South Africa

Official Name: The Republic of South Africa
Sovereign Status: Sovereign Country
Government Type: Parliamentary Republic
Official Name (Local Language): Republic of South Africa
ISO Country Codes: ZA : ZAF
Internet Domain: .za
Government Web Site: https://www.gov.za/
Capital: Pretoria Main Airports: Lanseria International Airport
Language(s): Afrikaans;English;Sepedi;isiNdebele;Sesotho;siSwati;Xitsonga;isiXhosa;isiZulu;Tshivenda Population: 56,978,635
Currency: South African Rand ISO Currency Code: ZAR
Telephone Dial In: +27 ID Prefix: 09




South Africa

Government Website: https://www.gov.za/
Sovereign Ratings: https://countryeconomy.com/ratings/south-africa
Central Bank: South African Reserve Bank
Currency USD Exchange Rate: 14.9575 rand (ZAR) per US dollar (2020 est.)
Unemployment Rate: 28.53% (2019 est.)
Population below poverty line: 16.6% (2016 est.)
Inflation Rate: 4.1% (2019 est.)
Prime Lending Rate: 7% (Jan-20 - TradingEconomics)
GDP: $350.032 billion (2019 est.)
GDP Pro Capita (PPP): $12,482 (2019 est.)
Currency Name: South African Rand
Currency Code: ZAR
World Bank Classification: Upper Middle Income

GDP Composition:

Agriculture: 2.2% corn, wheat, sugarcane, fruits, vegetables; beef, poultry, mutton, wool, dairy products
Industry: 29.2% mining: platinum, gold, chromium; automobile assembly, metalworking, machinery, textiles, iron and steel, chemicals, fertilizer, foodstuffs, commercial ship repair
Services: 68.7%

Source: Central Intelligence Agency Factbook




Financial Exchanges:
Stock & Securities Exchange: Johannesburg Stock Exchange ;

National Statistics Office:


South Africa


Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Business Language(s): Afrikaans; English; Xhosa; Zulu
Customs & Excise: The South African Revenue Service
Development Bank(s): African Development Bank; Development Bank of Southern Africa; New Development Bank;
National Standards Bureau: South African Bureau of Standards
Competitive Ind’l Performance: 60/141 (2019) Corruption Perceptions Index: 69/180 (2020)
Ease of Doing Business: 84/190 (2019) Enabling Trade Index: 55/136 (2016)
Global Trade Alert Search ITC's Lega Carta
World Bank Logistics Performance Index





Regional Trade Agreements & Organisations:

South Africa

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