Gold production in South Africa surged 5.2 percent year-on-year in November 2019, following an upwardly revised 1.4 percent fall in the previous month. It was the sharpest increase in gold output since August 2017, following 25 consecutive months of declines. On a seasonally adjusted monthly basis, gold production rose 0.8 percent. Gold Production in South Africa averaged -4.39 percent from 1981 until 2019, reaching an all time high of 75.70 percent in October of 2013 and a record low of -47.10 percent in October of 2012. source: Statistics South Africa

Gold Production in South Africa is expected to be -8.00 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 -13.00 in 12 months time. In the long-term, the South Africa Gold Production YoY is projected to trend around -15.00 percent in 2020, according to our econometric models.

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South Africa Gold Production YoY

Actual Previous Highest Lowest Dates Unit Frequency
5.20 -1.40 75.70 -47.10 1981 - 2019 percent Monthly
NSA


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

South Africa Business Last Previous Highest Lowest Unit
Business Confidence 26.00 21.00 92.00 12.00 points [+]
Manufacturing PMI 47.10 47.70 57.89 38.38 points [+]
Industrial Production -3.60 -0.80 18.50 -23.20 percent [+]
Industrial Production Mom -1.50 2.50 9.10 -8.70 percent [+]
Capacity Utilization 80.40 81.70 86.20 76.90 percent [+]
Changes in Inventories -9526.00 27391.00 66699.00 -59774.00 ZAR Million [+]
Bankruptcies 219.00 178.00 511.00 63.00 Companies [+]
Total Vehicle Sales 41698.00 44670.00 65689.00 18482.00 [+]
Car Registrations 28965.00 31403.00 43659.00 5155.00 [+]
Leading Economic Index 0.70 -0.70 4.70 -3.70 percent [+]
Internet Speed 6736.79 6595.61 6736.79 685.91 KBps [+]
IP Addresses 4274668.00 3727821.00 6727656.00 520279.00 IP [+]
Mining Production -3.10 -2.10 23.20 -17.40 percent [+]
Steel Production 384.90 501.90 885.00 182.00 Thousand Tonnes [+]
Coincident Index 93.10 92.70 141.17 88.12 points [+]
Competitiveness Index 62.44 60.76 62.44 4.31 Points [+]
Competitiveness Rank 60.00 67.00 67.00 35.00 [+]
Composite Pmi 47.60 48.60 52.70 46.40 points [+]
Ease of Doing Business 84.00 82.00 84.00 32.00 [+]
Electricity Production 20653.00 21571.00 23801.00 10439.00 Gigawatt-hour [+]
Corruption Index 43.00 43.00 56.80 41.00 Points [+]
Corruption Rank 73.00 71.00 73.00 23.00 [+]
Gold Production 5.20 -1.40 75.70 -47.10 percent [+]