Find Out, Online tool for visualization and analysis. To learn more about cookies, click here. What is South Africa GDP per capita by purchasing power parity? The GDP per Capita in South Africa is equivalent to 58 percent of the world's average. The economy plunged deeper into recession in the second quarter, with GDP nosediving 51.0% at a seasonally-adjusted annualized rate (SAAR). Gross Savings Rate of South Africa was measured at 10.700 % in Jun 2020. CEIC converts annual GDP per Capita into USD. … US dollars/capita 2017 South Africa US dollars/capita: Total US dollars/capita 1998-2017 South Africa (red), OECD - Total (black) Total US dollars/capita 2018: Trade in goods and services Indicator: 29.9 Exports % of GDP 2019 South Africa % of GDP: Exports % of GDP 2000-2019 South Africa (red) Exports % of GDP 2019 South Africa (red)

The Northern Cape, North West Province, Mpumalanga and Free State all have GDP per capita of just over R50,000. Its GDP deflator (implicit price deflator) increased 2.162 % in Jun 2020. The Gross Domestic Product per capita in South Africa was last recorded at 7346 US dollars in 2019. Fixed investment plummeted 59.9% SAAR in Q2, well below the 18.6% decrease logged in Q1, amid elevated uncertainty and depressed business sentiment. Federal Reserve Board average market exchange rate is used for currency conversions.In the latest reports, South Africa's GDP contracted 17.213 % YoY in Jun 2020. * All products require an annual contract; Prices do not include sales tax. South Africa GDP (Gross Domestic Product) was INT$676.30billion for 2019 in PPP terms.

The fall, which was notably below the first quarter’s 1.8% decline, marked the worst result since records began in the early 1990s and the fourth consecutive quarter of contraction. My Cart

1960-2019 Data | 2020-2022 Forecast | Historical | Chart. Download historical data for 20 million indicators using your browser. As the colony increased in size, with the arrival of French Huguenots and German citizens, some of the colonists were set free to pursue commercial farming, leading to the dominance of agriculture in the economy. Find Out South Africa - GDP per capita (U.S. 12482: 2019 07.07.2020: 12143: 2018 29.10.2019: 12295: 2017 04.07.2019: Historical … Dollars) GDP records largest drop on record in Q2. Data. South Africa's GDP Per Capita reached 6,130.300 USD in Dec 2019, compared with 6,509.037 USD in Dec 2018. South Africa's GDP Per Capita reached 6,130.300 USD in Dec 2019, compared with 6,509.037 USD in Dec 2018. And it is not … South Africa GDP (Gross Domestic Product) was INT$676.30billion for 2019 in PPP terms. About The Trading Economics Application Programming Interface (API) provides direct access to our data. In 2021, GDP is seen growing 3.4%. The Western Cape has the second highest GDP per capita, with R72,031 per person. Learn more about how Statista can support your business. Home > Countries > South Africa > GDP per capita (USD), The economy plunged deeper into recession in the second quarter, with GDP nosediving 51.0% at a seasonally-adjusted annualized rate (SAAR). GDP per capita, PPP (current international $), GDP per capita, PPP (constant 2017 international $), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. | South Africa GDP per capita | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed, South Africa: Manufacturing activity decreases at sharper pace in August, South Africa: PMI increases to 11-month high in September, albeit remaining in contractionary terrain, South Africa: Inflation recedes in August, South Africa: Rand hits six-month high in September amid higher risk appetite, South Africa: SARB stands pat in September. Then you will be able to mark statistics as favourites and use personal statistics alerts. There is no data available for your selected dates. Data published Yearly by World Bank. More importantly, we believe uncertainty around the broader growth outlook have risen, not so much due to the initial external shock, but rather returning electricity cuts, fears of a second COVID-19 wave at year-end in South Africa and as fiscal policy could shift to a sharply negative impulse in coming quarters.”. facts. The South African rand (ZAR) gained considerable ground against the U.S. dollar in recent weeks, largely reflecting improved risk appetite and a turnaround in investor sentiment amid the easing of Covid-19-induced lockdown restrictions. World Bank national accounts data, and OECD National Accounts data files. Consumer prices rose 0.17% from the previous month in August, coming in below the 1.31% rise logged in July and marking the softest rise in prices since May. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Big Mac index - global prices for a Big Mac 2020, Profit from additional features with an Employee Account. South Africa: Gross domestic product (GDP) per capita in current prices from 1984 to 2024 (in U.S. dollars) [Graph]. Client Log In, Facebook South African Reserve Bank provides GDP per Capita in local currency. Moreover, household consumption fell 49.8%, contrasting Q1’s 0.2% increase as the unemployment rate climbed and consumers held off on non-essential spending. Manufacturing output decreased 10.8% year-on-year in August, down from the 10.2% decline logged in July. South Africa GDP Per Capita data is updated yearly, available from Dec 1957 to Dec 2019, with an average number of 2,852.965 USD. Click on the button below to get started.

