Despite a significant post-pandemic recovery, South Africa’s international tourism sector remains 12,8% below 2019 levels, highlighting the country’s slow path to full recovery. However, according to the Tourism, 2024 report released by Statistics South Africa (Stats SA), South Africa remained a top destination in 2024, with a total of 8,9 million tourists arriving in the   read more »

Discovering the pathways that energy takes through the economy is the aim of the latest set of physical energy flow accounts. The accounts, published in a recent discussion document in the Stats SA Natural Capital series, cover the period 2015 to 2021 and provide a detailed overview of the flow of energy from its source   read more »

South Africa’s informal sector plays a crucial yet often overlooked role in the country’s economy, providing jobs and incomes for millions who struggle to find opportunities in the formal labour market. According to the latest Quarterly Labour Force Survey (QLFS) released by Statistics South Africa (Stats SA), informal sector employment accounted for 19,5% of total   read more »

After a challenging year of job losses, South Africa’s formal non-agricultural sector showed a glimmer of recovery in the final quarter of 2024. According to the Quarterly Employment Statistics (QES, Q4:2024) survey released by Statistics South Africa (Stats SA), employment in the sector rose by 12 000 jobs, reaching 10,64 million by December 2024. This   read more »

Following a contraction of 0,1% in the third quarter of 2024, the South African gross domestic product (GDP) expanded by 0,6% in the fourth quarter (October–December).1 Growth was led by agriculture, finance and trade on the supply (production) side of the economy. Household spending led growth on the demand (expenditure) side. Annually, the GDP grew   read more »

Economic data published this month provide preliminary insight into how the South African economy performed in the fourth quarter of 2024 and the calendar year Winners and losers The fourth quarter was generally downbeat across selected sectors, with only four keeping their heads above water. Wholesale trade, retail trade, motor trade and rail passenger transport   read more »

Retail trade sales surged in November, marking the most significant year-on-year jump for the month in seven years.1 The latest round of data, which concludes the results for the calendar year, provides an opportunity to re-examine2 November sales over time. November nipping at Santa’s heels One can think of Black Friday as a competitor to   read more »

South Africa’s youth, defined as individuals aged 15–34 years, form a crucial demographic and make up nearly one-third of the population. They represent a dynamic generation navigating a rapidly evolving society influenced by the labour market, poverty, crime and access to quality education. According to the 2024 Mid-year Population Estimates, approximately 21 million young people   read more »

Across South Africa, millions of grandparents are stepping in to raise their grandchildren. Whether due to economic hardship, parental struggles, or social shifts, more children are finding their strongest support system in their grandparents’ arms. According to the report Child Series Volume IV: Children Living with Grandparents in South Africa, 2023, approximately 6,7 million grandparents   read more »

Stats SA started the year with 20 new releases. Key economic outputs include the conclusion of consumer inflation data for 2024, the release of a new consumer inflation basket and weights, and the much-anticipated release of the Income and Expenditure Survey (IES) report. Inflation heats up to 3,0% Consumer inflation increased for a second straight   read more »