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OECD Economic Surveys: South Africa 2022

OECD Economic Surveys: South Africa 2022

Paperback

EconomicsGeneral Political Science

ISBN10: 9264754938
ISBN13: 9789264754935
Publisher: OECD
Published: Oct 12 2022
Pages: 150
Weight: 0.78
Height: 0.32 Width: 8.25 Depth: 11.00
Language: English
The COVID-19 crisis has weakened an already fragile economy. South Africa's growth underperformed during the past decade: GDP per capita was already lower in 2019 than in 2008. Unemployment remains high, at around 35%, and youth unemployment even exceeds 50%. In the meantime, spending pressures are mounting to close the financing gap in health, infrastructure and higher education.

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