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Home International Customs

South Africa’s GDP growth gradually rises 2.1% to 2.8% by 2017

byCustoms Today Report
15/06/2015
in International Customs, South Africa
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CAPE TOWN: South African GDP expected to chive a growth of 2.1% in 2015, gradually rising to 2.8% by 2017, based on incremental increases in electricity generation capacity, rising consumer demand, and a slight rebound in net exports.

“However, this follows relatively slow growth of 1.5% in 2014, and it continues to highlight a prolonged period of low growth for a country with per capita GDP of about US$6,300.

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