South Africa sat back and watched R3.6 trillion disappear

• South Africa’s GDP would have been R11.6 trillion in 2025 had it continued growing at the pre-2008 average rate of 3.6% per year.
• The data from Codera point to a period when South Africa’s economy grew at a much faster rate, thanks to efficient state spending, infrastructure investment, and a lighter regulatory burden on the private sector.
• South Africa would have to grow its economy by between 3% and 5% in real terms for the next decade to reach the global average GDP per capita.