The South African economy grew by 1,1% in the first quarter of 2021 (January–March), translating into an annualised growth rate of 4,6%.1 This follows a revised 1,4% (annualised: 5,8%) rise in real gross domestic product (GDP) in the fourth quarter of 2020. The finance, mining and trade industries were the main drivers of output on   read more »

MEDIA ADVISORY                                                                   3 June 2021   Statistics South Africa to release the results of the Gross domestic product (GDP), 1st Quarter 2021 Statistics South Africa (Stats SA) will release the results of the Gross domestic product (GDP) for the first quarter of 2021 at a media briefing to be held on Tuesday, 8 June 2021   read more »

If you work with gross domestic product (GDP) data or have an interest in economic statistics, the following note might be important to you. Stats SA announced in its most recent GDP statistical release1 that it will no longer use the annualised rate as the headline rate of change. There are several measures of economic   read more »

Stats SA’s Gross domestic product (GDP) release for the fourth quarter of 2020 (October–December) concludes the series for the year, providing a sobering overview of 2020.   Manufacturing and trade help lift growth in the fourth quarter The economy grew by 1,5% in the fourth quarter, giving an annualised1 growth rate of 6,3%. This follows   read more »

South Africa’s economy rebounded in the third quarter of 2020 (July–September), coinciding with the easing of COVID-19 lockdown restrictions. All industries recorded an increase in economic activity compared with the second quarter, with manufacturing, trade and mining leading the charge. Businesses were supported by an increase in both exports and household spending. Gross domestic product   read more »

MEDIA ADVISORY                                                                   3 December 2020 Statistics South Africa to release the Gross Domestic Product (GDP), 3rd Quarter 2020 Statistics South Africa (Stats SA) will release the results of the Gross domestic product (GDP) for the 3rd quarter of 2020, at a media briefing to be held on Tuesday, 8 December 2020. Media briefing will be   read more »

The punch in the gut was severe. Perhaps the second quarter of 2020 will become known as the pandemic quarter. South Africa’s economy suffered a significant contraction during April, May and June, when the country operated under widespread lockdown restrictions in response to COVID-19. Gross domestic product (GDP) fell by just over 16% between the   read more »

MEDIA ADVISORY                                                                   2 September 2020   Statistics South Africa to release the Gross domestic product (GDP) Q2 2020 Statistics South Africa (Stats SA) will release the results of the Gross domestic product (GDP) for the second quarter of 2020, at a media briefing to be held on Tuesday, 8 September 2020. Media briefing will be   read more »

The South African economy recorded its third consecutive quarter of economic decline, falling by 2,0% (seasonally adjusted and annualised) in the first quarter of 2020.1 This followed a contraction of -1,4% and -0,8% in the fourth and third quarters of 2019, respectively. The results presented here cover the period 1 January 2020 to 31 March   read more »

MEDIA ADVISORY                                                                                                             read more »