Analysis by Region - Emerging Markets - South Africa

Analysis by Region - Emerging Markets - South Africa

South Africa's economy contracted by 0.1% q/q at the start of 2024. Softer industry and construction activity contributed to the downward momentum on the supply side of the economy, while the demand side experienced a decline across all components.

South Africa: Domestic demand appears to be non-existent
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Economic development
Structure of the economy
Balance of payments
Policy and Politics

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