GDP in the third quarter of 2018 increased by 2,2%
Gross domestic product (measured by production)
South Africa’s gross domestic product (GDP) increased by 2,2% in the third quarter of 2018.1
The manufacturing industry expanded by 7,5% in the third quarter. The divisions that made the largest contributions to the increase were basic iron and steel, metal products and machinery; wood, paper and publishing; petroleum, chemical products, rubber and plastic products; and motor vehicles, parts and accessories and other transport equipment.
Finance, real estate and business services increased by 2,3% in the third quarter. Increased economic activity was reported for financial intermediation, insurance, auxiliary activities, real estate activities and business services.
The transport, storage and communication industry increased by 5,7%, as a result of increases in land transport, air transport, transport support services and communications.