South Africa |
Gross domestic product, constant prices |
National currency |
Billions |
Source: National Statistics Office
Latest actual data: 2022
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Reporting in calendar year: Yes
Start/end months of reporting year: January/December
Base year: 2015
Chain-weighted: No
Primary domestic currency: South African rand
Data last updated: 03/2023
|
4,504.292 |
4,596.283 |
4,601.047 |
2022 |
South Africa |
Gross domestic product, constant prices |
Percent change |
|
See notes for:
Gross domestic product, constant prices (National currency).
|
4.913 |
2.042 |
0.104 |
2022 |
South Africa |
Gross domestic product, current prices |
National currency |
Billions |
Source: National Statistics Office
Latest actual data: 2022
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Reporting in calendar year: Yes
Start/end months of reporting year: January/December
Base year: 2015
Chain-weighted: No
Primary domestic currency: South African rand
Data last updated: 03/2023
|
6,192.497 |
6,638.346 |
6,982.765 |
2022 |
South Africa |
Gross domestic product, current prices |
U.S. dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
418.907 |
405.705 |
399.015 |
2022 |
South Africa |
Gross domestic product, current prices |
Purchasing power parity; international dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
872.414 |
952.598 |
990.030 |
2022 |
South Africa |
Gross domestic product, deflator |
Index |
|
See notes for:
Gross domestic product, constant prices (National currency)
Gross domestic product, current prices (National currency).
|
137.480 |
144.429 |
151.765 |
2022 |
South Africa |
Gross domestic product per capita, constant prices |
National currency |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
74,893.038 |
75,841.248 |
74,779.419 |
2022 |
South Africa |
Gross domestic product per capita, constant prices |
Purchasing power parity; 2017 international dollar |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
13,145.758 |
13,312.195 |
13,125.815 |
2022 |
South Africa |
Gross domestic product per capita, current prices |
National currency |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
102,962.888 |
109,536.433 |
113,488.755 |
2022 |
South Africa |
Gross domestic product per capita, current prices |
U.S. dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
6,965.188 |
6,694.358 |
6,485.072 |
2022 |
South Africa |
Gross domestic product per capita, current prices |
Purchasing power parity; international dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
14,505.656 |
15,718.395 |
16,090.651 |
2022 |
South Africa |
Gross domestic product based on purchasing-power-parity (PPP) share of world total |
Percent |
|
See notes for:
Gross domestic product, current prices (National currency).
|
0.590 |
0.583 |
0.567 |
2022 |
South Africa |
Implied PPP conversion rate |
National currency per current international dollar |
|
See notes for:
Gross domestic product, current prices (National currency).
|
7.098 |
6.969 |
7.053 |
2022 |
South Africa |
Total investment |
Percent of GDP |
|
Source: National Statistics Office
Latest actual data: 2022
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Reporting in calendar year: Yes
Start/end months of reporting year: January/December
Base year: 2015
Chain-weighted: No
Primary domestic currency: South African rand
Data last updated: 03/2023
|
12.798 |
15.108 |
16.146 |
2022 |
South Africa |
Gross national savings |
Percent of GDP |
|
Source: National Statistics Office
Latest actual data: 2022
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Reporting in calendar year: Yes
Start/end months of reporting year: January/December
Base year: 2015
Chain-weighted: No
Primary domestic currency: South African rand
Data last updated: 03/2023
|
16.474 |
14.629 |
13.853 |
2022 |
South Africa |
Inflation, average consumer prices |
Index |
|
Source: National Statistics Office
Latest actual data: 2022
Harmonized prices: No
Base year: 2021. CPI basket has been updated and rebased at Dec-2021=100
Primary domestic currency: South African rand
Data last updated: 03/2023
|
97.542 |
104.242 |
110.239 |
2022 |
South Africa |
Inflation, average consumer prices |
Percent change |
|
See notes for:
Inflation, average consumer prices (Index).
