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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Outlook, May 2023

Date Uploaded: May 08 2023 14:00


We continue to peg medium-term (2025-28) SA real GDP growth at around 2% on average. Crucially, this view relies on the realisation of a green-energy fixed investment boom and, over time, the associated easing of the debilitating power constraint.