Annual inflation, consumer prices in South Africa

South Africa: Annual inflation, consumer prices was 4.4% in 2024. ▬ Flat

Latest (2024)
4.4%
Change on year
down 28.2%
World rank
56th
of 173 countries
All-time high
9.9%
in 2008
All-time low
-0.7%
in 2004
Years of data
25
2000–2024

Annual inflation, consumer prices in South Africa, 2000–2024

02.557.5102000201220242000: 5.32001: 5.72002: 9.52003: 5.72004: -0.6922005: 2.12006: 3.22007: 6.22008: 9.92009: 7.22010: 4.12011: 52012: 5.72013: 5.82014: 6.12015: 4.52016: 6.62017: 5.22018: 4.52019: 4.12020: 3.22021: 4.62022: 72023: 6.12024: 4.4

Source: United Nations Statistics Division, SDG Global Database.

Analysis

The most recent figure for annual inflation, consumer prices in South Africa is 4.4%, measured in 2024.

Compared with earlier readings it is down 28.2% on the previous year and down 28.9% over ten years.

Over the whole period, annual inflation, consumer prices in South Africa peaked at 9.9% in 2008 and was at its lowest, -0.7%, in 2004.

That places South Africa 56th out of 173 countries with data for 2024, putting it in the middle of the range.

Annual inflation, consumer prices in South Africa, year by year

Annual values for Annual inflation, consumer prices (%) in South Africa, 2000 to 2024.
Year Value Change
2000 5.3%
2001 5.7% +6.8%
2002 9.5% +66.5%
2003 5.7% -40.2%
2004 -0.7% -112.2%
2005 2.1% -398.1%
2006 3.2% +57.3%
2007 6.2% +90.4%
2008 9.9% +60.4%
2009 7.2% -27.0%
2010 4.1% -43.8%
2011 5.0% +22.9%
2012 5.7% +14.7%
2013 5.8% +0.7%
2014 6.1% +6.1%
2015 4.5% -26.3%
2016 6.6% +46.1%
2017 5.2% -21.5%
2018 4.5% -13.0%
2019 4.1% -9.0%
2020 3.2% -21.2%
2021 4.6% +42.9%
2022 7.0% +52.4%
2023 6.1% -13.7%
2024 4.4% -28.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.4% -0.7% 9.9% 10
2010s 5.2% 4.1% 6.6% 10
2020s 5.1% 3.2% 7.0% 5

Countries ranked near South Africa

  1. 53 Fiji 4.5% compare
  2. 54 Kenya 4.5% compare
  3. 55 Brazil 4.4% compare
  4. 57 Solomon Islands 4.3% compare
  5. 58 Chile 4.3% compare
  6. 59 Aruba 4.3% compare

See the full ranking of 223 places →

More development goals data for South Africa

All data for South Africa →

Frequently asked questions

What is annual inflation, consumer prices in South Africa?
Annual inflation, consumer prices in South Africa was 4.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest annual inflation, consumer prices recorded in South Africa?
The highest recorded value was 9.9% in 2008.
What is the lowest annual inflation, consumer prices recorded in South Africa?
The lowest recorded value was -0.7% in 2004.
How does South Africa rank for annual inflation, consumer prices?
South Africa ranks 56th out of 173 countries with data for 2024.
Is annual inflation, consumer prices rising or falling in South Africa?
Over the last ten years it is down 28.9%. The long-run trend across the full record is flat.
Where does this South Africa data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.

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Annual inflation, consumer prices in South Africa. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 22 August 2026, from https://development-goals.statizoid.com/stat/annual-inflation-consumer-prices-percent/south-africa/

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About this data

Indicator
Annual inflation, consumer prices (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
223 places, 5,311 data points, 2000–2024
Last refreshed