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South Africa: Country Profile

January 2021

South Africa’s economy should improve in 2021. Private final consumption will lead the recovery this year, as pent-up domestic and external demand are released. However still-high unemployment will represent a significant drag on the economy, together with the high level of public debt. Real GDP growth should continue, albeit it at a slower rate, and will be 3.7% in 2022, before gradually falling to average around 2.5% per year in 2024-2028.

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Overview:

Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.

If you're in the Industry, Infrastructure and Environment industry in South Africa, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty

The Industry, Infrastructure and Environment in South Africa report includes:

  • Analysis of the country's political and macroeconomic stability 
  • An overview of the economic structure and major industries
  • Latest economic performance

This report answers:

  • What is the economic outlook?
  • How stable is the political environment?
  • What are the country's risks and vulnerabilities?
  • What are the best sectors for investment?
  • Where should we focus our expansion strategy?
  • Which countries are moving up the value added chain away from primary sectors?

South Africa: Country Profile

KEY POINTS

Chart 1 Real GDP Growth and Per Capita GDP: 2014-2020

FACTS

Area
Currency
Location
Capital

GOVERNMENT

Head of State
Head of Government
Ruling Party
Political Structure
Last Elections
Political Stability and Risks
International Issues
Government Finance
Chart 2 Public Debt: 2014-2019

ECONOMY

Economic Structure and Major Industries
Overview of the Economy
Foreign Trade
Chart 3 Total Foreign Trade: 2014-2020
Economic Prospects
Chart 4 Real GDP Growth: 2014-2020
Evaluation of Market Potential

BUSINESS ENVIRONMENT

ENERGY

Chart 5 Primary Energy Supply (% of total): 2019

SOCIETY

Population
Chart 6 Age Pyramid in 2019 and 2040
Income and Expenditure
Chart 7 Per Capita Annual Disposable Income, Spending and Savings Ratio: 2014-2020
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Why buy this report?

  • Analyse growth opportunities and assess market potential
  • Develop market entry/exit strategies
  • Understand the likely path of economic growth
  • Examine risks and vulnerabilities of economies to support critical decision-making

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