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 | 419 USD Billion | 2021 |
| GDP Annual Growth Rate | 0.9 % | 4Q/22 |
| GDP Growth Rate | -1.3 % | 4Q/22 |
| GDP per capita | 5948 USD | 2021 |
| Inflation Rate YoY | 7 % | Feb/23 |
| Interest Rate | 7.75 % | Mar/23 |
| Unemployment Rate | 32.7 % | 4Q/22 |
| Wages | 26032 ZAR/Month | 1464.962 USD/Month | 4Q/22 |
| Balance of Trade | 16134 ZAR Million | 0.908 B USD | Feb/23 |
| Current Account | -173997 ZAR Million | -9.792 B USD | 4Q/22 |
| Foreign Exchange Reserves | 61020 USD Million | 61.02 B USD | Feb/23 |
| Government Debt | 75360 USD Million | 75.36 B USD | 4Q/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 419 USD Billion | 2021 |
| GDP Annual Growth Rate | 0.9 % | 4Q/22 |
| GDP Growth Rate | -1.3 % | 4Q/22 |
| GDP per capita | 5948 USD | 2021 |
| Gross National Product | 4591413 ZAR Million | 258.384 USD Billion | 4Q/22 |
| GDP Constant Prices | 4570574 ZAR Million | 257.211 B USD | 4Q/22 |
| GDP per capita PPP | 13312 USD | 2021 |
| GDP From Agriculture | 140850 ZAR Million | 7.926 B USD | 4Q/22 |
| GDP From Construction | 109470 ZAR Million | 6.16 B USD | 4Q/22 |
| GDP From Manufacturing | 513188 ZAR Million | 28.88 B USD | 4Q/22 |
| GDP From Mining | 199306 ZAR Million | 11.216 B USD | 4Q/22 |
| GDP From Public Administration | 366936 ZAR Million | 20.649 B USD | 4Q/22 |
| GDP From Services | 1096200 ZAR Million | 61.689 B USD | 4Q/22 |
| GDP From Transport | 373100 ZAR Million | 20.996 B USD | 4Q/22 |
| GDP From Utilities | 97570 ZAR Million | 5.491 B USD | 4Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 67.4 % | 2022 |
| Government Budget Value | 9962 ZAR Million | 0.561 USD Billion | Feb/23 |
| Government Spending | 896814 ZAR Million | 50.469 USD Billion | 4Q/22 |
| Government Debt | 75360 USD Million | 75.36 USD Billion | 4Q/22 |
| Government Revenues | 176019 ZAR Million | 9.906 USD Billion | Feb/23 |
| Fiscal Expenditure | 166057 ZAR Million | 9.345 B USD | Feb/23 |
| Government Budget to GDP | -4.2 % | 2022 |
| Military Expenditure | 3266 USD Million | 3.266 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 108 index points | Feb/23 |
| Export Prices | 173 index points | 4Q/22 |
| Food Inflation | 13.6 % | Feb/23 |
| Gasoline Prices | 1.24 USD/Liter | Mar/23 |
| Import Prices | 165 index points | 4Q/22 |
| Inflation Rate YoY | 7 % | Feb/23 |
| Producer Prices | 126 index points | Feb/23 |
| Inflation Rate Mom | 0.7 % | Feb/23 |
| Core Consumer Prices | 106 Index Points | Feb/23 |
| Core Inflation Rate | 5.2 % | Feb/23 |
| CPI Housing Utilities | 104 Index Points | Feb/23 |
| CPI Transportation | 111 Index Points | Feb/23 |
| Inflation Expectations | 5.84 % | 1Q/23 |
| Producer Prices Change | 12.2 % | Feb/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -0.5 % | 2022 |
| Weapons Sales | 48 USD Million | 2022 |
| Balance of Trade | 16134 ZAR Million | 0.908 USD Billion | Feb/23 |
| Current Account | -173997 ZAR Million | -9.792 USD Billion | 4Q/22 |
| Exports | 154295 ZAR Million | 8.683 USD Billion | Feb/23 |
| External Debt | 164621 USD Million | 164.621 USD Billion | 4Q/22 |
| Foreign Exchange Reserves | 61020 USD Million | 61.02 USD Billion | Feb/23 |
| Imports | 138161 ZAR Million | 7.775 USD Billion | Feb/23 |
