South Africa: Unemployment rate forecast

* indicates monthly or quarterly data series
 South Africa

Unemployment rate forecast

 Latest value 31.41
 Year 2030
 Measure percent
 Data availability 1980 - 2030
 Average 23.83
 Min - Max 9.24 - 34.30
 Source International Monetary Fund
The latest value from 2030 is 31.41 percent, a decline from 31.81 percent in 2029. In comparison, the world average is 6.28 percent, based on data from 100 countries. Historically, the average for South Africa from 1980 to 2030 is 23.83 percent. The minimum value, 9.24 percent, was reached in 1980 while the maximum of 34.3 percent was recorded in 2021. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
South Africa - Unemployment rate forecast - Recent values chart

Historical series
South Africa - Unemployment rate forecast - historical chart - 1980-2030




Definition: The unemployment rate is the number of unemployed persons as a percentage of the labor force (the total number of people employed plus unemployed). The series includes actual historical values for past years and forecast values for the current and the next few years.

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 Related indicators Latest Reference Measure
 Economic growth forecast 1.81 2030 percent
 Investment forecast 14.17 2030 percent
 Inflation forecast 4.50 2030 percent
 Unemployment rate forecast 31.41 2030 percent
 Budget balance forecast -5.64 2030 percent
 Current account forecast -2.19 2030 percent
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