Gold production in South Africa plunged 59.60 percent year-on-year in April of 2020, the biggest drop ever, after the country imposed a lockdown from March 27th due to the coronavirus pandemic.
Gold Production in South Africa averaged -4.37 percent from 1981 until 2020, reaching an all time high of 75.70 percent in October of 2013 and a record low of -59.60 percent in April of 2020. This page provides - South Africa Gold Production YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Gold Production YoY - values, historical data and charts - was last updated on July of 2020. source: Statistics South Africa
Gold Production in South Africa is expected to be -14.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gold Production in South Africa to stand at -7.50 in 12 months time. In the long-term, the South Africa Gold Production YoY is projected to trend around -8.00 percent in 2021 and 6.00 percent in 2022, according to our econometric models.