South Africa

South Africa Economic Outlook

GDP growth declined from 1.5% in 2014 to 1.3% in 2015, and is expected to weaken further to 0.7% in 2016. Electricity shortages, low commodity prices and low consumer and business confidence continue to restrain the growth of economic activity.
Slow progress in delivering economic and social services in townships and rural areas remains one of the major challenges to government.
South African cities are dynamic poles of socio-economic activity facing high inequality and environmental risks.

Urban Population 2017:	73.50%
Female Population 2017:	49.70%
GDP:	US$ 276.1 Billion
GNI Per Capita 2015:	US$ 6,050
Inflation Rate:	6.09%
Crude Birth Rate (per 1000):	19.90%
Human Development Index (rank / 188):	119
Human Development Index (scale 0 to 1):	0.666
Membership Date:	13/12/1995
Cumulative Approvals (1967-2016):	UA 4.3 Billion

Activity

Reference	Project	Status
P-ZA-HB0-003	HOUSING INVESTMENT PARTNERS TRUST - HIP2 Categories: South Africa, Economic & Financial Governance	ApprovedAPVD
P-ZA-KA0-002	SOUTH AFRICA MUNICIPAL FINANCIAL MANAGEMENT TECHNICAL ASSISTANCE PROJECT Categories: South Africa, Economic & Financial Governance	ApprovedAPVD