South Africa Forecast: Unemployment Rate

1980 - 2027 | Yearly | % | International Monetary Fund

Key information about South Africa Unemployment Rate Forecast

  • South Africa Unemployment Rate is forecasted to be 35.217 % in Dec 2022 as reported by International Monetary Fund
  • It records an increase from the last reported number of 34.200 % in Dec 2021
  • Looking ahead, South Africa Unemployment Rate is projected to stand at 39.792 % in Dec 2027
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate

View South Africa's Forecast: Unemployment Rate from 1980 to 2027 in the chart:

South Africa Forecast: Unemployment Rate

What is South Africa's Forecast: Unemployment Rate in 2027?

South Africa Unemployment Rate is forecasted to be 35.217 % in Dec 2022 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
39.792 2027 39.237 2026 9.241 1980 39.792 2027 % yearly 1980 - 2027

Forecast: Unemployment Rate by Country Comparison

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country/region Last Frequency Range
Afghanistan (%) 0.000 yearly -
Albania (%) 10.000 2027 yearly 1980 - 2027
Algeria (%) 3.464 2027 yearly 1980 - 2027
Andorra (%) 1.675 2027 yearly 2010 - 2027
Angola (%) 0.000 yearly -
Antigua and Barbuda (%) 0.000 yearly -
Argentina (%) 8.100 2027 yearly 1980 - 2027
Armenia (%) 16.500 2027 yearly 2001 - 2027
Aruba (%) 5.091 2026 yearly 1991 - 2026
Australia (%) 4.703 2027 yearly 1980 - 2027
Austria (%) 4.800 2027 yearly 1980 - 2027
Azerbaijan (%) 5.564 2027 yearly 2000 - 2027
Bahamas (%) 11.431 2027 yearly 1986 - 2027
Bahrain (%) 3.951 2027 yearly 2007 - 2027
Bangladesh (%) 0.000 yearly -
Barbados (%) 9.392 2027 yearly 1981 - 2027
Belarus (%) 3.754 2027 yearly 1993 - 2027
Belgium (%) 5.522 2027 yearly 1980 - 2027
Belize (%) 7.404 2027 yearly 1990 - 2027
Benin (%) 0.000 yearly -
Bhutan (%) 5.000 2020 yearly 2003 - 2020
Bolivia (%) 4.000 2027 yearly 2000 - 2027
Bosnia and Herzegovina (%) 15.545 2027 yearly 1995 - 2027
Botswana (%) 0.000 yearly -
Brazil (%) 10.415 2027 yearly 1991 - 2027
Brunei (%) 6.822 2027 yearly 2011 - 2027
Bulgaria (%) 4.200 2027 yearly 1989 - 2027
Burkina Faso (%) 0.000 yearly -
Burundi (%) 0.000 yearly -
Cambodia (%) 0.000 yearly -
Cameroon (%) 0.000 yearly -
Canada (%) 5.009 2027 yearly 1980 - 2027
Cape Verde (%) 8.500 2027 yearly 1980 - 2027
Central African Republic (%) 0.000 yearly -
Chad (%) 0.000 yearly -
