South Africa Unemployment Rate Tradingeconomics.com South Africa Unemployment Rate Forecast

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 Unemployment Rate Tradingeconomics.com South Africa Unemployment Rate Forecast - was last updated on Friday, December 15, 2017.


Overview Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Growth Rate 2.00 1.3 1.1 1.1 2.7 2.1 percent [+]
Unemployment Rate 27.70 27.5 28 27.8 27.1 24 percent [+]
Inflation Rate 4.60 4.5 4.7 5 5.1 5.1 percent [+]
Interest Rate 6.75 6.75 6.5 6.5 6.5 6 percent [+]
Balance of Trade 4560.00 -6639 2117 1442 984 -1700 ZAR Million [+]
Government Debt to GDP 51.70 52 54 54 54 53 percent [+]
MARKETS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Currency 13.49 13.64 13.5 13.37 13.23 11.71 [+]
Government Bond 10Y 9.28 8.74 8.82 8.91 9 9.95 percent [+]
Stock Market 57845.57 56500 56000 55400 54800 48500 points [+]
GDP Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Growth Rate 2.00 1.3 1.1 1.1 2.7 2.1 percent [+]
GDP Annual Growth Rate 0.80 1.2 1.1 0.8 2.3 2.6 percent [+]
GDP 294.84 360 278 275 271 420 USD Billion [+]
GDP Constant Prices 3117014.00 3130087 3140365 3148371 3154505 3165286 ZAR Million [+]
Gross National Product 3078829.00 3087278 3089206 3089712 3089581 3078053 ZAR Million [+]
Gross Fixed Capital Formation 617647.10 619712 619923 620090 619618 607473 ZAR Million [+]
GDP per capita 7504.30 7417 7398 7378 7359 7156 USD [+]
GDP per capita PPP 12260.20 12230 12223 12215 12208 12143 USD [+]
GDP From Agriculture 82009.97 83974 81747 77501 74390 61200 ZAR Million [+]
GDP From Construction 108735.26 108455 108198 107842 107487 103496 ZAR Million [+]
GDP From Manufacturing 383325.60 385205 385773 385173 384438 381022 ZAR Million [+]
GDP From Mining 238564.29 238143 238061 237596 236869 240000 ZAR Million [+]
GDP From Public Administration 472908.40 471915 470960 470013 469075 461060 ZAR Million [+]
GDP From Services 624844.78 626457 628025 629291 630357 633314 ZAR Million [+]
GDP From Transport 264878.82 265226 265506 265702 265825 264493 ZAR Million [+]
GDP From Utilities 63774.81 63293 63322 63177 63031 68800 ZAR Million [+]
LABOUR Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 27.70 27.5 28 27.8 27.1 24 percent [+]
Employed Persons 9617000.00 9576126 9563797 9552314 9540321 9020000 [+]
Unemployed Persons 6210.00 5800 6146 6103 6103 5140 Thousand [+]
Labor Force Participation Rate 59.90 60 60.2 60.2 59.58 61 percent [+]
Labour Costs 145.30 152 153 155 157 167 Index Points [+]
Wages 19170.00 19503 19686 19769 19819 19632 ZAR/Month [+]
Wages in Manufacturing 16680.00 16618 16674 16646 16609 16272 ZAR/Month [+]
Population 55.91 57 58 58 58 59.44 Million [+]
Retirement Age Women 60.00 60 60 60 60 60 [+]
Retirement Age Men 60.00 61 61 61 61 60 [+]
Living Wage Family 10300.00 10300 10300 10360 10400 10630 ZAR/Month [+]
Living Wage Individual 6460.00 6460 6460 6460 6530 6700 ZAR/Month [+]
Wages Low Skilled 3950.00 3950 4050 4079 4108 4069 ZAR/Month [+]
Youth Unemployment Rate 52.20 52.32 52.41 53.53 54.04 51.51 percent [+]
