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How South Africa's GDP per capita has dropped since 1990
Economist Mike Schüssler has published a graph of South Africa’s gross domestic product (GDP) per capita which paints a pitiful picture of the country’s financial situation.
In 1990, South Africa’s GDP per capita was 107% that of the world average. Fast-forward thirty years and this figure has dropped to 74%.
In simple terms, it means that South Africans are getting poorer when compared to their global counterparts.
Economist Mike Schüssler has published a graph of South Africa’s gross domestic product (GDP) per capita which paints a pitiful picture of the country’s financial situation.
In 1990, South Africa’s GDP per capita was 107% that of the world average. Fast-forward thirty years and this figure has dropped to 74%.
In simple terms, it means that South Africans are getting poorer when compared to their global counterparts.