1887

South Africa

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Growth in incomes has stalled since the 2008 crisis. GDP per capita remains at around 30% of the average level of the most advanced OECD countries. Total factor productivity has been the main drag on growth compared to the pre-crisis years. However,...
French
Economic growth is projected to rebound in 2017 and strengthen further in 2018, driven by household consumption and investment. In particular, the improvement in electricity production removes bottlenecks and should boost confidence and therefore...
French, German
This profile examines the health of local labour markets in South Africa. It analyses data at the regional level, which corresponds to the country’s nine provinces.
South Africa joined the International Road Traffic and Accident Database (IRTAD) group in 2016. This chapter presents 2014 and 2015 road safety data for South Africa. It looks at trends in traffic and road safety from the years 1990 to 2014 and road...
Drought and electricity constraints slowed economic growth in 2015, and tighter financial conditions and low confidence will weaken it further in 2016. Investment will grow modestly, deterred by continuing lack of electricity and an uncertain policy...
German, French
Tourism’s direct contribution to South Africa’s GDP grew from ZAR 93.5 billion in 2012 to ZAR 103.5 billion in 2013. The percentage contribution of tourism to GDP has remained stable for the past two reporting periods at 2.9%. Tourism directly...
French
The outlook for 2016 and 2017 is uncertain and economic activity will likely remain subdued. Expected increases in electricity supply from investments in generating capacity should raise supply only by 2017, easing constraints that have hindered...
German, French
This chapter discusses the energy landscape, pricing policies, and the structure of energy taxation in South Africa and presents graphical profiles of energy use and taxation in South Africa in both energy and carbon terms (, respectively).
Economic growth is slowly recovering reflecting stronger world trade and past depreciation of the rand. However, ongoing electricity shortages are slowing the economy. Exports will rely on manufacturing goods, as commodities remain depressed by low...
German, French
The narrowing of the income gap vis-à-vis leading OECD economies has almost halted since 2007, reflecting a sharp drop in labour utilisation and a minor slowdown in productivity growth.
French
In the first half of 2014, the economy slowed and inflation rose, before growth rebounded as widespread labour unrest came to an end. Growth is projected to pick up in 2015 and 2016 as exports recover on the back of a weak rand and firmer world trade...
French, German
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