The total turnover of annual financial statistics (AFS) industries¹ was estimated at R9 932 236 million (R9,9 trillion) for 2018, an increase of 5,3% compared with the revised estimate of R9 435 439 million (R9,4 trillion) for 2017. 

Between 2017 and 2018 turnover increased in eight of the nine industries covered by the survey. The largest percentage increase was reported in activities auxiliary to financial intermediation, real estate and other business services² (+14,3%), followed by community, social and personal services³ (+11,0%), mining and quarrying (+10,6%), transport, storage and communication (+6,1%), forestry and fishing (+4,5%), manufacturing (+4,4%), trade (+3,7%) and electricity, gas and water supply (+3,2%). A decrease was reported for construction (-4,7%).

Purchases amounted to R5 875 308 million in 2018, representing an increase of 4,3% compared with the revised estimate for 2017. Mining and quarrying reported the largest increase (+17,2%), followed by activities auxiliary to financial intermediation, real estate and other business services² (+9,2%), community, social and personal services³ (+9,0%), manufacturing (+5,8%), transport, storage and communication (+5,0%), forestry and fishing (+4,8%), electricity, gas and water supply (+2,6%) and trade (+2,3%). A decrease was reported for construction (-0,4%).

Employment cost amounted to R1 377 242 million in 2018, representing an increase of 6,4% compared with the revised estimate for 2017. Activities auxiliary to financial intermediation, real estate and other business services² reported the largest increase (+11,6%), followed by forestry and fishing (+8,9%), community, social and personal services³ (+8,7%), transport, storage and communication (+7,7%), mining and quarrying (+7,1%), trade (+6,6%) and manufacturing (+4,8%). Decreases were reported for electricity, gas and water supply (-7,9%) and construction (-4,0%).

Capital expenditure on assets amounted to R494 128 million in 2018, representing a decrease of -1,1% compared with the revised estimate for 2017. The largest decrease was reported for electricity, gas and water supply (-16,3%), followed by transport, storage and communication (-14,0%), trade (-5,5%) and construction (-2,2%). Increases were reported for mining and quarrying (+29,0%), manufacturing (+8,8%), activities auxiliary to financial intermediation, real estate and other business services² (+6,9%), community, social and personal services³ (+2,5%) and forestry and fishing (+0,7%).

The carrying value of property, plant and equipment and intangible assets amounted to R3 300 015 million in 2018, an increase of 5,2% compared with the revised estimate for 2017. The largest increase was reported in community, social and personal services³ (+40,1%), followed by activities auxiliary to financial intermediation, real estate and other business services² (+15,6%), forestry and fishing (+11,3%), electricity, gas and water supply (+8,1%), transport, storage and communication (+5,1%), trade (+2,7%) and manufacturing (+2,5%). Decreases were reported for mining and quarrying (-3,4%) and construction (-1,9%).

¹All industries in the South African economy, excluding agriculture, hunting, financial intermediation, insurance, pension funding, other business services not elsewhere classified, government and educational institutions.

²Excluding financial intermediation, insurance, pension funding and business services not elsewhere classified.

³Excluding government and educational institutions.