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

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Includes Forecast: Unemployment Rate on 192 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 (%) 5.091 2026 yearly 1991 - 2026
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 (%) 9.000 2026 yearly 1980 - 2026
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

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South Africa Key Series

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Includes 287 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 Dec 2020 quarterly Dec 1990 - Dec 2020
Consolidated Fiscal Balance (USD mn) -1,991.220 Mar 2021 monthly Jan 1990 - Mar 2021
Tax Revenue (USD mn) 8,215.386 Aug 2021 monthly Jan 1990 - Aug 2021
Tax Revenue: % of GDP (%) 25.2 Dec 2020 quarterly Mar 1990 - Dec 2020
National Government Debt (USD mn) 280,445.5 Jul 2021 monthly Jan 1960 - Jul 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 Expenditure (ZAR mn) 162,395.000 Aug 2021 monthly Jan 1990 - Aug 2021
National Govt Balance (ZAR mn) -39,272.000 Aug 2021 monthly Jan 1990 - Aug 2021
National Govt Revenue (ZAR mn) 123,123.000 Aug 2021 monthly Jan 1990 - Aug 2021
National Govt Debt: Gross: Domestic (ZAR mn) 3,715,429.000 Aug 2021 monthly Jan 1960 - Aug 2021
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.900 2026 yearly 1980 - 2026
Trade Balance (USD mn) 2,872.1 Aug 2021 monthly Oct 2004 - Aug 2021
Total Exports (USD mn) 10,765.5 Aug 2021 monthly Oct 2004 - Aug 2021
Total Exports Growth (%) 22.3 Aug 2021 monthly Oct 2005 - Aug 2021
Aluminum: Exports (USD th) 1,433,116.818 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 312,384.960 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 111,087.670 2020 yearly 1995 - 2020
Total Imports (USD mn) 7,893.5 Aug 2021 monthly Oct 2004 - Aug 2021
Total Imports Growth (%) 27.7 Aug 2021 monthly Oct 2005 - Aug 2021
Imports: Medicament (USD th) 1,892,656.542 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 637,748.835 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 755.859 Nov 2020 monthly Jan 1998 - Nov 2020
Total Imports from USA (USD mn) 360.447 Feb 2021 monthly Jan 1998 - Feb 2021
Total Exports to China (USD mn) 1,249.162 Apr 2021 monthly Jan 1998 - Apr 2021
Total Imports from China (USD mn) 1,352.681 Apr 2021 monthly Sep 1999 - Apr 2021
Exports (ZAR mn) 158,924.100 Aug 2021 monthly Jan 2010 - Aug 2021
Exports: Germany (ZAR) 11,163,338,595.000 Jul 2021 monthly Jan 2009 - Jul 2021
Exports: United Kingdom (ZAR) 9,749,172,711.000 Jul 2021 monthly Jan 2009 - Jul 2021
Exports: Japan (ZAR) 11,614,607,272.000 Jul 2021 monthly Jan 2009 - Jul 2021
Exports: United States (ZAR) 14,845,352,029.000 Jul 2021 monthly Jan 2009 - Jul 2021
Exports: China (ZAR) 18,251,228,551.000 Jul 2021 monthly Jan 2009 - Jul 2021
Exports: Chemical Products (ZAR mn) 9,807.800 Aug 2021 monthly Jan 2010 - Aug 2021
