Economic Prospects

Economic Prospects
Economic Outlook
Most recent forecasts
BMR consensus

Economic Prospects

Detailed quarterly forecast report of the South African economy for the next two years. The focus is on current economic trends, both domestically and globally, as well as forecasts of the most important macroeconomic variables, including inflation, interest and exchange rates, GDP growth and household consumption.

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Economic Prospects, 2025Q2

Date Uploaded: April 22 2025 12:28


The South African economy underperformed in 2024, with economic growth slowing relative to the load-shedding-ridden year of 2023. While prospects for 2025 were significantly more upbeat, the outlook has deteriorated. We have made a downward revision to our GDP growth forecast.