south africa gdp forecast 2030 Navigation

In this section, we focus on changes to per capita GDP and identify two distinct groups: the developed nations of North America, Western Europe, Japan, and the NIEs (South Korea, Taiwan, Singapore, and Hong Kong); and the developing nations of China, India, Latin America, Eastern Europe/Eurasia, the Middle East, and Africa. Enter Eunomix Business & Economics Ltd, a Jozi-based political and economic risk consultancy, with a truly damning look at our economic and political future. Line Bar Map. It reviews the major socio-economic trends shaping the country, and distills these into four scenarios for South Africa’s route to 2030. Population growth in South Africa up to 2030 will be driven by positive natural change and moderate net migration. Chapter 14. Frans Cronje discusses what will South Africa be like in 2030. This briefing was held at the Free Market Foundation in Johannesburg in September 2018. The statistic depicts South Africa's real gross domestic product (GDP) growth rate from 2016 to 2020, with projections up until 2026. Electricity demand for South Africa 1990–2030 (forecast from 2006 onwards). Trend gross domestic product (GDP), including long-term baseline projections (up to 2060), in real terms. Asian countries are still maintaining GDP growth of 4-8% depending upon the country. World Bank national accounts data, and OECD National Accounts data files. 31 Bangladesh 536 South Africa 1,249 Poland 2,422 32 Vietnam 509 Netherlands 1,066 Netherlands 1,581 Source: IMF WEO database (October 2014) for 2014 estimates, PwC projections for 2030 … This report provides detailed analysis of the Needle Free Injection Systems Market in South Africa that includes market size and growth rate for the forecast … Even if no forest products are exported (by 2030), the demand will outstrip supply by more than 10 million m³ per annum. MANGANESE MARKET FORECAST TO 2030. GDP falls by 2,0%. GDP falls by 2,0%. South Africa risks becoming a failed state by 2030, according to a report by Eunomix Business & Economics Ltd, a political and economic risk consultancy group. The "South Africa Charcoal Briquettes Market Research Report: By Type (Oval/Pillow, Round, Hexagonal, Coconut shell), Application (Barbecue, Industrial, Metallurgical Fuel) - Industry Analysis and Demand Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.. Furthermore, the market will progress at a CAGR of 8.8% between 2020 and 2030 … It is defined as the change in the prices of a basket of goods and services that are typically purchased by households. We provide our clients with reliable data, forecasts and analysis for over 131 countries and more than 34 key commodities to help them make sound business decisions. “From a peer group perspective, there currently are no countries where South Africa is forecast to be in 2030, underlining the a-typicality of its trajectory,” Baissac said. Regional inflation edged up to 15.2% in May (April: 15.0%). South Africa faces a precipitous economic and political collapse by 2030 unless it changes its economic model and implements growth-friendly policies, according to Eunomix Business & Economics Ltd. The indicator is measured in USD at 2010 Purchasing Power Parities. This page has economic forecasts for South Africa including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the South Africa economy. WB, IMF and OECD expect the further increase till the year 2021 of 1.8%. 1Institute for Technological Innovation, University of Pretoria . 15.2 Secondary Research. South Africa remains a dual economy with one of the highest, persistent inequality rates in the world, with a consumption expenditure Gini coefficient of 0.63 in 2015. Energy Outlook 2030 18 0 100 200 300 400 500 600 700 SA Share of 2010 2012 2014 2016 2018 2020 2022 2024 2026 2028 2030 imports 50% 30% 12% 2030 imports diff = 180 Kb/d 22 95 64 Car efficiency (low high) Economic growth (4% 3%) Refinery utilisation (72% 82%) Kb/d South Africa demand forecast Global demand forecast High imports case The South African economy recorded its third consecutive quarter of economic decline, falling by 2,0% (seasonally adjusted and annualised) in the first quarter of 2020. By 2030, the per capita GDP of Latin America will be approximately $30,000, … first, african economic growth was uneven throughout the continent and, on the whole, not ... population trajectory forecasts a four-fold increase in the Loop Diuretics Market Highlights 2022-2030. By 2030, South Africa is projected to be the 23rd largest economy in the world with a total GDP output of US$810.6 billion (R9.72 trillion) – up 98.4% from the approximate US$408.6 billion the … Through at least the first half of the decade, economic … Electricity demand for South Africa 1990–2030 (forecast from 2006 onwards). Implementing the National Development Plan 2030 is essential for future stability. Over the longer term, up to 2024, CPI inflation in the US is expected to be around 2.3%. This year, the unemployment rate has been reduced to 16% compared to 29.1% in 2020. GDP in South Africa is expected to reach 295.