Economic growth can be reported in a number of different ways. Annual growth, quarter-on-quarter and year-on-year are terms that are commonly used in the context of gross domestic product (GDP). What do these terms mean? In preparation for Stats SA’s next release of GDP data on 6 December, this article explores the different ways in   read more »

Media release                                                                                                  24 November 2016 Annual financial statistics, 2015  The total annual turnover of private sector businesses operating in the South African economy[1] increased by 5,5% between 2014 and 2015, from a revised R7,8 trillion in 2014 to an estimated R8,3 trillion in 2015, according to the latest Annual financial statistics, 2015 report released by   read more »

MEDIA RELEASE                                                                                             22 November 2016                                        Quarterly Labour Force Survey – QLFS Q3:2016 The results of the Quarterly Labour Force Survey (QLFS) for the third quarter of 2016 released by Statistics South Africa today, indicate that employment grew by 288 000 after two successive quarterly declines. However, the growth in employment was offset by the increase   read more »

Media Release                                                                                                                                                                            7 October  2016 QUARTERLY EMPLOYMENT STATISTICS June 2016   There was an estimated 9 218 000 jobs reported in the formal non-agricultural sector in June 2016. This reflected a net decrease of 67 000 employees or -0,7% compared to March 2016. There was an annual job gains of 30 000 (+0,3%) between the second   read more »

The South African formal sector employment shrank by 67 000 jobs in the second quarter of this year. According to the June 2016 Quarterly Employment Statistics (QES) survey released by Statistics South Africa, an estimated 9 218 000 persons were employed in the formal non-agricultural sector of the South African economy. Quarterly employment losses were observed in all   read more »

Did you know that over half of the manufacturing workforce in South Africa is located in just three metros: Johannesburg, Cape Town and eThekwini? This one of many facts about the manufacturing industry published in two reports from Stats SA. The reports provide a probing look into the industry, covering data on income, employment, salaries   read more »

Press statement Embargo: Tuesday 06 September 2016, 11:30   GDP in the second quarter of 2016 grew by 3,3%   Gross domestic product (measured by production) South Africa’s gross domestic product (GDP) growth rate was 3,3% in the second quarter of 2016.1 The main contributors to the GDP growth rate were the manufacturing industry and   read more »

South Africa’s economy grew by 3,3% quarter-on-quarter (seasonally adjusted and annualised), according to estimates of real gross domestic product (measured by production). This is the fastest quarter-on-quarter rise in economic activity since the fourth quarter of 2014. Year-on-year growth in the second quarter of 2016 was 0,6%. The mining and manufacturing industries contributed over half   read more »

The Statistician-General, Pali Lehohla and Minister Jeff Radebe, Minister in the Presidency: Planning, Monitoring and Evaluation, released the results of the Community Survey (CS) 2016 on 30 June 2016. The survey reflects the progress that the country has made 20 years since Census 1996 in terms of educational attainment, service delivery, poverty reduction and access   read more »

How well have South African businesses performed? This can be a complicated question that can be tackled with a range of indicators. From the wealth of financial data available from the recently published Quarterly Financial Statistics (QFS), Stats SA takes a look at one such indicator: the profit margin ratio.   A limitation of financial   read more »