South Africa youth unemployment rate

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South Africa youth unemployment rate: 59.4 (2.41%)
Last Update: December 31, 2023

South Africa youth unemployment rate closed down 59.4 as of December 31, 2023 from 58 from the previous month and 63.2 from last year.


South Africa youth unemployment rate Analytics & Data




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South Africa youth unemployment rate

Date Values
2023-12-31 59.4
2023-09-30 58
2023-06-30 60.7
2023-03-31 62.1
2022-12-31 61
2022-09-30 59.6
2022-06-30 61.4
2022-03-31 63.9
2021-12-31 66.5
2021-09-30 66.5
2021-06-30 64.4
2021-03-31 63.3
2020-12-31 63.2
2020-09-30 61.3
2020-06-30 52.3
2020-03-31 59
2019-12-31 58.1
2019-09-30 58.2
2019-06-30 56.4
2019-03-31 55.2


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South Africa youth unemployment rate Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
youth unemployment rate za.ytunemploymentrate 59.4 58 2 -6 Down Down 0 2023-12-31

South Africa youth unemployment rate Factors

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What is the South Africa youth unemployment rate

Welcome to our webpage dedicated to providing up-to-date information on the South Africa youth unemployment rate. Here, you will find comprehensive data, charts, and analysis that will help you understand the current state of youth unemployment in South Africa, as well as its historical trends and signals.

What is the South Africa youth unemployment rate? The youth unemployment rate refers to the percentage of unemployed individuals in the age group of 15-24 years. This metric provides valuable insights into the economic challenges faced by young people in the country. High youth unemployment rates can have various societal and economic implications, including increased poverty rates, social unrest, and reduced productivity.

Interpreting the South Africa youth unemployment rate: A high youth unemployment rate indicates that a significant portion of young people in South Africa are unable to secure employment despite actively seeking it. This can be indicative of a struggling job market, limited opportunities, or structural issues within the economy. On the other hand, a declining youth unemployment rate could signal positive economic growth and increased job opportunities for young people.

Analyzing the data: Our webpage presents data in the form of interactive charts and analytics, allowing you to dive deep into the trends and patterns of the South Africa youth unemployment rate. You can explore historical data spanning multiple years, examine fluctuations in unemployment rates over time, and identify patterns that may help in understanding the underlying causes of youth unemployment.

Exporting historical data for further analysis: In addition to providing a user-friendly interface for accessing historical data, we also offer the option to export this data for free. This will enable you to conduct your own in-depth analysis, create custom visualizations, and merge the youth unemployment data with other relevant economic indicators.

Using MacroVar signals, trends, and analysis: Our webpage also offers access to MacroVar signals, trends, and analysis. MacroVar is a powerful tool that provides insights into the economic landscape, enabling users to stay ahead of market trends. By incorporating MacroVar signals into your analysis of the South Africa youth unemployment rate, you can gain a broader perspective and make informed business decisions.

In conclusion, our webpage offers a comprehensive resource for understanding the South Africa youth unemployment rate. With access to current and historical data, along with analytics and charts, users can gain valuable insights into the trends and signals surrounding youth unemployment. Additionally, the option to export data for further analysis and utilize MacroVar signals enhances the capabilities of this webpage as a valuable tool for researchers and decision-makers.

