Producer Prices in South Africa increased to 115.10 points in February from 114.80 points in January of 2020. Producer Prices in South Africa averaged 73.42 points from 1970 until 2020, reaching an all time high of 219.40 points in August of 2011 and a record low of 4.10 points in February of 1970. In South Africa, the Producer Price Index measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides the latest reported value for - South Africa Producer Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

South Africa recorded a trade surplus of 24248.01 ZAR Million in March of 2020. Balance of Trade in South Africa averaged 179.80 ZAR Million from 1957 until 2020, reaching an all time high of 24248.01 ZAR Million in March of 2020 and a record low of -26852.95 ZAR Million in January of 2018. In 2017, South Africa recorded the biggest trade deficits with China, Saudi Arabia, Germany, Thailand, France, Nigeria, Italy and Brazil and the biggest trade surpluses with Botswana, Namibia, Zambia, Zimbabwe, Mozambique, Belgium and Netherlands. This page provides the latest reported value for - South Africa Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Social Security Rate For Companies in South Africa stands at 1 percent. Social Security Rate For Companies in South Africa averaged 1.75 percent from 2004 until 2019, reaching an all time high of 2 percent in 2005 and a record low of 1 percent in 2016. In South Africa, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of South Africa because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - South Africa Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in South Africa was estimated at 58.8 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, South Africa had a population of 17.5 million people. The population of South Africa represents 0.73 percent of the world´s total population which arguably means that one person in every 138 people on the planet is a resident of South Africa. This page provides - South Africa Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

South Africa is ranked 84 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of South Africa deteriorated to 84 in 2019 from 82 in 2018. Ease of Doing Business in South Africa averaged 56.83 from 2008 until 2019, reaching an all time high of 84 in 2019 and a record low of 32 in 2008. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operation stronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in South Africa.

Consumer Spending in South Africa increased to 1966371 ZAR Million in the fourth quarter of 2019 from 1961051 ZAR Million in the third quarter of 2019. Consumer Spending in South Africa averaged 955803.55 ZAR Million from 1960 until 2019, reaching an all time high of 1966371 ZAR Million in the fourth quarter of 2019 and a record low of 260612 ZAR Million in the first quarter of 1960. This page provides the latest reported value for - South Africa Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Government Spending in South Africa decreased to 653065 ZAR Million in the fourth quarter of 2019 from 653236 ZAR Million in the third quarter of 2019. Government Spending in South Africa averaged 324946.65 ZAR Million from 1960 until 2019, reaching an all time high of 653236 ZAR Million in the third quarter of 2019 and a record low of 65991 ZAR Million in the first quarter of 1960. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides the latest reported value for - South Africa Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Tourist Arrivals in South Africa decreased to 1218468 in February from 1595388 in January of 2020. Tourist Arrivals in South Africa averaged 557021.41 from 1979 until 2020, reaching an all time high of 1598893 in January of 2018 and a record low of 37430 in June of 1979. This page provides - South Africa Tourist Arrivals - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The South Africa FTSE/JSE Africa All Shares Index rose more than 1.9% on Friday, the third consecutive day of gains, buoyed by global risk appetite on the back of loosening restrictions and lockdowns in several countries and an easing in tensions between the US and China. . Historically, the South Africa Stock Market reached an all time high of 61776.68 in January of 2018. South Africa's FTSE/JSE Africa All Shares Index is a market capitalisation weighted index. Companies included in this index make up the top 99% of the market capitalisation of all listed companies on the Johannesburg Stock Exchange.

Living Wage Individual in South Africa increased to 6570 ZAR/Month in 2018 from 6140 ZAR/Month in 2017. Living Wage Individual in South Africa averaged 6252.50 ZAR/Month from 2015 until 2018, reaching an all time high of 6570 ZAR/Month in 2018 and a record low of 6140 ZAR/Month in 2017. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey.