Wages High Skilled 21300.00 21300 21300 21700 21700 23200 ZAR/Month [+]
Employment Rate 43.30 43.39 43.21 43.22 43.25 45.12 percent [+]
PRICES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 4.60 4.5 4.7 5 5.1 5.1 percent [+]
Inflation Rate Mom 0.10 0.4 0.63 0.67 0.7 0.4 percent [+]
Consumer Price Index CPI 104.10 105 105 106 106 110 Index Points [+]
Core Consumer Prices 103.90 105 105 105 105 109 Index Points [+]
Core Inflation Rate 4.40 5.3 4.7 4.81 4.9 3.5 percent [+]
Producer Prices 104.60 139 103 103 102 144 Index Points [+]
Producer Prices Change 5.10 5.3 5.1 5.1 5 4.8 percent [+]
Export Prices 147.50 148 148 148 148 146 Index Points [+]
Import Prices 136.20 136 136 136 136 134 Index Points [+]
Food Inflation 5.30 5.5 5.4 5.2 5 6 percent [+]
CPI Housing Utilities 104.00 105 105 105 105 104 Index Points [+]
CPI Transportation 104.30 113 103 102 102 119 Index Points [+]
MONEY Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Interest Rate 6.75 6.75 6.5 6.5 6.5 6 percent [+]
Interbank Rate 7.13 6.9 6.7 6.7 7.66 6.3 percent [+]
Money Supply M0 238525.00 234545 234403 234343 234288 233780 ZAR Million [+]
Money Supply M1 1655019.00 1656453 1656185 1655742 1655292 1651240 ZAR Million [+]
Money Supply M2 2714733.00 2743218 2761358 2766659 2767752 2760035 ZAR Million [+]
Money Supply M3 3306645.00 3334751 3360532 3378036 3389447 3397184 ZAR Million [+]
Banks Balance Sheet 5122536.00 5158034 5172346 5175199 5174094 5148397 ZAR Million [+]
Foreign Exchange Reserves 50297.00 49144 51213 51251 51202 50645 USD Million [+]
Loans to Private Sector 3411157.00 3442829 3475260 3500114 3518598 3553401 ZAR Million [+]
Deposit Interest Rate 7.17 6.6 8.03 8.12 8.21 5.4 percent [+]
Lending Rate 10.25 10.25 10.25 10.25 10.25 9.5 percent [+]
Central Bank Balance Sheet 763366.00 783000 741541 740795 740106 977000 ZAR Million [+]
TRADE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade 4560.00 -6639 2117 1442 984 -1700 ZAR Million [+]
Exports 104507.80 90804 103659 103600 103462 99742 ZAR Million [+]
Imports 99946.30 97443 98635 98435 98205 101442 ZAR Million [+]
Current Account -108888.00 -89000 -99000 -102000 -94392 -159000 ZAR Million [+]
Current Account to GDP -3.30 -3.2 -3.4 -3.4 -1.86 -3.1 percent [+]
External Debt 158533.00 153000 164327 164748 164835 166000 USD Million [+]
Tourist Arrivals 1300502.00 1340509 1291200 1286100 1281400 1518528 [+]
Gold Reserves 125.25 127 128 128 129 131 Tonnes [+]
Terrorism Index 4.09 2.42 2.18 1.93 1.69 1.99 [+]
Weapons Sales 59.00 60.74 57.49 57.79 58.09 58.4 USD Million [+]
Crude Oil Production 2.00 2 2 2 3 5 BBL/D/1K [+]
Foreign Direct Investment 1830.00 1801 1798 1796 1793 1770 ZAR Billion [+]
GOVERNMENT Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 51.70 52 54 54 54 53 percent [+]
Government Budget -3.90 -4.2 -3.62 -3.58 -3.53 -4.1 percent of GDP [+]
Government Budget Value -28617.00 26500 -4327 -5354 -5643 32600 ZAR Million [+]
Government Spending 633380.00 671000 632744 632413 631982 697000 ZAR Million [+]
Government Revenues 76436.00 147236 95893 94108 92721 1512702 ZAR Million [+]
