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The economy of South Africa is the largest economy in Africa, it is a mixed economy, emerging market, and upper-middle-income economy, one of only eight such countries in Africa. [ 30 ] [ 31 ] [ 32 ] The economy is the most industrialised, technologically advanced, and diversified in Africa. [ 33 ]
The figures are in billions of US dollars and are for the year 2019. All 14 companies from South Africa in the Forbes 2000 are listed. [2] *Despite the company being South African with Head Offices in South Africa, the company is listed as British by the Forbes 2000 ranking due to the entity's registered address in London.
South Africa is the southernmost country in Africa. It is the 25th-largest country in the world by land area, and with close to 60 million people, is the world's 24th-most populous nation. The World Bank classifies South Africa as an upper-middle-income economy, and a newly industrialised country. [1] [2] Its economy is the largest in Africa ...
The economy of the State of New York is reflected in its gross state product in 2024 of $2.284 trillion, ranking third in size behind the larger states of California and Texas. If New York State were an independent nation, it would rank as the 10th largest economy in the world by nominal GDP.
Although this only represents 12.4% of the total land used for agriculture in South Africa, the Western Cape produces 55% to 60% of South Africa’s agricultural exports, valued at more than R7 billion [50] (US$1 billion) [51] a year. In 2008, the sector was also one of the fastest growing of the economy, expanding by 10.6%.
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
This list comprises the largest companies currently in Africa by revenue as of 2022, excluding the finance sector, according to the ranking of the largest 500 companies in Africa by Jeune Afrique. In 2022, the largest company in Africa was Sonatrach with revenue of US$77 billion.
The Gauteng Province's total GDP for 2022 was R2.2 trillion (US$ 135 billion), making the province the single largest contributor to South Africa's GDP with a contribution of 33%, [1] despite having only 1.4% of South Africa's land area. [8]