South Africa’s GDP Per Capita is below the average for emerging markets and developing countries, according to data from the IMF.
South Africa’s GDP Per Capita in 2023 is lower than the average GDP per capita for emerging markets and developing countries., South Africa’s GDP per capita is $6,490, below the average of $6,670 for emerging markets.
The appetite for investment in the country is low due to load shedding, policy concerns and high crime levels. “At the moment, it is happening at a very pedestrian level and there’s nothing to hope for with this casualty.” Whereas South Africa is only expected to reach $7,060 per capita by 2028, far below the $8,800 peak recorded in 2011.According to the IMF’s data, South Africa is 100th in the world for GDP per capita, sandwiched between Ecuador and Colombia .
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