Exports: Natural Pearls and Precious Metal (ZAR mn) 46,084.800 Aug 2021 monthly Jan 2010 - Aug 2021
Exports: Machinery and Mechanical Appliances (ZAR mn) 11,450.500 Aug 2021 monthly Jan 2010 - Aug 2021
Exports: Mineral Products (ZAR mn) 36,607.900 Aug 2021 monthly Jan 2010 - Aug 2021
Exports: Base Metals (ZAR mn) 15,317.900 Aug 2021 monthly Jan 2010 - Aug 2021
Imports (ZAR mn) 116,526.000 Aug 2021 monthly Jan 2010 - Aug 2021
Imports: Germany (ZAR) 9,790,576,968.000 Jul 2021 monthly Jan 2009 - Jul 2021
Imports: United Kingdom (ZAR) 2,266,988,074.000 Jul 2021 monthly Jan 2009 - Jul 2021
Imports: China (ZAR) 20,965,729,668.000 Jul 2021 monthly Jan 2009 - Jul 2021
Imports: United States (ZAR) 7,947,501,306.000 Jul 2021 monthly Jan 2009 - Jul 2021
Imports: Japan (ZAR) 2,821,010,427.000 Jul 2021 monthly Jan 2009 - Jul 2021
Imports: Mineral Products (ZAR mn) 17,616.400 Aug 2021 monthly Jan 2010 - Aug 2021
Imports: Machinery and Mechanical Appliances (ZAR mn) 24,410.300 Aug 2021 monthly Jan 2010 - Aug 2021
Imports: Chemical Products (ZAR mn) 16,890.700 Aug 2021 monthly Jan 2010 - Aug 2021
Imports: Vehicles (ZAR mn) 9,314.400 Aug 2021 monthly Jan 2010 - Aug 2021
Imports: Textiles (ZAR mn) 4,203.500 Aug 2021 monthly Jan 2010 - Aug 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -211.7 Jun 2021 quarterly Mar 1985 - Jun 2021
Current Account Balance (USD mn) 6,068.7 Jun 2021 quarterly Mar 1960 - Jun 2021
Current Account Balance: % of GDP (%) 5.6 Jun 2021 quarterly Mar 1960 - Jun 2021
Foreign Direct Investment (USD mn) 1,233.8 Jun 2021 quarterly Mar 1985 - Jun 2021
Foreign Direct Investment: % of GDP (%) 1.1 Jun 2021 quarterly Mar 1985 - Jun 2021
Foreign Portfolio Investment (USD mn) 346.650 Jun 2021 quarterly Mar 1985 - Jun 2021
Foreign Portfolio Investment: % of GDP (%) 1.8 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: Debt Securities (USD mn) 2,286.573 Dec 2020 quarterly Mar 1997 - Dec 2020
External Debt (USD mn) 170,836.0 Dec 2020 quarterly Dec 1985 - Dec 2020
External Debt: % of GDP (%) 50.8 2020 yearly 1985 - 2020
External Debt: Short Term (USD mn) 27,728.0 Jun 2021 quarterly Dec 2002 - Jun 2021
External Debt: Short Term: % of GDP (%) 8.3 2020 yearly 1994 - 2020
Forecast: Current Account Balance (USD bn) -11.558 2026 yearly 1980 - 2026
Net International Investment Position (USD mn) 109,692.833 Dec 2020 quarterly Dec 2012 - Dec 2020
BoP: Current Account: Exports: Merchandise (ZAR mn) 456,494.000 Jun 2021 quarterly Mar 1960 - Jun 2021
BoP: Current Account: Less Payments: Services (ZAR mn) 47,948.000 Jun 2021 quarterly Mar 1960 - Jun 2021
BoP: Financial Account: Direct Investment: Net (ZAR mn) 20,411.000 Jun 2021 quarterly Mar 1985 - Jun 2021
BoP: Current Account: Receipts: Services (ZAR mn) 30,757.000 Jun 2021 quarterly Mar 1960 - Jun 2021
