Economic Outlook

Economic Prospects
Economic Outlook
Most recent forecasts
BMR consensus

Economic Outlook

Detailed bi-annual forecast report of the South African economy for the coming six years. The focus is on the expected medium-term business cycle, while also analysing structural changes and emerging trends in the economy. The report provides detailed point estimates of key economic indicators. This includes GDP growth, consumption spending and fixed investment, inflation, interest and exchange rates. The report is exclusive to BER Macro Service clients. For more information, contact us.

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Economic Outlook, November 2025

Date Uploaded: November 07 2025 13:45


We have upwardly revised our 2025 real GDP growth forecast relative to our July update. Our view on the medium-term growth trajectory, however, remains largely unchanged. Economic Outlook describes the narrative driving our medium-term forecast, as well as the risks and sources of uncertainty, and includes the full set of forecast data.