GDP growth (quarterly) · South Africa
South Africa GDP Growth Rate QoQ
The South Africa GDP Growth Rate QoQ measures how much the economy of South Africa, the total value of goods and services it produces after inflation, grew compared with the previous quarter.
- Importance
- Medium
- Publié
- Quarterly
- Prochaine publication
- Devise
- ZAR · South African rand
- Banque centrale
- The South African Reserve Bank
Derniers chiffres
La dernière publication, pour Q2, est parue le 2026-09-08 et s’est établie à -0.2%. C’est en dessous du consensus de -0.1%. C’est moins que 0.4% la fois précédente (révisé).
A weaker figure than expected points to slowing activity: the South African rand tends to soften and markets price in lower rates.
Sur les 7 dernières publications, la valeur est allée de -0.2% à 0.8%, avec une moyenne de 0.4%.
| Publié | Pour | Réel | Consensus | Précédent |
|---|---|---|---|---|
| 8 Sep 2026 | Q2 | -0.2% | -0.1% | 0.4% ® |
| 9 Jun 2026 | Q1 | 0.5% | 0.3% | 0.4% |
| 10 Mar 2026 | Q4 | 0.4% | 0.3% | 0.3% ® |
| 2 Dec 2025 | Q3 | 0.5% | – | 0.9% ® |
| 9 Sep 2025 | Q2 | 0.8% | 0.5% | 0.1% |
| 3 Jun 2025 | Q1 | 0.1% | 0% | 0.4% ® |
| 4 Mar 2025 | Q4 | 0.6% | 0.9% | -0.1% ® |
Pourquoi c’est important
GDP is the broadest measure of economic health. Two quarters of contraction are the common rule of thumb for a recession. Stronger growth supports corporate earnings, jobs and the South African rand, and can push the South African Reserve Bank towards higher rates; a contraction raises the odds of cuts.
Mode de calcul
Statistics South Africa adds up spending in the economy: consumption + investment + government spending + exports − imports, measured at constant prices (real GDP) and adjusted for seasonal patterns. The first (advance or flash) estimate is revised as more data arrive. The US annualises the quarterly change.
GDP = C + I + G + (X − M)
Growth (qoq) = real GDP ÷ real GDP last quarter − 1
Annualised = (1 + qoq)⁴ − 1Ce que signifient les variations
- Compare with the consensus and with the previous quarter; the first estimate gets the biggest reaction.
- Look at the mix: growth from consumption and investment is healthier than growth from inventories.
- An annualised US figure of 2% is close to its long-run trend; 0.5% quarter on quarter is similar in European terms.
Supérieur aux attentes : A stronger figure than expected points to a healthier economy: it usually supports the South African rand and local stocks, and can push bond yields up.
Inférieur aux attentes : A weaker figure than expected points to slowing activity: the South African rand tends to soften and markets price in lower rates.
Un bref historique
Simon Kuznets built the first national income accounts for the US Congress in 1934. GDP replaced GNP as the US headline measure in 1991; international standards are set in the UN System of National Accounts.
Questions
What is the South Africa GDP Growth Rate QoQ?
The South Africa GDP Growth Rate QoQ measures how much the economy of South Africa, the total value of goods and services it produces after inflation, grew compared with the previous quarter.
What was the latest South Africa GDP Growth Rate QoQ?
-0.2% for Q2, published on 8 September 2026 (consensus -0.1%, previous 0.4%).
When is the next South Africa GDP Growth Rate QoQ?
On Tuesday 1 December 2026 at 09:30 UTC.
What is the difference between quarterly and annual GDP growth?
Quarterly growth compares with the previous quarter (the latest momentum); annual growth compares with the same quarter a year earlier.
Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.