Consumer Spending in South Africa increased to 3094097 ZAR Million in the first quarter of 2023 from 3081872 ZAR Million in the fourth quarter of 2022. source: South African Reserve Bank

Consumer Spending in South Africa averaged 1378575.02 ZAR Million from 1960 until 2023, reaching an all time high of 3094097.00 ZAR Million in the first quarter of 2023 and a record low of 260612.00 ZAR Million in the first quarter of 1960. This page provides the latest reported value for - South Africa Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa Consumer Spending - values, historical data and charts - was last updated on June of 2023.

Consumer Spending in South Africa is expected to be 3096570.00 ZAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Consumer Spending is projected to trend around 3122029.00 ZAR Million in 2024 and 3156371.00 ZAR Million in 2025, according to our econometric models.

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South Africa Consumer Spending

Related Last Previous Unit Reference
Consumer Spending 3094097.00 3081872.00 ZAR Million Mar 2023
Disposable Personal Income 4335366.00 4220997.00 ZAR Million Dec 2022
Private Sector Credit 7.10 7.20 percent Apr 2023
Bank Lending Rate 11.80 11.75 percent May 2023
Households Debt to Income 62.60 66.10 percent Dec 2022