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Global Ageing 2010: South Africa
Author(s): Christian Esters,Marko Mrsnik
Organisation: Standard and Poor's
  • South Africa's population is expected to grow to 57 million by 2050, with the proportion of elderly people increasing to 10.1% from 4.6% today.
  • Age-related spending is projected to increase to 8% of GDP in 2050 from 4.5% at present, while net general government debt would increase to 93% of GDP in our base-case scenario.
  • Alternative scenarios - incorporating a balanced budget assumption for 2016 and the assumption of no additional age-related spending - led to significantly lower net general government debt levels.
Sector: Economic
Topic:
Method: Scenarios
Type: Other publication
Tags:
Date published: 15 November 2010
Language(s): English
Country:
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GlobalAging2010SouthAfrica.pdf
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