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. A middle-income economy by 2030: A Zimbabwe tourism destination perspective based on a GDP forecast using the Box-Jenkins ARIMA approach Dr Farai Chigora* Research Associate University of KwaZulu-Natal, South Africa Director of Postgraduate Studies, Faculty of Commerce Catholic University of Zimbabwe E-mail: fchigora@yahoo.com Nyoni Thabani The average is depressed by weak 2016 and 2017 numbers - growth of 2.4% is pencilled in for 2018-21. The North African nation is expected to jump to the seventh ranking globally by 2030 from the current 21 st, according to Standard Chartered. Economic Growth. table 93. saudi arabia personal hygiene market, by distribution channel, 2020-2030 table 94. south africa personal hygiene market, by product, 2020-2030 table 95. south africa personal hygiene market, by gender, 2020-2030 table 96. south africa personal hygiene market, by distribution channel, 2020-2030 table 97. Global Molecular Robots Market Highlights over 2020-2030. LONG TERM FORECASTS OF WATER USAGE FOR ELECTRICITY GENERATION: SOUTH AFRICA 2030 . Forecast is based on an assessment of the economic climate in individual countries and the world economy, using a combination of model-based analyses and expert judgement. Such will be the ... Angola Kenya Nigeria Pakistan Philippines Venezuela Algeria Egypt Iran South Africa. Long-term macroeconomic forecasts Key trends to 2050 1. Rising food inflation in Angola, Ghana and Nigeria in large part drove the acceleration, while inflation keeps soaring in the triple digits in Zimbabwe. Conclusions: The global costs of diabetes and its consequences are large and will substantially increase by 2030. 3. The market value is predicted to grow from $136.0 million in 2019 to $286.7 million by 2030. The title of Africa's second largest economy will still belong to South Africa in 15 years time according to experts who predict GDP will reach $810.6 billion -- nearly double current figures. South Africa faces a precipitous economic and political collapse by 2030 unless it changes its economic model and implements growth-friendly … 2013-08-07. This rate might even be conservative, it coyly intimated: heady stuff. 8.1. Johannesburg – South Africa, with one of the world’s highest COVID-19 infection rates despite some of the toughest measures to contain the pandemic, could see overall GDP plunge nearly 8 percent this year, a new report by UNDP and other UN agencies in South Africa finds.. Download : Download full-size image. This is an alphabetical list of countries by past and projected Gross Domestic Product per capita, based on the Purchasing Power Parity (PPP) methodology, not on official exchange rates.Values are given in USDs.These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database, April 2021 edition. IMPACT OF COVID-19: As of December 1, 2020, 21,644 deaths had been attributed to the pandemic in South Africa, and the economy was forecast to contract by 8.0 percent for the year. The South African Reserve Bank has slashed the country’s short-term growth forecast for this year from an initial 2,8% to 2% – a figure similar to the International Monetary Fund’s latest predictions. South Africa in 2030: A strategic intelligence briefing 46 28 17 59 12 24 2 64 0 0 10 20 30 40 50 60 70 ANC DA EFF ... Unemployment rate ANC national election performance Economic growth rate South Africa 2018-2030. Casein Protein Market Regional Analysis and Forecasts to 2030 – MarketResearch.Biz. GDP growth (annual %) - South Africa. Almost all agencies concur in predicting that CPI inflation will decrease in 2022 compared to 2021. Middle East and Africa (MEA) Volleyball Market Analysis: This chapter focuses on Volleyball market scenario across GCC countries, Israel, South Africa, and Turkey. Trade volumes will shift towards emerging markets and least developed countries will take their first steps into the global marketplace. The pandemic and the containment measures to curb the spread of the virus further damaged the economy. 8. 