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Gross Domestic Product (GDP), 1st Quarter 2008

Real quarterly gross domestic product (GDP) for the first quarter of 2008 increased by +2,1%, q/q The seasonally adjusted real GDP at market prices for the first quarter of 2008 increased by an annualised rate of 2,1 percent compared with the fourth quarter of 2007. The corresponding real annualised economic growth rates for the four quarters of 2007 were 5,1 percent, 4,4 percent, 4,8 percent and 5,3 percent respectively.

The main contributors to the increase in economic activity for the first quarter of 2008 were the finance, real estate and business services industry (1,0 of a percentage point); general government sector (0,6 of a percentage point); the wholesale and retail trade, hotels and restaurants industry and the construction industry (each industry contributing 0,5 of a percentage point); the transport and communication and agriculture, forestry and fishing industry (each industry contributing 0,3 of a percentage point).

The seasonally adjusted real value added by non-agricultural industries (excluding the impact of the volatile agriculture industry) for the first quarter of 2008 increased by 1,7 percent compared with the fourth quarter of 2007. The unadjusted real GDP at market prices for the first quarter of 2008 increased by 4,0 percent compared with the first quarter of 2007. The corresponding increase for the respective quarters of 2007 were 5,8 percent, 5,1 percent, 5,2 and 4,6 percent yielding an annual growth rate of 5,1 percent in real GDP at market prices.

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Q: What is the GDP of South Africa?
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What is South Africa's GDP?

South Africa has a GDP of $408.2 billion(2011) US dollars according to the world bank.


What is the income of South Africa?

South Africa's GDP (purchasing power parity) was $495.1 billion in 2009, for a per capita GDP of $10,100.00 in 2009. (CIA).


What was GDP in South Africa in 2000?

The Gross Domestic Product (GDP) in South Africa was worth 132.878 billion US dollars in 2000, according to a report published by the World Bank.


Biggest economy in Africa?

The biggest economy in Africa is undoubtly the Republic of South Africa (South Africa) The South African GDP was $467.6 billion in the year 2007 and the global rank of South Africa was 27th. Egypt's GDP in 2007 was $431.9 billion and Egypt's global rank was 29. Egypt got the second biggest economy in Africa.


What is the most southern african country?

The Republic of South Africa has the highest GDP in southern Africa.


What is the current GDP in South Africa?

The industrial production growth rate is 5%, and the annual GDP growth rate is 3.1%


Is it a poor or rich country South Africa?

South Africa is one of Africa's wealthiest nations. It has the highest GDP value in Africa. Its stock exchange (JSE) is one of the strongest in the world. However, due to a large population and unemployment, the GDP per capita is low. Therefore it is not easy to judge which is the richest country in Africa since a country like Seychelles can have a very low GDP value, but since it is a small country it can have a high GDP per capita value.


What way can a good economy help south Africa?

Yes South Africa has the strongest economy on the entire continent of Africa. It's GDP per Capita is about US$5000 and the country as a whole has a GDP of about US$408 Billion with an annual growth rate of 3-4%


Who is richer South Africa or Mexico?

Mexico has a Gross Domestic Product or national income of US$1,549,490 and is ranked as the 11th largest economy in the world. South Africa has a GDP of US$492,531 and is ranked as the 24th biggest economy worldwide. Mexico has a GDP per capita of US$14,337, while South Africa has an income per capita of US$10,291. Therefore, Mexico is richer than South Africa.


Is India richer than South Africa?

Unfortunately not, India has a GDP per capita rate of US$837(2012), but South Africa has a GDP per capita rate of US$3,825(2012) according to the world bank and IMF. South Africa also has world class infrastructure and it's government spends more on healthcare and education.


Which province is the poorest in south Africa?

In terms of GDP, Northern Cape is the poorest South African Province. In terms of GDP per capita, Eastern Cape is the poorest.


Is South Africa ritch?

It is the 28th country by GDP, so it is rich but not as rich as others, but it is the richest African nation.