South Africa's economy blends mining, finance, agriculture, and manufacturing, with minerals such as gold, platinum, and iron ore remaining influential. The country also has a strong banking sector and a broad consumer market. Challenges include power shortages, unemployment, and infrastructure bottlenecks, yet sectors like renewable energy, automotive manufacturing, and agriculture continue to offer room for expansion. Regional trade ties and abundant natural resources provide a long-term foundation for development.
World Bank Data. 2000-2024. Last updated Oct 2025.
Refer to the latest year-over-year South Africa GDP statistics.