Macro‑Economic Monitor

Home / Countries / Southern Africa

South Africa economy

South Africa’s economy grew 1.1% in 2025, slower than the world as a whole (2.9%). Consumer prices rose 3.2% in 2025, and 32.4% of the labour force was out of work.

IndicatorLatestYear
Real GDP growth1.1%2025
Inflation (consumer prices)3.2%2025
Unemployment32.4%2025
GDP (US dollars)$427 bn2025
GDP per person (US dollars)$6,5982025
GDP per person (PPP, international dollars)$15,4562024
Current account balance, % of GDP−0.4%2025
Budget balance, % of GDP−4.8%2024
Extreme poverty, % of people below $3.00 a day17.4%2022
Population64.7 m2025
Open the full interactive profile

Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.