European places to visit for Under economic sanctions, South Africa’s economy struggled as foreign powers shunned the nation’s policy of apartheid, or government sponsored segregation. With apartheid behind it, the country can be described as a middle-income, developing nation with an abundant supply of resources and well-developed financial, legal, communications, energy, and transport sectors. Its stock exchange ranks among the 10 largest in the world, and is accompanied by a wide infrastructure supporting ongoing major shipment transactions with other parts of the globe. South Africa’s GROSS DOMESTIC PRODUCT (GDP) at the end of 2001 was $412 billion, with a per capita GDP of $9,400. These figures speak for themselves when comparing them with the 1991 figures”a mere decade earlier. At the end of 1991, the GDP was $131 billion and the per capita was $3,110. But, this has been no surprise to economic forecasters monitoring the country’s performance. European places to visit 2016.