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Economic growth | Statistics South Africa Following a contraction of 0,1% in the third quarter of 2024, the South African gross domestic product (GDP) expanded by 0,6% in the fourth quarter (October–December) 1 Growth was led by agriculture, finance and trade on the supply (production) side of the economy
THE STATE OF THE ECONOMY AND FINANCES OF THE GAUTENG PROVINCE Background: Gauteng’s critical economic indicators omy in South Africa and the fourth biggest economy in Africa The Gross Domestic Product (GDP) of Gauteng currently stands at just over R2 4 trillion - accounting for almost 34 percent of the national GDP and mo e than 10% of the total GDP of the entire sub-Saharan region This
South African Economic Reconstruction and Recovery The Economic Reconstruction and Recovery Plan aims to build a new economy and unleash South Africa’s true potential The overarching goal of the plan is to create sustainable, resilient and inclusive economy It will focus on the following priority areas
Economy - Investopedia The economy is the total of all activities related to the production, sale, distribution, exchange, and consumption of limited resources by a group of people living and operating within it
Economic Data - Johannesburg The city's contribution to the national economy is almost 16%, while it is 40% to the Gauteng province Per capita gross geographic product (GGP) in Johannesburg is R31 000 This compares to World Bank-designated middle-income countries whose average GGP per capitais R33 000
Economy - Meaning, Types, Functions, How Does it Work? An economy comprises processes and activities tied to the production, commerce, distribution, and consumption of commodities and services in a region It involves producers, customers, markets, and governments