Pro
Healthcare & Pharma
Africa Corporate Wellness Market, by End User, 2018-2027
Charts & Stats
Inflation Rate In South Africa
What is Africa's average inflation rate? As of 2031, it's 3%, down from 4.1% in 2019.
Author: Wantstats Research TeamSource: Wantstats Repository
| Label | Average inflation rate |
|---|---|
| 2019 | 4.12% |
| 2020 | 3.29% |
| 2021 | 4.55% |
| 2022 | 6.86% |
| 2023 | 5.9% |
| 2024 | 4.43% |
| 2025 | 3.22% |
| 2026 | 3.93% |
| 2027 | 3.4% |
| 2028 | 3% |
| 2029 | 3% |
| 2030 | 3% |
| 2031 | 3% |
Data Source: Wantstats Repository
Inflation Rate In South Africa: Key Points
- The 2031 figure for Africa's inflation Rate In South Africa is 3.00 Average inflation rate. Back in 2019 it was 4.12 Average inflation rate — a fall of about 27% across the years in between.
- 2021: surges to 4.55 Average inflation rate (+38%).
- 2022: leaps to 6.86 Average inflation rate (+51%).
- 2023-2025: drops hard to 3.22 Average inflation rate (-53%).
- 2027-2028: erodes to 3.00 Average inflation rate (-24%).
- Net result across the whole period: down 27.2%, closing 2031 at 3.00 Average inflation rate.
Why The Line Goes Flat For Years
Multiple direction changes over the period mean any two-point comparison — say, first year to last — is likely to be misleading on its own. The middle years matter just as much.
Worth noting this move happens in 2020, the year lockdowns disrupted ordinary activity broadly across the world. It may or may not be the direct explanation here, but it's the most common one for a dip landing in exactly this year.
This chart is a starting point, not a conclusion. Africa's inflation Rate In South Africa numbers here are worth cross-checking against at least one other source or comparator before they inform any real decision.
This kind of indicator is almost never measured continuously — it's estimated from periodic data collection, published and later revised by Africa's statistical authority. Direction is the reliable part; individual years less so.
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Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.