South Africa Forecast: Unemployment Rate

1980 - 2026 | Yearly | % | International Monetary Fund

South Africa Unemployment Rate is forecasted to be 29.694 % in Dec 2021 as reported by International Monetary Fund. It records an increase from the last reported number of 29.175 % in Dec 2020. Looking ahead, South Africa Unemployment Rate is projected to stand at 35.265 % in Dec 2026. 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 2026 in the chart:

South Africa Forecast: Unemployment Rate

What is South Africa's Forecast: Unemployment Rate in 2026?

Last Previous Min Max Unit Frequency Range
35.265 2026 34.592 2025 9.241 1980 35.265 2026 % yearly 1980 - 2026

Forecast: Unemployment Rate by Country Comparison

Buy Selected Data

Includes Forecast: Unemployment Rate on 191 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Afghanistan (%) 0.000 yearly -
Albania (%) 10.000 2026 yearly 1980 - 2026
Algeria (%) 19.406 2026 yearly 1980 - 2026
Angola (%) 0.000 yearly -
Antigua and Barbuda (%) 0.000 yearly -
Argentina (%) 9.150 2026 yearly 1980 - 2026
Armenia (%) 22.266 2026 yearly 2001 - 2026
Aruba (%) 7.891 2025 yearly 1998 - 2025
Australia (%) 4.782 2026 yearly 1980 - 2026
Austria (%) 4.500 2026 yearly 1980 - 2026
Azerbaijan (%) 5.440 2026 yearly 2000 - 2026
Bahamas (%) 11.988 2026 yearly 1986 - 2026
Bahrain (%) 3.804 2026 yearly 2007 - 2026
Bangladesh (%) 0.000 yearly -
Barbados (%) 11.480 2026 yearly 1981 - 2026
Belarus (%) 3.941 2026 yearly 1993 - 2026
Belgium (%) 5.713 2026 yearly 1980 - 2026
Belize (%) 13.581 2026 yearly 1990 - 2026
Benin (%) 0.000 yearly -
Bhutan (%) 3.138 2017 yearly 2003 - 2017
Bolivia (%) 4.000 2026 yearly 2000 - 2026
Bosnia and Herzegovina (%) 14.700 2026 yearly 1995 - 2026
Botswana (%) 0.000 yearly -
Brazil (%) 10.012 2026 yearly 1991 - 2026
Brunei (%) 6.822 2026 yearly 2011 - 2026
Bulgaria (%) 4.200 2026 yearly 1989 - 2026
Burkina Faso (%) 0.000 yearly -
Burundi (%) 0.000 yearly -
Cambodia (%) 0.000 yearly -
Cameroon (%) 0.000 yearly -
Canada (%) 6.500 2026 yearly 1980 - 2026
Cape Verde (%) 8.500 2026 yearly 1980 - 2026
Central African Republic (%) 0.000 yearly -
Chad (%) 0.000 yearly -
Chile (%) 7.172 2026 yearly 1980 - 2026
China (%) 3.510 2026 yearly 1980 - 2026
