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South Africa in perspective

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A brief look at South Africa's GDP in perspective - both locally and globally [with statistics from the IMF and the Economist]. As at 2008.

A brief look at South Africa's GDP in perspective - both locally and globally [with statistics from the IMF and the Economist]. As at 2008.

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  • 1. southafrica/in/perspective
  • 2. sa #gdp growth
  • 3. GDP growth in real terms South African GDP growth since 1980 2,500 2,000 Rand (constant prices) 1,500 1,000 500 0 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 Source: International Monetary Fund
  • 4. South Africa’s GDP • SA’s productivity has grown substantially since 1980 [in real terms]
  • 5. GDP <> population growth SA growth - population effect Population (millions) GDP per person (Rand) 60 50,000 45,000 50 40,000 35,000 GDP per person (Rand) 40 Population (millions) 30,000 30 25,000 20,000 20 15,000 10,000 10 5,000 0 0 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 Source: International Monetary Fund
  • 6. South Africa’s GDP • SA’s productivity has grown substantially since 1980 [in real terms] • SA’s per capita GDP has also grown at a rapid rate [pop. growth is not the cause]
  • 7. GDP growth in US$ SA growth - in US$ terms (PPP) Population (millions) GDP per person (US Dollars) 60 16,000 14,000 50 12,000 GDP per person (US Dollars) 40 Population (millions) 10,000 30 8,000 6,000 20 4,000 10 2,000 0 0 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 Source: International Monetary Fund
  • 8. South Africa’s GDP • SA’s productivity has grown substantially since 1980 [in real terms] • SA’s per capita GDP has also grown at a rapid rate [pop. growth is not the cause] • The growth in US$ terms, which has been less impressive, accelerated greatly from 2003
  • 9. #gdp: in context
  • 10. The African giants SA vs major African countries 12,000 South Africa 10,000 Algeria 8,000 GDP per head US$ ppp 6,000 Egypt 4,000 2,000 Nigeria 0 -2,000 0 100 200 300 400 500 600 GDP US$bn purchasing power parity Source: www.economist.com
  • 11. SA against the world • SA leads Africa in real GDP terms and in GDP per capita [per person]
  • 12. Other emerging markets SA vs other emerging markets 12,000 South Africa 10,000 Brazil 8,000 GDP per head US$ ppp China 6,000 4,000 India 2,000 0 0 2,000 4,000 6,000 8,000 10,000 12,000 GDP US$bn purchasing power parity Source: www.economist.com
  • 13. SA against the world • SA leads Africa in real GDP terms and in GDP per capita [per person] • Other emerging markets are far more productive, but SA still excels on a GDP per capita [per person] basis
  • 14. The big picture - globally SA vs significant global economies 60,000 50,000 USA 40,000 GDP per head US$ ppp Great Britain Japan Australia 30,000 Germany 20,000 South Africa 10,000 0 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 GDP US$bn purchasing power parity Source: www.economist.com
  • 15. SA against the world • SA leads Africa in real GDP terms and in GDP per capita • Other emerging markets are far more productive, but SA still excels on a GDP per capita [per person] basis • SA is still a long way from the productivity of leading first world nations
  • 16. what can we do?
  • 17. Let’s turn the world upside down Source: http://www.mindshiftmag.co.za/default.asp
  • 18. the/end ¿or_just_the_beginning?