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.
Key Facts
| Flag: |  |
| Capital: | Pretoria |
| Area: | 1,221,000 sq km |
| Total Population 2017: | 55.4 Million |
| 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
12/12/2013 - Nelson Mandela : a struggle for development
01/11/2013 - AEC 2013 - Interview with Janvier Litse, Regional...
31/10/2013 - AEC 2013 - Interview with Philip Boldit, Finance...
Project Portfolio
| 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 |
News
Resources
Documents
Contacts
Southern Africa Regional Development and Business Delivery Office
African Development Bank Group
339 Witch-Hazel Avenue
Highveld Ext. 78
Centurion, South Africa
Tel: +27 12 003 6900
Ms. Tonia KANDIERO, Director General