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.

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South Africa Gold Production YoY

Actual Previous Highest Lowest Dates Unit Frequency
-59.60 9.50 75.70 -59.60 1981 - 2020 percent Monthly
NSA

South Africa Business Last Previous Highest Lowest Unit
Business Confidence 5.00 18.00 92.00 5.00 points [+]
Manufacturing PMI 53.90 50.20 57.89 38.38 points [+]
Industrial Production -49.40 -5.50 18.50 -49.40 percent [+]
Industrial Production Mom -44.30 -1.20 9.10 -44.30 percent [+]
Capacity Utilization 79.90 80.40 86.20 76.90 percent [+]
Changes in Inventories -67256.00 -40330.00 66699.00 -67256.00 ZAR Million [+]
Bankruptcies 195.00 0.00 511.00 0.00 Companies [+]
Total Vehicle Sales 31870.00 12926.00 65689.00 574.00 [+]
Car Registrations 19264.00 9019.00 43659.00 105.00 [+]
Leading Economic Index -5.10 -0.90 4.60 -5.10 percent [+]
Internet Speed 6736.79 6595.61 6736.79 685.91 KBps [+]
IP Addresses 4274668.00 3727821.00 6727656.00 520279.00 IP [+]
Steel Production 25.00 3.00 885.00 3.00 Thousand Tonnes [+]
Mining Production -47.30 -18.00 23.20 -47.30 percent [+]
Coincident Index 77.80 89.90 141.17 77.80 points [+]
Competitiveness Index 62.44 60.76 62.44 4.31 Points [+]
Competitiveness Rank 60.00 67.00 67.00 35.00 [+]
Composite Pmi 42.50 32.50 52.70 32.50 points [+]
Corruption Index 44.00 43.00 56.80 41.00 Points [+]
Corruption Rank 70.00 73.00 73.00 23.00 [+]
Ease of Doing Business 84.00 82.00 84.00 32.00 [+]
Electricity Production 19177.00 16013.00 23801.00 10439.00 Gigawatt-hour [+]
Gold Production -59.60 9.50 75.70 -59.60 percent [+]


South Africa Gold Production YoY
In South Africa, gold production accounts for 16 percent of total mining production.