Marketing & Market Research
Country Economic Forecasts - South Africa
Country Economic Forecasts - South Africa
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Country Economic Forecasts - South Africa
Private sector investment has benefited from low borrowing costs, which has contributed to the economic recovery in 2021. Our estimates show that GDP likely rose by 1.1% q-o-q during the final quarter of 2021, translating into an aggregate growth rate of 4.7%. We expect growth will moderate in 2022, with real GDP forecast to expand by 1.8%.