GDP per capita in South Africa averaged 6342.13 USD from 1960 until 2019, reaching an all time high of 7582.70 USD in 2014 and a record low of 4624.10 USD in 1960. Moreover, household consumption fell 49.8%, contrasting Q1’s 0.2% increase as the unemployment rate climbed and consumers held off on non-essential spending. The Gross Domestic Product per capita in South Africa was last recorded at 12481.80 US dollars in 2019, when adjusted by purchasing power parity (PPP). If correct, then the output gap may be more sharply negative in 2Q, but likely narrower in 2H20 and 1H21 than the SARB outlined at its last meeting. CEIC converts annual GDP per Capita into USD. facts. Commenting on the outlook for the South African economy, Sonja Keller and Sthembiso E Nkalanga, analysts at JPMorgan, reflected: “The 2Q GDP outturn was worse that the SARB’s predicted 40% ar nosedive, but our set of alternative data track an even sharper 3Q bounce than SARB has penciled in. Download historical data for 20 million indicators using your browser. About It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Download historical data for 20 million indicators using your browser. South Africa … What is South Africa GDP per capita by purchasing power parity? and over 1 Mio. The GDP per Capita, in South Africa, when adjusted by Purchasing Power Parity is equivalent to 70 percent of the world's average. Moreover, the reading came in below market analysts’ expectations of a 47.3% decrease. … Then you can access your favorite statistics via the star in the header. South Africa - GDP per capita (U.S. GDP per capita (current US$) - South Africa from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). 1960-2019 Data | 2020-2022 Forecast | Historical | Chart. The GDP per Capita in South Africa is equivalent to 58 percent of the world's average. South African Reserve Bank provides GDP per Capita in local currency. Fixed investment plummeted 59.9% SAAR in Q2, well below the 18.6% decrease logged in Q1, amid elevated uncertainty and depressed business sentiment. The data reached an all-time high of 8,066.348 USD in Dec 2011 and a record low of 410.200 in Dec 1957. * Estimate.The values have been rounded to provide a better understanding of the statistic. South Africa GDP Per Capita data is updated yearly, available from Dec 1957 to Dec 2019, with an average number of 2,852.965 USD. The maximum level was 12884 USD and minimum was 9375 USD. The Western Cape has the second highest GDP per capita, with R72,031 per person. Period. * All products require an annual contract; Prices do not include sales tax. Date. Google+, Facebook "South Africa: Gross domestic product (GDP) per capita in current prices from 1984 to 2024 (in U.S. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Find Out, Online tool for visualization and analysis. The formal economy of South Africa has its beginnings in the arrival of Dutch settlers in 1652, originally sent by the Dutch East India Company to establish a provisioning station for passing ships. Dollars). US dollars/capita 2017 South Africa US dollars/capita: Total US dollars/capita 1998-2017 South Africa (red), OECD - Total (black) Total US dollars/capita 2018: Trade in goods and services Indicator: 29.9 Exports % of GDP 2019 South Africa % of GDP: Exports % of GDP 2000-2019 South Africa (red) Exports % of GDP 2019 South Africa (red) South Africa GDP (Gross Domestic Product) was INT$676.30billion for 2019 in PPP terms. Chart. South Africa Shares Drop for 5th Day, Post Biggest Monthly Drop in 7 Months, South Africa Trade Surplus Narrows in September, South Africa September Producer Inflation at 6-Month High, South Africa Private Credit Growth Below Estimates, South Africa Budget Deficit to Hit Record High, South Africa Business Cycle Indicator Rises for 3rd Month, South Africa Building Permits Value Continues to Fall, South Africa Retail Sales Fall Less in August, TSX Drops on Friday, Books 4.5% Weekly Loss, Brent Crude Down for 3rd Day to Book Biggest Weekly Loss since April, WTI Crude Tumbles 11% in October on Demand Concerns, Kenya October Inflation Rate at 5-Month High of 4.84%. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Due to the high level of uncertainty in current global economic conditions, the IMF does not offer projections for this economic indicator at this time. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Big Mac index - global prices for a Big Mac 2020, Profit from additional features with an Employee Account. GDP per capita compared to US at current PPP$ (US=100) 1980 1990 2000 2010 0 10 20 30 40 Source: IMF World Economic Outlook, October 2014 GDP per capita, current prices (U.S.$) 12482: 2019 07.07.2020: 12143: 2018 29.10.2019: 12295: 2017 04.07.2019: Historical … On an annual basis, GDP plummeted 17.1% in Q2, contrasting the previous period's 0.1% expansion. (billed annually). Directly accessible data for 170 industries from 50 countries October 11, 2019. dollars)." The economy plunged deeper into recession in the second quarter, with GDP nosediving 51.0% at a seasonally-adjusted annualized rate (SAAR). Please authenticate by going to "My account" → "Administration". The latest comprehensive information for - South Africa GDP per capita PPP - including latest news, historical data table, charts and more. New, Everything you need to know about the industry development, Find studies from all around the internet.

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