Since 1994, South Africa’s per capita GDP, compared to the rest of the world, deteriorated by approximately 20% in relative terms, Roodt said.<\/p>\n
“In 1994, our per capita GDP was close to 85% of the world\u2019s per capita GDP. Today, it is closer to 60%.”<\/p>\n
“Even when compared to the rest of Africa, we have deteriorated. In 1994, our per capita GDP was 2.6 times that of the rest of Africa. Today, we are still much richer than the rest of Africa, but less so than in 1994.<\/p>\n
In 1994, South Africa’s per capita GDP was 4.5 times that of China. China\u2019s GDP is now double that of South Africa’s, Roodt said.<\/p>\n
<\/p>\n Power\u00a0<\/strong><\/p>\n The shocking power statistics explain a lot about South Africa’s inferior economic performance, said Roodt.<\/p>\n He noted that in 1994, South Africa generated more electricity on a per capita basis than the rest of the world. Today, the country generates close to 60% of the world\u2019s average \u2013 indicative of a catastrophic collapse.<\/p>\n “In 1994, we generated nearly six times as much electricity on a per capita basis as China. Today, we generate half of theirs. Is our economic performance surprising then?”<\/p>\n Lifestyle\u00a0<\/strong><\/p>\n Life expectancy typically correlates with ‘everything that is good’, Roodt said.<\/p>\n “In 1994, our average life expectancy was close to the world\u2019s average. Today, it is about 85% of the world\u2019s average. But take note of the trend: Because of the ANC\u2019s disastrous AIDS policies under Mbeki, there was a dramatic fall in life expectancy. This was turned around by Zuma \u2013 probably the only good thing he did as president.”<\/p>\n “Compared to Africa, our life expectancy today is lower than that of the poorest continent in the world.”<\/p>\n Perceptions<\/strong><\/p>\n Roodt noted that South Africans are not ignorant of the mismanagement, corruption, and incompetence of the ANC and its governance – pointing to a steady decline in perceptions over the past 10 years.<\/p>\n “On the last graph, we see that the middle 1990s was a time of political upheaval and violence. After 1994, there was a dramatic improvement but, in recent years, political instability has returned.<\/p>\n “My picture-story does not show a successful country with a diligent, responsible, and effective government. And despite all the promises of a \u2018new dawn\u2019, I do not see things changing. But as they say, a country gets the government it deserves,” he said.<\/p>\n![\"\"](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2021\/10\/GDP.png\")
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