South Africa 2016
Detailed economic analysis and indicators for 2016
Key Economic Indicators (2016)
GDP (Current USD)
$323.59 billion
↓ 6.67% vs 2015GDP per Capita
$5,651.21
↓ 7.54% vs 2015GDP Growth (Annual %)
0.66%
↓ 0.66pp vs 2015Inflation Rate (CPI %)
6.60%
↑ 2.08pp vs 2015Year-over-Year Comparison
| Indicator | 2015 | 2016 | Change |
|---|---|---|---|
| GDP (Current USD) | $346.71 billion | $323.59 billion | -6.67% |
| GDP per Capita | $6,112.27 | $5,651.21 | -7.54% |
| GDP Growth (Annual %) | 1.32% | 0.66% | -0.66pp |
| Inflation (CPI %) | 4.52% | 6.60% | +2.08pp |
| Unemployment Rate (%) | 25.15% | 26.54% | +1.39pp |
All Economic Indicators (2016)
National Accounts
- GDP (Current USD)
- $323.59 billion
- GDP per Capita
- $5,651.21
- GDP Growth (Annual %)
- 0.66%
- Gross National Income
- $315.29 billion
Prices & Employment
- Inflation (CPI %)
- 6.60%
- Inflation (GDP Deflator %)
- 6.95%
- Unemployment Rate (%)
- 26.54%
- Interest Rate (Real %)
- 3.28%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -2.63%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2016, South Africa's Gross Domestic Product (GDP) is $323.59 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in South Africa for 2016 is $5,651.21. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in South Africa for 2016 is 6.60%. This measures the annual percentage change in the cost of consumer goods and services.
South Africa's annual GDP growth rate for 2016 is 0.66%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in South Africa for 2016 is 26.54%. This represents the percentage of the labor force that is unemployed and actively seeking employment.