Home South Africa Economy & Growth GDP Deflator

South Africa GDP Deflator

Inflation as measured by annual growth rate of GDP implicit deflator  NY.GDP.DEFL.KD.ZG

3.75% −0.17pp (-4.4%)
Year 2025 Rank #143 Global Peak 23.05% (1980) Source World Bank

South Africa GDP Deflator (1961–2025)

Overview

South Africa's gdp deflator stood at 3.75% in 2025, a decline of +0.17pp from 2024. Based on recent trends, this figure is projected to reach 3.75% by 2025. South Africa ranked 143rd globally.

Data & projection

Year GDP Deflator YoY change Rank
2027* trend 2.82% - -
2026* trend 3.28% - -
2025* trend 3.75% - -
2025 3.75% −0.17pp #143
2024 3.92% −0.81pp #103
2023 4.72% −0.52pp #96
2022 5.24% −1.17pp #65
2021 6.41% +1.02pp #132
2020 5.39% +0.78pp #167
2019 4.61% +0.62pp #165
2018 3.99% −1.48pp #138
2017 5.47% −1.48pp #154
2016 6.95% +1.41pp #174
2015 5.55% +0.18pp #170
2014 5.37% −0.48pp #163
2013 5.84% +1.16pp #165
2012 4.69% −0.85pp #122
2011 5.54% −0.59pp #108
Show all years (1961-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +14.4% GDP growth 3.2% C/A balance 0.0%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

South Africa matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp deflator improve within 24 months. View full analysis →

Frequently Asked Questions

What is South Africa's gdp deflator?

South Africa's gdp deflator was 3.75% in 2025. Ranked 143rd globally. This represents a 4.4% decrease from the previous year.

What was the highest gdp deflator in South Africa?

South Africa's gdp deflator peaked at 23.05% in 1980.

What was the lowest gdp deflator in South Africa?

The lowest gdp deflator in South Africa was 0.18% in 1962.

How does South Africa rank in gdp deflator?

South Africa ranks 143rd globally in gdp deflator as of 2025.

What is the World Bank indicator code for gdp deflator?

The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.

What is the projected gdp deflator of South Africa in 2025?

South Africa's gdp deflator is projected to reach 3.75% by 2025 based on trend extrapolation.

What is the gdp deflator of South Africa in 2025?

The gdp deflator of South Africa in 2025 was 3.75%. This ranks 143rd in the world.

Cite this page

APA
South Africa GDP Deflator. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/south-africa/gdp-deflator
BibTeX
@misc{historysaid_south-africa_gdp-deflator, title = {South Africa GDP Deflator}, url = {https://historysaid.com/south-africa/gdp-deflator}, publisher = {HistorySaid}, year = {2026} }