South Africa and Nigeria Economy

                                                                    South Africa 

 Economic System: Mixed Economy

Natural Resources: Gold, Coal, Iron ore, Nickel, Tin, Diamond, Uranium, Copper, Salt, natural Gas

Arable land: 9.9% arable land    Corn, Wheat, Sugarcane, Fruit, Vegi, Beef, Wool, Dairy Products

Industries: Mining Materials is automobiles, metal working, textiles, iron and steel, chemicals, fertilizer, food stuffs, commertial ship repair

Exports: Gold, Diamonds, Platinum, other metals, Minerals, machinery, and equipment

Literacy Rate: 93% of people can read

Unemployment and 

Poverty: 22.7% is unemployment and poverty is 31.3%

GDP: 592 billion ranked 26th in the world




                                               Nigeria

 Economic System: Mixed Economy

Natural Resources: Natural gas, petroleum, tin, iron ore, coal, limestone, lead, zinc

Arable land: 38.7% is arable  Cocoa, peanuts, cotton, corn, rice, yams, rubber, sheep, goats,pigs, timber, and fish

Industries: Crude oil, coal, tin, rubber products, wood, textiles, cement, food, footwear, chemicals, fertilizer, printing, and steel

Exports: Coco and rubber

Literacy Rate: Men 72.1% Women 50.4%

Unemployment and 

Poverty: Unemployment 23.9% Poverty 70%

GDP: 455.5 billion and 31st in the world