South Africa: Unemployment rate forecast

The latest value from 2030 is 31.99 percent, a decline from 32.07 percent in 2029. In comparison, the world average is 6.32 percent, based on data from 101 countries. Historically, the average for South Africa from 1980 to 2030 is 23.82 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 for that indicator or use the country comparator to compare trends over time.

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.