History of south africa book gdp per capita

Graph and download economic data for real gdp per capita for south africa zafngdprpcpcpppt from 2004 to 2020 about south africa, reo, per capita, real, gdp, and rate. In this chart we see this fao data on per capita caloric supply mapped by country from 1961 to 20. South africa gdp per capita ppp 19902018 data 20192020. The highest percentage composition of gdp from a sector of origin agriculture, industry or services is bolded. Njesuthi in the drakensberg at 3,408 m 11,181 ft is the highest part in south africa. Dollars economy slips into technical recession in q4 2019. Gaps in gdp per capita and productivity are large and persistent gap to the upper half of oecd countries1 gdp per capita gdp per employee gdi per capita 0 1. The 5 lowest records for sovereign countries 1 per country since 1980. Below a graph showing south africa s annual gdp per capita rand value of the south african economy per person living in it, as calculated by south african market insights. The statistic shows south africas share in the global gross domestic product gdp adjusted for purchasing power parity ppp from 2014 to 2024.

List of south african provinces by gross domestic product. South africa gross domestic product gdp per capita. Despite the theory of convergence, the us has had double south africas per capita gdp growth for over five decades. At 1,219,912 km 2 471,011 sq mi, south africa is the 25thlargest country in the world and is almost the size of colombia. Dec 20, 2019 graph and download economic data for constant gdp per capita for south africa nygdppcapkdzaf from 1960 to 2018 about south africa, per capita, real, and gdp. South africa gdp compared to brazils essay 748 words. Real gdp per capita for south africa zafngdprpcpcpppt. This entry shows gdp on a purchasing power parity basis divided by population as of 1 july for the same year. South africa and nigeria has a long way to go to uplift thousands upon thousands of citizens out of abject poverty. The gdp per capita, in south africa, when adjusted by purchasing power parity is equivalent to 68 percent of the worlds average. List of regions by past gdp ppp per capita wikipedia. Economic growth during and after apartheid and the real. Data learn how the world bank group is helping countries with covid19 coronavirus. Gdp per capita in south africa real gdp per capita in.

This is a list of african countries by gross domestic product gdp per capita based on purchasing power parity ppp. South africa is found at the southernmost region of africa, with a long coastline that reaches more than 2,500 km 1,553 mi and along two oceans the south atlantic and the indian. Browse additional economic indicators and data sets, selected by global finance editors, to learn more about south. Countries in africa are sorted according to data from the international monetary fund. Nigeria is ranked as the 22nd largest economy in the world, and they rank 42nd in terms of gdp per capita. South africa simple english wikipedia, the free encyclopedia. Gross domestic product gdp is the standard measure of the value added created through the production of goods and services in a country during a certain period. Other taxes include valueadded and capital gains taxes. The gdp per capita in south africa is equivalent to 59 percent of the worlds average. South africa is ranked as the 33rd largest economy in the world, and they rank 37th in terms of gdp per capita. On 21 april, president cyril ramaphosa announced measures to combat the economic impact of the covid19 pandemic totaling zar 500 billion about 10% of gdp, which aim to support businesses, retain employment and shield those most affected by the crisis. Table 1 demand composition percentage of gdp source.

Constant gdp per capita for south africa nygdppcapkdzaf. South africa gdp per capita ppp 19902018 data 2019. South african reserve bank provides gdp per capita in local currency. For estimations of percapita gdp in history, see list of regions by past gdp ppp per capita. So all the external debt of african countries at the end of the 20th century could be. The economy sunk into a technical recession for the second time in two years in the fourth quarter of last year, as had been expected by market analysts. South africa gdp per capita data is updated yearly, available from dec 1957 to dec 2019, with an average number of 2,852. Between 2011 and 2018, gdp per capita in south africa was decreasing on average by 1. Mining, manufacturing and transport were the biggest drags on growth in gross domestic product gdp.

Per capita gdp growth has proved mediocre, though improving, growing by 1. Total % of gdp 20102016 south africa red, oecd total black total % of gdp 2018 oecd total black longterm interest rates indicator. All africa antarctica australia oceania central america central asia east asiasoutheast asia europe middle east north america oceans south america south asia. Below a graph showing south africas annual gdp per capita rand value of the south african economy per person living in it, as calculated by south african market insights. List of south african provinces by gross domestic product per. African countries by gdp ppp per capita in 2017 this is a list of african countries by gross domestic product gdp per capita based on purchasing power parity ppp. According to the world bank, changes in the terms of trade cost nonoil producing african states excluding south africa a total of 119 percent of their annual gdp between 1970 and 1997. In this chart we see the average daily supply of calories measured in kilocalories per person per day by world region, from 1961 to 20. It is calculated without making deductions for depreciation. In 2018, gdp per capita for south africa was 6,354 us dollars. The statistic shows gross domestic product gdp per capita in south africa from 1984 to 2018, with projections up until 2024. Gdp ppp per capita and total gdp estimate values are given in international dollars.

South africa is an exportbased country as it is rich in natural resources. Statistics south africa stats sa disseminates quarterly data on gdp compiled according to the production approach gva. Gdp nominal and gdp ppp per capita of african countries by imf. South africa does not publish official house price statistics, but absa group releases good house price data. World economics makes available of worlds most comprehensive gdp database covering over countries with historical gdp ppp data from 18702018, building on the lifetimes work of angus maddison. List of african countries by gdp ppp per capita wikipedia. South africa gdp per capita is at a current level of 6151. World and regional statistics, national data, maps, rankings world data atlas. Gdp per capita ppp countryeconomy gdp per capita int.