Colombia (%) 10.486 2026 yearly 1980 - 2026
Comoros (%) 0.000 yearly -
Congo (%) 0.000 yearly -
Costa Rica (%) 9.500 2025 yearly 1980 - 2025
Croatia (%) 7.699 2026 yearly 1991 - 2026
Cyprus (%) 5.061 2026 yearly 1982 - 2026
Czech Republic (%) 2.800 2026 yearly 1995 - 2026
Democratic Republic of Congo (%) 0.000 yearly -
Denmark (%) 5.450 2026 yearly 1980 - 2026
Djibouti (%) 0.000 yearly -
Dominica (%) 0.000 yearly -
Dominican Republic (%) 5.500 2026 yearly 1991 - 2026
Ecuador (%) 3.680 2026 yearly 1988 - 2026
Egypt (%) 6.878 2026 yearly 1990 - 2026
El Salvador (%) 7.000 2026 yearly 1988 - 2026
Equatorial Guinea (%) 0.000 yearly -
Eritrea (%) 0.000 yearly -
Estonia (%) 4.966 2026 yearly 1993 - 2026
Swaziland (%) 25.000 2016 yearly 1995 - 2016
Ethiopia (%) 0.000 yearly -
Fiji (%) 4.500 2026 yearly 1986 - 2026
Finland (%) 6.540 2026 yearly 1980 - 2026
France (%) 8.399 2026 yearly 1980 - 2026
Gabon (%) 0.000 yearly -
Gambia (%) 0.000 yearly -
Georgia (%) 17.605 2019 yearly 1996 - 2019
Germany (%) 3.344 2026 yearly 1980 - 2026
Ghana (%) 0.000 yearly -
Greece (%) 12.045 2026 yearly 1980 - 2026
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 (%) 4.000 2026 yearly 1980 - 2026
Hong Kong SAR, China (%) 3.003 2026 yearly 1980 - 2026
Hungary (%) 3.395 2026 yearly 1980 - 2026
Iceland (%) 4.000 2026 yearly 1980 - 2026
India (%) 0.000 yearly -
Indonesia (%) 5.300 2026 yearly 1984 - 2026
Iran (%) 12.521 2026 yearly 1990 - 2026
Iraq (%) 0.000 yearly -
Ireland (%) 5.001 2026 yearly 1985 - 2026
Israel (%) 3.900 2026 yearly 1980 - 2026
Italy (%) 11.200 2026 yearly 1980 - 2026
Ivory Coast (%) 0.000 yearly -
Jamaica (%) 7.700 2019 yearly 1980 - 2019
Japan (%) 2.333 2026 yearly 1980 - 2026
Jordan (%) 22.700 2020 yearly 1984 - 2020
Kazakhstan (%) 4.979 2026 yearly 1994 - 2026
Kenya (%) 0.000 yearly -
Kiribati (%) 0.000 yearly -
South Korea (%) 3.700 2026 yearly 1980 - 2026
Kosovo (%) 25.700 2019 yearly 2012 - 2019
Kuwait (%) 1.087 2018 yearly 1981 - 2018
Kyrgyzstan (%) 6.605 2026 yearly 1994 - 2026
Laos (%) 0.000 yearly -
Latvia (%) 5.952 2026 yearly 1992 - 2026
Lebanon (%) 0.000 yearly -
Lesotho (%) 0.000 2015 yearly 2000 - 2015
Liberia (%) 0.000 yearly -
Libya (%) 0.000 yearly -
Lithuania (%) 5.900 2026 yearly 1999 - 2026

