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Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Countries in Africa are sorted according to data from the International Monetary Fund. [1]
Old Kingdom market scene: Two of the customers are seen carrying little boxes on their shoulders, suspected to have contained pieces of metal used as payment.. For millennia, Africa's economy has been diverse, driven by extensive trade routes that developed between cities and kingdoms.
The Common Market for Eastern and Southern Africa (COMESA) is a regional economic community in Africa with twenty-one member states stretching from Tunisia to Eswatini. ...
South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa.Its nine provinces are bounded to the south by 2,798 kilometres (1,739 miles) of coastline that stretches along the South Atlantic and Indian Ocean; [14] [15] [16] to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; to the east and northeast by Mozambique and Eswatini ...
Southern Africa is the southernmost region of Africa.No definition is agreed upon, but some groupings include the United Nations geoscheme, the intergovernmental Southern African Development Community, and the physical geography definition based on the physical characteristics of the land.
South Africa mined gold production, 1940–2011. South Africa accounted for 15% of the world's gold production in 2002 [23] and 12% in 2005, though the nation had produced as much as 30% of the yearly world output as recently as 1993.
Economic classification of the world's countries and territories by the UNCTAD in 2023: the Global North (i.e., developed countries) is highlighted in blue and the Global South (i.e., developing countries and least developed countries) is highlighted in red.
Development of agricultural output of South Africa in 2015 US$ since 1961 A windpump on a farm in South Africa.. Agriculture in South Africa contributes around 5% of formal employment, relatively low compared to other parts of Africa and the number is still decreasing, [1] as well as providing work for casual laborers and contributing around 2.6 percent of GDP for the nation. [2]