Key findings: P0441 - Gross Domestic Product (GDP), 3rd Quarter 2016

South Africa's gross domestic product (GDP) growth rate was 0,2% in the third quarter of 2016.

 The main contributors to the GDP growth rate were the mining and quarrying industry; finance, real estate and business services; and general government services. Mining and quarrying increased by 5,1%, largely as a result of higher production in the mining of 'other' metal ores, in particular iron ore.

Four industries contracted in the third quarter, namely agriculture, forestry and fishing (-0,3%); manufacturing (-3,2%); electricity, gas and water (-2,9%); and trade, catering and accommodation (-2,1%). The agriculture, forestry and fishing industry has been in decline for seven consecutive quarters.