Change and % in Annual GDPSource: Stats SA and Quantec, March 2018

The Eastern Cape economy contracted by 0.2 of a percentage point to 0.6% year-on-year (y/y) in 2017, lower than 0.8% in the previous year. The decline in growth experienced by the Eastern Cape economy in 2017 was due to negative growth in the following sectors: trade sector (0.4% y/y), construction sector (0.3% y/y), and manufacturing sector (0.2% y/y). GDP Annual Growth Rate in the Eastern Cape averaged 2.4% y/y from 1996 until 2017, reaching an all-time high of 5.3% in 2007 and a record low of -1.0% in 2009.

 

 

 

 

 


 

 

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