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Home >> World Economy >>South Africa Economy

South Africa Economy

South Africa Economic Profile, South African Economy, Economy of South Africa


Economic Indicators Economic Structure Of South Africa Export & Import Insurance Mortgage Stock
 


South Africa is a lower middle-income country coming under the Sub-Saharan Africa region,



according to the classification made by the World Bank on the basis of income and region for the year 2005.

The country has a total surface area of 1.2 million square kilometer in the year 2004 with a total forest area of 92,030.0 square kilometer.

DEMOGRAPHY AND SOCIAL INDICATORS
The total population of the country as of the year 2004 has reached at 45.5 million with an annual growth rate of -0.7% for the same year. A negative growth rate of population is marked in the year 2004.

The following diagram gives a clear picture upon the rate of growth of the population of the country.

Demography And Social Indicators


The life expectancy rate at birth years in the country has reached at 44.6 in the year 2004. The infant mortality rate per one thousand life births in the country was 54.0 in 2004. Under the age of 5, the mortality rate (per 1,000) was 67.0 in the same year.

The literacy rate, adult total (% of people ages 15 and above) was 82.4.

KEY ECONOMIC INDICATORS
The Gross National Income atlas method of the country as of the year 2005 has reached at 165.3 billion in current US $ with a per capita of 3,630.0 in current US $.

The Gross Domestic Product in the country in 2004 was 212.8 billion in current US $ with an annual percentage growth rate of 3.7.

The following diagram represents the annual percentage growth rate of GDP in the country.

Key Economic Indicators