The industrial production growth rate is 5%, and the annual GDP growth rate is 3.1%
According to World Bank, the Gross Domestic Product of South Africa is $408.4 billion (2011).
The biggest economy in Africa is undoubtly the Republic of South Africa (South Africa) The South African GDP was $467.6 billion in the year 2007 and the global rank of South Africa was 27th. Egypt's GDP in 2007 was $431.9 billion and Egypt's global rank was 29. Egypt got the second biggest economy in Africa.
Real GDP equals GDP in current dollars divided by the Implicit GDP price deflator, times one hundred. :)
current GDP rate
The 2012 estimate for the US' GDP was $15,650,000,000,000.
The current GDP is the value of all products and services produced in a country. The real GDP is the value of all the goods and services produced and are expressed in current prices in a country.
South Africa has a GDP of $408.2 billion(2011) US dollars according to the world bank.
South Africa's GDP (purchasing power parity) was $495.1 billion in 2009, for a per capita GDP of $10,100.00 in 2009. (CIA).
South Africa is one of Africa's wealthiest nations. It has the highest GDP value in Africa. Its stock exchange (JSE) is one of the strongest in the world. However, due to a large population and unemployment, the GDP per capita is low. Therefore it is not easy to judge which is the richest country in Africa since a country like Seychelles can have a very low GDP value, but since it is a small country it can have a high GDP per capita value.
The Gross Domestic Product (GDP) in South Africa was worth 132.878 billion US dollars in 2000, according to a report published by the World Bank.
The biggest economy in Africa is undoubtly the Republic of South Africa (South Africa) The South African GDP was $467.6 billion in the year 2007 and the global rank of South Africa was 27th. Egypt's GDP in 2007 was $431.9 billion and Egypt's global rank was 29. Egypt got the second biggest economy in Africa.
The Republic of South Africa has the highest GDP in southern Africa.
Yes South Africa has the strongest economy on the entire continent of Africa. It's GDP per Capita is about US$5000 and the country as a whole has a GDP of about US$408 Billion with an annual growth rate of 3-4%
the Mozambique current in the Indian ocean - east coast of South Africa the Bengula current in the Atlantic ocean - west coast of South Africa
The head of the government of South Africa is the president. The current president of South Africa is Jacob Zuma.
Mexico has a Gross Domestic Product or national income of US$1,549,490 and is ranked as the 11th largest economy in the world. South Africa has a GDP of US$492,531 and is ranked as the 24th biggest economy worldwide. Mexico has a GDP per capita of US$14,337, while South Africa has an income per capita of US$10,291. Therefore, Mexico is richer than South Africa.
The current president of South Africa (January, 2018) is Jacob Zuma.
Unfortunately not, India has a GDP per capita rate of US$837(2012), but South Africa has a GDP per capita rate of US$3,825(2012) according to the world bank and IMF. South Africa also has world class infrastructure and it's government spends more on healthcare and education.