Markets Actual Q1 Q2 Q3 Q4 2020
Currency 13.80 14.7 14.9 15.11 15.31 15.73
Government Bond 10Y (%) 8.90 9.02 9.1 9.19 9.27 9.45
Stock Market (points) 53830.63 50798 50067 49345 48634 47243
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 2.20 1.1 1.3 1.5 1.7 2
GDP Annual Growth Rate (%) 1.10 1.2 1.3 1.5 1.7 2.1
Unemployment Rate (%) 27.50 27.6 27.8 28 28.2 24
Inflation Rate (%) 5.20 4.7 4.4 4.5 4.8 5.3
Inflation Rate Mom (%) 0.20 0.7 0.43 0.43 0.5 0.4
Interest Rate (%) 6.75 6.75 7 7 7.25 7.5
Balance of Trade (ZAR Million) 3494.40 -4894 -3743 -3295 -18615 -1700
Current Account to GDP (%) -2.50 -3.4 -3.4 -3.4 -3.4 -3.7
Government Debt to GDP (%) 53.10 55 55 55 55 56
Government Budget (% of GDP) -4.60 -4.2 -4.2 -4.2 -4.2 -4
Business Confidence (Index Points) 31.00 30 32 34 36 51
Manufacturing PMI 50.70 47 49 51 52 54
Consumer Confidence (Index Points) 7.00 16 18 18 18 16
Retail Sales MoM (%) 3.30 0.5 0.4 0.3 0.2 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 Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 2.20 1.1 1.3 1.5 1.7 2
GDP Annual Growth Rate (%) 1.10 1.2 1.3 1.5 1.7 2.1
GDP (USD Billion) 349.42 405 405 405 405 420
GDP Constant Prices (ZAR Million) 3152768.40 3159264 3155561 3176414 3206365 3273699
Gross National Product (ZAR Million) 3099991.00 3089546 3094857 3123241 3152691 3218897
Gross Fixed Capital Formation (ZAR Million) 607742.50 620501 619746 612301 618074 631054
GDP per capita (USD) 7524.51 7640 7640 7640 7640 7700
GDP per capita PPP (USD) 12294.88 12350 12350 12350 12350 12395
GDP From Agriculture (ZAR Million) 70644.48 77026 69997 71174 71845 73354
GDP From Construction (ZAR Million) 107969.93 109470 110137 109589 109805 112111
GDP From Manufacturing (ZAR Million) 390369.75 385103 385840 393298 397006 405343
GDP From Mining (ZAR Million) 228080.48 231615 236411 231502 231958 236829
GDP From Public Administration (ZAR Million) 482324.46 486726 486720 489559 490524 500825
GDP From Services (ZAR Million) 647524.22 644728 648051 652381 658532 672361
GDP From Transport (ZAR Million) 271525.01 272811 269519 273561 276141 281940
GDP From Utilities (ZAR Million) 65471.98 65644 66042 65963 66585 67983
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 27.50 27.6 27.8 28 28.2 24
Employed Persons 9733000.00 10511000 10711000 9743480 11211000 11711000
Unemployed Persons (Thousand ) 6209.39 6110 6120 6197 6645 6670
Wages (ZAR/Month) 20860.00 20200 21336 21703 21000 21600
Wages in Manufacturing (ZAR/Month) 18344.00 17100 18540 18799 18500 19000
Population (Million) 57.73 59 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 22100 20734 20815 22100 23200
Wages Low Skilled (ZAR/Month) 4380.00 4157 3929 3838 3746 4157
Living Wage Family (ZAR/Month) 11300.00 10500 10500 10500 10500 10630
Living Wage Individual (ZAR/Month) 6570.00 6630 6630 6630 6630 6700
Employment Rate (%) 43.10 43 43.1 43.2 43.5 45.12
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 5.20 4.7 4.4 4.5 4.8 5.3
Inflation Rate Mom (%) 0.20 0.7 0.43 0.43 0.5 0.4
Consumer Price Index CPI (Index Points) 109.60 112 114 115 116 122
Core Consumer Prices (Index Points) 108.50 112 113 114 114 121
Core Inflation Rate (%) 4.40 3.9 4 4.3 5 5.1
Producer Prices (Index Points) 111.70 112 115 117 118 124
Producer Prices Change (%) 6.80 6.7 6.7 6.3 6 5
Food Inflation (%) 3.40 4 4 3.6 3.3 5.2
CPI Housing Utilities (Index Points) 109.40 112 112 115 115 122
CPI Transportation (Index Points) 116.00 111 117 119 122 129
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 6.75 6.75 7 7 7.25 7.5
Interbank Rate (%) 7.15 7.15 7.15 7.4 7.65 7.65
Money Supply M3 (ZAR Million) 3498086.00 3582249 3627103 3671331 3714962 3883648
Deposit Interest Rate (%) 7.25 6.4 7.25 7.5 6.4 5.4
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (ZAR Million) 3494.40 -4894 -3743 -3295 -18615 -1700
Current Account to GDP (%) -2.50 -3.4 -3.4 -3.4 -3.4 -3.7
Crude Oil Production (BBL/D/1K) 2.00 3 3 2 3 5
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 53.10 55 55 55 55 56
Government Budget (% of GDP) -4.60 -4.2 -4.2 -4.2 -4.2 -4
Government Budget Value (ZAR Million) -13966.00 -18261 2522 -19695 31309 1391262
Government Spending (ZAR Million) 643704.00 646555 648533 653360 654647 668395
Taxes Actual Q1 Q2 Q3 Q4 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 Q1 Q2 Q3 Q4 2020
Business Confidence (Index Points) 31.00 30 32 34 36 51
Manufacturing PMI 50.70 47 49 51 52 54
Industrial Production (%) 1.60 1.3 1.5 1.4 1.5 1
Industrial Production Mom (%) 0.70 0.14 0.15 0.13 0.6 0.5
Total Vehicle Sales 39984.00 49072 48927 48869 48916 48905
Leading Economic Index (%) -0.20 0.3 0.08 0.1 0.8 1
Mining Production (%) -5.60 -2.08 -1.82 -1.84 0.1 1.2
Coincident Index (Index Points) 95.20 94 94.3 94.4 95 94
Composite Pmi 49.00 50.7 50.9 51.1 51.3 52
Consumer Actual Q1 Q2 Q3 Q4 2020
Consumer Confidence (Index Points) 7.00 16 18 18 18 16
Retail Sales MoM (%) 3.30 0.5 0.4 0.3 0.2 0.7
Retail Sales YoY (%) 3.10 1.6 1.7 1.8 2.1 2.2
Consumer Spending (ZAR Million) 1935614.00 1945109 1940646 1950131 1968519 2009858
Private Sector Credit (%) 5.56 5.81 5.83 5.84 4.32 3.11
Bank Lending Rate (%) 10.25 10 10.25 10.25 10 8.5
Gasoline Prices (USD/Liter) 1.06 1 0.98 0.95 0.93 0.93


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. South Africa Personal Savings Tradingeconomics.com South Africa Personal Savings Forecast - was last updated on Saturday, January 19, 2019.