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24Peaks / Africa / South Africa / High Job Creation Expectation

South Africa - High Job Creation Expectation 21.42

GEM APS · updated 2026-10-03 · 116 economies tracked

Latest value

21.42 (2023)

Global rank

#n/a of 116 economies

Share of global total

2.1%

Growth since 2001

1.03×

Ranking Race — High Job Creation Expectation

1 = global #1 · higher value ranks higher

#1#11#21#31#41#51200120062011201620212024#8#222017 overtook Hong Kong SAR, China2023 overtook Uruguay
South AfricaUnited Arab EmiratesSaudi ArabiaQatarCyprus

Real annual global ranks, 2001 - 2024. South Africa climbed from #8 to #22 (overtook Hong Kong SAR, China). Gaps in a lane = missing data that year.

Key events for South Africa ↓

Key Events — South Africa

Auto-detected from rank data + curated milestones

2002
Fell 21 places in global rank auto
2005
Fell 20 places in global rank auto
2009
Global crisis recession curated

First recession in 17 years.

2015
Credit rating downgrades curated

Fiscal and growth concerns trigger rating cuts.

2017
Overtook Hong Kong SAR, China in global rank auto
2020
COVID-19 recession curated

Deepest contraction in a century.

2023
Overtook Uruguay in global rank auto

High Job Creation Expectation, 2001-2023

GEM APS · % of adult population · linear scale · ranking in the race above
20012006201120162021202311.8518.5725.2832

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