In 2024, Zambia had the highest estimated inflation (Consumer Price Index) recorded in Southern Africa, at 15 percent. Lesotho and Zimbabwe followed with 6.4 and six percent, respectively.

Le taux d'inflation en Afrique du Sud est resté inchangé à 2,80 pour cent en mai. Cette dataset fournit - Taux d'inflation en Afrique du Sud - valeurs réelles, données historiques, prévisions, graphique, statistiques, calendrier économique et actualités.

South Africa’s inflation has been quite stable for the past years, levelling off between 3.2 and 6.9 percent, and is in fact expected to stabilize at around 4.5 percent in the future. South Africa is a mixed economy, generating most of its GDP through the services sector, especially tourism. However, the country struggles with unemployment and poverty.

Inflation who?

The inflation rate of a country is an important key factor to determine the country’s economic strength. It is calculated using the price increase of a defined product basket, containing goods and services on which the average consumer spends money throughout the year. They include, for example, expenses for groceries, clothes, rent, utilities, but also recreational activities, and raw materials (e.g. gas, oil), as well as federal fees and taxes. Some of these goods are more volatile than others – food prices, for example, are considered less reliable. The European Central Bank aims to keep inflation at around two percent in the long run.

What happened in 2016?

In 2016, South Africa’s inflation rate peaked at over 6.3 percent, and gross domestic product, and thus economic growth , took a hit, a sure indicator that something was affecting the country’s economic scaffolding: Low growth due to weak demand and an uncertain political future caused a crisis; then-President Jacob Zuma’s alleged mismanagement and unstable reign steeped in controversy and criminal charges even caused the economy’s outlook to be downgraded by ratings agencies. Zuma was relieved of his office in 2018 – ever since, inflation, GDP, and economic growth seem to have stabilized.

Inflation Expectations in South Africa decreased to 4.30 percent in the second quarter of 2025 from 4.60 percent in the first quarter of 2025. This dataset provides - South Africa Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in South Africa increased 4.80 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - South Africa Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Core consumer prices in South Africa increased 3 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - South Africa Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

ZA: Core Inflation Index data was reported at 1.586 Index, 2015 in 2026. This records an increase from the previous number of 1.518 Index, 2015 for 2025. ZA: Core Inflation Index data is updated yearly, averaging 0.949 Index, 2015 from Dec 2002 (Median) to 2026, with 25 observations. The data reached an all-time high of 1.586 Index, 2015 in 2026 and a record low of 0.577 Index, 2015 in 2002. ZA: Core Inflation Index data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Africa – Table ZA.OECD.EO: Consumer and Wholesale Price Index: Forecast: Non OECD Member: Annual. PCORE - Core inflation indexOECD group, all items non-food non-energy. See exceptions at the country serie metadataIndex, national reference year

Inflation, GDP deflator (annual %) in South Africa was reported at 3.8433 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Africa - Inflation, GDP deflator (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The Consumer Price Index in South Africa increased 0.20 percent in May of 2025 over the previous month. This dataset provides - South Africa Inflation Rate Mom - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation, GDP deflator: linked series (annual %) in South Africa was reported at 4.8043 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Africa - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Graph and download economic data for Real GDP Per Capita for South Africa (ZAFNGDPRPCPCPPPT) from 2000 to 2026 about South Africa, REO, per capita, real, GDP, and rate.

Inflation, consumer prices (annual %) in South Africa was reported at 4.3612 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Africa - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The Gross Domestic Product (GDP) in South Africa expanded 0.10 percent in the first quarter of 2025 over the previous quarter. This dataset provides - South Africa GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in South Africa decreased to 100.10 points in May of 2025 from 100.30 points in April of 2025. This dataset provides - South Africa Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Namibia decreased by about one percentage point from 4.29 percent in 2018 to 3.72 percent in 2019. It is projected to remain around 4.5 percent through 2030, significantly lower than the 2002 peak of 12.72 percent. Namibia’s historical context Prior to 1990, Namibia was under apartheid South Africa control, and before World War I, the country was a German colony and even suffered a genocide. Given this turbulent oppression, it is expected that social and economic residual ramifications would follow. Namibia’s inflation rate went through a volatile period during the 1990’s and early 2000’s where it reached around twelve percent several times. Over the past decade, Namibia’s inflation rate has largely declined. Namibia’s successful growth Similarly, Namibia’s gross domestic product (GDP) remained under five billion U.S. dollars through the 1990’s. Since then, the country’s GDP has grown to about 14 billion U.S. dollars as of 2019 and will continue to grow through the upcoming years. Namibia’s increasing economic success is in part linked to developing its services industry. Today, the services sector is responsible for employing about 60 percent of the country’s working population. A well-developed services industry is usually a sign of a similarly well-developed economy. The services sector includes the growing tourist industry with an expanding focus on ecotourism, centered around the country’s endangered wildlife.

Consumer Price Index CPI in South Africa increased to 102.10 points in May from 101.90 points in April of 2025. This dataset provides the latest reported value for - South Africa Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Unemployment Rate in South Africa increased to 32.90 percent in the first quarter of 2025 from 31.90 percent in the fourth quarter of 2024. This dataset provides - South Africa Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

CPI Housing Utilities in South Africa increased to 100.70 points in May from 100.60 points in April of 2025. This dataset provides - South Africa Cpi Housing & Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Producer Prices in South Africa decreased to 102.40 points in May from 102.70 points in April of 2025. This dataset provides the latest reported value for - South Africa Producer Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product per capita in South Africa was last recorded at 5708.96 US dollars in 2024. The GDP per Capita in South Africa is equivalent to 45 percent of the world's average. This dataset provides the latest reported value for - South Africa GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.