South African Reserve Bank ValueChgChg% Related Last Previous Unit Reference Full Year GDP Growth 0.60 1.90 percent Dec 2023 GDP 377.78 405.27 USD Billion Dec 2023 GDP Growth Rate YoY 0.30 0.50 percent Jun 2024 GDP Constant Prices 4653982.00 4631266.00 ZAR Million Jun 2024 GDP from Agriculture 123...
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
South African GDP growth rateWorld Bank
According to the African Economic Outlook from the African Development Bank Group, the continent will retain its 2023 ranking as the second fastest-growing region in 2024 and 2025. The rebound in Africa's average growth includes a rise to 3.7 percent in 2024 and 4.3 percent in 2025, exceeding...
CHART 18 Possession of Transport Vehicles by City 2023 Summary 6 City Scorecard in Economy Pillar 2023 CHART 19 GDP per Capita in 2023 and Real GDP Growth by City 2023-2028 LABOUR Summary 7 City Scorecard in Labour Pillar ...
GDP per capita $5,738 (2020) Currency Rand South Africa is a country located on the southern tip of Africa and one of the largest on the continent. While relatively wealthy compared to other African countries, its economy is stagnant and the country is home to increasing amounts of viol...
South Africa cuts growth target as economic reality bites Lower GDP projection comes despite coalition’s charm offensive to win over foreign investors October 27 2024 Russian tensions expose faultlines in South Africa’s unity government Cyril Ramaphosa angered the ANC’s largest coalition partner by ...
ΔST_INTΔST_INT is the South African short-term interest growth rate. ΔLT_INTΔLT_INT is the South African long-term interest growth rate. ΔGDPΔGDP is the South African gross domestic product growth rate. The bull and bear regime follows the first-order Markov process, which is ...
As a result of the extensive power cuts, South Africa’s central bank now forecasts GDP growth to be just 0.3% in 2023. Eskom, which marks its 100th anniversary this month, is struggling with the frequent breakdowns of many of its aging coal-fired power stations. The biggest problem...
South Africa is the wealthiest and most populous country in the southern African region. In comparison to its neighbors, the country has the most equipped military, a strong industrial base, self-sufficiency in most goods, and a persistently buoyant economy in spite of a severe recession in 1991...