South Africa Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
FTSE/JSE Top 40 JTOPI 69134.6 0.5 -0.25 -0.28044 57.694 -0.01107 -0.00632 0.05339 0.03345
South Africa ETF EZA 37.84 0 -1 -1.18765 50.766 0.01204 0.02826 0.04675 -0.00395
South African Rand US Dollar (ZAR/USD) ZARUSD 18.4194 -1 -0.25 -0.25065 34.5945 -0.00443 -0.02862 -0.05604 0.06384
South Africa 10-Year Bond Yield ZA.10Y 10.365 -1 -0.25 -0.01899 34.1718 -0.01893 -0.03131 -0.05816 -0.04117
South Africa 5-Year Bond Yield ZA.5Y 8.875 -1 0 0.06589 41.2688 -0.00169 -0.00616 -0.02899 -0.02042
South Africa 2-Year Bond Yield SA.2Y 7.22 0 0 0 0 0 0 0 0
South Africa Yield Curve SA.YC 2.58 0.5 -0.75 -1.24114 59.2958 -0.01338 0.1754 0.22565 -0.34435
South Africa Credit Default Swaps CDS.South-Africa 208 -1 -1 -2.33045 29.8536 0.01217 -0.02804 -0.15102 -0.2
South Africa Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade za.balanceoftrade 13142 12578.7 4 933 UP UP 98 2023-10-31
bank lending rate za.banks.lendingrate 11.75 11.75 0 21 UP UP 76 2023-07-31
banks balance sheet za.banks.bs 7630090 7600600 0 3 UP UP 20 2024-02-29
business confidence za.bizconfidence 30 31 -3 -14 Down Down 40 2024-03-31
capacity utilization za.caputilization 78.7 78 1 1 UP UP 77 2023-12-31
car registrations za.carregistrations 26577 28883 -8 -16 Down Down 20 2024-03-31
central bank balance sheet za.cb.assets 1238950 1241050 -0 7 UP UP 37 2024-03-31
composite pmi za.comppmi 48.4 50.8 -5 -2 Down Down 39 2024-02-29
consumer confidence za.consconfidence -15 -17 -12 67 UP Down 86 2024-03-31
consumer price index cpi za.cpi 114.8 113.9 1 6 UP UP 78 2024-02-29
core inflation rate za.coreinflationrate 4.9 5 -2 -6 UP Down 43 2024-03-31
current account za.currentaccount -165528 -34400 381 -156 Down Down 18 2024-06-30
current account to gdp za.currentaccountgdp -1.6 -0.5 220 -69 UP UP 0 2024-01-31
deposit interest rate za.depositrate 6.74 6.43 5 42 UP UP 90 2023-05-31
exports za.exports 181261 173425 5 4 UP UP 28 2023-08-31
external debt za.externaldebt 158081 156096 1 -7 Down Down 11 2023-12-31
fiscal expenditure za.fiscalexp 166347 179204 -7 0 Down UP 24 2024-02-29
foreign direct investment za.fdi 16185 26014 -38 1 Down UP 57 2023-12-31
foreign exchange reserves za.fxreserves 62323 61653 1 1 UP UP 26 2024-03-31
gdp za.gdp 405.87 419.02 -3 8 UP UP 0 2022-12-31
Real GDP za.realgdp 4631220 4626740 0 5 UP UP 44 2023-12-31
gdp growth za.gdpgrowth 0.1 -0.2 -150 -96 Down Down 45 2023-12-31
gdp growth annual za.gdpgrowthan 1.2 -0.7 -271 -134 Down UP 23 2023-12-31
gold reserves za.goldres 125.41 125.41 0 0 UP UP 42 2021-06-30
government budget za.govbudget -4.9 -4.2 17 4 UP Down 0 2023-01-31
Government budget za.govbudgetvalue 20783.8 -54662.4 -138 -131 UP UP 16 2024-04-30
government debt za.govdebt 73810 70437 5 -6 Down Down 9 2023-12-31
government debt to gdp za.govdebtgdp 72.2 72.8 -1 89 UP UP 0 2023-01-31
government revenues za.govrev 187131 116787 60 6 UP UP 47 2024-02-29
housing index za.housingindex 112.4 111.9 0 -78 Down Down 5 2017-03-31
imports za.imports 167982 157981 6 0 UP Down 27 2023-08-31
industrial production za.indproduction 4.1 2.9 41 -175 UP UP 40 2024-02-29
industrial production mom za.indproductionmm -0.3 0.4 -175 -82 Down UP 52 2024-02-29
inflation cpi za.inflationcpi 5.3 5.6 -5 -25 Down Down 27 2024-03-31
interbank rate za.interbankrate 8.41 8.41 0 0 Down Down 48 2023-08-15
interest rate za.interestrate 8.25 8.25 0 50 UP UP 80 2023-07-20
loans to private sector za.loanprivate 4634090 4604050 1 3 UP UP 21 2024-02-29
Manufacturing PMI za.manpmi 49.2 51.7 -5 2 UP UP 57 2024-03-31
money supply m0 za.msm0 376845 397321 -5 4 Down UP 21 2024-02-29
money supply m1 za.msm1 2617880 2622400 -0 4 UP UP 8 2024-02-29
money supply m2 za.msm2 4202480 4196730 0 6 UP UP 35 2024-02-29
money supply m3 za.msm3 5152800 5112490 1 6 UP UP 26 2024-02-29
Producer Price Index za.producerprices 100.6 100.1 0 -20 Down Down 5 2024-02-29
PPI Index za.producerpricesch 4.5 4.7 -4 -63 Down Down 21 2024-02-29
retail sales MoM za.retailsales 0.4 -3.2 -112 -180 UP UP 0 2024-02-29
retail sales za.retailsalesan -0.8 -2 -60 14 UP Down 88 2024-02-29
total vehicle sales za.vehiclesales 44235 44732 -1 19 Down UP 88 2024-04-30
unemployment rate za.unemploymentrate 32.1 31.9 1 -1 Down Down 13 2023-12-31
youth unemployment rate za.ytunemploymentrate 59.4 58 2 -6 Down Down 0 2023-12-31
Lending Rate za.lendingrate 11.75 11.75 0 31 UP UP 83 2023-07-31