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), 2025Q4

Date Uploaded: October 29 2025 16:00


The near-term outlook for SA has improved modestly. Nonetheless, persistent structural constraints and slow reform progress, fiscal vulnerabilities, and uncertainty around global trade policy continue to limit the upside to medium-term growth.