Stats Biz – November 2022
After contracting by 0,7% in the second quarter of 2022, the economy rallied in the third quarter, expanding by 1,6%. The size of the economy now exceeds pre-pandemic levels. Real gross domestic product (GDP) was R1Â 161Â billion in the third quarter, which is above the previous peak of R1Â 152Â billion recorded in 2018. Explore economic growth, as read more »
![Black Friday and shifts in consumer behaviour](https://www.statssa.gov.za/wp-content/uploads/2022/11/black3-64x64.jpg)
Black Friday and shifts in consumer behaviour
With Black Friday upon us, South African consumers have begun scouting for the latest deals. Monthly retail trade sales data show how Black Friday has shifted shopping behaviour over time. Consumers splurge during the festive season The graphic below shows the distribution of retail trade sales by month, for the year 2019. If all months read more »
![Natural Capital Accounting Forum, 2022](https://www.statssa.gov.za/wp-content/uploads/2022/11/Photo-banner-low-def-64x64.jpg)
Natural Capital Accounting Forum, 2022
Statistics South Africa (Stats SA), in partnership with the South African National Biodiversity Institute (SANBI), Department of Forestry, Fisheries and the Environment (DFFE) and the Water Research Commission (WRC) hosted the second in-person Natural Capital Accounting Forum from 18 to 19 October 2022. The event brought together a wide range of experts to share knowledge, read more »
Stats Biz – August 2022
Cautious relief was the response to Stats SA’s announcement in June that gross domestic product (GDP) had returned to pre-pandemic levels. The economy took seven quarters to get back on its feet while struggling under the strain of the pandemic. How does this compare with other countries? Data from the International Monetary Fund (IMF) provides read more »
Statistician-General to release the results of the Gross Domestic Product 2nd Quarter of 2022
MEDIA ADVISORY                                                                  1 September 2022  Statistician-General to release the results of the Gross Domestic Product 2nd Quarter of  2022 The Statistician-General of South Africa, Mr Risenga Maluleke will release the results of the Gross Domestic Product (GDP) for the second quarter of 2022 at a media briefing to be held on Tuesday, 6 read more »
![Economic recovery from COVID-19: Not all countries are equal](https://www.statssa.gov.za/wp-content/uploads/2022/08/gdpnew3-64x64.png)
Economic recovery from COVID-19: Not all countries are equal
The South African economy took almost two years to recover from the worst of the COVID-19 pandemic. How does this compare with other countries? After plummeting in the second quarter of 2020 – when lockdown restrictions were at their most stringent – South African gross domestic product (GDP) clawed itself back to pre-pandemic levels in read more »
Mbalo Brief – June 2022
Since our last issue of Mbalo Brief, Stats SA has painted a clear picture of the state of our economy in two of its statistical releases namely Gross domestic product (GDP) and the Quarterly labour force survey (QLFS). The gross domestic product for the first quarter of 2022 grew by 1,9%, representing a second consecutive read more »
![The South African economy records a positive fourth quarter](https://www.statssa.gov.za/wp-content/uploads/2022/03/gdpfirst4-64x64.jpg)
The South African economy records a positive fourth quarter
Real gross domestic product (GDP) grew by 1,2%1 in the fourth quarter (October–December), taking the annual growth rate for 2021 to 4,9%. The fourth quarter was upbeat, with personal services, trade, manufacturing and agriculture the key drivers of growth. An increase in demand for goods and services drove up the expenditure side of the economy, read more »
![Pre-lockdown business profits fall to their lowest level in 14 years](https://www.statssa.gov.za/wp-content/uploads/2021/12/AFSPic3-64x64.jpg)
Pre-lockdown business profits fall to their lowest level in 14 years
Net profit before tax in the formal business sector tumbled by 33,4% in the financial year 2020 compared with 2019, with business services and manufacturing the hardest hit. The data, from Stats SA’s latest Annual financial statistics (AFS) survey1 , which mostly covers the period before the lockdown, show that total net profit before tax read more »
![Tourism in South Africa: a pre-COVID-19 benchmark](https://www.statssa.gov.za/wp-content/uploads/2021/12/tsa4-64x64.jpg)
Tourism in South Africa: a pre-COVID-19 benchmark
The tourism sector: economic importance, employment and expenditure. These are the three themes covered by a recent report examining the pre-pandemic (2019) status of the South African tourism sector. These data will provide an important benchmark for when comparable COVID-19-era data (2020) become available. The Tourism Satellite Account (TSA) for South Africa report, released annually, read more »