Economic Data

Economic Data
Johannesburg is the largest single metropolitan contributor to the national economic product. National average growth in gross domestic product (GDP) has been 1,8% over the past 10 years, with Johannesburg marginally outpacing that growth with an average growth per annum of 2%. The city's contribution to the national economy is almost 16%, while it is 40% to the Gauteng province. Per capita gross geographic product (GGP) in Johannesburg is R31 000. This compares to World Bank-designated middle-income countries whose average GGP per capitais R33 000. The average annual income per household is R31 048, which is on average 57% higher than that for South Africa as a whole, and 9% higher than the GGP per capita for Gauteng. The city's economy is dominated by four sectors, three of which are service sectors. The four key sectors are: financial and business services; retail and wholesale trade; community and social services; and the manufacturing sector. Photo from Unsplash by Isaac Smith

Johannesburg is the largest single metropolitan contributor to the national economic product. National average growth in gross domestic product (GDP) has been 1,8% over the past 10 years, with Johannesburg marginally outpacing that growth with an average growth per annum of 2%. The city's contribution to the national economy is almost 16%, while it is 40% to the Gauteng province.

Per capita gross geographic product (GGP) in Johannesburg is R31 000. This compares to World Bank-designated middle-income countries whose average GGP per capitais R33 000.

The average annual income per household is R31 048, which is on average 57% higher than that for South Africa as a whole, and 9% higher than the GGP per capita for Gauteng.

The city's economy is dominated by four sectors, three of which are service sectors. The four key sectors are:

financial and business services;
retail and wholesale trade;
community and social services; and
the manufacturing sector.

Photo from Unsplash by Isaac Smith