BoP: Current Account: Current Transfers (ZAR mn) -8,942.000 Jun 2021 quarterly Mar 1960 - Jun 2021
BoP: Financial Account: Portfolio Investment (PI): Net (ZAR mn) -66,079.000 Jun 2021 quarterly Mar 1985 - Jun 2021
BoP: Financial Account: Other Investment: Net: Financial Assets (ZAR mn) -4,698.000 Jun 2021 quarterly Mar 1985 - Jun 2021
BoP: Financial Account: Financial Derivatives: Net: Liabilities (ZAR mn) -55,970.000 Jun 2021 quarterly Mar 1985 - Jun 2021
BoP: Current Account: Receipts: Income (ZAR mn) 24,545.000 Jun 2021 quarterly Mar 1960 - Jun 2021
BoP: Capital Transfers Account (ZAR mn) 53.000 Jun 2021 quarterly Mar 1960 - Jun 2021
BoP: Current Account: Exports: Net Gold (ZAR mn) 25,058.000 Jun 2021 quarterly Mar 1960 - Jun 2021
BoP: Current Account: Less Payments: Income (ZAR mn) 52,101.000 Jun 2021 quarterly Mar 1960 - Jun 2021
BoP: Financial Account: Direct Investment: Net: Financial Assets (ZAR mn) 2,989.000 Jun 2021 quarterly Mar 1985 - Jun 2021
BoP: Financial Account: Other Investment: Net: Liabilities (ZAR mn) -34,214.000 Jun 2021 quarterly Mar 1985 - Jun 2021
BoP: Current Account: Less Imports: Merchandise (ZAR mn) 320,554.000 Jun 2021 quarterly Mar 1960 - Jun 2021
BoP: Financial Account (ZAR mn) -109,557.000 Jun 2021 quarterly Mar 1985 - Jun 2021
BoP: Financial Account: PI: Net: Assets (ZAR mn) -70,974.000 Jun 2021 quarterly Mar 1985 - Jun 2021
BoP: Financial Account: Other Investment: Net (ZAR mn) -38,912.000 Jun 2021 quarterly Mar 1985 - Jun 2021
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) 4,895.000 Jun 2021 quarterly Mar 1985 - Jun 2021
BoP: Financial Account: Financial Derivatives: Net: Financial Assets (ZAR mn) 54,904.000 Jun 2021 quarterly Mar 1985 - Jun 2021
BoP: Financial Account: Financial Derivatives: Net (ZAR mn) -1,066.000 Jun 2021 quarterly Mar 1985 - Jun 2021
BoP: Financial Account: Net Direct Investment: Liabilities (ZAR mn) -8,219.000 Dec 2018 quarterly Mar 1985 - Dec 2018
BoP: Financial Account: Reserve Assets (ZAR mn) -23,911.000 Jun 2021 quarterly Mar 1985 - Jun 2021
BoP: saar: CA: Exports: Net Gold (ZAR mn) 100,232.000 Jun 2021 quarterly Mar 1960 - Jun 2021
BoP: saar: CA: Less Payments: Income (ZAR mn) 279,932.000 Jun 2021 quarterly Mar 1960 - Jun 2021
BoP: saar: Current Account (CA) (ZAR mn) 342,780.000 Jun 2021 quarterly Mar 1960 - Jun 2021
BoP: saar: CA: Less Imports: Merchandise (ZAR mn) 1,313,268.000 Jun 2021 quarterly Mar 1960 - Jun 2021
BoP: saar: CA: Receipts: Services (ZAR mn) 126,685.000 Jun 2021 quarterly Mar 1960 - Jun 2021
BoP: saar: CA: Current Transfers (ZAR mn) -35,681.000 Jun 2021 quarterly Mar 1960 - Jun 2021
BoP: saar: CA: Exports: Merchandise (ZAR mn) 1,826,691.000 Jun 2021 quarterly Mar 1960 - Jun 2021
BoP: saar: CA: Less Payments: Services (ZAR mn) 193,021.000 Jun 2021 quarterly Mar 1960 - Jun 2021
BoP: saar: CA: Receipts: Income (ZAR mn) 111,074.000 Jun 2021 quarterly Mar 1960 - Jun 2021
