A contrarian investor is one who attempts to profit by investing in a manner that differs from the conventional wisdom, when the consensus opinion appears to be wrong.
"Make it your mission to understand & invest wisely. Everyone has the potential to succeed in their search for true wealth & happiness & everyone can be successful in their pursuit of financial freedom." Contrarian Invest
Tuesday, 7 August 2012
South Africa GDP
The Gross Domestic Product (GDP) in South Africa was worth
408 billion US dollars in 2011, according to a report published by the World
Bank. The GDP value of South Africa is roughly equivalent to 0.59 percent of
the world economy. Historically, from 1960 until 2010, South Africa GDP
averaged 101.0 billion USD reaching an all time high of 363.7 billion USD in
December of 2010 and a record low of 7.3 billion USD in December of 1960. The
gross domestic product (GDP) measures of national income and output for a given
country's economy. The gross domestic product (GDP) is equal to the total expenditures
for all final goods and services produced within the country in a stipulated
period of time. This page includes a chart with historical data for South
A country’s gross domestic product (GDP) is the total value of all ‘final’ goods and services, that were produced within the borders of the country, during a year.Gross domestic productThe equation used to calculate a nation’s gross domestic product is:GDP =consumption + gross investment + government spending + (exports − imports)Gross domestic product is a good measure of the size or strength of an economy. You can use the GDP figures of two countries to compare the sizes of their economies.Growing or Shrinking Economy?GDP is the market value of all the output produced in a country during one year. It is the sum of the value added at every stage of production, by all the industries in a country, during a year.This means GDP figures can be used to determine if a country’s economy isgrowing or shrinking.If a country’s economy is growing, it’s total economic output will become more. In other words, the country’s GDP will increase.