Population in South Africa

South Africa Population | Economic News & Forecasts

South Africa - Population

The economy contracted in the third quarter after dodging technical recession in the second quarter. Notably, the downturn was prompted by the utilities sector swinging to contraction as a series of breakdowns in Eskom’s coal power plants triggered the return of rolling blackouts in the quarter. On the expenditure-side, a winding down of inventories amid downbeat demand weighed heavily on economic activity, with muted household spending also taking its toll. Conversely, the external sector strengethened in Q3 thanks to a rebound in exports and a marked fall in imports. Turning to the fourth quarter, the economy likely remained in the doldrums as the rolling blackouts reached an unprecedented level in December after more than a quarter of the country’s generating capacity broke down. Large platinum and gold miners were forced to halt operation on 9 December as a result, which will hamper year-end economic activity.

South Africa - Population Data

2013   2014   2015   2016   2017  
Population (million)53.1  53.9  54.8  55.6  56.5  

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South Africa Facts

Value Change Date
Bond Yield8.260.29 %Dec 31
Exchange Rate13.98-0.21 %Dec 31
Stock Market0.1-0.44 %Jan 06

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