South Africa GDP Per Capita data is updated yearly, available from Dec 1957 to Dec 2019, with an average number of 2,852.965 USD. For example, GDP per capita does not take into account income distribution in a country.

Moreover, the reading came in below market analysts’ expectations of a 47.3% decrease. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. and over 1 Mio. All rights reserved. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. October 11, 2019. If correct, then the output gap may be more sharply negative in 2Q, but likely narrower in 2H20 and 1H21 than the SARB outlined at its last meeting. Online Store LinkedIn Please create an employee account to be able to mark statistics as favorites. $39 per month* Commenting on the outlook for the South African economy, Sonja Keller and Sthembiso E Nkalanga, analysts at JPMorgan, reflected: “The 2Q GDP outturn was worse that the SARB’s predicted 40% ar nosedive, but our set of alternative data track an even sharper 3Q bounce than SARB has penciled in. South Africa … - … Twitter

Please contact us to get started with full access to dossiers, forecasts, studies and international data. Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. GDP per capita PPP (purchasing power parity) in South Africa decreased to 12482 USD in 2019. This feature is limited to our corporate solutions. Direct access to our calendar releases and historical data. Directly accessible data for 170 industries from 50 countries Date. Publish your articles and forecasts in our website. The Gross Domestic Product per capita in South Africa was last recorded at 12481.80 US dollars in 2019, when adjusted by purchasing power parity (PPP). However, GDP per capita has some known weaknesses. Press Corporate solution including all features.

Register in seconds and access exclusive features. On an annual basis, GDP plummeted 17.1% in Q2, contrasting the previous period's 0.1% expansion. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook South Africa Shares Drop for 5th Day, Post Biggest Monthly Drop in 7 Months, South Africa Trade Surplus Narrows in September, South Africa September Producer Inflation at 6-Month High, South Africa Private Credit Growth Below Estimates, South Africa Budget Deficit to Hit Record High, South Africa Business Cycle Indicator Rises for 3rd Month, South Africa Building Permits Value Continues to Fall, South Africa Retail Sales Fall Less in August, TSX Drops on Friday, Books 4.5% Weekly Loss, Brent Crude Down for 3rd Day to Book Biggest Weekly Loss since April, WTI Crude Tumbles 11% in October on Demand Concerns, Kenya October Inflation Rate at 5-Month High of 4.84%. IMF. […] These set of indicators point to an about 55% bounce in 3Q. Then you can access your favorite statistics via the star in the header. GDP per Capita in South Africa (with a population of 57,009,756 people) was $7,487 in 2017, a decrease of $8 from $7,495 in 2016; this represents a change of-0.1% in GDP per capita. Gauteng has the highest rates of GDP per capita, with the Eastern Cape having the lowest. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Due to the high level of uncertainty in current global economic conditions, the IMF does not offer projections for this economic indicator at this time. The Trading Economics Application Programming Interface (API) provides direct access to our data. The most complete set of 5.5 million time series covering more than 200 economies, compiled from 1500 sources worldwide. (October 11, 2019).

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