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

South Africa Key Series

Buy Selected Data

Includes 373 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 (%) -10.6 Sep 2020 quarterly Dec 1990 - Sep 2020
Consolidated Fiscal Balance (USD mn) -5,036.054 Jan 2021 monthly Jan 1990 - Jan 2021
Tax Revenue (USD mn) 8,853.266 Feb 2021 monthly Jan 1990 - Feb 2021
Tax Revenue: % of GDP (%) 21.7 Sep 2020 quarterly Mar 1990 - Sep 2020
National Government Debt (USD mn) 259,480.5 Feb 2021 monthly Jan 1960 - Feb 2021
Government Debt: % of GDP (%) 77.1 Dec 2020 quarterly Dec 1960 - Dec 2020
Forecast: Government Expenditure (ZAR bn) 2,514.920 2026 yearly 2000 - 2026
Forecast: Government Net Debt (ZAR bn) 6,706.050 2026 yearly 2000 - 2026
Forecast: Government Revenue (ZAR bn) 2,035.370 2026 yearly 2000 - 2026
National Govt Balance (ZAR mn) -12,334.717 Feb 2021 monthly Jan 1990 - Feb 2021
National Govt Expenditure (ZAR mn) 145,575.978 Feb 2021 monthly Jan 1990 - Feb 2021
National Govt Revenue (ZAR mn) 133,241.261 Feb 2021 monthly Jan 1990 - Feb 2021
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.900 2026 yearly 1980 - 2026
Trade Balance (USD mn) 1,959.5 Feb 2021 monthly Oct 2004 - Feb 2021
Total Exports (USD mn) 8,677.7 Feb 2021 monthly Oct 2004 - Feb 2021
Total Exports Growth (%) 17.5 Feb 2021 monthly Oct 2005 - Feb 2021
Aluminum: Exports (USD th) 1,519,011.607 2019 yearly 1995 - 2019
Exports: Medicament (USD th) 360,214.529 2019 yearly 1995 - 2019
Exports: Medicinal and Pharmaceutical Product (USD th) 95,001.532 2019 yearly 1995 - 2019
Total Imports (USD mn) 6,718.2 Feb 2021 monthly Oct 2004 - Feb 2021
Total Imports Growth (%) 4.0 Feb 2021 monthly Oct 2005 - Feb 2021
Imports: Medicament (USD th) 1,856,051.266 2019 yearly 1995 - 2019
Imports: Medicinal and Pharmaceutical Product (USD th) 670,554.193 2019 yearly 1995 - 2019
Total Exports to USA (USD mn) 755.859 Nov 2020 monthly Jan 1998 - Nov 2020
Total Imports from USA (USD mn) 423.692 Jan 2021 monthly Jan 1998 - Jan 2021
Total Exports to China (USD mn) 1,116.176 Jan 2021 monthly Jan 1998 - Jan 2021
Total Imports from China (USD mn) 1,371.931 Jan 2021 monthly Sep 1999 - Jan 2021
Exports (ZAR mn) 128,249.200 Feb 2021 monthly Jan 2010 - Feb 2021
Exports: United Kingdom (ZAR) 6,341,810,536.000 Jan 2021 monthly Jan 2009 - Jan 2021
Exports: Germany (ZAR) 10,045,932,720.000 Jan 2021 monthly Jan 2009 - Jan 2021
Exports: United States (ZAR) 10,508,114,042.000 Jan 2021 monthly Jan 2009 - Jan 2021
Exports: China (ZAR) 16,896,562,026.000 Jan 2021 monthly Jan 2009 - Jan 2021
Exports: Japan (ZAR) 7,864,886,483.000 Jan 2021 monthly Jan 2009 - Jan 2021
Exports: Natural Pearls and Precious Metal (ZAR mn) 29,143.900 Feb 2021 monthly Jan 2010 - Feb 2021
Exports: Base Metals (ZAR mn) 12,458.900 Feb 2021 monthly Jan 2010 - Feb 2021
Exports: Machinery and Mechanical Appliances (ZAR mn) 9,622.300 Feb 2021 monthly Jan 2010 - Feb 2021
Exports: Mineral Products (ZAR mn) 31,067.100 Feb 2021 monthly Jan 2010 - Feb 2021
Exports: Chemical Products (ZAR mn) 8,172.700 Feb 2021 monthly Jan 2010 - Feb 2021