Chile (%) 6.808 2027 yearly 1980 - 2027
China (%) 3.600 2027 yearly 1980 - 2027
Colombia (%) 9.490 2027 yearly 1980 - 2027
Comoros (%) 0.000 yearly -
Congo (%) 0.000 yearly -
Costa Rica (%) 9.000 2026 yearly 1980 - 2026
Croatia (%) 6.265 2027 yearly 1991 - 2027
Cyprus (%) 5.523 2027 yearly 1982 - 2027
Czech Republic (%) 2.300 2027 yearly 1995 - 2027
Democratic Republic of Congo (%) 0.000 yearly -
Denmark (%) 5.000 2027 yearly 1980 - 2027
Djibouti (%) 0.000 yearly -
Dominica (%) 0.000 yearly -
Dominican Republic (%) 6.000 2027 yearly 1991 - 2027
Ecuador (%) 3.644 2027 yearly 1988 - 2027
Egypt (%) 6.402 2027 yearly 1990 - 2027
El Salvador (%) 7.000 2027 yearly 1988 - 2027
Equatorial Guinea (%) 0.000 yearly -
Eritrea (%) 0.000 yearly -
Estonia (%) 4.828 2027 yearly 1993 - 2027
Swaziland (%) 25.000 2016 yearly 1995 - 2016
Ethiopia (%) 0.000 yearly -
Fiji (%) 4.500 2027 yearly 1986 - 2027
Finland (%) 6.500 2027 yearly 1980 - 2027
France (%) 7.399 2027 yearly 1980 - 2027
Gabon (%) 0.000 yearly -
Gambia (%) 0.000 yearly -
Georgia (%) 20.015 2027 yearly 1996 - 2027
Germany (%) 3.142 2027 yearly 1980 - 2027
Ghana (%) 0.000 yearly -
Greece (%) 10.610 2027 yearly 1980 - 2027
Grenada (%) 0.000 yearly -
Guatemala (%) 0.000 yearly -
Guinea (%) 0.000 yearly -
Guinea-Bissau (%) 0.000 yearly -
Guyana (%) 0.000 yearly -
Haiti (%) 0.000 yearly -
Honduras (%) 4.398 2027 yearly 1980 - 2027
Hong Kong SAR, China (%) 2.971 2027 yearly 1980 - 2027
Hungary (%) 3.805 2027 yearly 1980 - 2027
Iceland (%) 4.000 2027 yearly 1980 - 2027
India (%) 0.000 yearly -
Indonesia (%) 5.100 2027 yearly 1984 - 2027
Iran (%) 10.819 2027 yearly 1990 - 2027
Iraq (%) 0.000 yearly -
Ireland (%) 4.955 2027 yearly 1985 - 2027
Israel (%) 3.700 2027 yearly 1980 - 2027
Italy (%) 8.900 2027 yearly 1980 - 2027
Ivory Coast (%) 0.000 yearly -
Jamaica (%) 7.700 2019 yearly 1980 - 2019
Japan (%) 2.400 2027 yearly 1980 - 2027
Jordan (%) 24.425 2021 yearly 1984 - 2021
Kazakhstan (%) 4.775 2027 yearly 1994 - 2027
Kenya (%) 0.000 yearly -
Kiribati (%) 0.000 yearly -
South Korea (%) 3.597 2027 yearly 1980 - 2027
Kosovo (%) 25.700 2019 yearly 2012 - 2019
Kuwait (%) 1.276 2021 yearly 1981 - 2021
Kyrgyzstan (%) 6.605 2027 yearly 1994 - 2027
Laos (%) 0.000 yearly -
Latvia (%) 6.559 2027 yearly 1992 - 2027
Lebanon (%) 0.000 yearly -
Lesotho (%) 0.000 2015 yearly 2000 - 2015
Liberia (%) 0.000 yearly -
Libya (%) 0.000 yearly -

