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KwaZulu-Natal's Economic Structure from 1995 to 2014:
Note data is based on 2010 constant prices (effects of inflation removed), and its GDP at basic prices (excluding taxes and subsidies) Let the animation run, or select a year, and pause and resume as you see fit. |
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The Losers:
The Winners:
The big loser in KwaZulu-Natal's economy is the Manufacturing sector. As is the case with the South African's animation , has dropped off significantly over the years's in Kwazulu-Natal's economy. Systematic problem of rather importing cheaper goods from China than manufacturing it ourselves. Especially when South Africa has power supply issues.
Other winners in KwaZulu-Natal's economy is the Transport, Storage and Communication sector. As South Africa's economy became more open with the dawn of democracy, more international trade started taking place, boosting demand for services at KwaZulu-Natal's ports in Durban and Richardsbay.
- Manufacturing
- Government
The Winners:
- Finance, Real Estate and Business Services
- Transport, Storage and Communication
The big loser in KwaZulu-Natal's economy is the Manufacturing sector. As is the case with the South African's animation , has dropped off significantly over the years's in Kwazulu-Natal's economy. Systematic problem of rather importing cheaper goods from China than manufacturing it ourselves. Especially when South Africa has power supply issues.
Other winners in KwaZulu-Natal's economy is the Transport, Storage and Communication sector. As South Africa's economy became more open with the dawn of democracy, more international trade started taking place, boosting demand for services at KwaZulu-Natal's ports in Durban and Richardsbay.