Leading Economic Index South Africa increased 0.10 percent in February of 2020 over the same month in the previous year. Leading Economic Index in South Africa averaged 0.19 percent from 1960 until 2020, reaching an all time high of 4.60 percent in January of 1980 and a record low of -3.60 percent in November of 2008. In South Africa, the Composite Leading Business Cycle Indicator examines the direction in which real economic activity is moving, in real time. It is calculated on the basis of the following components: building plans approved, new passenger vehicles sold, commodity price index for main export commodities, index of prices of all classes of shares traded on the JSE, job advertisements, volume of orders in manufacturing, real M1, average hours worked per factory worker in manufacturing, interest rate spread, composite leading business cycle indicator of the major trading-partner countries, business confidence index, gross operating surplus as a percentage of GDP. The index has a base value of 100 as of 2010. This page provides the latest reported value for - South Africa Leading Economic Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Retirement Age Men in South Africa remained unchanged at 60 in 2020 from 60 in 2019. Retirement Age Men in South Africa averaged 60.38 from 2008 until 2020, reaching an all time high of 65 in 2008 and a record low of 60 in 2009. This page provides - South Africa Retirement Age Men - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labor Force Participation Rate in South Africa decreased to 59.80 percent in the fourth quarter of 2019 from 59.90 percent in the third quarter of 2019. Labor Force Participation Rate in South Africa averaged 57.33 percent from 2001 until 2019, reaching an all time high of 60.80 percent in the first quarter of 2001 and a record low of 53.60 percent in the fourth quarter of 2010. The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population. This page provides - South Africa Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Agriculture in South Africa decreased to 67423.54 ZAR Million in the fourth quarter of 2019 from 69058.48 ZAR Million in the third quarter of 2019. GDP From Agriculture in South Africa averaged 59936.11 ZAR Million from 1993 until 2019, reaching an all time high of 89120.92 ZAR Million in the fourth quarter of 2017 and a record low of 33530.55 ZAR Million in the first quarter of 1993. This page provides the latest reported value for - South Africa Gdp From Agriculture - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Foreign Exchange Reserves in South Africa decreased to 50000 USD Million in April from 52460 USD Million in March of 2020. Foreign Exchange Reserves in South Africa averaged 31223.70 USD Million from 1998 until 2020, reaching an all time high of 55058 USD Million in December of 2019 and a record low of 5316 USD Million in September of 1998. In South Africa, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides the latest reported value for - South Africa Foreign Exchange Reserves - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Retirement Age Women in South Africa remained unchanged at 60 in 2020 from 60 in 2019. This page provides - South Africa Retirement Age Women - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Composite Pmi in South Africa decreased to 35.10 points in April from 44.50 points in March of 2020. Composite Pmi in South Africa averaged 49.37 points from 2013 until 2020, reaching an all time high of 52.70 points in October of 2014 and a record low of 35.10 points in April of 2020. In South Africa, the Standard Bank South Africa Purchasing Managers Index tracks business trends across private sector activity, including mining, manufacturing, services, construction and retail based on data collected from a representative panel of around 400 companies. The index tracks variables such as new orders, output, employment, supplier delivery times, inventories and prices. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining. This page provides - South Africa Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in South Africa decreased to 6.72 percent in February from 6.80 percent in January of 2020. Deposit Interest Rate in South Africa averaged 10.39 percent from 1977 until 2020, reaching an all time high of 21.60 percent in August of 1998 and a record low of 5.08 percent in November of 2012. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in South Africa.

The Sales Tax Rate in South Africa stands at 15 percent. Sales Tax Rate in South Africa averaged 14.14 percent from 2006 until 2019, reaching an all time high of 15 percent in 2018 and a record low of 14 percent in 2007. In South Africa, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of South Africa. This page provides - South Africa Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in South Africa stands at 2 percent. Social Security Rate in South Africa averaged 2.75 percent from 2004 until 2019, reaching an all time high of 3 percent in 2005 and a record low of 2 percent in 2016. In South Africa, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of South Africa because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - South Africa Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Steel Production in South Africa decreased to 300 Thousand Tonnes in March from 370 Thousand Tonnes in February of 2020. Steel Production in South Africa averaged 674.69 Thousand Tonnes from 1980 until 2020, reaching an all time high of 885 Thousand Tonnes in August of 2008 and a record low of 182 Thousand Tonnes in December of 2008. This page has Steel Production values for South Africa.

