Average inflation measured by CPI rose 12.0% to 5.38% in South Africa in 2020, according to the National Statistical Office.
Historically, average inflation measured by CPI in South Africa reached an all time high of 5.38% in 2020 and an all time low of -0.007% in 2004. When compared to South Africa's main peers, average inflation measured by CPI in Botswana amounted to 3.80%, 5.03% in Lesotho, 5.75% in Namibia and 5.38% in Swaziland in 2020.
South Africa has been ranked 41st within the group of 171 countries we follow in terms of average inflation measured by CPI, 39 places above the position seen 10 years ago.
Inflation, CPI (Average) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Angola | % | 0.317% | 20.5% | 15.8% | 10.9% | 8.90% | ||||||||||||||||
Botswana | % | 0.033% | 0.032% | 0.028% | 3.80% | 3.90% | ||||||||||||||||
Lesotho | % | 0.044% | 0.048% | 0.052% | 5.03% | 4.95% | ||||||||||||||||
Mozambique | % | 0.151% | 0.039% | 0.028% | 5.23% | 5.00% | ||||||||||||||||
Namibia | % | 0.061% | 0.043% | 0.037% | 5.75% | 5.75% | ||||||||||||||||
South Africa | % | 0.052% | 0.045% | 0.041% | 5.38% | 5.50% | ||||||||||||||||
Swaziland | % | 0.062% | 0.048% | 0.026% | 5.38% | 5.47% | ||||||||||||||||
Zambia | % | 0.066% | 0.075% | 0.092% | 8.00% | 8.00% | ||||||||||||||||
Zimbabwe | % | 0.009% | 3.87% | 9.65% | 8.70% | 6.50% |