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No, It's considered an emerging market or developing country. The South African economy is however very unique to other countries in the world, having a tier two economy one showing clear traits of a developed nation with high human development and first-world infrastructure and other areas showing traits of a lower-middle class or low income area where unemployment along with a lack of high education remains high . Huge inequality is also a major concern dragging down South Africa's ranking on the world human development index.

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12y ago

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