Imports (ZAR mn) 99,289.100 Feb 2021 monthly Jan 2010 - Feb 2021
Imports: United Kingdom (ZAR) 1,952,681,636.000 Jan 2021 monthly Jan 2009 - Jan 2021
Imports: Germany (ZAR) 8,538,335,074.000 Jan 2021 monthly Jan 2009 - Jan 2021
Imports: United States (ZAR) 6,413,814,022.000 Jan 2021 monthly Jan 2009 - Jan 2021
Imports: China (ZAR) 20,768,152,699.000 Jan 2021 monthly Jan 2009 - Jan 2021
Imports: Japan (ZAR) 3,149,228,683.000 Jan 2021 monthly Jan 2009 - Jan 2021
Imports: Textiles (ZAR mn) 4,301.200 Feb 2021 monthly Jan 2010 - Feb 2021
Imports: Machinery and Mechanical Appliances (ZAR mn) 20,453.600 Feb 2021 monthly Jan 2010 - Feb 2021
Imports: Vehicles (ZAR mn) 6,772.400 Feb 2021 monthly Jan 2010 - Feb 2021
Imports: Mineral Products (ZAR mn) 17,781.600 Feb 2021 monthly Jan 2010 - Feb 2021
Imports: Chemical Products (ZAR mn) 10,505.700 Feb 2021 monthly Jan 2010 - Feb 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -2,126.5 Dec 2020 quarterly Mar 1985 - Dec 2020
Current Account Balance (USD mn) 3,165.8 Dec 2020 quarterly Mar 1960 - Dec 2020
Current Account Balance: % of GDP (%) 3.7 Dec 2020 quarterly Mar 1960 - Dec 2020
Foreign Direct Investment (USD mn) 1,024.9 Dec 2020 quarterly Mar 1985 - Dec 2020
Foreign Direct Investment: % of GDP (%) 1.2 Dec 2020 quarterly Mar 1985 - Dec 2020
Foreign Portfolio Investment: Equity Securities (USD mn) -743.6 Dec 2020 quarterly Mar 1997 - Dec 2020
Foreign Portfolio Investment: % of GDP (%) 1.8 Dec 2020 quarterly Mar 1985 - Dec 2020
Foreign Portfolio Investment (USD mn) 1,542.988 Dec 2020 quarterly Mar 1985 - Dec 2020
Foreign Portfolio Investment: Debt Securities (USD mn) 475.448 Sep 2020 quarterly Mar 1997 - Sep 2020
External Debt (USD mn) 157,021.0 Sep 2020 quarterly Dec 1985 - Sep 2020
External Debt: % of GDP (%) 56.5 2020 yearly 1985 - 2020
External Debt: Short Term (USD mn) 27,788.0 Dec 2020 quarterly Dec 2002 - Dec 2020
External Debt: Short Term: % of GDP (%) 9.2 2020 yearly 1994 - 2020
Forecast: Current Account Balance (USD bn) -11.558 2026 yearly 1980 - 2026
Net International Investment Position (USD mn) 116,579.302 Sep 2020 quarterly Dec 2012 - Sep 2020
BoP: Financial Account: PI: Liabilities: Equity & Investment Fund Shares (ZAR mn) -15,687.000 Dec 2018 quarterly Mar 1997 - Dec 2018
BoP: Financial Account: PI: Net: Liabilities (ZAR mn) 24,104.000 Dec 2020 quarterly Mar 1985 - Dec 2020
BoP: Financial Account: Direct Investment: Net: Financial Assets (ZAR mn) 33,220.000 Dec 2020 quarterly Mar 1985 - Dec 2020
BoP: Financial Account (ZAR mn) -58,932.000 Dec 2020 quarterly Mar 1985 - Dec 2020
BoP: Financial Account: Net Direct Investment: Liabilities (ZAR mn) -8,219.000 Dec 2018 quarterly Mar 1985 - Dec 2018
BoP: Financial Account: Direct Investment: Net (ZAR mn) 49,230.000 Dec 2020 quarterly Mar 1985 - Dec 2020
BoP: Capital Transfers Account (ZAR mn) 55.000 Dec 2020 quarterly Mar 1960 - Dec 2020
BoP: Current Account: Current Transfers (ZAR mn) -13,627.000 Dec 2020 quarterly Mar 1960 - Dec 2020
BoP: Financial Account: Portfolio Investment (PI): Net (ZAR mn) -11,889.000 Dec 2020 quarterly Mar 1985 - Dec 2020
