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 2024

Date Uploaded: May 06 2024 10:45


We have downwardly revised our medium-term GDP growth outlook has also been revised lower, with growth expected to average just below 2% from 2026-2029. The reason for the downward revision to GDP growth is generally our expectation of lower domestic demand relative to our earlier forecast.