Economy of South Africa. Statistics, Data and Indicators
South Africa
| 49BB | Credit rank #60 |
| 137.89 | Quality of life #38 |
| 72 | Corruption rank#64 |
| 84 | Ease of doing business#81 |
South Africa Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 406 USD Billion | 2022 |
| GDP Annual Growth Rate | 1.6 % | 2Q/23 |
| GDP Growth Rate | 0.6 % | 2Q/23 |
| GDP per capita | 6019 USD | 2022 |
| Inflation Rate YoY | 4.8 % | Aug/23 |
| Interest Rate | 8.25 % | Sep/23 |
| Unemployment Rate | 32.6 % | 2Q/23 |
| Wages | 25994 ZAR/Month | 1381.521 USD/Month | 2Q/23 |
| Balance of Trade | 13279 ZAR Million | 0.706 B USD | Aug/23 |
| Current Account | -160731 ZAR Million | -8.542 B USD | 2Q/23 |
| Foreign Exchange Reserves | 61131 USD Million | 61.131 B USD | Sep/23 |
| Government Debt | 71945 USD Million | 71.945 B USD | 2Q/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 406 USD Billion | 2022 |
| GDP Annual Growth Rate | 1.6 % | 2Q/23 |
| GDP Growth Rate | 0.6 % | 2Q/23 |
| GDP per capita | 6019 USD | 2022 |
| Gross National Product | 4725776 ZAR Million | 251.164 USD Billion | 2Q/23 |
| GDP Constant Prices | 4619321 ZAR Million | 245.506 B USD | 2Q/23 |
| GDP per capita PPP | 13470 USD | 2022 |
| GDP From Agriculture | 133279 ZAR Million | 7.083 B USD | 2Q/23 |
| GDP From Construction | 111474 ZAR Million | 5.925 B USD | 2Q/23 |
| GDP From Manufacturing | 536166 ZAR Million | 28.496 B USD | 2Q/23 |
| GDP From Mining | 203598 ZAR Million | 10.821 B USD | 2Q/23 |
| GDP From Public Administration | 372753 ZAR Million | 19.811 B USD | 2Q/23 |
| GDP From Services | 1099934 ZAR Million | 58.459 B USD | 2Q/23 |
| GDP From Transport | 372263 ZAR Million | 19.785 B USD | 2Q/23 |
| GDP From Utilities | 95844 ZAR Million | 5.094 B USD | 2Q/23 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 67.4 % | 2022 |
| Government Budget Value | -47335 ZAR Million | -2.516 USD Billion | Aug/23 |
| Government Spending | 922782 ZAR Million | 49.044 USD Billion | 2Q/23 |
| Government Debt | 71945 USD Million | 71.945 USD Billion | 2Q/23 |
| Government Revenues | 150714 ZAR Million | 8.01 USD Billion | Aug/23 |
| Fiscal Expenditure | 198048 ZAR Million | 10.526 B USD | Aug/23 |
| Government Budget to GDP | -4.2 % | 2022 |
| Military Expenditure | 2995 USD Million | 2.995 B USD | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 111 index points | Aug/23 |
| Export Prices | 178 index points | 2Q/23 |
| Food Inflation | 8 % | Aug/23 |
| Gasoline Prices | 1.29 USD/Liter | Sep/23 |
| Import Prices | 161 index points | 2Q/23 |
| Inflation Rate YoY | 4.8 % | Aug/23 |
| Producer Prices | 129 index points | Aug/23 |
| Inflation Rate Mom | 0.3 % | Aug/23 |
| Core Consumer Prices | 109 Index Points | Aug/23 |
| Core Inflation Rate | 4.8 % | Aug/23 |
| CPI Housing Utilities | 109 Index Points | Aug/23 |
| CPI Transportation | 114 Index Points | Aug/23 |
| Inflation Expectations | 5.53 % | 3Q/23 |
| Producer Prices Change | 4.3 % | Aug/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -0.5 % | 2022 |
| Weapons Sales | 48 USD Million | 2022 |
| Balance of Trade | 13279 ZAR Million | 0.706 USD Billion | Aug/23 |
| Current Account | -160731 ZAR Million | -8.542 USD Billion | 2Q/23 |
| Exports | 181261 ZAR Million | 9.634 USD Billion | Aug/23 |
| External Debt | 155565 USD Million | 155.565 USD Billion | 2Q/23 |
