Economy of South Africa |
Currency |
1 Rand = 100 cents |
Fiscal year |
1 April - 31 March |
Trade organisations |
WTO, SADC, SACU |
Statistics [1] |
GDP ranking |
24th (2005) [2] |
GDP |
$576.4 billion (2006) |
GDP growth |
4.5% (2006 est.) |
GDP per capita |
$13,000 (2006 est.) |
GDP by sector |
agriculture (2.6%), industry (30.3%), services (67.1%) (2006) |
Forex reserves |
$20.16 billion (February 2006) |
Inflation |
5% (2006) |
Pop below poverty line |
50% (2000) |
Labour force |
16.09 million economically active (2006 est.) |
Labour force by occupation |
services (45%), industry (25%), agriculture (30%) (1999) |
Unemployment |
25.5% (2006 est.) |
Main industries |
Mining (Platinum, Gold, Chromium, Diamonds), Automobile assembly, Metalworking, Machinery, Textile, Iron, Steel, Chemicals, Fertilizer and Foodstuffs |
Trading partners [3] |
Exports |
$59.15 billion f.o.b. (2006 est.) |
Main partners |
UK 12.6%, US 12.4%, Japan 9.2%, Germany 8.1%, the People's Republic of China 4.7%, Italy 4.4% (2003) |
Imports |
$61.53 billion f.o.b. (2006 est.) |
Main partners |
Germany 16.6%, UK 8.5%, US 8.2%, Japan 5.9%, the People's Republic of China 5.9%, Saudi Arabia 5.2%, France 5.0% (2003) |
Public finances [4] |
Public debt |
32.9% of GDP |
Revenues |
$72.15 billion (2006) |
Expenses |
$75.93 billion (2006) |
Economic aid (recipient) |
$487.5m (2000) |
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