BoP: Financial Account: Financial Derivatives: Net: Liabilities (ZAR mn) -69,806.000 Dec 2020 quarterly Mar 1985 - Dec 2020
BoP: Financial Account: Other Investment: Net: Financial Assets (ZAR mn) -58,919.000 Dec 2020 quarterly Mar 1985 - Dec 2020
BoP: Financial Account: Financial Derivatives: Net: Financial Assets (ZAR mn) 69,767.000 Dec 2020 quarterly Mar 1985 - Dec 2020
BoP: Current Account: Exports: Merchandise (ZAR mn) 379,349.000 Dec 2020 quarterly Mar 1960 - Dec 2020
BoP: Financial Account: Other Investment: Net: Liabilities (ZAR mn) -42,370.000 Dec 2020 quarterly Mar 1985 - Dec 2020
BoP: Financial Account: Financial Derivatives: Net (ZAR mn) -39.000 Dec 2020 quarterly Mar 1985 - Dec 2020
BoP: Financial Account: Other Investment: Net (ZAR mn) 43,790.000 Sep 2020 quarterly Mar 1985 - Sep 2020
BoP: Financial Account: PI: Net: Assets (ZAR mn) -35,993.000 Dec 2020 quarterly Mar 1985 - Dec 2020
BoP: Financial Account: Reserve Assets (ZAR mn) 5,055.000 Dec 2020 quarterly Mar 1985 - Dec 2020
BoP: Current Account: Exports: Net Gold (ZAR mn) 31,934.000 Dec 2020 quarterly Mar 1960 - Dec 2020
BoP: Current Account: Receipts: Services (ZAR mn) 25,207.000 Dec 2020 quarterly Mar 1960 - Dec 2020
BoP: Current Account: Receipts: Income (ZAR mn) 29,059.000 Dec 2020 quarterly Mar 1960 - Dec 2020
BoP: Current Account: Less Imports: Merchandise (ZAR mn) 304,045.000 Dec 2020 quarterly Mar 1960 - Dec 2020
BoP: Current Account: Less Payments: Services (ZAR mn) 38,820.000 Dec 2020 quarterly Mar 1960 - Dec 2020
BoP: Current Account: Less Payments: Income (ZAR mn) 43,002.000 Dec 2020 quarterly Mar 1960 - Dec 2020
BoP: saar: Current Account (CA) (ZAR mn) 197,818.000 Dec 2020 quarterly Mar 1960 - Dec 2020
BoP: saar: CA: Exports: Merchandise (ZAR mn) 1,496,786.000 Dec 2020 quarterly Mar 1960 - Dec 2020
BoP: saar: CA: Exports: Net Gold (ZAR mn) 127,735.000 Dec 2020 quarterly Mar 1960 - Dec 2020
BoP: saar: CA: Receipts: Services (ZAR mn) 98,282.000 Dec 2020 quarterly Mar 1960 - Dec 2020
BoP: saar: CA: Receipts: Income (ZAR mn) 119,021.000 Dec 2020 quarterly Mar 1960 - Dec 2020
BoP: saar: CA: Less Imports: Merchandise (ZAR mn) 1,199,353.000 Dec 2020 quarterly Mar 1960 - Dec 2020
BoP: saar: CA: Less Payments: Services (ZAR mn) 151,447.000 Dec 2020 quarterly Mar 1960 - Dec 2020
BoP: saar: CA: Less Payments: Income (ZAR mn) 238,730.000 Dec 2020 quarterly Mar 1960 - Dec 2020
BoP: saar: CA: Current Transfers (ZAR mn) -54,476.000 Dec 2020 quarterly Mar 1960 - Dec 2020
Foreign Investment: Direct (ZAR mn) 1,925,533.000 2017 yearly 1956 - 2017
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.0 Nov 2020 monthly Jan 2008 - Nov 2020
Household Debt: % of GDP (%) 46.8 Sep 2020 quarterly Mar 1969 - Sep 2020
Non-Performing Loans (USD mn) 15,826.096 Jan 2021 monthly Jan 2008 - Jan 2021
Money Supply M1 (USD mn) 144,912.156 Feb 2021 monthly Mar 1965 - Feb 2021
Money Supply M2 (USD mn) 227,310.968 Feb 2021 monthly Mar 1965 - Feb 2021
M2 Growth (%) 13.1 Feb 2021 monthly Mar 1966 - Feb 2021