| Foreign Exchange Reserves | 61131 USD Million | 61.131 USD Billion | Sep/23 |
| Imports | 167982 ZAR Million | 8.928 USD Billion | Aug/23 |
| Terms of Trade | 110 Index Points | 2Q/23 |
| Tourist Arrivals | 985800 Persons | 0.986 Million Persons | Aug/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 11.75 % | Sep/23 |
| Gold Reserves | 125 Tonnes | 2Q/23 |
| Interbank Rate | 8.34 % | Oct/23 |
| Interest Rate | 8.25 % | Sep/23 |
| Loans to Private Sector | 4541961 ZAR Million | 241.395 USD Billion | Aug/23 |
| Money Supply M0 | 409000 ZAR Million | 21.737 USD Billion | Sep/23 |
| Money Supply M1 | 2590740 ZAR Million | 137.692 USD Billion | Aug/23 |
| Money Supply M2 | 4066847 ZAR Million | 216.143 USD Billion | Aug/23 |
| Money Supply M3 | 4977826 ZAR Million | 264.56 USD Billion | Aug/23 |
| Central Bank Balance Sheet | 1217073 ZAR Million | 64.685 B USD | Sep/23 |
| Deposit Interest Rate | 6.81 % | Jul/23 |
| Foreign Direct Investment | 53829 ZAR Billion | 2860.886 B USD | 2Q/23 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Retirement Age Men | 60 | 2022 |
| Retirement Age Women | 60 | 2022 |
| Unemployment Rate | 32.6 % | 2Q/23 |
| Wages | 25994 ZAR/Month | 1381.521 USD/Month | 2Q/23 |
| Youth Unemployment Rate | 60.7 % | 2Q/23 |
| Employed Persons | 16346 Person | 0.016 Million Person | 2Q/23 |
| Employment Rate | 40.1 % | 2Q/23 |
| Labor Force Participation Rate | 59.6 % | 2Q/23 |
| Living Wage Family | 11300 ZAR/Month | 655.744 USD/Month | 2018 |
| Living Wage Individual | 6570 ZAR/Month | 381.26 USD/Month | 2018 |
| Unemployed Persons | 7921 Thousand Persons | 7.921 Million Persons | 2Q/23 |
| Wages High Skilled | 22600 ZAR/Month | 1311.488 USD/Month | 2018 |
| Wages in Manufacturing | 22731 ZAR/Month | 1208.1 USD/Month | 2Q/23 |
| Wages Low Skilled | 4380 ZAR/Month | 254.173 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 27 % | 2023 |
| Personal Income Tax Rate | 45 % | 2023 |
| Sales Tax Rate | 15 % | 2023 |
| Social Security Rate | 2 % | 2023 |
| Social Security Rate For Companies | 1 % | 2023 |
| Social Security Rate For Employees | 1 % | 2023 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 1 BBL/D/1K | Feb/19 |
| Electricity Production | 19586 GWh | Aug/23 |
| Industrial Production | 2.3 % | Jul/23 |
| Mining Production | -3.6 % | Jul/23 |
| Steel Production | 292 Thousand Tonnes | Dec/20 |
| Industrial Production (MoM) | -1.6 % | Jul/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Bankruptcies | 142 companies | Aug/23 |
| Business Confidence | 33 index points | 3Q/23 |
| Corruption Index | 43 index points | 2022 |
| Corruption Rank | 72 place | 2022 |
| Ease of Doing Business | 84 place | 2019 |
| Manufacturing PMI | 45.4 index points | Sep/23 |
| Competitiveness Index | 62.44 Index Points | 2019 |
| Competitiveness Rank | 60 | 2019 |
| Composite PMI | 49.9 Index Points | Sep/23 |
| Leading Economic Index | 0.1 % | Jul/23 |
| Total Vehicle Sales | 46021 Units | 0.046 M Units | Sep/23 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | -16 index points | 3Q/23 |
| Retail Sales MoM | 0 % | Jul/23 |
| Retail Sales YoY | -1.8 % | Jul/23 |
| Consumer Spending | 3085039 ZAR Million | 163.963 USD Billion | 2Q/23 |
| Disposable Personal Income | 4449450 ZAR Million | 236.478 B USD | 2Q/23 |
| Households Debt To GDP | 34.6 % | 1Q/23 |
| Households Debt To Income | 61.9 % | 2022 |
