Economic information

This page contains useful economic information prepared in view of the State Visit to the Republic of South Africa. Below is an overview of the most important economic indicators. For more detailed information, please consult the notes available below in English.

Economic indicators for South Africa - 2022

Economic structure (estimates)
GDP €418.9 billion
GDP GROWTH RATE 4.9%
INFLATION 4.6%
EXPORTS OF GOODS (FOB) €112.5 billion
IMPORTS OF GOODS (FOB) €93.5 billion
TRADE BALANCE €29.0 billion
POPULATION 59.4 million
UNEMPLOYMENT RATE 34.3%

 

Main clients
% of total
Main supplierS
% of total
CHINA 11.3 CHINA 20.0
UNITED STATES 10.6 GERMANY 8.2
GERMANY 7.7 UINTED STATES 7.0
JAPAN 6.7 INDIA 5.7
Main exports
% of total
PLATINUM 18.9
IRON ORES AND CONCENTRATES 8.3
GOLD 6.1
Main imports
% of total

PETROLEUM OILS AND OILS OBTAINED FROM BITUMINOUS MINERALS

8.9

CRUDE PETROLEUM OILS AND CRUDE OILS OBTAINED FROM BITUMINOUS MINERALS

5.8
MOTOR CARS AND OTHER MOTOR VEHICLES PRINCIPALLY DESIGNED FOR THE TRANSPORT OF PERSONS 3.4

 

Source: TrendEconomy + Lloyds Bank Trade

 

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