Economic Outlook No 117 — Private final consumption expenditure in South Africa
South Africa: Economic Outlook No 117 — Private final consumption expenditure was 1.29 in 2026. ◆ Volatile
Economic Outlook No 117 — Private final consumption expenditure in South Africa, 1961–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
In 2026, economic outlook no 117 — private final consumption expenditure in South Africa stood at 1.29.
That represents a change of down 11.1% on the previous year and up 88.8% over ten years.
Over the whole period, economic outlook no 117 — private final consumption expenditure in South Africa peaked at 8.78 in 2006 and was at its lowest, -6.12, in 2020.
South Africa ranks 31st of 38 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 117 — Private final consumption expenditure in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 1961 | 2.15 | — |
| 1962 | 3.11 | +45.1% |
| 1963 | 6.45 | +107.1% |
| 1964 | 8.19 | +26.9% |
| 1965 | 3.59 | -56.1% |
| 1966 | 4.67 | +29.9% |
| 1967 | 4.49 | -3.9% |
| 1968 | 7.35 | +63.9% |
| 1969 | 6.96 | -5.3% |
| 1970 | 6.55 | -5.9% |
| 1971 | 4.71 | -28.2% |
| 1972 | 4.28 | -9.1% |
| 1973 | 7.58 | +77.3% |
| 1974 | 5.25 | -30.8% |
| 1975 | 3.63 | -30.8% |
| 1976 | 1.58 | -56.6% |
| 1977 | -0.8689 | -155.1% |
| 1978 | 1.64 | -288.8% |
| 1979 | 2.48 | +51.0% |
| 1980 | 8.59 | +246.9% |
| 1981 | 7.3 | -15.0% |
| 1982 | 2.1 | -71.3% |
| 1983 | 3.01 | +43.3% |
| 1984 | 4.6 | +52.9% |
| 1985 | -3.46 | -175.2% |
| 1986 | 0.1587 | -104.6% |
| 1987 | 3.86 | +2329.5% |
| 1988 | 5.31 | +37.8% |
| 1989 | 2.74 | -48.4% |
| 1990 | 2.87 | +4.9% |
| 1991 | -0.5171 | -118.0% |
| 1992 | -1.42 | +175.2% |
| 1993 | 1.89 | -232.8% |
| 1994 | 4.01 | +111.9% |
| 1995 | 5.93 | +47.9% |
| 1996 | 4.47 | -24.5% |
| 1997 | 3.26 | -27.2% |
| 1998 | 1.74 | -46.5% |
| 1999 | 1.74 | -0.3% |
| 2000 | 4.14 | +138.1% |
| 2001 | 3.49 | -15.6% |
| 2002 | 3.17 | -9.2% |
| 2003 | 2.83 | -10.8% |
| 2004 | 6.24 | +120.4% |
| 2005 | 6.13 | -1.7% |
| 2006 | 8.78 | +43.1% |
| 2007 | 6.52 | -25.7% |
| 2008 | 1.21 | -81.4% |
| 2009 | -2.59 | -313.9% |
| 2010 | 5.69 | -319.5% |
| 2011 | 4.05 | -28.7% |
| 2012 | 3.23 | -20.4% |
| 2013 | 1.55 | -51.9% |
| 2014 | 0.7201 | -53.6% |
| 2015 | 2.16 | +199.6% |
| 2016 | 0.6826 | -68.4% |
| 2017 | 1.71 | +151.1% |
| 2018 | 3.16 | +84.5% |
| 2019 | 1.28 | -59.5% |
| 2020 | -6.12 | -577.6% |
| 2021 | 6.15 | -200.5% |
| 2022 | 2.46 | -60.1% |
| 2023 | 0.7221 | -70.6% |
| 2024 | 1.03 | +43.0% |
| 2025 | 1.45 | +40.4% |
| 2026 | 1.29 | -11.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.22 | 2.15 | 8.19 | 9 |
| 1970s | 3.68 | -0.8689 | 7.58 | 10 |
| 1980s | 3.42 | -3.46 | 8.59 | 10 |
| 1990s | 2.4 | -1.42 | 5.93 | 10 |
| 2000s | 3.99 | -2.59 | 8.78 | 10 |
| 2010s | 2.42 | 0.6826 | 5.69 | 10 |
| 2020s | 0.9968 | -6.12 | 6.15 | 7 |
Countries ranked near South Africa
More economy & growth data for South Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.4836 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate 4.99 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.1387 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 915.19 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 2.47 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 2.48 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 16,372 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 0.7139 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1196 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is economic outlook no 117 — private final consumption expenditure in South Africa?
- Economic outlook no 117 — private final consumption expenditure in South Africa was 1.29 in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — private final consumption expenditure recorded in South Africa?
- The highest recorded value was 8.78 in 2006.
- What is the lowest economic outlook no 117 — private final consumption expenditure recorded in South Africa?
- The lowest recorded value was -6.12 in 2020.
- How does South Africa rank for economic outlook no 117 — private final consumption expenditure?
- South Africa ranks 31st out of 38 countries with data for 2026.
- Is economic outlook no 117 — private final consumption expenditure rising or falling in South Africa?
- Over the last ten years it is up 88.8%. The long-run trend across the full record is volatile.
- Where does this South Africa data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 117 — Private final consumption expenditure, volume, growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP