![Real gross domestic product (GDP) at market prices increased by 3,0 per cent during the second quarter of 2013.](https://www.statssa.gov.za/wp-content/uploads/2013/08/GDP_27Aug13-64x64.jpg)
Real gross domestic product (GDP) at market prices increased by 3,0 per cent during the second quarter of 2013.
27 August 2013: 11:30 a.m. The seasonally adjusted real GDP at market prices for the second quarter of 2013 increased by an annualised rate of 3,0 per cent compared with an increase of 0,9 per  cent during the first quarter of 2013. GDP is one of the Economic Indicators which measures the rate of economic read more »
![What is GDP and its impact?](https://www.statssa.gov.za/wp-content/uploads/2013/07/GDP_andUnemployment-64x64.jpg)
What is GDP and its impact?
Government and all businesses, from small to multinational, need the facts on the economy that this release provides. Aneen Jordaan reports The gross domestic product (GDP) of a country is one of the main indicators used to measure the performance of a country’s economy. The Macmillan dictionary defines economy as the system by which a read more »
![Gross Domestic Product (GDP) figures released.](https://www.statssa.gov.za/wp-content/uploads/2013/06/GDP-64x64.png)
Gross Domestic Product (GDP) figures released.
Gross Domestic Product (GDP) figures for the first quarter of 2013 were released on 28 May 2013, at a press conference in Sandton, which included key stakeholders from other institutions. The much anticipated release drew wide reaction from various market watchers, while the media appreciated Stats SA’s initiative of taking data to them. “This is read more »
The role of biodiversity-based tourism in South Africa
A first of its kind, the release of South Africa’s experimental estimates for biodiversity-based tourism paints a picture of this sector’s contribution to economic activity, employment and tourism spend. What is biodiversity-based tourism? If you visit a game park, hike at a nature reserve, snorkel along the coast, relax in a national botanical garden, or read more »
![Economic wrap-up for June 2024](https://www.statssa.gov.za/wp-content/uploads/2024/07/overvi-64x64.jpg)
Economic wrap-up for June 2024
June was a bumper month for statistical reports. Stats SA published 40 releases in the month, providing monthly, quarterly and annual economic updates. Here are a few highlights. The South African economy weakens in the first quarter The month began with the release of the latest gross domestic product (GDP) figures. The economy contracted by read more »
Stats Biz – May 2024
Real gross domestic product (GDP) contracted by a marginal 0,1% in the first three months of 2024. This followed a revised 0,3% increase in the fourth quarter of 2023. Weaker manufacturing, mining and construction drove much of the downward momentum on the production side of the economy, while the expenditure side witnessed a decline across read more »
![Economy 0,1% weaker in the first quarter](https://www.statssa.gov.za/wp-content/uploads/2024/06/gdp8-64x64.jpg)
Economy 0,1% weaker in the first quarter
Real gross domestic product (GDP) contracted by a marginal 0,1% in the first quarter (January–March) of 2024.1 This followed a revised 0,3% increase in the fourth quarter of 2023. Weaker manufacturing, mining and construction drove much of the downward momentum on the production (supply) side of the economy, while the expenditure (demand) side witnessed a read more »
![Economic wrap-up for May 2024](https://www.statssa.gov.za/wp-content/uploads/2024/06/sd-64x64.jpg)
Economic wrap-up for May 2024
Stats SA published 24 releases in May, with many providing a preliminary overview of economic performance in the first quarter (January–March). Key industries down in the first three months of the year Mining, manufacturing, electricity, construction, retail trade, motor trade and road transport were weaker in the first quarter of 2024 compared with the fourth read more »
![Economic wrap-up for March 2024](https://www.statssa.gov.za/wp-content/uploads/2024/04/EconPic1-64x64.jpg)
Economic wrap-up for March 2024
Stats SA had a packed publication schedule in March. The statistical agency published 37 releases in the month, including several annual and quarterly reports. Notable releases: Tourism, water and municipal services The headwinds from the COVID-19 pandemic hit all industries hard, including the tourism sector. Although tourism is slowly returning to an even keel, it read more »
![Tourism: the state of post-COVID-19 recovery](https://www.statssa.gov.za/wp-content/uploads/2024/03/travel1-64x64.jpg)
Tourism: the state of post-COVID-19 recovery
The economic fallout from COVID-19 affected many industries, including South Africa’s tourism sector. A decline in revenue from domestic (resident) visitors and inbound (non-resident) visitors, exacerbated by stringent travel restrictions, saw a fall in tourism trips, tourism-related expenditure, and employment. The sector has shown signs of recovering from the pandemic’s repercussions. The latest Tourism Satellite read more »