|
GDP of South Africa (purchasing
power parity):
|
$533.2 billion (2005 est.)
|
|
GDP of South Africa (official
exchange rate):
|
$187.3 billion (2005 est.)
|
|
GDP of South Africa- real
growth rate:
|
4.9% (2005 est.) |
|
GDP of South Africa- per
capita (PPP):
|
$12,000 (2005 est.) |
|
GDP of South Africa-
composition by sector:
|
agriculture:
3.4%
industry: 31.6%
services: 65.1% (2005 est.) |
|
Labor force:
|
15.23 million economically active
(2005 est.) |
|
Labor force of South Africans
- by occupation:
|
agriculture:
30%
industry: 25%
services: 45% (1999 est.) |
|
Unemployment rate:
|
25.2% (2005 est.) |
|
Population of South Africans
below poverty line:
|
50% (2000 est.) |
|
Household income or
consumption by percentage share:
|
lowest 10%:
1.1%
highest 10%: 45.9% (1994) |
|
Distribution of South African
family income - Gini index:
|
59.3 (1995) |
|
Inflation rate (consumer
prices):
|
4.6% (2005 est.) |
|
Investment (gross fixed):
|
17.9% of GDP (2005 est.) |
|
Budget of South Africa:
|
revenues:
$65.91 billion
expenditures: $70.62 billion; including capital expenditures
of $NA (2005 est.) |
|
Public debt of South Africans:
|
37.7% of GDP (2005 est.) |
|
Agriculture - products:
|
corn, wheat, sugarcane, fruits,
vegetables; beef, poultry, mutton, wool, dairy products |
|
Industries in South Africa:
|
mining (world's largest producer of
platinum, gold, chromium), automobile assembly, metalworking,
machinery, textiles, iron and steel, chemicals, fertilizer,
foodstuffs, commercial ship repair |
|
Industrial production growth
rate:
|
4.5% (2005 est.) |
|
Electricity - production:
|
215.9 billion kWh (2003) |
|
Electricity in South Africa-
production by source:
|
fossil fuel:
93.5%
hydro: 1.1%
nuclear: 5.5%
other: 0% (2001) |
|
Electricity - consumption:
|
197.4 billion kWh (2003) |
|
Electricity - exports:
|
10.14 billion kWh (2003) |
|
Electricity - imports:
|
6.739 billion kWh (2003) |
|
Oil production by South
Africa:
|
216,700 bbl/day (2003 est.)
|
|
Oil consumption by South
Africans:
|
484,000 bbl/day (2003 est.)
|
|
Oil - exports:
|
NA bbl/day |
|
Oil - imports:
|
NA bbl/day |
|
Oil - proved reserves:
|
7.84 million bbl (1 January 2002)
|
|
Natural gas - production:
|
2.35 billion cu m (2003 est.)
|
|
Natural gas - consumption:
|
2.35 billion cu m (2003 est.)
|
|
Natural gas - exports:
|
0 cu m (2001 est.) |
|
Natural gas - imports:
|
0 cu m (2001 est.) |
|
Natural gas - proved reserves:
|
28.32 million cu m (1 January 2002)
|
|
Current account balance:
|
$-9.584 billion (2005 est.)
|
|
Exports of South Africa:
|
$50.91 billion f.o.b. (2005 est.)
|
|
Exports - commodities:
|
gold, diamonds, platinum, other
metals and minerals, machinery and equipment |
|
Exports partners of South
Africa:
|
US 10.2%, UK 9.2%, Japan 9%, Germany
7.1%, Netherlands 4% (2004) |
|
Imports by South Africans:
|
$52.97 billion f.o.b. (2005 est.)
|
|
Imports - commodities:
|
machinery and equipment, chemicals,
petroleum products, scientific instruments, foodstuffs |
|
Imports partners of South Africa:
|
Germany 14.2%, US 8.5%, China 7.5%,
Japan 6.9%, UK 6.9%, France 6%, Saudi Arabia 5.6%, Iran 5% (2004)
|
|
Reserves of foreign exchange
and gold of South Africa:
|
$20.16 billion (2005 est.)
|
|
Debt external of South Africa:
|
$44.33 billion (30 June 2005 est.)
|
|
Economic aid - recipient:
|
$487.5 million (2000) |
|
Currency of South Africa(code):
|
rand (ZAR) |
|
Currency code of South Africa:
|
ZAR |
|
Exchange rates:
|
rand per US dollar - 6.3593 (2005),
6.4597 (2004), 7.5648 (2003), 10.5407 (2002), 8.6092 (2001)
|
|
Fiscal year in South Africa:
|
1 April - 31 March |
Economy
of South Africa
South Africa is a middle-income,
emerging market with an abundant supply of natural resources;
well-developed financial, legal, communications, energy, and
transport sectors. 