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South Africa Gross Domestic Product (GDP) Annualized QoQ

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South Africa Gross Domestic Product (GDP) Annualized QoQ

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Latest Release
Sep 03, 2024
Actual
0.4%
Previous
0.0%
Gross National Product and Gross Domestic Product is the total value of the finished goods and services produced in the economy. It is not a precise measure of national economic well-being but expressed in volume (adjusted for inflation) it is the closest single number we have got to such a measure. It is the sum of final expenditures; Export of goods and services, Imports of goods and services, Private Consumption, Government Consumption, Gross Fixed Capital Formation and Increases/Decreases(-) in stocks
A higher than expected reading should be taken as positive/bullish for the ZAR , while a lower than expected reading should be taken as negative/bearish for the ZAR.
Importance:
Country:
Currency: ZAR
Source: Statistics South Africa Head O...
South Africa Gross Domestic Product (GDP) Annualized QoQ
 
Release Date Time Actual Forecast Previous
Dec 03, 2024 (Q3) 04:30     0.4%
Sep 03, 2024 (Q2) 04:30 0.4%   0.0%
Jun 04, 2024 04:30 -0.1% 0.1% 0.3%
Mar 05, 2024 04:30 0.1% 0.3% -0.2%
Dec 05, 2023 04:30 -0.2% -0.1% 0.5%
Sep 05, 2023 04:30 0.6% 0.1% 0.4%

Analysis

Craig Erlam
Calm Before the Storm By Craig Erlam - Dec 03, 2022

There are a number of economic releases on the calendar this week but it’s almost entirely made up of tier two and three data. That includes final PMIs, revised GDP and retail sales.The most...

GDP Annualized (QoQ) Discussion

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All Comments (2)
Dr Mark Hollands
Dr Mark Hollands Dec 08, 2020 4:40AM ET
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Recession is over
Godfrey Matsika
Godz Sep 04, 2018 4:55AM ET
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recession
 
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