South Africa recorded a Current Account deficit of 68069 ZAR Million in the fourth quarter of 2019. Current Account in South Africa averaged -31954.47 ZAR Million from 1960 until 2019, reaching an all time high of 15627 ZAR Million in the fourth quarter of 2002 and a record low of -246452 ZAR Million in the third quarter of 2013. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - South Africa Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Coincident Index in South Africa decreased to 77.80 points in April from 89.90 points in March of 2020. Coincident Index in South Africa averaged 108.31 points from 1985 until 2020, reaching an all time high of 141.17 points in December of 2006 and a record low of 77.80 points in April of 2020. In South Africa, the SACCI Business Confidence Index reflects the neutral sentiment in the market place, as it captures the prevailing business climate and what businesses are experiencing. The index is composed by thirteen sub-indices, including energy supply, manufacturing, exports, imports, vehicle and retail sales, construction, inflation, share prices, private sector borrowing, financing cost, precious metal prices and exchange rate. This page provides - South Africa SACCI Business Confidence Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labour Costs in South Africa decreased to 160.50 points in the third quarter of 2019 from 161.10 points in the second quarter of 2019. Labour Costs in South Africa averaged 47.35 points from 1970 until 2019, reaching an all time high of 161.10 points in the second quarter of 2019 and a record low of 1 points in the first quarter of 1970. This page provides the latest reported value for - South Africa Labour Costs - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Government Revenues in South Africa decreased to 139465 ZAR Million in March from 144778 ZAR Million in February of 2020. Government Revenues in South Africa averaged 21793.93 ZAR Million from 1960 until 2020, reaching an all time high of 160730 ZAR Million in December of 2019 and a record low of 36 ZAR Million in June of 1961. Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - South Africa Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross Fixed Capital Formation in South Africa decreased to 597190 ZAR Million in the fourth quarter of 2019 from 613639.90 ZAR Million in the third quarter of 2019. Gross Fixed Capital Formation in South Africa averaged 304449.03 ZAR Million from 1960 until 2019, reaching an all time high of 644549 ZAR Million in the third quarter of 2015 and a record low of 73065 ZAR Million in the second quarter of 1962. This page provides - South Africa Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Direct Investment in South Africa increased by 10528 ZAR Billion in the fourth quarter of 2019. Foreign Direct Investment in South Africa averaged 5844.59 ZAR Billion from 1985 until 2019, reaching an all time high of 52712 ZAR Billion in the second quarter of 2001 and a record low of -13910 ZAR Billion in the first quarter of 2015. This page provides - South Africa Foreign Direct Investment- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gasoline Prices in South Africa decreased to 0.74 USD/Liter in April from 0.90 USD/Liter in March of 2020. Gasoline Prices in South Africa averaged 1.06 USD/Liter from 1992 until 2020, reaching an all time high of 1.44 USD/Liter in March of 2013 and a record low of 0.43 USD/Liter in December of 1998. This page provides the latest reported value for - South Africa Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

South Africa recorded a Current Account deficit of 3 percent of the country's Gross Domestic Product in 2019. Current Account to GDP in South Africa averaged -1.64 percent from 1963 until 2019, reaching an all time high of 6 percent in 1987 and a record low of -7.50 percent in 1971. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - South Africa Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Disposable Personal Income in South Africa increased to 3110292 ZAR Million in the fourth quarter of 2019 from 3068290 ZAR Million in the third quarter of 2019. Disposable Personal Income in South Africa averaged 633516.18 ZAR Million from 1960 until 2019, reaching an all time high of 3110292 ZAR Million in the fourth quarter of 2019 and a record low of 3520 ZAR Million in the second quarter of 1960. This page provides - South Africa Disposable Personal Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales in South Africa increased 1.20 percent in January of 2020 over the same month in the previous year. Retail Sales YoY in South Africa averaged 4.30 percent from 2003 until 2020, reaching an all time high of 15.50 percent in September of 2006 and a record low of -6.30 percent in April of 2009. In South Africa, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides - South Africa Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Fiscal Expenditure in South Africa decreased to 142046 ZAR Million in March from 148411 ZAR Million in February of 2020. Fiscal Expenditure in South Africa averaged 24883.83 ZAR Million from 1960 until 2020, reaching an all time high of 182477 ZAR Million in July of 2019 and a record low of 46 ZAR Million in February of 1960. Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation. This page provides - South Africa Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports from South Africa in Australia increased to 84547.10 AUD THO in March from 62067.12 AUD THO in February of 2020. Imports from South Africa in Australia averaged 67336.57 AUD THO from 1988 until 2020, reaching an all time high of 170053.52 AUD THO in September of 2015 and a record low of 4000 AUD THO in February of 1988. This page includes a chart with historical data for Australia Imports from South Africa.

