Historical Year Data · 2014

South Africa Unemployment Rate (WEO) in 2014

South Africa Unemployment Rate (WEO) opened 2014 at 24.89% and closed at 24.89%, a +0.00% move for the year. The high of 24.89% was reached on December 31, and the low of 24.89% on December 31.

Open

24.89%

2014-01

24.89%

1 data points

High

24.89%

Dec 31

Low

24.89%

Dec 31

Full Year Change

+0.00%

2013 Change

+0.00%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Dec	24.89%	24.89%	24.89%	24.89%	+0.00%

Events During 2014

2014-2016 Oil Price Collapse

Deflation

June 2014 – February 2016

Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.

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