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South Africa Key Series

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Includes 260 key indicators for South Africa, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.6 Jun 2022 quarterly Dec 1990 - Jun 2022
Consolidated Fiscal Balance (USD mn) -7,678.395 Jul 2022 monthly Jan 1990 - Jul 2022
Tax Revenue (USD mn) 5,053.799 Jul 2022 monthly Jan 1990 - Jul 2022
Tax Revenue: % of GDP (%) 24.6 Jun 2022 quarterly Mar 1990 - Jun 2022
National Government Debt (USD mn) 272,286.3 Jul 2022 monthly Jan 1960 - Jul 2022
Government Debt: % of GDP (%) 70.1 Jun 2022 quarterly Dec 1960 - Jun 2022
Forecast: Government Expenditure (ZAR bn) 2,990.494 2027 yearly 2000 - 2027
Forecast: Government Net Debt (ZAR bn) 7,553.323 2027 yearly 2000 - 2027
Forecast: Government Revenue (ZAR bn) 2,304.689 2027 yearly 2000 - 2027
National Govt Revenue (ZAR mn) 86,135.000 Jul 2022 monthly Jan 1990 - Jul 2022
National Govt Expenditure (ZAR mn) 215,658.000 Jul 2022 monthly Jan 1990 - Jul 2022
National Govt Balance (ZAR mn) -129,523.000 Jul 2022 monthly Jan 1990 - Jul 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.850 2027 yearly 1980 - 2027
Trade Balance (USD mn) 1,468.1 Jul 2022 monthly Oct 2004 - Jul 2022
Total Exports (USD mn) 10,506.7 Jul 2022 monthly Oct 2004 - Jul 2022
Total Exports Growth (%) 22.3 Jul 2022 monthly Oct 2005 - Jul 2022
Aluminum: Exports (USD th) 2,848,013.437 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 156,361.310 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 71,680.051 2021 yearly 1995 - 2021
Total Imports (USD mn) 9,038.6 Jul 2022 monthly Oct 2004 - Jul 2022
Total Imports Growth (%) 47.3 Jun 2022 monthly Oct 2005 - Jun 2022
Imports: Medicament (USD th) 2,865,400.538 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 846,322.509 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 846.082 Jul 2022 monthly Jan 1998 - Jul 2022
Total Imports from USA (USD mn) 623.441 Jul 2022 monthly Jan 1998 - Jul 2022
Total Exports to China (USD mn) 1,289.257 Jul 2022 monthly Jan 1998 - Jul 2022
Total Imports from China (USD mn) 1,802.451 Jul 2022 monthly Sep 1999 - Jul 2022
Exports: Base Metals (ZAR mn) 19,202.600 Jul 2022 monthly Jan 2010 - Jul 2022
Exports: Mineral Products (ZAR mn) 50,416.800 Jul 2022 monthly Jan 2010 - Jul 2022
Exports: Chemical Products (ZAR mn) 12,310.300 Jun 2022 monthly Jan 2010 - Jun 2022
Exports: Natural Pearls and Precious Metal (ZAR mn) 35,731.000 Jul 2022 monthly Jan 2010 - Jul 2022
Exports: Machinery and Mechanical Appliances (ZAR mn) 12,573.800 Jul 2022 monthly Jan 2010 - Jul 2022
Exports: China (ZAR) 21,747,825,774.000 Jul 2022 monthly Jan 2009 - Jul 2022
Exports: United Kingdom (ZAR) 5,774,685,818.000 Jul 2022 monthly Jan 2009 - Jul 2022
Exports: Germany (ZAR) 13,508,320,779.000 Jul 2022 monthly Jan 2009 - Jul 2022
Exports: Japan (ZAR) 11,092,917,188.000 Jul 2022 monthly Jan 2009 - Jul 2022
Exports: United States (ZAR) 14,272,138,243.000 Jul 2022 monthly Jan 2009 - Jul 2022
