South AfricaSouth Africa, located in the region of Sub-Saharan Africa , is an internationally classified economy with a "Upper middle income" income level. It is home to a demographic force of approximately 64.7 million inhabitants.
From a quantitative perspective, With a Misery Index piercing the 12-point barrier, the domestic economy faces notable frictions, limiting the maneuvering room for its monetary authorities. A sustained disinflationary cycle stands out positively, reducing the CPI by 2.9 points from its recent peaks. Despite its individual figures, it presents a notable competitive lag compared to the average of Sub-Saharan Africa (4.1%).
Delving deeper into its institutional metrics, Monetary policy operates in neutral territory, balancing the official rate with the CPI. On the fiscal front, sovereign leverage has accelerated (+8.7 points recently), reducing fiscal space.
With a per capita income of $6,598, the country attempts to navigate the 'middle-income trap' by sophisticating its productive matrix. The socioeconomic fabric presents notable asymmetries (Gini Index of 54.1 and unemployment at 32.4%), elevating the risk of institutional instability. Foreign investment flows (FDI) remain depressed at around -0.5%, limiting technological transfer. Its central bank backs liquidity with strong international reserves (over $76B), offering a shield against external shocks.
5.00%
8.70%
+3.70%
$0.43T
+1.11%
Data from 2025
3.2%
Data from 2025
GDP per Capita
$6,598
YEAR 2025
Unemployment
32.4%
YEAR 2025
Debt to GDP
82.8%
YEAR 2024
Active Population
64.7M
YEAR 2025
Population > 65 Years
6.9%
YEAR 2025
Gini IndexMeasures income inequality. 0 is total equality, 100 is extreme inequality.
54.1
YEAR 2022
Exports (% GDP)
31.4%
YEAR 2025
Imports (% GDP)
29.5%
YEAR 2025
FDI (% GDP)Foreign Direct Investment. Foreign capital productively invested in this economy.
-0.5%
YEAR 2025
| Year | GDP (USD) | Growth (%) | Inflation (%) | Unemployment (%) | Debt/GDP (%) | Exports (%GDP) | Imports (%GDP) | FDI (%GDP) |
|---|---|---|---|---|---|---|---|---|
| 2025 | $427.18B | 1.11 | 3.21 | 32.39 | --- | 31.41 | 29.50 | -0.51 |
| 2024 | $401.14B | 0.53 | 4.36 | 32.28 | 82.76 | 31.79 | 29.85 | 0.58 |
| 2023 | $381.44B | 0.81 | 6.08 | 32.10 | 79.41 | 33.25 | 32.43 | 1.01 |
| 2022 | $407.60B | 2.06 | 7.04 | 33.27 | 76.23 | 33.54 | 31.41 | 2.27 |
| 2021 | $419.99B | 4.86 | 4.62 | 34.01 | 74.08 | 31.19 | 24.97 | 9.68 |
| 2020 | $337.97B | -6.17 | 3.23 | 29.22 | 75.73 | 27.58 | 23.18 | 0.93 |
| 2019 | $389.33B | 0.26 | 4.10 | 28.47 | 64.59 | 27.20 | 26.70 | 1.31 |
| 2018 | $405.26B | 1.56 | 4.51 | 26.91 | 59.10 | 27.50 | 26.99 | 1.37 |
| 2017 | $381.45B | 1.16 | 5.19 | 27.04 | 56.26 | 27.34 | 26.20 | 0.54 |
| 2016 | $323.59B | 0.66 | 6.60 | 26.54 | 53.74 | 28.16 | 27.71 | 0.68 |