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South Africa Annual Inflation Rate

South Africa's annual inflation rate fell to 4.36% in 2024, down from 6.08% in 2023, according to World Bank. This represents a decrease of 1.72% from the previous year. South Africa has annual inflation rate higher than the global median (4.36% vs median 3.16%). Compared with the median in Africa, South Africa is higher (4.36% vs regional median 4.30%) and ranks 25th out of 50 countries in Africa.

Yearly Historical Data (1960-2024)

(in %)
Year Annual Inflation Rate (%)
2024 4.36%
2023 6.08%
2022 7.04%
2021 4.62%
2020 3.23%
2019 4.1%
2018 4.51%
2017 5.19%
2016 6.6%
2015 4.52%
2014 6.13%
2013 5.78%
2012 5.74%
2011 5%
2010 4.07%
2009 7.24%
2008 9.91%
2007 6.18%
2006 3.24%
2005 2.06%
2004 -0.69%
2003 5.68%
2002 9.49%
2001 5.7%
2000 5.34%
1999 5.18%
1998 6.88%
1997 8.6%
1996 7.35%
1995 8.68%
1994 8.94%
1993 9.72%
1992 13.87%
1991 15.33%
1990 14.32%
1989 14.73%
1988 12.78%
1987 16.16%
1986 18.65%
1985 16.29%
1984 11.53%
1983 12.3%
1982 14.64%
1981 15.25%
1980 13.66%
1979 13.29%
1978 11.14%
1977 11.15%
1976 11.02%
1975 13.43%
1974 11.72%
1973 9.43%
1972 6.43%
1971 5.96%
1970 4.99%
1969 3.24%
1968 1.99%
1967 3.54%
1966 3.49%
1965 4.07%
1964 2.53%
1963 1.34%
1962 1.25%
1961 2.1%
1960 1.29%
South Africa Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in South Africa.
Indicator Last Value Prior Value Period
Core Inflation Rate 3.2% 3.1% Sep'25
Inflation Rate 3.4% 3.3% Sep'25
Inflation Rate MoM 0.2% -0.1% Sep'25
Producer Price Index (PPI) 2.1% 1.5% Aug'25