South African economy 5% bigger after rebasing, moving further ahead of Nigeria
By COMMozambique
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South Africa’s economy is estimated to be about 5% larger than previously reported after a benchmarking and rebasing exercise, its statistics agency said on Thursday, moving it further ahead of Nigeria as Sub-Saharan Africa’s biggest economy. Statistics South Africa said last year’s nominal gross domestic product (GDP) was now estimated at 8.04 trillion rand (about…
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About this article
- Length
- 56 words · 1 min read
- Published
- October 30, 2026
- Byline
- COM
- Source
- Club of Mozambique