south africa in perspective
DESCRIPTION
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.TRANSCRIPT
southafrica/in/perspective
sa #gdp growth
GDP growth in real terms
South African GDP growth since 1980
0
500
1,000
1,500
2,000
2,500
1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008
Ra
nd
(c
on
sta
nt
pri
ce
s)
Source: International Monetary Fund
South Africa’s GDP
• SA’s productivity has grown substantially since 1980 [in real terms]
GDP <> population growth
SA growth - population effect
0
10
20
30
40
50
60
1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008
Po
pu
lati
on
(m
illi
on
s)
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
50,000
GD
P p
er
pers
on
(R
an
d)
Population (millions) GDP per person (Rand)
Source: International Monetary Fund
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]
GDP growth in US$
SA growth - in US$ terms (PPP)
0
10
20
30
40
50
60
1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008
Po
pu
lati
on
(m
illi
on
s)
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
GD
P p
er
pers
on
(U
S D
oll
ars
)
Population (millions) GDP per person (US Dollars)
Source: International Monetary Fund
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
#gdp: in context
The African giants
SA vs major African countries
Algeria
South Africa
Nigeria
Egypt
-2,000
0
2,000
4,000
6,000
8,000
10,000
12,000
0 100 200 300 400 500 600
GDP US$bn purchasing power parity
GD
P p
er
he
ad
US
$ p
pp
Source: www.economist.com
SA against the world
• SA leads Africa in real GDP terms and in GDP per capita [per person]
Other emerging markets
SA vs other emerging markets
South Africa
Brazil
India
China
0
2,000
4,000
6,000
8,000
10,000
12,000
0 2,000 4,000 6,000 8,000 10,000 12,000
GDP US$bn purchasing power parity
GD
P p
er
he
ad
US
$ p
pp
Source: www.economist.com
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
The big picture - globally
SA vs significant global economies
Australia
South Africa
USA
Japan
Germany
Great Britain
0
10,000
20,000
30,000
40,000
50,000
60,000
0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000
GDP US$bn purchasing power parity
GD
P p
er
he
ad
US
$ p
pp
Source: www.economist.com
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
what can we do?
Let’s turn the world upside down
Source: http://www.mindshiftmag.co.za/default.asp
the/end
¿or_just_the_beginning?