Special Report: South Africa’s Selected Economic Indicators From 2008 To 2012

Credit: International Monetary Fund(IMF) (Annual percent change; unless otherwise indicated)
	2008	2009	2010	2011	2012 Proj.
Real GDP	3.6	-1.5	2.9	3.1	2.6
CPI (end of period) 1,2	10.1	6.3	3.5	6.1	5.4
Unemployment rate (percent)	22.9	23.9	24.9	24.9	22.7
Broad money 2	14.8	1.8	6.9	8.3	9.9
National government budget balance (percent of GDP) 3	-0.7	-5.4	-5.4	-5.0	-4.8
National government debt (percent of GDP) 3	27.4	31.5	35.3	38.7	40.2
External current account balance (percent of GDP)	-7.2	-4.0	-2.8	-3.3	-4.8
External debt (percent of GDP)	26.6	27.6	28.7	27.3	32.0
Gross reserves (SARB, in months of next year's total imports)	3.8	5.9	5.3	4.9	4.8
International liquidity position of SARB (in billions of U.S. dollars) 2	33.5	39.0	43.4	47.9	47.7
U.S. dollar exchange rate (rand per U.S. dollar) 2	9.4	7.4	6.6	8.1	8.2
Sources: South African Reserve Bank; IMF, International Financial Statistics; and IMF staff projections. 1. Since January 2009, a reweighed and rebased CPI replaced the previously used CPIX (the consumer price excluding the interest on mortgage loans) as the targeted measure of inflation. 2. End of period. 3. Calendar year.