What is the socioeconomic status of South Africa?
South Africa remains a dual economy with one of the highest, persistent inequality rates in the world, with a consumption expenditure Gini coefficient of 0.67 in 2018. High inequality is perpetuated by a legacy of exclusion and the nature of economic growth, which is not pro-poor and does not generate sufficient jobs.
What is the economic rate of South Africa in 2020?
GDP Growth Rate in South Africa averaged 0.64 percent from 1993 until 2022, reaching an all time high of 13.90 percent in the third quarter of 2020 and a record low of -17.40 percent in the second quarter of 2020.
How do you download data from Stats SA?
- Statistics South Africa survey and administrative records data are accessed online through “Nesstar” and “SuperWeb”.
- This data repository allows users to browse, analyse, tabulate and download datasets from a wide variety of census and household survey data and metadata in various formats.
Where can I get economic data?
Economic Data Sites
- Resources for Teaching about International Trade and Tariffs.
- FRED at the Federal Reserve Bank of St.
- Trading Economics.
- US Bureau of Economic Analysis (BEA)
- US Census Bureau Economic Indicators.
- US Bureau of Labor Statistics (BLS)
- World Bank.
- United Nations Statistic Division.
What are the 5 social classes in South Africa?
Socioeconomic class in South Africa We divide South Africans into five socioeconomic classes: the chronically poor, the transient poor, the vulnerable middle class, the stable middle class, and the elite.
Is South African economy strong?
South Africa has a highly developed economy and an advanced infrastructure. In addition to being one of the world’s largest exporters of gold, platinum, and other natural resources, it has well-established financial, legal, communications, energy, and transport sectors and the continent’s largest stock exchange.
What are the 5 key economic indicators in South Africa?
Employment
- Youth unemployment rate. 59.62% Youth unemployment rate in South Africa in 2020. Youth unemployment rate in South Africa in 2020.
- Female unemployment rate. 36.4% Unemployment rate in South Africa 2016-2022, by gender.
- Total basic salary payment. 650k ZAR. Basic salary payment in South Africa 2019-2020, by industry.
Where can I get statistical data?
Statistical Sites on the World Wide Web
- Bureau of Economic Analysis.
- Bureau of Justice Statistics.
- Bureau of Labor Statistics.
- Bureau of Transportation Statistics.
- Census Bureau.
- Economic Research Service.
- Energy Information Administration.
- National Agricultural Statistics Service.
How do I register Stats SA database?
Registration for households/institutions is now open on https://getcounted.statssa.gov.za. Stats SA encourages respondents to register their households/institutions. For further assistance with registration respondents may contact the call centre on 0800 110 248.
What is the best database for economics?
Key databases for Economics
- EconLit. Economics specific database includes journal articles, working papers and theses.
- Business Source Complete.
- Emerald Journals.
- ProQuest.
- Informit Business Collection.
- RePEc (Research Papers in Economics)
- Scopus.
- Web of Science.
What is South Africa’s social structure?
What is the dominant class in South Africa?
Dominant classes The black upper middle class dominates the country’s political life today. This class however, plays next to no role in the ownership and control of the productive economy of South Africa. Their key role in the economy is one of overseeing redistribution of wealth towards consumption.
What is socio-economic data?
Socio-economic indicators provide a background to understanding the health scenario in a country. This section on Socio-economic indicators provides data on education, gender, poverty, housing, amenities, employment and other economic indicators.
What sort of data is socioeconomic status?
Socioeconomic status is the social standing or class of an individual or group. It is often measured as a combination of education, income and occupation. Examinations of socioeconomic status often reveal inequities in access to resources, plus issues related to privilege, power and control.
What is South Africa’s main source of income?
Agriculture is of major importance to South Africa. It produces a significant portion of exports and contributes greatly to the domestic economy, especially as an employer, though land and water resources are generally poor.
What drives South Africa economy?
Agriculture, forestry, and fishing Agriculture is of major importance to South Africa. It produces a significant portion of exports and contributes greatly to the domestic economy, especially as an employer, though land and water resources are generally poor.
Which sector contributes the most to the South African economy?
Finance (23%) is the largest industry in South Africa, followed by personal services (17%), the data shows. Trade (14%), manufacturing (13%) and mining (9%) follow. Government accounts for 8%, transport for 7%, and electricity, gas and water 3%.