IMD World Competitiveness Booklet 2021

COMPETITIVENESS TRENDS - OVERALL SOUTH AFRICA

OVERALL PERFORMANCE (64 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Pretoria

2017 2018 2019 2020 2021

1,219 2020 16.459 2020 59.62 2020 302.2 2020 12,032 2020 -7.0 2020 3.27 2020 32.50 2020 22.26 2020 2.17 2020 151.0 2019 1.46 2019

53

53

56

Exchange Rate (per $)

59

62

16

Population - market size (millions)

CHALLENGES IN 2021 Deteriorating headline and youth unemployment. Rising public debt levels amid a shrinking fiscal space. • Deteriorating headline and youth unemployment. • Rising public debt levels amid a shrinking fiscal space. • Lack of decisive plans to revive the struggling economy. • Ongoing electricity supply problems and rolling blackouts. • Slow vaccination rates to fast track the post COVID-19 recovery.

37

Gross Domestic Product (GDP) (US$ billions)

60

GDP (PPP) per capita (US$)

50

Real GDP growth (%)

53

Consumer price inflation (%)

63

Unemployment rate (%)

19

Labor force (millions)

29

Current account balance (% of GDP)

38

Direct investment stocks inward ($bn)

Productivity SA vided by: Productivity SA

45

Direct investment flows inward (% of GDP)

COMPETITIVENESS LANDSCAPE

Economic Performance

Government Efficiency

Business Efficiency

Infrastructure

Domestic Economy

International Trade

International Investment Employment Prices

Public Finance

Tax Policy

Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

Management Practices

Attitudes and Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health and Environment Education

5

28

38

42

46

47

52

58

60

60

60 59 56 59

61 62 61

62

63

64

PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (41 countries)

POPULATIONS > 20 MILLION (29 countries)

2017 2018 2019 2020 2021

2017 2018 2019 2020 2021

23

23

36

36

37

39

26

27

27

41

104

IMD WORLD COMPETITIVENESS BOOKLET 2021