Retail Sales in South Africa increased 0.90 percent in January of 2020 over the previous month. Retail Sales MoM in South Africa averaged 0.33 percent from 2002 until 2020, reaching an all time high of 3.90 percent in April of 2011 and a record low of -4.80 percent in December of 2018. In South Africa, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In South Africa, Retail sales are seasonal, volatile and relatively important to the overall economy. This page provides - South Africa Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports from South Africa in China decreased to 1363100 USD THO in April from 1783900 USD THO in March of 2020. Imports from South Africa in China averaged 2370176.78 USD THO from 2014 until 2020, reaching an all time high of 5554385 USD THO in November of 2014 and a record low of 988132 USD THO in February of 2016. This page includes a chart with historical data for China Imports - South Africa.

Exports to South Africa in China increased to 1095400 USD THO in April from 1052700 USD THO in March of 2020. Exports to South Africa in China averaged 1283151.76 USD THO from 2014 until 2020, reaching an all time high of 1880500 USD THO in February of 2020 and a record low of 599790 USD THO in February of 2014. This page includes a chart with historical data for China Exports - South Africa.

Central Bank Balance Sheet in South Africa increased to 1066023 ZAR Million in April from 1061216 ZAR Million in March of 2020. Central Bank Balance Sheet in South Africa averaged 152362.67 ZAR Million from 1964 until 2020, reaching an all time high of 1066023 ZAR Million in April of 2020 and a record low of 543 ZAR Million in October of 1965. This page provides - South Africa Central Bank Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in South Africa decreased by 40330 ZAR Million in the fourth quarter of 2019. Changes in Inventories in South Africa averaged 6936.62 ZAR Million from 1960 until 2019, reaching an all time high of 66699 ZAR Million in the first quarter of 2015 and a record low of -59774 ZAR Million in the third quarter of 1979. In South Africa, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - South Africa Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

South Africa Three Month Interbank Rate was at 4.54 percent on Friday May 8. Interbank Rate in South Africa averaged 8.15 percent from 1999 until 2020, reaching an all time high of 16.96 percent in February of 1999 and a record low of 4.54 percent in May of 2020. In South Africa, the interbank rate is the rate of interest charged on short-term loans made between banks. This page provides - South Africa Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in South Africa increased 4.40 percent in March of 2020 over the same month in the previous year. Food Inflation in South Africa averaged 6.17 percent from 2009 until 2020, reaching an all time high of 15.60 percent in February of 2009 and a record low of 0.60 percent in June of 2010. This page provides the latest reported value for - South Africa Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in South Africa was last recorded at 4.25 percent. Interest Rate in South Africa averaged 12.38 percent from 1998 until 2020, reaching an all time high of 23.99 percent in June of 1998 and a record low of 4.25 percent in April of 2020. In South Africa, the interest rates decisions are taken by the South African Reserve Bank’s Monetary Policy Committee (MPC). The official interest rate is the repo rate. This is the rate at which central banks lend or discount eligible paper for deposit money banks, typically shown on an end-of-period basis. This page provides - South Africa Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The judicial inquiry into alleged graft under the presidency of Jacob Zuma is laying bare the divisions of the ruling ANC. Gideon Rachman discusses Mr Zuma's testimony with Joseph Cotterill in Johannesburg and David Pilling, Africa editor.

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Reduction is second in under a month as country braces for an extended coronavirus lockdown

Century-old agriculture lender is latest state group in need of government support

Coronavirus package aims to protect economy and fend off looming hunger crisis

Ramaphosa administration wants phased reopening to limit damage to struggling economy

Five-week shutdown to be eased stage by stage according to a series of rolling levels  

Use of community health workers to identify cases draws heavily on experience battling tuberculosis and HIV

Cyril Ramaphosa will be loath to take on the people who helped him to the ANC presidency

State-owned flag carrier struggling to pay salaries and secure funds to stay aloft