Africa: Government Welcomes Continued Growth in South Africa's Economy Africa: Government Welcomes Continued Growth in South Africa's Economy

Africa ETP News


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Africa: Government Welcomes Continued Growth in South Africa's Economy

March 10, 2026-Government has welcomed the latest data released by Statistics South Africa showing that South Africa's economy grew by 1.1% in 2025, with Gross Domestic Product (GDP) expanding by 0.4% in the fourth quarter.

Fourth quarter performance, covering the period from October to December, marks the fifth consecutive quarter of economic growth, signalling continued resilience in the economy, despite a challenging global environment.

On the production side, growth was largely driven by key service-related sectors, including finance, real estate and business services, as well as trade, catering and accommodation and personal services.

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Source: allafrica.com


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