Gross Domestic Product (GDP) for the fourth quarter of 2016
•
0 likes•267 views
- South Africa's GDP contracted by 0.3% quarter-on-quarter in Q4 2016, though grew 0.7% year-on-year. For 2016, GDP increased 0.3% compared to 2015 in constant prices. - The primary sectors such as mining and agriculture experienced contractions in Q4 2016, while tertiary sectors like finance and real estate saw increased activity. - Household consumption expenditure grew 2.2% quarter-on-quarter in Q4 2016 driven by spending on food, beverages and clothing. Exports of precious metals increased significantly while imports of machinery rose.
Recommended
More Related Content
What's hot
Viewers also liked
Viewers also liked (15)
Similar to Gross Domestic Product (GDP) for the fourth quarter of 2016
Similar to Gross Domestic Product (GDP) for the fourth quarter of 2016 (20)
More from Statistics South Africa
More from Statistics South Africa (20)
Recently uploaded
Recently uploaded (20)
Gross Domestic Product (GDP) for the fourth quarter of 2016
- 1. GDP Q4 2016 Gross domestic product, 4th quarter 2016 Embargoed until: 7 March 2017, 11:30am @StatsSA #GDP GDP Q4 2016
- 3. GDP Q4 2016 Headline figure: GDP (production)
- 4. GDP Q4 2016 Quarter-on-quarter -0,3% in Q4 2016 Seasonally adjusted and annualised Year-on-year 0,7% in Q4 2016 Unadjusted GDP increased by 0,3% in 2016 (compared with 2015) Constant 2010 prices
- 5. GDP Q4 2016 Mining and manufacturing were the two major industries that contributed negatively to growth in Q4 2016 Quarter-on-quarter, seasonally adjusted and annualised GDP growth rates
- 6. GDP Q4 2016 The primary sector experienced a contraction in Q4 2016 Quarter-on-quarter, seasonally adjusted and annualised -9,0% -1,8% 1,6% Growth rates in various sectors
- 7. GDP Q4 2016 0,2 0,0 0,3 0,3 0,1 0,1 0,0 0,0 -0,4 -0,9 GDP -0,3% LHS: growth rates RHS: contributions Quarter-on-quarter, seasonally adjusted and annualised
- 8. GDP Q4 2016 Growth rates by sector Quarter-on-quarter, seasonally adjusted and annualised, Q4 2016 Lower production was recorded for coal, gold and ‘other’ metal ores such as platinum and iron ore Agriculture 0,1%9,0% 11,5% PRIMARY SECTOR Mining
- 9. GDP Q4 2016 Growth rates by sector Quarter-on-quarter, seasonally adjusted and annualised, Q4 2016 The fall in manufacturing was a result of decreases in the production of food and beverages, petroleum and chemicals, and transport equipment Electricity 2,4%0,4% Construction 1,8% SECONDARY SECTOR Manufacturing 3,1%
- 10. GDP Q4 2016 Growth rates by sector Quarter-on-quarter, seasonally adjusted and annualised, Q4 2016 Increased activity was reported for financial intermediation, auxiliary activities and real estate services Trade 2,1% Transport 2,6%1,6% TERTIARY SECTOR Finance 1,6% Government 0,9% Personal services 1,0%
- 11. GDP Q4 2016 Nominal GDP values for Q4 2016
- 12. GDP Q4 2016 Nominal GDP estimated at R1 117 billion for Q4 2016, R23 billion more than Q3: 2016 Trade expanded by R19 billion to R164 billion Transport & communication expanded by R5 billion to R105 billion Mining expanded by R5 billion to R84 billion Electricity decreased by R7 billion to R30 billion Agriculture decreased by R11 billion to R13 billion
- 13. GDP Q4 2016 Shares of nominal GDP Q4 2016
- 14. GDP Q4 2016 GDPp: revised and annual figures
- 15. GDP Q4 2016 GDPp annual revisions Constant 2010 prices Level of GDPp revised slightly upwards
- 16. GDP Q4 2016 GDPp increased by 0,3% in 2016 (compared with 2015) Constant 2010 prices
- 17. GDP Q4 2016 Annual GDP growth rates Constant 2010 prices The declining trend continues in 2016
- 18. GDP Q4 2016 GDP 0,3% Industry growth in 2016 0,4 0,2 0,2 0,1 0,0 0,1 0,0 -0,1 -0,4 -0,2 LHS: growth rates RHS: contributions
- 19. GDP Q4 2016 GDP Q3 2016 Expenditure on GDP GDP Q4 2016
- 20. GDP Q4 2016 Expenditure on GDP decreased by 0,1% in Q4 2016 (quarter-on-quarter) Seasonally adjusted and annualised Expenditure on GDP increased by 0,5% in 2016 (compared with 2015) Constant 2010 prices
- 21. GDP Q4 2016 Changes in inventories contributed negatively to growth in Q4 2016 Quarter-on-quarter, seasonally adjusted and annualised Expenditure on GDP growth rates
