Economic Outlook No 118 — Indicator of competitiveness based on in South Africa
South Africa: Economic Outlook No 118 — Indicator of competitiveness based on was 100.18 in 2027. ▼ Falling
Economic Outlook No 118 — Indicator of competitiveness based on in South Africa, 1997–2027
Source: Organisation for Economic Co-operation and Development.
Analysis
In 2027, economic outlook no 118 — indicator of competitiveness based on in South Africa stood at 100.18.
That represents a change of up 1.0% on the previous year and down 2.8% over ten years.
Over the whole period, economic outlook no 118 — indicator of competitiveness based on in South Africa peaked at 151.25 in 1997 and was at its lowest, 89.98, in 2023.
That places South Africa 25th out of 39 countries with data for 2027, putting it in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Economic Outlook No 118 — Indicator of competitiveness based on in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 151.25 | — |
| 1998 | 140.13 | -7.3% |
| 1999 | 131.97 | -5.8% |
| 2000 | 128.49 | -2.6% |
| 2001 | 113.18 | -11.9% |
| 2002 | 98.19 | -13.2% |
| 2003 | 128.52 | +30.9% |
| 2004 | 137.46 | +7.0% |
| 2005 | 137.63 | +0.1% |
| 2006 | 130.24 | -5.4% |
| 2007 | 120.83 | -7.2% |
| 2008 | 105.4 | -12.8% |
| 2009 | 115.19 | +9.3% |
| 2010 | 131.95 | +14.5% |
| 2011 | 129.39 | -1.9% |
| 2012 | 121.65 | -6.0% |
| 2013 | 107.48 | -11.6% |
| 2014 | 100.9 | -6.1% |
| 2015 | 97.71 | -3.2% |
| 2016 | 91.11 | -6.8% |
| 2017 | 103.08 | +13.1% |
| 2018 | 104.69 | +1.6% |
| 2019 | 101.49 | -3.1% |
| 2020 | 91.26 | -10.1% |
| 2021 | 100 | +9.6% |
| 2022 | 98.15 | -1.9% |
| 2023 | 89.98 | -8.3% |
| 2024 | 93.5 | +3.9% |
| 2025 | 95.25 | +1.9% |
| 2026 | 99.15 | +4.1% |
| 2027 | 100.18 | +1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 141.12 | 131.97 | 151.25 | 3 |
| 2000s | 121.51 | 98.19 | 137.63 | 10 |
| 2010s | 108.94 | 91.11 | 131.95 | 10 |
| 2020s | 95.93 | 89.98 | 100.18 | 8 |
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)
- Households and NPISHs Final consumption expenditure (current LCU) 5.85 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 11.78 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 77,700 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 3.56 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5921 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 3,907 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 7.63 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8472 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is economic outlook no 118 — indicator of competitiveness based on in South Africa?
- Economic outlook no 118 — indicator of competitiveness based on in South Africa was 100.18 in 2027, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 118 — indicator of competitiveness based on recorded in South Africa?
- The highest recorded value was 151.25 in 1997.
- What is the lowest economic outlook no 118 — indicator of competitiveness based on recorded in South Africa?
- The lowest recorded value was 89.98 in 2023.
- How does South Africa rank for economic outlook no 118 — indicator of competitiveness based on?
- South Africa ranks 25th out of 39 countries with data for 2027.
- Is economic outlook no 118 — indicator of competitiveness based on rising or falling in South Africa?
- Over the last ten years it is down 2.8%. The long-run trend across the full record is falling.
- 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 118 — Indicator of competitiveness based on relative consumer prices. Statizoid updates them automatically from the source API.
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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 118 (Edition 2025/2) EO118 Database documentation EO118 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