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South Africa Economy. Labor market, trade and economic growth. South Africa's economy explained.<br /><br />This video about the South African economy was created in February 2020.<br /><br />South Africa has Africa’s second largest economy after Nigeria. The country’s nominal GDP in 2018 was 368 billion USD.<br />https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=ZA&most_recent_value_desc=true<br /><br />Sources:<br /><br />South Africa Population<br />https://www.worldometers.info/world-population/south-africa-population/<br /><br />South Africa Advanced Economy<br />https://www.heritage.org/index/country/southafrica<br /><br />GNI per capita, Atlas method (2018, current US$):<br />https://data.worldbank.org/indicator/NY.GNP.PCAP.CD<br /><br />Unemployment rate in South Africa<br />https://data.worldbank.org/indicator/SL.UEM.TOTL.NE.ZS?locations=ZA<br /><br />Inequality in South Africa<br />https://edition.cnn.com/2019/05/07/africa/south-africa-elections-inequality-intl/index.html<br />https://www.theglobeandmail.com/world/article-post-apartheid-south-africa-is-worlds-most-unequal-country-world/<br /><br />Economic GDP Growth forecast for 2020<br />https://www.bloomberg.com/news/articles/2020-01-09/world-bank-cuts-south-africa-gdp-forecast-on-eskom-fears<br /><br />Electricity (95% generated by Eskom)<br />http://www.eskom.co.za/OurCompany/CompanyInformation/Pages/Company_Information.aspx<br />https://www.bloomberg.com/news/articles/2020-01-09/world-bank-cuts-south-africa-gdp-forecast-on-eskom-fears<br />https://www.sapeople.com/2019/11/26/eskom-will-continue-to-be-owned-by-government/<br /><br /><br />South Africa Labor force <br />(the labor force includes employed workers and unemployed workers that are actively seeking work)<br />https://data.worldbank.org/indicator/SL.TLF.TOTL.IN?locations=ZA<br /><br />Unemployment rate in South Africa<br />https://data.worldbank.org/indicator/SL.UEM.TOTL.NE.ZS?locations=ZA<br /><br />Employment in agriculture, industry and services<br />https://data.worldbank.org/indicator/SL.AGR.EMPL.ZS?locations=ZA<br />https://data.worldbank.org/indicator/SL.IND.EMPL.ZS?locations=ZA<br />https://data.worldbank.org/indicator/SL.SRV.EMPL.ZS?locations=ZA<br /><br />South Africa Exports, Imports, Trade balance - 2018 data derived from the ITC (International Trade Centre):<br />https://www.trademap.org/Country_SelProductCountry_TS.aspx?nvpm=1%7c710%7c%7c%7c%7cTOTAL%7c%7c%7c2%7c1%7c1%7c3%7c2%7c1%7c2%7c1%7c1<br /><br />Government Debt to GDP in 2020 and beyond: <br />https://www.nasdaq.com/articles/south-africa-sees-budget-deficit-debt-soaring-as-economy-flags-2019-10-30<br />https://www.bloomberg.com/news/articles/2019-10-30/bailouts-to-push-south-africa-s-debt-ratio-above-70-of-gdp<br />

Soweto, South Africa

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