Inflation, GDP deflator: linked series in South Africa

South Africa: Inflation, GDP deflator: linked series was 2.8% in 2025. ▼ Falling

Latest (2025)
2.8%
Change on year
down 28.8%
World rank
130th
of 214 countries
All-time high
15.7%
in 1991
All-time low
2.8%
in 2025
Years of data
36
1990–2025

Inflation, GDP deflator: linked series in South Africa, 1990–2025

510151990200720251990: 15.4 annual %1991: 15.7 annual %1992: 14.7 annual %1993: 13 annual %1994: 9.8 annual %1995: 10.8 annual %1996: 8 annual %1997: 8.1 annual %1998: 8.1 annual %1999: 6.9 annual %2000: 9.2 annual %2001: 7.8 annual %2002: 12.5 annual %2003: 6.4 annual %2004: 6 annual %2005: 5.6 annual %2006: 6.1 annual %2007: 8.2 annual %2008: 7.9 annual %2009: 8.7 annual %2010: 6.1 annual %2011: 5.5 annual %2012: 4.7 annual %2013: 5.8 annual %2014: 5.4 annual %2015: 5.5 annual %2016: 7 annual %2017: 5.5 annual %2018: 4 annual %2019: 4.6 annual %2020: 5.4 annual %2021: 6.4 annual %2022: 5.2 annual %2023: 4.7 annual %2024: 3.9 annual %2025: 2.8 annual %

Source: Staff estimates, World Bank (WB). Measured in annual %.

Analysis

In 2025, inflation, gdp deflator: linked series in South Africa stood at 2.8%. That is the lowest value across all 36 years on record.

The figure is down 28.8% on the previous year and down 49.7% over ten years.

Over the whole period, inflation, gdp deflator: linked series in South Africa peaked at 15.7% in 1991 and was at its lowest, 2.8%, in 2025.

South Africa ranks 130th of 214 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 36 years of available data.

Inflation, GDP deflator: linked series in South Africa, year by year

Annual values for Inflation, GDP deflator: linked series (annual %) in South Africa, 1990 to 2025.
Year annual % Change
1990 15.4%
1991 15.7% +1.4%
1992 14.7% -6.0%
1993 13.0% -11.8%
1994 9.8% -24.4%
1995 10.8% +10.5%
1996 8.0% -26.0%
1997 8.1% +1.4%
1998 8.1% -0.8%
1999 6.9% -14.7%
2000 9.2% +33.3%
2001 7.8% -15.0%
2002 12.5% +60.7%
2003 6.4% -49.0%
2004 6.0% -5.5%
2005 5.6% -7.4%
2006 6.1% +8.4%
2007 8.2% +36.0%
2008 7.9% -4.8%
2009 8.7% +10.4%
2010 6.1% -29.3%
2011 5.5% -9.6%
2012 4.7% -15.4%
2013 5.8% +24.7%
2014 5.4% -8.2%
2015 5.5% +3.3%
2016 7.0% +25.4%
2017 5.5% -21.3%
2018 4.0% -27.0%
2019 4.6% +15.5%
2020 5.4% +16.9%
2021 6.4% +18.9%
2022 5.2% -18.2%
2023 4.7% -9.9%
2024 3.9% -17.1%
2025 2.8% -28.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 11.1% 6.9% 15.7% 10
2000s 7.8% 5.6% 12.5% 10
2010s 5.4% 4.0% 7.0% 10
2020s 4.7% 2.8% 6.4% 6

Countries ranked near South Africa

  1. 128 Northern Mariana Islands 2.8% compare
  2. 129 United States of America 2.8% compare
  3. 131 Greece 2.8% compare
  4. 132 Barbados 2.7% compare
  5. 133 Palestine, State of 2.7% compare

See the full ranking of 215 places →

More financial sector data for South Africa

All data for South Africa →

Frequently asked questions

What is inflation, gdp deflator: linked series in South Africa?
Inflation, gdp deflator: linked series in South Africa was 2.8% in 2025, according to Staff estimates, World Bank (WB).
What is the highest inflation, gdp deflator: linked series recorded in South Africa?
The highest recorded value was 15.7% in 1991.
What is the lowest inflation, gdp deflator: linked series recorded in South Africa?
The lowest recorded value was 2.8% in 2025.
How does South Africa rank for inflation, gdp deflator: linked series?
South Africa ranks 130th out of 214 countries with data for 2025.
Is inflation, gdp deflator: linked series rising or falling in South Africa?
Over the last ten years it is down 49.7%. The long-run trend across the full record is falling.
Where does this South Africa data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Inflation, GDP deflator: linked series (annual %). Statizoid updates them automatically from the source API.

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Inflation, GDP deflator: linked series in South Africa. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 06 September 2026, from https://financial-sector.statizoid.com/stat/inflation-gdp-deflator-linked-series-annual-percent/south-africa/

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About this data

Indicator
Inflation, GDP deflator: linked series (annual %)
Unit
annual %
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
215 places, 7,308 data points, 1990–2025
Last refreshed

Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.