South Africa

Inflation in South Africa

Inflation in South Africa: 14.2% a year in 1980 and 3.2% a year in 2025, by IMF estimates.

Latest, 2025
3.2% a year
Since 1980
−11 percentage points
Rank, 2025
79 of 179
counting from the highest
Projected, 2031
3% a year
IMF projection (World Economic Outlook, October 2026)

% a year · IMF

Inflation in South AfricaInflation in South Africa: 14.2% a year in 1980 and 3.2% a year in 2025, by IMF estimates. The IMF projection (World Economic Outlook, October 2026) puts it at 3% a year in 2031.
Estimates, IMFIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • The IMF projection (World Economic Outlook, October 2026) puts it at 3% a year in 2031.
  • The highest was 18.2% a year in 1986, the lowest 1.4% a year in 2004.

Every year

% a year · IMF

YearSouth Africa
20253.2
20244.4
20235.9
20226.9
20214.6
20203.3
20194.1
20184.6
20175.3
20166.3
20154.6
20146.1
20135.7
20125.7
20115
20104.2
20097.2
200810.9
20077.1
20064.7
20053.4
20041.4
20035.9
20029.1
20015.7
20005.3
19995.1
19987
19978.6
19967.4
19958.8
19948.9
19939.6
199214
199115.1
199014.4
198914.8
198812.6
198716.4
198618.2
198516.5
198411.3
198312.7
198214
198115.9
198014.2
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearSouth Africa
20264.4
20273.9
20283.3
20293
20303
20313

Good to know

  • How much consumer prices rose in a year, on average.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 179 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

South Africa in numbers

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