Gdp Growth 2024 South Africa

Gdp Growth 2024 South Africa. Fitch ratings forecasts real gdp growth in south africa will accelerate to 0.9% in 2024 and 1.3% in 2025, from an estimated 0.5% in 2023. In february 2024, south africa’s national treasury forecast in its budget review of 2024 that gdp growth will reach only 1.3% in 2024 and 1.6% in 2025, 6 a more optimistic projection than the.

Growth will quicken in 2024, after a disappointing 2023, as serious electricity shortages start to ease, but the global backdrop will remain tough. South africa gdp growth rate.