Exports (ZAR mn) 177,232.200 Jul 2022 monthly Jan 2010 - Jul 2022
Imports: Textiles (ZAR mn) 5,100.600 Jul 2022 monthly Jan 2010 - Jul 2022
Imports: Vehicles (ZAR mn) 11,867.200 Jul 2022 monthly Jan 2010 - Jul 2022
Imports: Mineral Products (ZAR mn) 35,443.700 Jul 2022 monthly Jan 2010 - Jul 2022
Imports: Machinery and Mechanical Appliances (ZAR mn) 30,331.700 Jun 2022 monthly Jan 2010 - Jun 2022
Imports: Chemical Products (ZAR mn) 19,446.700 Jul 2022 monthly Jan 2010 - Jul 2022
Imports: Japan (ZAR) 3,118,934,733.000 Jul 2022 monthly Jan 2009 - Jul 2022
Imports: United Kingdom (ZAR) 2,094,143,274.000 Jul 2022 monthly Jan 2009 - Jul 2022
Imports: Germany (ZAR) 11,093,831,932.000 Jul 2022 monthly Jan 2009 - Jul 2022
Imports: China (ZAR) 30,404,637,305.000 Jul 2022 monthly Jan 2009 - Jul 2022
Imports: United States (ZAR) 10,516,506,490.000 Jul 2022 monthly Jan 2009 - Jul 2022
Imports (ZAR mn) 152,468.300 Jul 2022 monthly Jan 2010 - Jul 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 1,302.3 Mar 2022 quarterly Mar 1985 - Mar 2022
Current Account Balance (USD mn) -1,388.5 Jun 2022 quarterly Mar 1960 - Jun 2022
Current Account Balance: % of GDP (%) 2.4 Mar 2022 quarterly Mar 1960 - Mar 2022
Foreign Direct Investment (USD mn) 1,787.1 Mar 2022 quarterly Mar 1985 - Mar 2022
Foreign Direct Investment: % of GDP (%) 1.7 Mar 2022 quarterly Mar 1985 - Mar 2022
Foreign Portfolio Investment (USD mn) 4,220.669 Mar 2022 quarterly Mar 1985 - Mar 2022
Foreign Portfolio Investment: % of GDP (%) 4.1 Mar 2022 quarterly Mar 1985 - Mar 2022
Foreign Portfolio Investment: Equity Securities (USD mn) 3,415.5 Mar 2022 quarterly Mar 1997 - Mar 2022
Foreign Portfolio Investment: Debt Securities (USD mn) 805.214 Mar 2022 quarterly Mar 1997 - Mar 2022
External Debt (USD mn) 173,837.0 Mar 2022 quarterly Dec 1985 - Mar 2022
External Debt: % of GDP (%) 38.3 2021 yearly 1985 - 2021
External Debt: Short Term (USD mn) 31,343.0 Mar 2022 quarterly Dec 2002 - Mar 2022
External Debt: Short Term: % of GDP (%) 6.5 2021 yearly 1994 - 2021
Forecast: Current Account Balance (USD bn) -10.483 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) 21,211.085 Mar 2022 quarterly Dec 2012 - Mar 2022
BoP: Current Account: Exports: Net Gold (ZAR mn) 19,066.000 Mar 2022 quarterly Mar 1960 - Mar 2022
BoP: Current Account: Less Payments: Income (ZAR mn) 89,151.000 Mar 2022 quarterly Mar 1960 - Mar 2022
BoP: Financial Account: Direct Investment: Net: Financial Assets (ZAR mn) -19,815.000 Mar 2022 quarterly Mar 1985 - Mar 2022
BoP: Financial Account: Other Investment: Net: Liabilities (ZAR mn) 81,155.000 Mar 2022 quarterly Mar 1985 - Mar 2022
BoP: Financial Account: Reserve Assets (ZAR mn) -6,779.000 Mar 2022 quarterly Mar 1985 - Mar 2022
BoP: Financial Account: PI: Liabilities: Equity & Investment Fund Shares (ZAR mn) -15,687.000 Dec 2018 quarterly Mar 1997 - Dec 2018
BoP: Current Account: Exports: Merchandise (ZAR mn) 442,423.000 Mar 2022 quarterly Mar 1960 - Mar 2022
BoP: Current Account: Less Payments: Services (ZAR mn) 61,220.000 Mar 2022 quarterly Mar 1960 - Mar 2022
