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South Africa - ECONOMIC INDICATORS
Economic forecasts - General economic indicators - Investments - Foreign Trade


Economic forecasts


 
Indicators
2005
2006
GDP (USD billion)
234.125  
248.289  
Real GDP growth (constant prices)
4.3 % 
3.9 %
GDP per capita (USD)
4992.898  
5250.195  
Inflation rate
3.9 % 
5.3 % 
Source : IMF - 2005 data


General economic indicators

Indicators 2002 2003 2004
GDP (USD billion) 110.5   165.4   212.8  
Real GDP growth (constant prices) 3.6 % 2.8 % 3.7 %
GDP per capita (USD) 3118   3171   3307  
Inflation rate 9.2 % 5.9 % 1.6 %
Unemployment rate 30.7%   28.4%   ..  
External debt (USD billion) 25   28   ..  
Rand rate on 12/31 (1 US$)   8.6585   6.6518   5.6844  
Sources : IMF - 2005 data, World bank, Oanda


GDP per activity sector 2002 2003 2004
Agriculture and fishing 4.1%   3.8%   3.8%  
Industry and mining 32.2%   31.0%     31.0%  
Services 63.7%   65.2%     65.2%  
Sources : World bank


Investments


FDI inflows (USD million) 2002 2003 2004 World rank
Foreign Direct Investments (F.D.I.) 757   720   585   80 / 197
Source : UNCTAD "World Investment Report 2005 "


Foreign Trade


General indicators


Indicators (USD billion) 2002 2003 2004
Imports of goods (f.o.b.) 27.0   35.3   48.5  
Export of goods (f.o.b) 31.8   38.6   48.4  
Trade balance 4.8   3.3   -0.1  
Balance of payments 0.7   -2.6   -7.0  
Sources : World bank, IMF


Indicators 2002 2003 2004
Share of foreign trade in GDP 63.8%   54.6%   54.6%  
Share of imports in GDP 30.0%   26.4%   26.4%  
Share of exports in GDP 33.8%   28.2%   28.2%  
Imports of goods and services (percent change) 3.4%   9.7%   2.6%  
Exports of goods and services (percent change) -0.8%   -0.5%   2.6%  
Sources : World bank, IMF


Trade in goods/services by major category


2003 Imports Exports
Total Trade in Goods (USD billion):     35.3     38.6    
Agricultural raw materials 1%   3%  
Food products 5%   10%  
Hydrocarbons 12%   10%  
Manufactured products (chemicals, machines,...) 70%   58%  
Ores and metals 2%   19%  
Other goods 10%   0%  


2003 Imports Exports
Total Trade in Services (USD billion): 8   8  
Transport 44%   17%  
Tourisme 37%   71%  
Other services (insurance, financial services, telecommunications,...) 19%   12%  
Source : World Bank


Trade Data, by HS Code :
Source : www.intracen.org, last available data


Trade by partner countries



Main clients
(% of exports)
2004
USA   11.6%  
United Kingdom   10.5%  
Japan   10.2%  
Germany   8%  
Netherlands   4.6%  

Main suppliers
(% of imports)
2004
Germany   14.2%  
USA   8.6%  
China   7.5%  
Japan   6.8%  
United Kingdom   6.8%  
Source : COMTRADE


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Last modified in October 2005
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