In the latest release by Statistics South Africa (StatsSA), GDP was shown to have increased by 3.2% from the 3rd to 4th quarter in 2009. Year-on-year growth was however down by 1.4% from 2008. The nominal value (this value has not been adjusted for inflation) added in the economy during the 4th quarter was R624-billion.

The largest contributions to the quarter-on-quarter growth figures were the manufacturing and government sectors. These were both driven by international demand, with domestic demand still at levels below what was anticipated. Other contributors to growth in the 4th quarter were the mining and quarrying and construction sectors.

Statistics South Africa