12350 12395
GDP From Agriculture (ZAR Million) 70644.48 85330 77486 71158 71298 88603
GDP From Construction (ZAR Million) 107969.93 109330 109470 110191 110408 113524
GDP From Manufacturing (ZAR Million) 390369.75 391854 387400 387537 388302 406884
GDP From Mining (ZAR Million) 228080.48 236569 231615 234650 235113 245643
GDP From Public Administration (ZAR Million) 482324.46 481578 486726 486565 487526 500050
GDP From Services (ZAR Million) 647524.22 642970 648573 652294 653582 667632
GDP From Transport (ZAR Million) 271525.01 272217 274438 271260 271795 282658
GDP From Utilities (ZAR Million) 65471.98 65603 66035 66441 66573 68119
Labour Actual Q4 Q1 Q2 Q3 2020
Unemployment Rate (%) 27.50 27.4 27.6 27.8 28 24
Employed Persons 9733000.00 10111000 10511000 10711000 9743480 11711000
Unemployed Persons (Thousand ) 6209.39 6610 6110 6120 6197 6670
Wages (ZAR/Month) 20860.00 20500 20200 21336 21703 21600
Wages in Manufacturing (ZAR/Month) 18344.00 17900 17100 18540 18799 19000
Population (Million) 57.73 58 59 59 59 60
Retirement Age Women 60.00 60 60 60 60 60
Retirement Age Men 60.00 60 60 60 60 60
Wages High Skilled (ZAR/Month) 22600.00 21700 22100 20734 20815 23200
Wages Low Skilled (ZAR/Month) 4380.00 4108 4157 3929 3838 4157
Living Wage Family (ZAR/Month) 11300.00 10400 10500 10500 10500 10630
Living Wage Individual (ZAR/Month) 6570.00 6530 6630 6630 6630 6700
Employment Rate (%) 43.10 42.9 43 43.1 43.2 45.12
Prices Actual Q4 Q1 Q2 Q3 2020
Inflation Rate (%) 5.20 4.7 5.7 5.9 5.6 5.4
Inflation Rate Mom (%) 0.20 0.5 0.7 0.43 0.43 0.4
Consumer Price Index CPI (Index Points) 109.60 110 112 114 115 122
Core Consumer Prices (Index Points) 108.50 109 112 113 114 121
Core Inflation Rate (%) 4.40 4.3 5.2 5.3 5.4 5.5
Producer Prices (Index Points) 111.70 110 111 115 117 122
Producer Prices Change (%) 6.80 6.6 6.7 6.7 6.3 5
Food Inflation (%) 3.40 3.8 4 4 3.6 5.2
CPI Housing Utilities (Index Points) 109.40 109 112 112 116 122
CPI Transportation (Index Points) 116.00 111 111 117 119 124
Money Actual Q4 Q1 Q2 Q3 2020
Interest Rate (%) 6.75 6.75 6.75 6.75 7 7.5
Interbank Rate (%) 7.15 7.18 7.18 7.18 7.43 7.93
Money Supply M3 (ZAR Million) 3501132.00 3535800 3582249 3627103 3671331 4043367
Deposit Interest Rate (%) 7.25 7.25 7.25 7.25 7.5 8
Trade Actual Q4 Q1 Q2 Q3 2020
Balance of Trade (ZAR Million) -5549.90 472 -4894 -3743 -3295 -1700
Current Account to GDP (%) -2.50 -3.2 -3.4 -3.4 -3.4 -3.7
Crude Oil Production (BBL/D/1K) 2.00 3 3 3 2 5
Government Actual Q4 Q1 Q2 Q3 2020
Government Debt to GDP (%) 53.10 54 55 55 55 56
Government Budget (% of GDP) -4.60 -4.1 -4.2 -4.2 -4.2 -4
Government Budget Value (ZAR Million) -37930.00 32327 -18261 2522 -19695 1391262
Government Spending (ZAR Million) 643704.00 640428 646555 648284 649563 664993
Taxes Actual Q4 Q1 Q2 Q3 2020
Corporate Tax Rate (%) 28.00 28 28 28 28 28
Personal Income Tax Rate (%) 45.00 45 45 45 45 45
Sales Tax Rate (%) 15.00 15 15 15 15 15
Social Security Rate (%) 2.00 2 2 2 2 2
Social Security Rate For Companies (%) 1.00 1 1 1 1 2
Social Security Rate For Employees (%) 1.00 1 1 1 1 1
Business Actual Q4 Q1 Q2 Q3 2020
Business Confidence (Index Points) 31.00 40 30 32 34 51
Manufacturing PMI 49.50 46 47 49 51 54
Industrial Production (%) 3.00 1.2 1.3 1.5 1.4 1
Industrial Production Mom (%) 1.10 0.2 0.14 0.15 0.13 0.5
Total Vehicle Sales 47486.00 48356 49072 48927 48869 48905
Leading Economic Index (%) -0.20 0.7 0.3 0.08 0.1 1
Mining Production (%) 0.50 0.6 -2.08 -1.82 -1.84 1.2
Coincident Index (Index Points) 96.10 93.5 94 94.3 94.4 94
Composite Pmi 48.20 50.5 50.7 50.9 51.1 52
Consumer Actual Q4 Q1 Q2 Q3 2020
Consumer Confidence (Index Points) 7.00 15 16 18 18 16
Retail Sales MoM (%) 0.60 0.5 0.5 0.4 0.3 0.7
Retail Sales YoY (%) 2.20 1.9 1.6 1.7 1.8 2.2
Consumer Spending (ZAR Million) 1935614.00 1940451 1956710 1952009 1955863 2014881
Private Sector Credit (%) 5.82 5.89 5.81 5.83 5.84 3.11
Bank Lending Rate (%) 10.25 10 10 10.25 10.5 8.5
Gasoline Prices (USD/Liter) 1.22 1.15 1.13 1.11 1.09 1.01


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