Labor force | 25.158 million (2023 est.) |
---|---|
Industrial production growth rate | -0.15% (2023 est.) |
Industries | mining (world's largest producer of platinum, gold, chromium), automobile assembly, metalworking, machinery, textiles, iron and steel, chemicals, fertilizer, foodstuffs, commercial ship repair |
Population below poverty line | 55.5% (2014 est.) |
Taxes and other revenues | 26.11% (of GDP) (2022 est.) |
Fiscal year | |
Exchange rates | |
Currency | rand (ZAR) per US dollar - |
Exchange rates 2023 | 18.45 (2023 est.) |
Exchange rates 2022 | 16.356 (2022 est.) |
Exchange rates 2021 | 14.779 (2021 est.) |
Exchange rates 2020 | 16.459 (2020 est.) |
Exchange rates 2019 | 14.448 (2019 est.) |
Debt - external | |
Debt - external 2022 | $53.43 billion (2022 est.) |
Reserves of foreign exchange and gold | |
Reserves of foreign exchange and gold 2023 | $62.492 billion (2023 est.) |
Reserves of foreign exchange and gold 2022 | $60.553 billion (2022 est.) |
Reserves of foreign exchange and gold 2021 | $57.597 billion (2021 est.) |
Current account balance | |
Current account balance 2023 | -$6.16 billion (2023 est.) |
Current account balance 2022 | -$1.698 billion (2022 est.) |
Current account balance 2021 | $15.5 billion (2021 est.) |
Public debt | |
Public debt 2022 | 76.55% of GDP (2022 est.) |
Budget | |
Revenues | $123.264 billion (2022 est.) |
Expenditures | $136.236 billion (2022 est.) |
Budget surplus (+) or deficit (-) | |
Remittances | |
Remittances 2023 | 0.22% of GDP (2023 est.) |
Remittances 2022 | 0.22% of GDP (2022 est.) |
Remittances 2021 | 0.22% of GDP (2021 est.) |
Household income | |
Lowest 10% | 0.9% (2014 est.) |
Highest 10% | 50.5% (2014 est.) |
Average household expenditures | |
On food | 21.6% of household expenditures (2022 est.) |
On alcohol and tobacco | 5% of household expenditures (2022 est.) |
Imports | |
Imports 2023 | $123.541 billion (2023 est.) |
Imports 2022 | $127.596 billion (2022 est.) |
Imports 2021 | $104.867 billion (2021 est.) |
Imports (partners) | China 21%, Germany 9%, India 7%, US 5%, Saudi Arabia 4% (2022) |
Comodities Imports force | refined petroleum, cars, crude petroleum, vehicle parts/accessories, broadcasting equipment (2022) |
Exports | |
Imports 2023 | $123.541 billion (2023 est.) |
Imports 2022 | $127.596 billion (2022 est.) |
Imports 2021 | $104.867 billion (2021 est.) |
Exports (partners) | China 16%, US 7%, Germany 7%, India 6%, Japan 6% (2022) |
Comodities Exports force | gold, platinum, coal, cars, diamonds (2022) |
Real GDP (purchasing power parity) | |
Real GDP (purchasing power parity) 2023 | $862.981 billion (2023 est.) |
Real GDP (purchasing power parity) 2022 | $857.82 billion (2022 est.) |
Real GDP (purchasing power parity) 2021 | $841.739 billion (2021 est.) |
GDP (official exchange rate) | $377.782 billion (2023 est.) |
Real GDP Per capita | |
Real GDP per capita 2023 | $14,300 (2023 est.) |
Real GDP per capita 2022 | $14,300 (2022 est.) |
Real GDP per capita 2021 | $14,200 (2021 est.) |
GDP - composition, by sector of origin | |
Agriculture | 2.5% (2023 est.) |
Industry | 24.6% (2023 est.) |
Services | 63% (2023 est.) |
GDP - composition, by end use | |
Household consumption | 64.7% (2023 est.) |
Government consumption | 19.7% (2023 est.) |
Investment in fixed capital | 15.2% (2023 est.) |
Investment in inventories | 0.5% (2023 est.) |
Exports of goods and services | 33% (2023 est.) |
Imports of goods and services | -32.7% (2023 est.) |
Unemployment rate | |
Unemployment rate 2023 | 27.99% (2023 est.) |
Unemployment rate 2022 | 28.84% (2022 est.) |
Unemployment rate 2021 | 28.77% (2021 est.) |
Youth unemployment rate (ages 15-24) | |
Total | 49.1% (2023 est.) |
Male | 45.8% (2023 est.) |
Female | 53.2% (2023 est.) |
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