NATIONAL GROSS DOMESTIC AND GROSS REGIONAL PRODUCT: 3rd QUARTER OF 2012

The release of the 3rd quarter 2012 national GDP results and statistics by Statistics SA (May 2012) enables us to determine the national economic growth rate for the 3rd quarter of 2012. It further allows us to calculate and derive the gross regional product for KwaZulu-Natal for the 3rd quarter of 2012 and the various provincial sectors\' economic growth rates. It must be noted that the national GDP-related calculations and values are based on published data, i.e., actual data. However, the quarterly gross regional product for KwaZulu-Natal and related calculations and values are based on a structural model developed by the author (working paper 1 dd 4 December 2008) and thus are estimates only.

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Provincial GDP - 1.1 Mb

Clive Coetzee
General Manager: IMES Unit Economist
clive.coetzee@kzntreasury.gov.za
033 8974538