South Africa unemployment rate


South Africa unemployment rate: 32.1 (-4.18%)
Last Update: September 30, 2024

South Africa unemployment rate closed down 32.1 as of September 30, 2024 from 33.5 from the previous month and 34.9 from last year.


South Africa unemployment rate Analytics & Data




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South Africa unemployment rate

Date Values
2024-09-30 32.1
2024-06-30 33.5
2024-03-31 32.9
2023-12-31 32.1
2023-09-30 31.9
2023-06-30 32.6
2023-03-31 32.9
2022-12-31 32.7
2022-09-30 32.9
2022-06-30 33.9
2022-03-31 34.5
2021-12-31 35.3
2021-09-30 34.9
2021-06-30 34.4
2021-03-31 32.6
2020-12-31 32.5
2020-09-30 30.8
2020-06-30 23.3
2020-03-31 30.1
2019-12-31 29.1
2019-09-30 29.1
2019-06-30 29
2019-03-31 27.6
2018-12-31 27.1

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South Africa unemployment rate Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
unemployment rate za.unemploymentrate 32.1 33.5 -4 -8 Down Down 3 2024-09-30

South Africa unemployment rate Quantitative Analysis, Charts & Factors

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South Africa unemployment rate Historical Data

The MacroVar database offers free access to historical data for the South Africa unemployment rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of South Africa unemployment rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the South Africa unemployment rate

The unemployment rate in South Africa is a significant issue that continues to impact the country's economy and society. As of the most recent data available, the unemployment rate in South Africa stands at around 32.6%. This high level of unemployment is a result of various factors, including a lack of job opportunities, skills mismatches, and structural issues within the labor market. The high unemployment rate has far-reaching consequences, such as increased poverty, social unrest, and reduced economic growth. Addressing the unemployment rate in South Africa remains a top priority for the government in order to create a more inclusive and prosperous society for all citizens.

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