68624. The deficit is forecast to more than double to 14% of gross domestic product in … The Africa 2030 report has benefited from the advice of a large number of experts ... three related reasons. In the long-term, the South Africa GDP is projected to trend around 320.00 USD Billion in 2021 and 345.00 USD Billion in 2022, according to our econometric models. The number of people living in poverty in South Africa has more than halved to 4 million, compared to almost 10.5 million in 2017. Current voter preferences RSA –not a forecast . In the view of the global economic slowdown, we further estimated In a recent published report, Kenneth Research has updated the market report for Industrial Sensor Market for 2021 till 2030. Our reports feature the Consensus Forecast (mean average), along with best- and worst-case scenarios. Export entire page or individual visualizations to Excel (.xlsx), PowerPoint (.pptx), PDF or image (.png). Even if countries meet international targets, the global economic burden will not decrease. Projections are based on an assessment of the economic climate in individual countries and the world economy, using a combination of model-based analyses and expert judgement. South Africa risks becoming a failed state in the next 10 years, according to a report by Eunomix Business & Economics Ltd, a political and economic … 1 This followed a contraction of -1,4% and -0,8% in the fourth and third quarters of 2019, respectively. Current voter preferences RSA –not a forecast . Sub-Saharan Africa Monetary & Financial Sector News. World manganese market trends up to 2030 8.2. None. The turbulence – both economic and political – in parts of the continent in recent years has doubtless been a shock, but it has not derailed Africa’s growth story. Assess the Economic Impacton Your Business. 10Y. Sub-Sahara outside South Africa would reach $4.5 trillion GDP by 2030, assuming nominal growth at ten percent per annum, on an unstoppable pathway of six to seven percent real growth forward. 6.8 Middle East & Africa 6.8.1 Middle East & Africa Market by Country 6.8.2 Middle East & Africa Helium Mass Spectrometer Leak Detector Market Share by Type 6.8.3 Middle East & Africa Helium Mass Spectrometer Leak Detector Market Share by Application 6.8.4 UAE 6.8.5 Saudi Arabia 6.8.6 South Africa 6.9 Conclusion of Segment by Region …continue Trend gross domestic product (GDP), including long-term baseline projections (up to 2060), in real terms. Standard Chartered has a massive acceleration in GDP growth for India, Indonesia, Turkey, Brazil, Egypt and Russia. Vote on this forecast. Report to the WATER RESEARCH COMMISSION . It reviews the major socio-economic trends shaping the country, and distills these into four scenarios for South Africa’s route to 2030. Real GDP contracted by 8.2% in 2020, the result of a decline in construction, transport and communication, manufacturing, and mining. Inflation measures the general evolution of prices. The China, US, Japan and Germany forecasts seem somewhat reasonable. I do not see how most of the Standard Chartered forecast happens. Standard Chartered has a massive acceleration in GDP growth for India, Indonesia, Turkey, Brazil, Egypt and Russia. In 2030, the world will have about 8.56 billion and Asia will have nearly 5 billion people. Stated Policies Africa Case CAAGR 2018-40 2000 2018 2030 2040 2030 2040 STEPS AC GDP ($2018 billion, PPP) 491 789 1010 1348 1174 1600 2.5% Same region. Based on IMF calculations and Eskom policies, the electricity consumption for 2030 is estimated to be 148,481 GW h or 158,288 GW h according to the first and second scenario respectively. particularly Brazil, India, South Africa and China, have recognised Africa’s potential as an investment ... 2000 2010 2020 2030 2040 2050 2060 ... Africa: Gross Domestic Product (US$) 12 In this most positive of scenarios, Bank estimates suggest that Africa’s GDP could increase to over US$15 trillion in 2060, from a base of US$1.7 trillion in The region’s growth is forecast to rebound to 7.3% in 2021, moderating to 5.3% in 2022. The loop diuretics market is estimated to garner a sizeable revenue by growing with a CAGR of ~7% during the forecast period, i.e., 2022-2030. This page has economic forecasts for South Africa including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the South Africa economy. Fig. Economic Outlook, October 2016. by . Report No. While still subdued, … The market value is predicted to grow from $136.0 million in 2019 to $286.7 million by 2030. ANASTASSIOS POURIS1, GEORGE ALEX THOPIL2. Similar values. “From a peer group perspective, there currently are no countries where South Africa is forecast to be in 2030, underlining the a-typicality of its trajectory,” Baissac said. Energy Outlook 2030 18 0 100 200 300 400 500 600 700 SA Share of 2010 2012 2014 2016 2018 2020 2022 2024 2026 2028 2030 imports 50% 30% 12% 2030 imports diff = 180 Kb/d 22 95 64 Car efficiency (low high) Economic growth (4% 3%) Refinery utilisation (72% 82%) Kb/d South Africa demand forecast Global demand forecast High imports case A middle-income economy by 2030: A Zimbabwe tourism destination perspective based on a GDP forecast using the Box-Jenkins ARIMA approach Dr Farai Chigora* Research Associate University of KwaZulu-Natal, South Africa Director of Postgraduate Studies, Faculty of Commerce Catholic University of Zimbabwe E-mail: fchigora@yahoo.com Nyoni Thabani