|
Related Topics |
|
We take a look at the latest gross domestic product (GDP) numbers published by Statistics South Africa and focus on the contribution of South Africa's provinces to the overall GDP of South Africa. Which provinces contributes the most to South Africa's economic activity?
|
Sandton, the richest square mile in Africa and part of Gauteng's economic hub
|
Relative contribution of South Africa's various provinces to its GDP
The summary below shows the relative contribution (in constant prices) of the various provinces to South Africa's GDP, ranked from biggest contribution to smallest contribution.
So Gauteng is by far the biggest contributor to South Africa's GDP, with it contributing more than double than what KwaZulu-Natal, the 2nd biggest contributor to South Africa's GDP contributes. The Western Cape is the 3rd biggest contributor to South Africa's GDP. Surprising for some might be the fact that KwaZulu-Natal contributes more to South Africa's GDP than the Western Cape. But the reason for this is the significant ports infrastructure that KwaZulu-Natal possesses. The Durban harbor is the busiest part in South Africa and KwaZulu-Natal has the the Richards Bay Coal Terminal, a dedicated port for South Africa's massive coal exports. So lets take a look at which sector contributes the most to each of the provinces economy.
- Gauteng: 34.94%
- KwaZulu-Natal: 16.04%
- Western Cape: 13.86%
- Eastern Cape: 7.51%
- Mpumalanga: 7.24%
- Limpopo: 7.18%
- North West: 5.89%
- Free State: 5.14%
- Northern Cape: 2.19%
So Gauteng is by far the biggest contributor to South Africa's GDP, with it contributing more than double than what KwaZulu-Natal, the 2nd biggest contributor to South Africa's GDP contributes. The Western Cape is the 3rd biggest contributor to South Africa's GDP. Surprising for some might be the fact that KwaZulu-Natal contributes more to South Africa's GDP than the Western Cape. But the reason for this is the significant ports infrastructure that KwaZulu-Natal possesses. The Durban harbor is the busiest part in South Africa and KwaZulu-Natal has the the Richards Bay Coal Terminal, a dedicated port for South Africa's massive coal exports. So lets take a look at which sector contributes the most to each of the provinces economy.
The summary below shows the province, the sector that contributes the most to its GDP and the contribution of that sector to the particular provinces' GDP.
So for the three biggest provinces in South Africa (in terms of economic contribution), Gauteng, KwaZulu-Natal and the Western Cape the sector that contributes the most to all three of these provinces economies is the Finance, real estate and business services sector.
For the bulk of the smaller provinces (in terms of economic size) such as Northern Cape and North West and Limpopo the biggest sector for these provinces' economy is the Mining and quarrying sector.
- Western Cape: Finance, real estate and business services: 28.3%
- Eastern Cape: General government services: 20.8%
- Northern Cape: Mining and quarrying: 26.5%
- Free State: Trade, catering and accommodation: 16.4%
- KwaZulu-Natal: Finance, real estate and business services: 16.9%
- North West: Mining and quarrying: 27.6%
- Gauteng: Finance, real estate and business services: 24.8%
- Mpumalanga: Mining and quarrying: 23.1%
- Limpopo: Mining and quarrying: 25.4%
So for the three biggest provinces in South Africa (in terms of economic contribution), Gauteng, KwaZulu-Natal and the Western Cape the sector that contributes the most to all three of these provinces economies is the Finance, real estate and business services sector.
For the bulk of the smaller provinces (in terms of economic size) such as Northern Cape and North West and Limpopo the biggest sector for these provinces' economy is the Mining and quarrying sector.