|
4.556 |
6.869 |
5.753 |
2022 |
South Africa |
Inflation, end of period consumer prices |
Index |
|
Source: National Statistics Office
Latest actual data: 2022
Harmonized prices: No
Base year: 2021. CPI basket has been updated and rebased at Dec-2021=100
Primary domestic currency: South African rand
Data last updated: 03/2023
|
100.182 |
107.601 |
113.340 |
2022 |
South Africa |
Inflation, end of period consumer prices |
Percent change |
|
See notes for:
Inflation, end of period consumer prices (Index).
|
5.442 |
7.406 |
5.333 |
2022 |
South Africa |
Volume of imports of goods and services |
Percent change |
|
Source: Central Bank
Latest actual data: 2022
Base year: 2010
Methodology used to derive volumes: Not applicable
Formula used to derive volumes: Not applicable
Chain-weighted: No
Trade System: General trade
Oil coverage: Primary or unrefined products;
Valuation of exports: Free on board (FOB)
Valuation of imports: Free on board (FOB)
Primary domestic currency: South African rand
Data last updated: 03/2023
|
9.494 |
14.213 |
5.897 |
2022 |
South Africa |
Volume of Imports of goods |
Percent change |
|
Source: Central Bank
Latest actual data: 2022
Base year: 2010
Methodology used to derive volumes: Not applicable
Formula used to derive volumes: Not applicable
Chain-weighted: No
Trade System: General trade
Oil coverage: Primary or unrefined products;
Valuation of exports: Free on board (FOB)
Valuation of imports: Free on board (FOB)
Primary domestic currency: South African rand
Data last updated: 03/2023
|
9.494 |
14.213 |
5.897 |
2022 |
South Africa |
Volume of exports of goods and services |
Percent change |
|
Source: Central Bank
Latest actual data: 2022
Base year: 2010
Methodology used to derive volumes: Not applicable
Formula used to derive volumes: Not applicable
Chain-weighted: No
Trade System: General trade
Oil coverage: Primary or unrefined products;
Valuation of exports: Free on board (FOB)
Valuation of imports: Free on board (FOB)
Primary domestic currency: South African rand
Data last updated: 03/2023
|
9.987 |
7.547 |
3.550 |
2022 |
South Africa |
Volume of exports of goods |
Percent change |
|
Source: Central Bank
Latest actual data: 2022
Base year: 2010
Methodology used to derive volumes: Not applicable
Formula used to derive volumes: Not applicable
Chain-weighted: No
Trade System: General trade
Oil coverage: Primary or unrefined products;
Valuation of exports: Free on board (FOB)
Valuation of imports: Free on board (FOB)
Primary domestic currency: South African rand
Data last updated: 03/2023
|
9.987 |
7.547 |
3.550 |
2022 |
South Africa |
Unemployment rate |
Percent of total labor force |
|
Source: National Statistics Office
Latest actual data: 2022
Employment type: Harmonized ILO definition
Primary domestic currency: South African rand
Data last updated: 03/2023
|
34.300 |
33.500 |
34.716 |
2022 |
South Africa |
Population |
Persons |
Millions |
Source: IFS until 2000, then National Statistics Office from 2002.
Latest actual data: 2022
Primary domestic currency: South African rand
Data last updated: 03/2023
|
60.143 |
60.604 |
61.528 |
2022 |
South Africa |
General government revenue |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2022
Notes: Gross debt does not include other accounts payable and refers to Central Government debt only. Net debt is calculated as gross debt minus government deposits.
Fiscal assumptions: Fiscal assumptions draw on the 2022 Medium Term Budget Policy Statement. Nontax revenue excludes transactions in financial assets and liabilities, as they involve primarily revenues associated with realized exchange rate valuation gains from the holding of foreign currency deposits, sale of assets, and conceptually similar items.
Reporting in calendar year: Yes. Data are converted from FY to CY by a weighted average of two FYs: 0.75*FY(t/t+1)+0.25*FY(t-1/t)=CY(t) given that a fiscal year starts in April and ends in March.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Central Government; State Government; Social Security Funds; Other;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Loans
Primary domestic currency: South African rand
Data last updated: 03/2023
|
1,679.523 |
1,838.828 |
1,923.185 |
2022 |
South Africa |
General government revenue |
Percent of GDP |
|
See notes for:
General government revenue (National currency).
|
27.122 |
27.700 |
27.542 |
2022 |
South Africa |
General government total expenditure |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2022
Notes: Gross debt does not include other accounts payable and refers to Central Government debt only. Net debt is calculated as gross debt minus government deposits.