- 22. GDP Q4 2016 3,4 -1,8 1,3 0,3 0,1 LHS: growth rates RHS: contributions Change in inventories: -R16 402 million (contribution of -3,5 percentage points) Quarter-on-quarter, seasonally adjusted, annualised Expenditure on GDP: -0,1%
- 24. GDP Q4 2016 Household final consumption expenditure increased by 2,2% in Q4 2016 (quarter-on-quarter) Seasonally adjusted and annualised
- 25. GDP Q4 2016 Quarter-on-quarter, seasonally adjusted and annualised HFCE growth rates Increased spending was reported for miscellaneous goods, food and beverages, and clothing and footwear items
- 26. GDP Q4 2016 0,6 0,7 0,4 0,2 0,2 0,5 0,0 0,0 -0,6 0,2 0,0 0,0 LHS: growth rates RHS: contributions 2,2% HFCE by purpose Quarter-on-quarter, seasonally adjusted and annualised
- 27. GDP Q4 2016 0,6 1,4 0,0 LHS: growth rates RHS: contributions 2,2% HFCE by durability Quarter-on-quarter, seasonally adjusted and annualised 0,1
- 29. GDP Q4 2016 Government final consumption expenditure increased by 0,3% in Q4 2016 (quarter-on-quarter) Seasonally adjusted and annualised
- 30. GDP Q4 2016 An increase in employment numbers contributed to growth in Q4 2016 Quarter-on-quarter, seasonally adjusted and annualised GFCE growth rates
- 31. GDP Q4 2016 Gross fixed capital formation (GFCF)
- 32. GDP Q4 2016 Gross fixed capital formation increased by 1,7% in Q4 2016 (quarter-on-quarter) Seasonally adjusted and annualised
- 33. GDP Q4 2016 Construction works and transport equipment were the largest positive contributors in Q4 2016 Quarter-on-quarter, seasonally adjusted and annualised GFCF growth rates
- 34. GDP Q4 2016 0,2 0,7 0,5 1,2 -0,1 -0,3 -0,6 LHS: growth rates RHS: contributions 1,7% GFCF by asset type Quarter-on-quarter, seasonally adjusted and annualised
- 35. GDP Q4 2016 Change in inventories
- 36. GDP Q4 2016 Change in inventories (R million) Large drawdowns were reported for the mining industry. These were partially offset by a build-up in the manufacturing industry. Quarter-on-quarter, seasonally adjusted and annualised
- 37. GDP Q4 2016 Exports and Imports
- 38. GDP Q4 2016 Exports of goods and services 12,5% in Q4 2016 (quarter-on-quarter) Imports of goods and services 6,1% in Q4 2016 (quarter-on-quarter) Seasonally adjusted and annualised Seasonally adjusted and annualised
- 39. GDP Q4 2016 Exports of precious metals and mineral products were largely responsible for the increase in Q4 2016 Quarter-on-quarter, seasonally adjusted and annualised Exports growth rates
- 40. GDP Q4 2016 Imports of machinery and equipment were largely responsible for the increase in Q4 2016 Quarter-on-quarter, seasonally adjusted and annualised Imports growth rates
- 41. GDP Q4 2016 GDPe: revised and annual figures
- 42. GDP Q4 2016 GDPe annual revisions Constant 2010 prices Level of GDPe revised slightly downwards
- 43. GDP Q4 2016 Expenditure on GDP increased by 0,5% in 2016 (compared with 2015) Constant 2010 prices
- 44. GDP Q4 2016 Annual GDPe growth rates Constant 2010 prices The declining trend continues in 2016
- 46. GDP Q4 2016 LP 1,9% MP -0,2% KZN 0,8% EC 0,7% FS -0,2% NW 4,9% NC 0,9% WC 1,5% GP 1,4% South Africa 1,3% Which provincial economies grew in 2015? Annual change: constant prices
- 47. GDP Q4 2016 Provincial contribution to the national economy - 2015 -
- 48. GDP Q4 2016 Percentage distribution of economic activity within each province (2015) Current prices 25% 23% 20% 17% 18% 33% 25% 23% 27%
- 49. GDP Q4 2016 Percentage distribution of industrial activity across provinces (2015) Gauteng has the largest share of eight of the ten industries in South Africa. South African agriculture production is concentrated in KwaZulu-Natal and Western Cape Current prices 26% 28% 39% 30% 33% 31% 35% 42% 30% 40%
- 51. GDP Q4 2016 Quarter-on-quarter, seasonally adjusted and annualised GDP and expenditure on GDP growth rates
- 52. GDP Q4 2016 Quarter-on-quarter -0,3% in Q4 2016 Seasonally adjusted and annualised Year-on-year 0,7% in Q4 2016 Unadjusted GDP increased by 0,3% in 2016 (compared with 2015) Constant 2010 prices