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Questions

Questions on the economy of South Africa

  1. What is the GDP of South Africa?

    427.1 bn$ in 2025 (IMF, current dollars): no. 1 of 53 African economies.

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  2. What is the economic growth of South Africa?

    Real GDP growth of +1.1 % in 2025 (IMF estimate). The IMF projects +1.0 % for 2026.

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  3. What GDP does the IMF project for South Africa in 2030?

    577.3 bn$ in 2030 according to the IMF projections, against 427.1 bn$ in 2025: real growth of 1.5 % a year on average.

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  4. Is South Africa a rich country?

    GDP per capita of 6,769 $ in 2025, well above the African median (1,768 $): no. 6 of 53 in Africa per person (IMF).

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  5. How many people live in South Africa?

    63.1 M inhabitants in 2025 (IMF): no. 6 in Africa by population.

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  6. What is the inflation rate in South Africa?

    3.2 % in 2025, average annual change in consumer prices (IMF). Projection for 2026: 4.4 %.

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  7. Is South Africa highly indebted?

    Public debt of 78.4 % of GDP in 2025, against a median of 53.2 % in Africa: no. 13 of 52 from the most indebted (IMF).

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  8. Is South Africa in default?

    No. Its rating is BB (S&P BB · Moody's Ba2 · Fitch BB).

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  9. What is the credit rating of South Africa?

    S&P BB · Moody's Ba2 · Fitch BB: fair rating, no. 4 of the 34 African countries rated.

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  10. What is the currency of South Africa?

    Its currency: rand (ZAR).

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  11. What does South Africa export?

    In 2024, mostly: Gold, diamonds and precious metals (33.8 %), Ores (iron, copper, cobalt, manganese…) (13.4 %), Vehicles (10.7 %). First client: China (CEPII, BACI).

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  12. Which economic communities is South Africa part of?

    SADC (Southern African Development Community).

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  13. Does South Africa have a stock exchange?

    Yes: the Johannesburg Stock Exchange, with 431 listed securities.

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  14. What share of the population of South Africa has electricity?

    90.2 % of the population in 2024 (World Bank).

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Answers written from the latest figures of the IMF, the World Bank, CEPII, the rating agencies and the IMF-World Bank debt analyses. Method and sources