IMPROVING LIVES THROUGH DATA ECOSYSTEMS

The South African real GDP increased by 0,7% in 2023 compared with 2022. The provinces that recorded the largest growth rates were:

·        KwaZulu-Natal (1,1%);

·        Western Cape (0,8%); and

·        Eastern Cape (0,8%).

The provinces that recorded the lowest growth rates were North West (0,3%) and Free State (0,1%).

The growth rates for KwaZulu-Natal, Western Cape and Eastern Cape were above the national average, while the rest of the provinces recorded growth rates below or similar to the national average.