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Analysis by Region - Emerging Markets - South Africa

Publisher Oxford Economics
Published Apr 10, 2025
Length 8 Pages
SKU # OFE20029169

Description

Considering South Africa's uncertain political environment combined with the backdrop of building global headwinds, our outlook for the South African economy has deteriorated. We have consequently made several changes to our baseline forecast to reflect increased stagflation risks. Real GDP growth for 2025 is revised down to 1.0% from 1.5% previously due to expectations of reduced merchandise trade and lower private sector investment in the near term.

Table of Contents

8 Pages
Egypt: Trade war and geopolitical tensions weigh on economy
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics

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