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chusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 232-4400 FAX: [1] (202) 265-1607 consulate(s) general: Chicago, Los Angeles, New York Diplomatic representation from the US: chief of mission: Ambassador Eric BOST embassy: 877 Pretorius Street, Pretoria mailing address: P. O. Box 9536, Pretoria 0001 telephone: [27] (12) 342-1048 FAX: [27] (12) 342-2244 consulate(s) general: Cape Town, Durban, Johannesburg Flag description: two equal width horizontal bands of red (top) and blue separated by a central green band which splits into a horizontal Y, the arms of which end at the corners of the hoist side; the Y embraces a black isosceles triangle from which the arms are separated by narrow yellow bands; the red and blue bands are separated from the green band and its arms by narrow white stripes Economy South Africa Economy - overview: South Africa is a middle-income, emerging market with an abundant supply of natural resources; well-developed financial, legal, communications, energy, and transport sectors; a stock exchange that ranks among the 10 largest in the world; and a modern infrastructure supporting an efficient distribution of goods to major urban centers throughout the region. However, growth has not been strong enough to lower South Africa's high unemployment rate, and daunting economic problems remain from the apartheid era - especially poverty and lack of economic empowerment among the disadvantaged groups. South African economic policy is fiscally conservative, but pragmatic, focusing on targeting inflation and liberalizing trade as means to increase job growth and household income. GDP (purchasing power parity): $576.4 billion (2006 est.) GDP (official exchange rate): $200.5 billion (2006 est.) GDP - real growth rate: 4.5% (2006 est.) GDP - per capita (PPP): $13,000 (2006 est.) GDP - composition by sector: agriculture: 2.6% industry: 30.3% services: 67.1% (2006 est.) Labor force: 16.09 million economically active (2006 est.) Labor force - by occupation: agriculture: 30% industry: 25% services: 45% (1999 est.) Unemployment rate: 25.5% (2006 est.) Population below poverty line: 50% (2000 est.) Household income or consumption by percentage share: lowest 10%: 1.1% highest 10%: 45.9% (1994) Distribution of family income - Gini index: 59.3 (1995) Inflation rate (cons
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