Gold production in South Africa plunged 14.8 percent year-on-year in August of 2020, following a downwardly revised 10.1 percent slump in the previous month. It was the fifth consecutive month of declines in gold production, amid the Covid-19 pandemic.
Gold Production in South Africa averaged -4.46 percent from 1981 until 2020, reaching an all time high of 75.70 percent in October of 2013 and a record low of -60.70 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 October of 2020. source: Statistics South Africa
Gold Production in South Africa is expected to be -12.00 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 3.20 in 12 months time. In the long-term, the South Africa Gold Production YoY is projected to trend around 3.00 percent in 2021 and 6.00 percent in 2022, according to our econometric models.