Gdp per capita ppp compares gdp on a purchasing power parity basis divided by. This is a list of african countries by gross domestic product gdp per capita based on. Total % per annum sep2018apr2020 south africa red total % per annum mar2020 south africa red pension. The south african automotive industry accounts for about 10% of south africas manufacturing exports, contributes 7. Differences between gdp compiled for the production approach and gdp compiled from the expenditure approach by the sarb are allocated to a statistical discrepancy item in the expenditurebased estimates. Oct 21, 2019 graph and download economic data for real gdp per capita for south africa zafngdprpcpcpppt from 2004 to 2020 about south africa, reo, per capita, real, gdp, and rate. Real gdp per capita increased by 72% in south africa over the entire period from 1960 to 20, which sounds impressive until you realise that the us managed 189%. Barriers to entrepreneurship are high, 2008 index scale of 06 from least to most restrictive legal barriers regulatory and administrative.

S dollars per person, for the latest year for which data is published. South africa nominal gross domestic product moodys. Jan 22, 2015 the east rand ekurhuleni, in gauteng, is the topperforming major metropolitan area in south africa in 2014, in terms of gdp per capita and employment growth. Gdp is the total value of all goods and services produced in a. South africa share in global gross domestic product gdp.

This article lists the provinces of south africa by their gross regional domestic product gdp per capita. This page provides south africa gdp per capita ppp actual values, historical data, forecast, chart, statistics, economic calendar and news. South africa gross domestic product gdp per capita 2024. Gdp is the sum of gross value added by all resident producers in the. Gdp per capita in south africa real gdp per capita in south. Gross domestic product gdp is the market value of all final goods and services from a nation in a given year. These are lists of regions and countries by their estimated real gross domestic product gdp in terms of purchasing power parity ppp, the value of all final goods and services produced within a.

Gdp is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Government unveils stimulus to contain the impact of covid19 amid a dire fiscal outlook. In his 1995 book economics and world history, economic historian paul bairoch gave the following estimates in terms of 1960 us dollars, for gnp per capita from 1750 to 1990, comparing what are today the third world asia, africa, latin america and the first world western europe, northern america, japan, singapore and south korea. The south african economy fell back into the mostly unfree category in 2019 after 24 years in the ranks of the moderately free. World bank national accounts data, and oecd national accounts data files. The gross domestic product gdp annual growth rate year on year slowed to 1. List of african countries by gdp nominal wikipedia. The gross domestic product per capita in south africa was last recorded at 7432. Gdp per capita is gross domestic product divided by midyear population. Country report 2017 includes south africa real gross domestic product growth rate, with latest forecasts and historical data, gdp per capita, gdp composition and breakdown by sector.

The figures presented here do not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the. Gdp and spending gross domestic product gdp oecd data. The gross domestic product gdp per capita is the national output, divided by the population, expressed in u. Authors estimates and predictions based on south africa reserve bank data. List of african countries by gdp per capita statisticstimes. Beyond south africa, cgidd is the worlds most detailed economic and demographic database for gdp and income distribution data.

Africa south africa the world factbook central intelligence. South africas economic history south african market insights. For nearly 150 years, gdp per person in the us economy has grown at a remarkably steady average rate of around 2% per year. In 20, we see that most countries across europe, oceania and north america have per capita supplies greater than 3100 kcalpersonday. For the period since 1946, real gdp per capita is taken from south. By country listing of the values for the gdp per capita ppp field. Gdp growth has been anemic for the past five years.

South africa gdp per capita 19602018 data 20192020. The gross domestic product per capita in south africa was last recorded at 12143. Dependent territories not sovereign states have their names in italics and. Gdp per capita ppp compares gdp on a purchasing power parity basis divided by population as of 1 july for the same year. As such, it also measures the income earned from that production, or the total amount spent on final goods and services less imports. The dataset covers 2 countries, 697 subdivisions states, provinces, etc. Mar 04, 2020 gdp in the fourth quarter of 2019 decreased by 1,4%. Annual production in 2007 was 535,000 vehicles, out of a global production of 73 million units in the same year.

The percentage change in gdp per capita for the latest 5 years for which data is published. South africa vs world south african market insights. The east rand ekurhuleni, in gauteng, is the topperforming major metropolitan area in south africa in 2014, in terms of gdp per capita and employment growth. Field listing gdp per capita ppp the world factbook. Browse additional economic indicators and data sets, selected by.

This data is annually available and is updated by the fao, extending back until 1961. After rebounding by a revised 3,2%1 in the second quarter of 2019, activity in the south african economy slipped slightly in the third quarter. Gdp in the fourth quarter of 2019 decreased by 1,4%. Nov 25, 2019 the statistic shows south africa s share in the global gross domestic product gdp adjusted for purchasing power parity ppp from 2014 to 2024. As can be seen from the graph during thabo mbekis tenure south africans enjoyed a surge in gdp per capita, while more recently the gdp per capita has remained relatively flat hardly any growth from 2010 to 2015. South africa gdp per capita 19602018 data historical chart.