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2015 OECD Economic Outlook, Volume 2015 Issue 1

image of OECD Economic Outlook, Volume 2015 Issue 1

The OECD Economic Outlook  is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances.

Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, chapters summarising developments and providing projections for each individual country, a special chapter on investment and a statistical annex.

English French, German

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South Africa

Economic growth is slowly recovering reflecting stronger world trade and past depreciation of the rand. However, ongoing electricity shortages are slowing the economy. Exports will rely on manufacturing goods, as commodities remain depressed by low international prices. Infrastructure investment will contribute to growth, both by providing demand and by alleviating bottlenecks. As incomes increase and confidence slowly improves, private domestic demand is projected to pick up.

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