BoP: Financial Account: Direct Investment: Net (ZAR mn) 7,377.000 Mar 2022 quarterly Mar 1985 - Mar 2022
BoP: Financial Account: Other Investment: Net (ZAR mn) 11,915.000 Mar 2022 quarterly Mar 1985 - Mar 2022
BoP: Financial Account: Financial Derivatives: Net: Financial Assets (ZAR mn) 46,651.000 Mar 2022 quarterly Mar 1985 - Mar 2022
BoP: Current Account: Receipts: Services (ZAR mn) 44,366.000 Mar 2022 quarterly Mar 1960 - Mar 2022
BoP: Current Account: Current Transfers (ZAR mn) -9,040.000 Mar 2022 quarterly Mar 1960 - Mar 2022
BoP: Financial Account: Portfolio Investment (PI): Net (ZAR mn) 10,806.000 Mar 2022 quarterly Mar 1985 - Mar 2022
BoP: Financial Account: Other Investment: Net: Financial Assets (ZAR mn) -69,240.000 Mar 2022 quarterly Mar 1985 - Mar 2022
BoP: Current Account: Less Imports: Merchandise (ZAR mn) 389,142.000 Mar 2022 quarterly Mar 1960 - Mar 2022
BoP: Financial Account (ZAR mn) 23,360.000 Mar 2022 quarterly Mar 1985 - Mar 2022
BoP: Financial Account: PI: Net: Assets (ZAR mn) -53,415.000 Mar 2022 quarterly Mar 1985 - Mar 2022
BoP: Financial Account: Financial Derivatives: Net: Liabilities (ZAR mn) -46,610.000 Mar 2022 quarterly Mar 1985 - Mar 2022
BoP: Financial Account: Net Direct Investment: Liabilities (ZAR mn) -8,219.000 Dec 2018 quarterly Mar 1985 - Dec 2018
BoP: Current Account: Receipts: Income (ZAR mn) 52,197.000 Mar 2022 quarterly Mar 1960 - Mar 2022
BoP: Capital Transfers Account (ZAR mn) -29,111.000 Mar 2022 quarterly Mar 1960 - Mar 2022
BoP: Financial Account: PI: Net: Liabilities (ZAR mn) 64,221.000 Mar 2022 quarterly Mar 1985 - Mar 2022
BoP: Financial Account: Financial Derivatives: Net (ZAR mn) 41.000 Mar 2022 quarterly Mar 1985 - Mar 2022
BoP: saar: CA: Exports: Merchandise (ZAR mn) 1,891,326.000 Mar 2022 quarterly Mar 1960 - Mar 2022
BoP: saar: CA: Less Payments: Services (ZAR mn) 285,762.000 Jun 2022 quarterly Mar 1960 - Jun 2022
BoP: saar: Current Account (CA) (ZAR mn) -86,588.000 Jun 2022 quarterly Mar 1960 - Jun 2022
BoP: saar: CA: Less Imports: Merchandise (ZAR mn) 1,805,036.000 Jun 2022 quarterly Mar 1960 - Jun 2022
BoP: saar: CA: Exports: Net Gold (ZAR mn) 94,936.000 Jun 2022 quarterly Mar 1960 - Jun 2022
BoP: saar: CA: Less Payments: Income (ZAR mn) 404,555.000 Jun 2022 quarterly Mar 1960 - Jun 2022
BoP: saar: CA: Receipts: Income (ZAR mn) 154,677.000 Jun 2022 quarterly Mar 1960 - Jun 2022
BoP: saar: CA: Receipts: Services (ZAR mn) 205,132.000 Jun 2022 quarterly Mar 1960 - Jun 2022
BoP: saar: CA: Current Transfers (ZAR mn) -27,873.000 Jun 2022 quarterly Mar 1960 - Jun 2022
Foreign Investment: Direct (ZAR mn) 1,925,533.000 2017 yearly 1956 - 2017
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.5 Jul 2022 monthly Jan 2008 - Jul 2022
Household Debt: % of GDP (%) 41.9 Mar 2022 quarterly Mar 1969 - Mar 2022
Non-Performing Loans (USD mn) 13,423.913 Jul 2022 monthly Jan 2008 - Jul 2022
Money Supply M1 (USD mn) 143,392.091 Jun 2022 monthly Mar 1965 - Jun 2022
