South African GDP grows by 1,6%
After contracting by 0,7% in the second quarter of 2022, the economy rallied in the third quarter, expanding by 1,6%.1 The agriculture, finance, transport and manufacturing industries were the main drivers of growth on the supply side of the economy. The demand side of the economy was lifted by a rise in exports and government read more »
Statistics South Africa to release the Gross Domestic Product (GDP) Q3 2022
MEDIA ADVISORY 01 December 2022 Statistics South Africa to release the Gross Domestic Product (GDP) Q3 2022 Statistics South Africa (Stats SA) will release the results of the Gross domestic product (GDP) for the third quarter of 2022, at a media briefing to be held on Tuesday, 6 December 2022 in Pretoria. Media briefing will read more »
South African GDP declines by 0,7%
After two consecutive quarters of positive growth, real gross domestic product (GDP) decreased by 0,7%1 in the second quarter of 2022 (Q2: 2022). The devastating floods in KwaZulu-Natal and load shedding contributed to the decline, weakening an already fragile national economy that had just recovered to pre-pandemic levels. Manufacturing the biggest drag on GDP The flooding read more »
After two years, GDP returns to pre-pandemic levels
South African gross domestic product (GDP) expanded by 1,9% in the first quarter of 2022, representing a second consecutive quarter of upward growth.1 The size of the economy is now at pre-pandemic levels, with real GDP slightly higher than what it was before the COVID-19 pandemic. This release covers the first quarter of the year read more »
Statistics South Africa to release the Gross Domestic Product (GDP), 1st Quarter 2022
MEDIA ADVISORY 2 June 2022 Statistics South Africa to release the Gross Domestic Product (GDP), 1st Quarter 2022 Statistics South Africa (Stats SA) will release the results of the Gross Domestic Product (GDP) for the first quarter of 2022 at a media briefing to be held on Tuesday, 7 June 2022 in Pretoria. Media briefing read more »
Statistics South Africa to release the Gross Domestic Product (GDP), 4th Quarter 2021
MEDIA ADVISORY 3 March 2022 Statistics South Africa to release the Gross Domestic Product (GDP), 4th Quarter 2021 Statistics South Africa (Stats SA) will release the results of the Gross Domestic Product (GDP) for the fourth quarter of 2021 at a media briefing to be held on Tuesday, 8 March 2022 in Pretoria. Media briefing read more »
Third wave of COVID and civil disorder pummel economy as GDP falls by 1,5%
Under the twin pressures of tighter COVID-19 lockdown restrictions and a spate of civil disorder in July, as well as several other headwinds, the South African economy contracted in the third quarter of 2021 (July–September). After recording four consecutive quarters of positive growth, real gross domestic product (GDP) slumped by 1,5%1, eroding some of the read more »
Statistics South Africa to release the Gross domestic product (GDP), 3rd Quarter 2021
MEDIA ADVISORY 2 December 2021 Statistics South Africa to release the Gross domestic product (GDP), 3rd Quarter 2021 Statistics South Africa (Stats SA) will release the results of the Gross domestic product (GDP) for the third quarter of 2021 at a media briefing to be held on Tuesday, 7 December 2021 in Pretoria. Media read more »
Statistics South Africa to release the Gross domestic product (GDP), 2nd Quarter 2021
MEDIA ADVISORY 2 September 2021 Statistics South Africa to release the Gross domestic product (GDP), 2nd Quarter 2021 Statistics South Africa (Stats SA) will release the results of the Gross domestic product (GDP) for the second quarter of 2021 at a media briefing to be held on Tuesday, 7 September 2021 in Pretoria. Media briefing read more »
A new and improved GDP is here!
Stats SA has finalised a comprehensive overhaul of its national accounts. The latest gross domestic product (GDP) rebasing and benchmarking exercise has resulted in an upward revision in the size of the economy, as well as changes to the composition of the supply and demand sides of economic activity. Remaining relevant is key Any statistical read more »