Economy of South Africa

overview of the economy of South Africa

The economy of South Africa is the second largest in Africa, after Nigeria.South Africa is an upper-middle-income economy.South Africa's Gross Domestic Product almost tripled to peak at $400 billion in 2011. a Gross Domestic Product is how much a place produces in an amount of time. South Africa has a Population of 58,775,022 (2019 est.). the currency of south Africa is in South African rand and the Main industries are mining (South Africa is the world's largest producer of platinum).