South Africa Oil production South Africa Electricity production

South Africa Economy

Economy - overview:south africa is a middle-income. emerging market with an abundant supply of natural resources; well-developed financial. legal. communications. energy. and transport sectors; a stock exchange that ranks among the 10 largest in the world; and a modern infrastructure supporting an efficient distribution of goods to major urban centers throughout the region. however. growth has not been strong enough to lower south africa's high unemployment rate; and daunting economic problems remain from the apartheid era. especially poverty and lack of economic empowerment among the disadvantaged groups. south african economic policy is fiscally conservative. but pragmatic. focusing on targeting inflation and liberalizing trade as means to increase job growth and household income.

GDP (purchasing power parity) : $527.4 billion (2005 est.)

Inflation rate: 4.6% (2005 est.)

Labor force : 15.23 million economically active (2005 est.)

Industries: mining (world's largest producer of platinum. gold. chromium). automobile assembly. metalworking. machinery. textile. iron and steel. chemicals. fertilizer. foodstuffs. commercial ship repair

South Africa

			Over view
			Geography
			People
			Government
			Economy
			Communications
			Transportation
			Militry

South Africa More Facts

Electricity - production: 215.9 billion kwh (2003)

Oil - production: 216.700 bbl/day (2003 est.)

South Africa More Facts

Exports: $50.91 billion f.o.b. (2005 est.)

Imports : $52.97 billion f.o.b. (2005 est.)
Currency (code) : rand (zar)