Fiscal assumptions: Fiscal assumptions draw on the 2022 Medium Term Budget Policy Statement. Nontax revenue excludes transactions in financial assets and liabilities, as they involve primarily revenues associated with realized exchange rate valuation gains from the holding of foreign currency deposits, sale of assets, and conceptually similar items.
Reporting in calendar year: Yes. Data are converted from FY to CY by a weighted average of two FYs: 0.75*FY(t/t+1)+0.25*FY(t-1/t)=CY(t) given that a fiscal year starts in April and ends in March.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Central Government; State Government; Social Security Funds; Other;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Loans
Primary domestic currency: South African rand
Data last updated: 03/2023
|
2,023.277 |
2,136.573 |
2,335.162 |
2022 |
South Africa |
General government total expenditure |
Percent of GDP |
|
See notes for:
General government total expenditure (National currency).
|
32.673 |
32.185 |
33.442 |
2022 |
South Africa |
General government net lending/borrowing |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2022
Notes: Gross debt does not include other accounts payable and refers to Central Government debt only. Net debt is calculated as gross debt minus government deposits.
Fiscal assumptions: Fiscal assumptions draw on the 2022 Medium Term Budget Policy Statement. Nontax revenue excludes transactions in financial assets and liabilities, as they involve primarily revenues associated with realized exchange rate valuation gains from the holding of foreign currency deposits, sale of assets, and conceptually similar items.
Reporting in calendar year: Yes. Data are converted from FY to CY by a weighted average of two FYs: 0.75*FY(t/t+1)+0.25*FY(t-1/t)=CY(t) given that a fiscal year starts in April and ends in March.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Central Government; State Government; Social Security Funds; Other;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Loans
Primary domestic currency: South African rand
Data last updated: 03/2023
|
-343.754 |
-297.745 |
-411.977 |
2022 |
South Africa |
General government net lending/borrowing |
Percent of GDP |
|
See notes for:
General government net lending/borrowing (National currency).
|
-5.551 |
-4.485 |
-5.900 |
2022 |
South Africa |
General government structural balance |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2022
Notes: Gross debt does not include other accounts payable and refers to Central Government debt only. Net debt is calculated as gross debt minus government deposits.
Fiscal assumptions: Fiscal assumptions draw on the 2022 Medium Term Budget Policy Statement. Nontax revenue excludes transactions in financial assets and liabilities, as they involve primarily revenues associated with realized exchange rate valuation gains from the holding of foreign currency deposits, sale of assets, and conceptually similar items.
Reporting in calendar year: Yes. Data are converted from FY to CY by a weighted average of two FYs: 0.75*FY(t/t+1)+0.25*FY(t-1/t)=CY(t) given that a fiscal year starts in April and ends in March.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Central Government; State Government; Social Security Funds; Other;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Loans
Primary domestic currency: South African rand
Data last updated: 03/2023
|
-321.727 |
-365.801 |
-445.219 |
2022 |
South Africa |
General government structural balance |
Percent of potential GDP |
|
See notes for:
General government structural balance (National currency).
|
-5.016 |
-5.478 |
-6.352 |
2022 |
South Africa |
General government primary net lending/borrowing |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2022
Notes: Gross debt does not include other accounts payable and refers to Central Government debt only. Net debt is calculated as gross debt minus government deposits.
Fiscal assumptions: Fiscal assumptions draw on the 2022 Medium Term Budget Policy Statement. Nontax revenue excludes transactions in financial assets and liabilities, as they involve primarily revenues associated with realized exchange rate valuation gains from the holding of foreign currency deposits, sale of assets, and conceptually similar items.
