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 (executive summary), 2025Q1

Date Uploaded: January 28 2025 07:30


We have made slight downward revisions to our 2024 and 2025 real GDP growth forecasts. Although the consumer had a strong end to 2024 and should still do better this year relative to last year, private investment continues to disappoint. Structural reform progress has been too slow to ignite faster growth.