Reserve Requirement Ratio (%) 2.5 Jan 2021 monthly Feb 1994 - Jan 2021
Foreign Exchange Reserves (USD mn) 44,166.0 Jan 2021 monthly Jan 2001 - Jan 2021
Foreign Exchange Reserves: % of GDP (%) 14.532 Dec 2020 quarterly Mar 2001 - Dec 2020
Foreign Exchange Reserves: Months of Import (NA) 6.5 Feb 2021 monthly Oct 2004 - Feb 2021
Gold Reserves (USD mn) 7,516.000 Jan 2021 monthly Dec 1956 - Jan 2021
Total Deposits Growth (%) 10.5 Dec 2020 monthly Dec 1987 - Dec 2020
Total Deposits (USD mn) 316,844.846 Dec 2020 monthly Dec 1986 - Dec 2020
Domestic Credit (USD mn) 283,551.8 Feb 2021 monthly Mar 1965 - Feb 2021
Domestic Credit Growth (%) 3.3 Feb 2021 monthly Mar 1966 - Feb 2021
Debt Service Ratio: Private Non-Financial Sector (%) 8.600 Sep 2020 quarterly Mar 1999 - Sep 2020
Credit to Households (USD bn) 104.619 Sep 2020 quarterly Mar 2008 - Sep 2020
Credit to Private Non-Financial Sector (USD bn) 221.140 Sep 2020 quarterly Mar 1965 - Sep 2020
Household Debt (USD mn) 161,688.7 Dec 2020 quarterly Mar 1969 - Dec 2020
Total Loans (USD mn) 311,544.144 Dec 2020 monthly Jan 2008 - Dec 2020
Total Loans Growth (%) 5.26 Oct 2020 monthly Jan 2009 - Oct 2020
Private Debt: % of Nominal GDP (%) 80.11 Sep 2020 quarterly Mar 1965 - Sep 2020
Monetary Base (ZAR mn) 286,217.000 Feb 2021 monthly Mar 1965 - Feb 2021
Money Supply M3: sa (ZAR mn) 4,158,705.000 Feb 2021 monthly Mar 1965 - Feb 2021
Money Supply M3 (ZAR mn) 4,091,917.000 Feb 2021 monthly Mar 1965 - Feb 2021
Money Supply M3: M2 (ZAR mn) 3,445,466.000 Feb 2021 monthly Mar 1965 - Feb 2021
Money Supply M3: M2: M1 (ZAR mn) 2,196,506.000 Feb 2021 monthly Mar 1965 - Feb 2021
Official Reserve Assets (USD mn) 52,995.000 Mar 2021 monthly Jan 2001 - Mar 2021
Official Reserve Assets: Gold (USD mn) 5,335.000 Jan 2019 monthly Jan 2001 - Jan 2019
Gold & Other Foreign Reserves: Memorandum Items: Gross (USD mn) 50,582.00 Jun 2018 monthly Jan 1981 - Jun 2018
Domestic Credit (ZAR mn) 4,330,980.000 Sep 2020 monthly Mar 1965 - Sep 2020
Business and Economic Survey Last Frequency Range
Business Confidence: Net Balance (% Point) 14.8 Mar 2021 monthly Sep 1999 - Mar 2021
Business Confidence Growth (% Point) 31.3 Mar 2021 monthly Sep 2000 - Mar 2021
Business Confidence Index: Quarterly: Manufacturers (%) 25.000 Mar 2021 quarterly Mar 1975 - Mar 2021
Composite Leading Index: sa: 2015=100: Domestic (2015=100) 105.88 Apr 2018 monthly Jan 1960 - Apr 2018
Composite Coincident Index: sa: 2015=100: Domestic (2015=100) 102.50 Mar 2018 monthly Jan 1960 - Mar 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

Check out our pricing options.

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

View pricing options

CEIC Flex

from $39

Entry level access to the CEIC platform for individual users. Download limits apply. Payable monthly by credit card.

View this option

CEIC Unlimited

Request a Demo

Full and unlimited access to CEIC data for multiple users. Suitable for enterprise usage. Available via annual subscription to one or more of CEIC’s global and premium databases.

Request a demo
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data