Money Supply M2 (USD mn) 224,260.027 Jul 2022 monthly Mar 1965 - Jul 2022
M2 Growth (%) 6.8 Jul 2022 monthly Mar 1966 - Jul 2022
Reserve Requirement Ratio (%) 2.5 Aug 2022 monthly Feb 1994 - Aug 2022
Foreign Exchange Reserves (USD mn) 45,699.0 Jul 2022 monthly Jan 2001 - Jul 2022
Foreign Exchange Reserves: % of GDP (%) 10.730 Jun 2022 quarterly Mar 2001 - Jun 2022
Foreign Exchange Reserves: Months of Import (NA) 4.4 Jun 2022 monthly Oct 2004 - Jun 2022
Gold Reserves (USD mn) 7,088.000 Jul 2022 monthly Dec 1956 - Jul 2022
Total Deposits (USD mn) 340,900.239 Mar 2022 monthly Dec 1986 - Mar 2022
Total Deposits Growth (%) 7.4 Mar 2022 monthly Dec 1987 - Mar 2022
Domestic Credit (USD mn) 286,710.6 Jul 2022 monthly Mar 1965 - Jul 2022
Domestic Credit Growth (%) 8.1 Jul 2022 monthly Mar 1966 - Jul 2022
Debt Service Ratio: Private Non-Financial Sector (%) 7.000 Dec 2021 quarterly Mar 1999 - Dec 2021
Credit to Households (USD bn) 131.680 Dec 2021 quarterly Mar 2008 - Dec 2021
Credit to Private Non-Financial Sector (USD bn) 258.431 Dec 2021 quarterly Mar 1965 - Dec 2021
Household Debt (USD mn) 180,306.9 Mar 2022 quarterly Mar 1969 - Mar 2022
Total Loans (USD mn) 299,984.528 Jul 2022 monthly Jan 2008 - Jul 2022
Total Loans Growth (%) 8.09 Jul 2022 monthly Jan 2009 - Jul 2022
Private Debt: % of Nominal GDP (%) 67.17 Jun 2022 quarterly Mar 1965 - Jun 2022
Money Supply M3: sa (ZAR mn) 4,549,407.000 Jul 2022 monthly Mar 1965 - Jul 2022
Money Supply M3: M2 (ZAR mn) 3,726,641.000 Jul 2022 monthly Mar 1965 - Jul 2022
Money Supply M3: M2: M1 (ZAR mn) 2,399,514.000 Jul 2022 monthly Mar 1965 - Jul 2022
Money Supply M3 (ZAR mn) 4,566,096.000 Jul 2022 monthly Mar 1965 - Jul 2022
Monetary Base (ZAR mn) 309,638.000 Jul 2022 monthly Mar 1965 - Jul 2022
Official Reserve Assets: Gold (USD mn) 5,335.000 Jan 2019 monthly Jan 2001 - Jan 2019
Official Reserve Assets (USD mn) 59,508.000 Jul 2022 monthly Jan 2001 - Jul 2022
Gold & Other Foreign Reserves: Memorandum Items: Gross (USD mn) 50,582.00 Jun 2018 monthly Jan 1981 - Jun 2018
Domestic Deposits (ZAR mn) 4,332,071.000 Mar 2022 monthly Mar 1965 - Mar 2022
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -8.1 Aug 2022 monthly Sep 2000 - Aug 2022
Purchasing Managers' Index (NA) 46.900 Jul 2022 monthly Sep 1999 - Jul 2022
Business Confidence Index: Quarterly: Manufacturers (%) 26.000 Sep 2022 quarterly Mar 1975 - Sep 2022
Business Confidence Index (2020=100) 110.300 Jul 2022 monthly Jan 2015 - Jul 2022
Composite Coincident Index: sa: 2015=100: Domestic (2015=100) 102.50 Mar 2018 monthly Jan 1960 - Mar 2018
Composite Leading Index: sa: 2015=100: Domestic (2015=100) 105.88 Apr 2018 monthly Jan 1960 - Apr 2018
Composite Lagging Index: sa: 2015=100: Domestic (2015=100) 94.64 Mar 2018 monthly Jan 1960 - Mar 2018
Building & Construction Survey: Composite Confidence (%) 24.500 Mar 2019 quarterly Jun 1986 - Mar 2019
ZA: Ease of Doing Business Rank: 1=Most Business-friendly Regulations (NA) 84.000 2019 yearly 2019 - 2019

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