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South Africa

South Africa : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$102.6 billion (2011 est.)
$81.86 billion (2010 est.)

Exports

$104.5 billion (2011 est.)
$85.7 billion (2010 est.)

Inflation rate (consumer prices)

5% (2011 est.)
4.1% (2010 est.)

Unemployment rate

24.9% (2011 est.)
24.9% (2010 est.)

GDP - per capita (PPP)

$11,100 (2011 est.)
$10,900 (2010 est.)
$10,700 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

3% (2010 est.)
-1.8% (2009 est.)
3.7% (2008 est.)

Internet users

4.42 million (2009)

Telephones - mobile cellular

50.372 million (2009)

Population growth rate

-0.412% (2012 est.)

Population

48,810,427 (July 2012 est.)
note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected

Historical background

Dutch traders landed at the southern tip of modern day South Africa in 1652 and established a stopover point on the spice route between the Netherlands and the Far East, founding the city of Cape Town.

After the British seized the Cape of Good Hope area in 1806, many of the Dutch settlers (the Boers) trekked north to found their own republics.

The discovery of diamonds (1867) and gold (1886) spurred wealth and immigration and intensified the subjugation of the native inhabitants.

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South Africa

Economic overview

South Africa is a middle-income, emerging market with an abundant supply of natural resources; well-developed financial, legal, communications, energy, and transport sectors; a stock exchange that is the 18th largest in the world; and modern infrastructure supporting a relatively efficient distribution of goods to major urban centers throughout the region.

At the end of 2007, South Africa began to experience an electricity crisis.

State power supplier Eskom encountered problems with aged plants, necessitating "load-shedding" cuts to residents and businesses in the major cities.

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The Economist Intelligence Unit

Country Forecast South Africa July 2017 Updater

  • $ 559
  • Country report
  • July 2017
  • by The Economist Intelligence Unit

The African National Congress (ANC) will remain in power until the 2019 election (and possibly beyond), but internal divisions will intensify after the president, Jacob Zuma, sacked his respected finance ...

  • Countries : South Africa

Oxford Economics

By Country Industry Forecasts > South Africa

  • $ 220
  • Country report
  • June 2017
  • by Oxford Economics

Key Features: Broad Country and Industry Coverage. The service covers 68 countries across Europe, Asia, the Americas, the Middle East and Africa, where 85% of world business is conducted. Up to 85 manufacturing ...

  • Countries : South Africa

ISA

South Africa - ISA Country Report

  • $ 99
  • Country report
  • August 2017
  • by ISA

This report contains detailed forecasts and analysis for South Africa, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. Each ISA Country ...

  • Countries : South Africa

MarketLine

South Africa: In-depth PESTLE insights

  • $ 350
  • Country report
  • May 2017
  • by MarketLine

South Africa: In-depth PESTLE insights Summary This PESTLE country analysis report on South Africa provides a holistic view of the country, with insightful analysis of current and future issues, supplemented ...

  • Countries : South Africa

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