Reporting in calendar year: Yes. Data are converted from FY to CY by a weighted average of two FYs: 0.75*FY(t/t+1)+0.25*FY(t-1/t)=CY(t) given that a fiscal year starts in April and ends in March.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Central Government; State Government; Social Security Funds; Other;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Loans
Primary domestic currency: South African rand
Data last updated: 03/2023
|
-81.452 |
4.220 |
-55.575 |
2022 |
South Africa |
General government primary net lending/borrowing |
Percent of GDP |
|
See notes for:
General government primary net lending/borrowing (National currency).
|
-1.315 |
0.064 |
-0.796 |
2022 |
South Africa |
General government net debt |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2022
Notes: Gross debt does not include other accounts payable and refers to Central Government debt only. Net debt is calculated as gross debt minus government deposits.
Fiscal assumptions: Fiscal assumptions draw on the 2022 Medium Term Budget Policy Statement. Nontax revenue excludes transactions in financial assets and liabilities, as they involve primarily revenues associated with realized exchange rate valuation gains from the holding of foreign currency deposits, sale of assets, and conceptually similar items.
Reporting in calendar year: Yes. Data are converted from FY to CY by a weighted average of two FYs: 0.75*FY(t/t+1)+0.25*FY(t-1/t)=CY(t) given that a fiscal year starts in April and ends in March.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Central Government; State Government; Social Security Funds; Other;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Loans
Primary domestic currency: South African rand
Data last updated: 03/2023
|
3,914.117 |
4,402.843 |
4,875.482 |
2022 |
South Africa |
General government net debt |
Percent of GDP |
|
See notes for:
General government net debt (National currency).
|
63.207 |
66.324 |
69.822 |
2022 |
South Africa |
General government gross debt |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2022
Notes: Gross debt does not include other accounts payable and refers to Central Government debt only. Net debt is calculated as gross debt minus government deposits.
Fiscal assumptions: Fiscal assumptions draw on the 2022 Medium Term Budget Policy Statement. Nontax revenue excludes transactions in financial assets and liabilities, as they involve primarily revenues associated with realized exchange rate valuation gains from the holding of foreign currency deposits, sale of assets, and conceptually similar items.
Reporting in calendar year: Yes. Data are converted from FY to CY by a weighted average of two FYs: 0.75*FY(t/t+1)+0.25*FY(t-1/t)=CY(t) given that a fiscal year starts in April and ends in March.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Central Government; State Government; Social Security Funds; Other;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Loans
Primary domestic currency: South African rand
Data last updated: 03/2023
|
4,271.487 |
4,714.271 |
5,049.149 |
2022 |
South Africa |
General government gross debt |
Percent of GDP |
|
See notes for:
General government gross debt (National currency).
|
68.978 |
71.016 |
72.309 |
2022 |
South Africa |
Gross domestic product corresponding to fiscal year, current prices |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2022
Notes: Gross debt does not include other accounts payable and refers to Central Government debt only. Net debt is calculated as gross debt minus government deposits.
Fiscal assumptions: Fiscal assumptions draw on the 2022 Medium Term Budget Policy Statement. Nontax revenue excludes transactions in financial assets and liabilities, as they involve primarily revenues associated with realized exchange rate valuation gains from the holding of foreign currency deposits, sale of assets, and conceptually similar items.
Reporting in calendar year: Yes. Data are converted from FY to CY by a weighted average of two FYs: 0.75*FY(t/t+1)+0.25*FY(t-1/t)=CY(t) given that a fiscal year starts in April and ends in March.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Central Government; State Government; Social Security Funds; Other;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Loans
Primary domestic currency: South African rand
Data last updated: 03/2023
|
6,192.497 |
6,638.346 |
6,982.765 |
2022 |
South Africa |
Current account balance |
U.S. dollars |
Billions |
Source: Central Bank
Latest actual data: 2022
BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6)
Primary domestic currency: South African rand
Data last updated: 03/2023
|
15.403 |
-1.943 |
-9.148 |
2022 |
South Africa |
Current account balance |
Percent of GDP |
|
See notes for:
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).
|
3.677 |
-0.479 |
-2.293 |
2022 |