The Gross Domestic Product (GDP) in South Africa was worth 377.78 billion US dollars in 2023, according to official data from the World Bank. The GDP value of South Africa represents 0.36 percent of the world economy. This page provides the latest report
According to the SAECC, the South African ICT market is estimated at US$ 42.6-billion (R468.4-billion) in 2013 with IT accounting for US$ 15.08-billion (R164-billion) and communications US$ 27.18-billion (R297.4-billion). The sector contributes approximately 8.2% to South Africa’s GDP. S...
(GDP) in South Africa decreased 0.7 percent in the second quarter (Q2) of the year to 1.142 trillion South African Rand (about 66.1 billion U.S. dollars), in comparison with 1.151 trillion Rand in Q1, according to the data released by the Statistics South Africa (STATSSA) on its web...
source: South African Reserve Bankpercent of GDP 5Y10Y25YMAX Export API 394551576369 201220162020 South African Reserve Bank ValueChgChg% Related Last Previous Unit Reference Fiscal Expenditure 200768.00 249764.00 ZAR Million Aug 2024 Budget Balance -19400.00 -79950.00 ZAR Million Aug 2024 Government ...
The country’s debt has been rising as a proportion of the nation’sGDPfor some years. How South Africa’s Debt is Calculated The South African national debt has become a political issue in recent years because guarantees on loans taken out bystate-owned enterprisesare not included in the de...
Procurement in the South African public sector through the tendering process has been used with a particular aim of addressing the past discriminatory practices and policies by empowering the previously disadvantaged majority. It ought to operate within a certain legislative and regulatory framework. ...
It is generally accepted that a country is industrialized when the relative contribution of industry to gross domestic product (GDP) increases or when the proportion of people employed in the secondary sector grows. Labor productivity improves in the secondary sector, the unemployment rate falls from...
1.1% of GDP (2015)1.11% of GDP (2014)country comparison to the world: 120 Military and security forces South African National Defence Force (SANDF): South African Army (includes Reserve Force), South African Navy (SAN), South African Air Force (SAAF), South African Military Health ...
This paper estimates the long-run impact of the exchange rate depreciation on GDP in South Africa and whether it changed after the 2008 global financial cr
This paper reports research findings concerning the sector effect on working capital measures in South African industrial firms. Thirteen working capital measures were computed for each of the 135 participating firms over 10 years. The appropriate nonparametric statistical procedure, the Kruskal-Wallis ...