Foreign Investment: Direct (ZAR mn) 1,925,533.000 2017 yearly 1956 - 2017
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.2 Feb 2021 monthly Jan 2008 - Feb 2021
Household Debt: % of GDP (%) 47.6 Dec 2020 quarterly Mar 1969 - Dec 2020
Non-Performing Loans (USD mn) 16,354.786 Jun 2021 monthly Jan 2008 - Jun 2021
Money Supply M1 (USD mn) 157,012.166 Aug 2021 monthly Mar 1965 - Aug 2021
Money Supply M2 (USD mn) 244,024.677 Aug 2021 monthly Mar 1965 - Aug 2021
M2 Growth (%) 2.6 Aug 2021 monthly Mar 1966 - Aug 2021
Reserve Requirement Ratio (%) 2.5 Apr 2021 monthly Feb 1994 - Apr 2021
Foreign Exchange Reserves (USD mn) 43,143.0 Mar 2021 monthly Jan 2001 - Mar 2021
Foreign Exchange Reserves: % of GDP (%) 11.518 Jun 2021 quarterly Mar 2001 - Jun 2021
Foreign Exchange Reserves: Months of Import (NA) 5.6 Aug 2021 monthly Oct 2004 - Aug 2021
Gold Reserves (USD mn) 7,303.000 Aug 2021 monthly Dec 1956 - Aug 2021
Total Deposits (USD mn) 328,583.065 Jun 2021 monthly Dec 1986 - Jun 2021
Total Deposits Growth (%) 10.5 Dec 2020 monthly Dec 1987 - Dec 2020
Domestic Credit (USD mn) 305,067.4 Aug 2021 monthly Mar 1965 - Aug 2021
Domestic Credit Growth (%) 1.3 Aug 2021 monthly Mar 1966 - Aug 2021
Debt Service Ratio: Private Non-Financial Sector (%) 8.400 Mar 2021 quarterly Mar 1999 - Mar 2021
Credit to Households (USD bn) 139.749 Mar 2021 quarterly Mar 2008 - Mar 2021
Credit to Private Non-Financial Sector (USD bn) 284.686 Mar 2021 quarterly Mar 1965 - Mar 2021
Household Debt (USD mn) 175,649.0 Jun 2021 quarterly Mar 1969 - Jun 2021
Total Loans (USD mn) 302,751.485 Feb 2021 monthly Jan 2008 - Feb 2021
Total Loans Growth (%) -0.13 Mar 2021 monthly Jan 2009 - Mar 2021
Private Debt: % of Nominal GDP (%) 80.57 Dec 2020 quarterly Mar 1965 - Dec 2020
Money Supply M3: M2 (ZAR mn) 3,540,188.000 Aug 2021 monthly Mar 1965 - Aug 2021
Monetary Base (ZAR mn) 298,889.000 Aug 2021 monthly Mar 1965 - Aug 2021
Money Supply M3 (ZAR mn) 4,283,957.000 Aug 2021 monthly Mar 1965 - Aug 2021
Money Supply M3: M2: M1 (ZAR mn) 2,277,854.000 Aug 2021 monthly Mar 1965 - Aug 2021
Money Supply M3: sa (ZAR mn) 4,232,759.000 Aug 2021 monthly Mar 1965 - Aug 2021
Official Reserve Assets: Gold (USD mn) 5,335.000 Jan 2019 monthly Jan 2001 - Jan 2019
Official Reserve Assets (USD mn) 58,408.000 Aug 2021 monthly Jan 2001 - Aug 2021
Gold & Other Foreign Reserves: Memorandum Items: Gross (USD mn) 50,582.00 Jun 2018 monthly Jan 1981 - Jun 2018
Domestic Deposits (ZAR mn) 3,976,105.000 Jun 2021 monthly Mar 1965 - Jun 2021
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 4.3 Aug 2021 monthly Sep 2000 - Aug 2021
Purchasing Managers' Index (NA) 56.200 Aug 2021 monthly Sep 1999 - Aug 2021
Business Confidence Index: Quarterly: Manufacturers (%) 41.000 Sep 2021 quarterly Mar 1975 - Sep 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

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