Government Debt 63923.00 49500 67371 67527 67569 55800 USD Million [+]
Fiscal Expenditure 105053.00 113502 122703 116237 113120 121440 ZAR Million [+]
Military Expenditure 3424.40 3426 3427 3427 3428 3431 USD Million [+]
BUSINESS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence 34.00 40 36.54 37.79 39.57 45 [+]
Manufacturing PMI 48.60 54.5 54.7 54.7 50.77 55.9 [+]
Industrial Production 2.20 1.9 0.91 1.01 1.05 1 percent [+]
Industrial Production Mom 0.70 -0.2 0.14 0.13 0.12 0.5 percent [+]
Capacity Utilization 81.30 81.9 81.25 81.3 81.35 81.5 percent [+]
Changes in Inventories -5527.00 2467 2002 2395 3648 5244 ZAR Million [+]
Bankruptcies 194.00 186 194 201 206 226 Companies [+]
Total Vehicle Sales 49754.00 49535 49411 49020 48600 45782 [+]
Car Registrations 32821.00 32695 32379 31798 31209 27516 Cars [+]
Leading Economic Index 1.20 0.4 0.1 0.1 0.11 1 percent [+]
Internet Speed 6736.79 6768 6705 6625 6537 5741 KBps [+]
IP Addresses 4274668.00 4233225 4261257 4237882 4236845 4153816 IP [+]
Steel Production 565.80 585 608 626 640 683 Thousand Tonnes [+]
Mining Production 5.20 0.5 0.42 0.1 0 1.2 percent [+]
Coincident Index 95.10 94.68 94.98 95.29 95.58 97.85 Index Points [+]
Competitiveness Index 4.32 4.42 4.4 4.4 4.4 4.53 Points [+]
Competitiveness Rank 61.00 48 50 50 50 45 [+]
Composite Pmi 48.80 49.23 49.83 49.87 49.87 49.87 [+]
Ease of Doing Business 82.00 72 67 64 62 69 [+]
Electricity Production 21786.00 21350 21009 20802 20609 19338 Gigawatt-hour [+]
Corruption Index 45.00 45 46 46 46 48 Points [+]
Corruption Rank 64.00 60 62 62 62 57 [+]
CONSUMER Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Confidence -9.00 -7 -5 -6 -4 1.6 [+]
Retail Sales MoM -0.10 0.8 0.35 0.36 0.36 0.7 percent [+]
Retail Sales YoY 3.20 2.2 4.14 4.18 4.2 2.2 percent [+]
Consumer Spending 1897011.00 1894119 1900207 1904170 1907849 1918263 ZAR Million [+]
Disposable Personal Income 2723157.00 2660000 2848646 2887559 2925855 3140000 ZAR Million [+]
Personal Savings 0.20 -1.8 0.22 0.41 0.44 0.2 percent [+]
Private Sector Credit 5.43 7.51 6.77 7.74 8.63 3.11 percent [+]
Bank Lending Rate 10.25 10 10.5 10.73 10.96 8.5 percent [+]
Gasoline Prices 1.02 0.95 1.02 1.02 1.01 1.26 USD/Liter [+]
Households Debt To Gdp 33.90 37.5 34.13 34.18 34.25 36 percent of GDP [+]
Households Debt To Income 74.40 78.5 70.15 69.45 68.76 77 percent [+]
HOUSING Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Housing Index 544.47 517 613 621 628 530 Index Points [+]
TAXES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Corporate Tax Rate 28.00 29 29 30 30 31 percent [+]
Personal Income Tax Rate 45.00 43 47.5 49.75 52 67 percent [+]
Sales Tax Rate 14.00 14 14 14 14 14 percent [+]
Social Security Rate 2.00 2.98 2.98 2.98 2.98 2.99 percent [+]
Social Security Rate For Companies 1.00 1.98 1.98 1.98 1.98 1.99 percent [+]
Social Security Rate For Employees 1.00 1 1 1 1 1 percent [+]
CLIMATE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Temperature 24.00 20.88 17.18 14.73 18.16 18.64 celsius [+]
Precipitation 19.00 38.11 38.33 38.04 38.01 38.1 mm [+]