| Terms of Trade | 105 Index Points | 4Q/22 |
| Tourist Arrivals | 824868 Persons | 0.825 Million Persons | Feb/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 11.25 % | Mar/23 |
| Gold Reserves | 125 Tonnes | 4Q/22 |
| Interbank Rate | 7.58 % | Mar/23 |
| Interest Rate | 7.75 % | Mar/23 |
| Loans to Private Sector | 4489329 ZAR Million | 252.639 USD Billion | Feb/23 |
| Money Supply M0 | 361051 ZAR Million | 20.318 USD Billion | Feb/23 |
| Money Supply M1 | 2519243 ZAR Million | 141.772 USD Billion | Feb/23 |
| Money Supply M2 | 3978818 ZAR Million | 223.91 USD Billion | Feb/23 |
| Money Supply M3 | 4879494 ZAR Million | 274.596 USD Billion | Feb/23 |
| Central Bank Balance Sheet | 1185006 ZAR Million | 66.687 B USD | Feb/23 |
| Deposit Interest Rate | 5.81 % | Jan/23 |
| Foreign Direct Investment | 66958 ZAR Billion | 3768.091 B USD | 4Q/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Retirement Age Men | 60 | 2022 |
| Retirement Age Women | 60 | 2022 |
| Unemployment Rate | 32.7 % | 4Q/22 |
| Wages | 26032 ZAR/Month | 1464.962 USD/Month | 4Q/22 |
| Youth Unemployment Rate | 61 % | 4Q/22 |
| Employed Persons | 15934 Person | 0.016 Million Person | 4Q/22 |
| Employment Rate | 39.4 % | 4Q/22 |
| Labor Force Participation Rate | 58.5 % | 4Q/22 |
| Living Wage Family | 11300 ZAR/Month | 655.744 USD/Month | 2018 |
| Living Wage Individual | 6570 ZAR/Month | 381.26 USD/Month | 2018 |
| Unemployed Persons | 7753 Thousand Persons | 7.753 Million Persons | 4Q/22 |
| Wages High Skilled | 22600 ZAR/Month | 1311.488 USD/Month | 2018 |
| Wages in Manufacturing | 22517 ZAR/Month | 1267.154 USD/Month | 4Q/22 |
| Wages Low Skilled | 4380 ZAR/Month | 254.173 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 28 % | 2022 |
| Personal Income Tax Rate | 45 % | 2023 |
| Sales Tax Rate | 15 % | 2021 |
| Social Security Rate | 2 % | 2022 |
| Social Security Rate For Companies | 1 % | 2022 |
| Social Security Rate For Employees | 1 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 1 BBL/D/1K | Feb/19 |
| Electricity Production | 18024 GWh | Jan/23 |
| Industrial Production | -3.7 % | Jan/23 |
| Mining Production | -1.9 % | Jan/23 |
| Steel Production | 292 Thousand Tonnes | Dec/20 |
| Industrial Production (MoM) | 1.1 % | Jan/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Bankruptcies | 162 companies | Feb/23 |
| Business Confidence | 36 index points | 1Q/23 |
| Corruption Index | 43 index points | 2022 |
| Corruption Rank | 72 place | 2022 |
| Ease of Doing Business | 84 place | 2019 |
| Manufacturing PMI | 48.8 index points | Feb/23 |
| Competitiveness Index | 62.44 Index Points | 2019 |
| Competitiveness Rank | 60 | 2019 |
| Composite PMI | 50.5 Index Points | Feb/23 |
| Leading Economic Index | -0.1 % | Jan/23 |
| Total Vehicle Sales | 45352 Units | 0.045 M Units | Feb/23 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | -23 index points | 1Q/23 |
| Retail Sales MoM | 1.5 % | Jan/23 |
| Retail Sales YoY | -0.8 % | Jan/23 |
| Consumer Spending | 3076029 ZAR Million | 173.105 USD Billion | 4Q/22 |
| Disposable Personal Income | 4335366 ZAR Million | 243.975 B USD | 4Q/22 |
| Households Debt To GDP | 34.1 % | 3Q/22 |
| Households Debt To Income | 62.6 % | 2022 |
