Indicators of economy in South Africa

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.922 US Dollar per capita. In contrast, the GDP in South Africa reached 5.091 US dollars per inhabitant, or 301.92 bn US Dollar in the whole country. South Africa is therefore currently ranked 39 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then South Africa is in the list of the world's richest countries in place 93.

Inflation in South Africa was in 2020 at around 3.22%. For the the EU, the average of the same was year at 0.51%.

Compared to Germany, the prices for convenience goods are approximately 53.18% lower.
The Corruption Perceptions Index for the public sector counts 44 and is compared to other countries bad.


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