South Africa - Private Consumption
South Africa: Private Consumption
| Mnemonic | C.IZAF | |
|---|---|---|
| Unit | Mil. ZAR, SAAR | |
| Adjustments | Seasonally Adjusted at Annual Rate | |
| Quarterly | 2.99 % | |
| Data | 2020 Q4 | 3,128,993 |
| 2020 Q3 | 3,038,091 | |
Series Information
| Source | South African Reserve Bank (SARB) |
| Release | Quarterly Bulletin |
| Frequency | Quarterly |
| Start Date | 3/31/1960 |
| End Date | 12/31/2020 |
South Africa: GDP
| Reference | Last | Previous | Units | Frequency | |
|---|---|---|---|---|---|
| Government Consumption | 2020 Q4 | 1,147,623 | 1,127,095 | Mil. ZAR, SAAR | Quarterly |
| Investment | 2020 Q4 | 571,527 | 525,312 | Mil. ZAR, SAAR | Quarterly |
| Nominal Fixed Investment (gross fixed capital formation) | 2020 Q4 | 802,418 | 766,689 | Mil. ZAR, SAAR | Quarterly |
| Nominal Gross Domestic Product | 2020 Q4 | 5,360,677 | 5,005,671 | Mil. ZAR, SAAR | Quarterly |
| Private Consumption | 2020 Q4 | 3,128,993 | 3,038,091 | Mil. ZAR, SAAR | Quarterly |
| Real Fixed Investment (gross fixed capital formation) | 2020 Q4 | 494,223 | 480,311 | Mil. 2010 ZAR, SAAR | Quarterly |
| Real Government Consumption | 2020 Q4 | 655,551 | 653,776 | Mil. 2010 ZAR, SAAR | Quarterly |
| Real Gross Domestic Product | 2020 Q4 | 3,013,189 | 2,967,862 | Mil. 2010 ZAR, SAAR | Quarterly |
| Real Investment | 2020 Q4 | 379,172 | 336,161 | Mil. 2010 ZAR, SAAR | Quarterly |
| Real Private Consumption | 2020 Q4 | 1,917,965 | 1,883,714 | Mil. 2010 ZAR, SAAR | Quarterly |
Release Information
The South African Reserve Bank (SARB) publishes their quarterly bulletin which focuses on recent economic developments. The publication is divided in two parts: an analytical section and a statistical section.
The analysis focuses on four key areas:
- Domestic economic developments
- Foreign trade and payments
- Monetary developments, interest rates and financial markets
- Public finance
The statistical section is organized along eight major categories:
- Money and banking
- Capital market
- National financial account
- Public finance
- International economic relations
- Balance of payments statistics are aligned with the guidelines of the Balance of Payments and International Investment Position Manual (BPM6).
- National accounts
- National accounts data are reported according to the standards of the 2008 SNA.
- Industries are clasified according to the Standard Industrial Classification (SIC) fifth edition, the localization of ISIC Rev.3.
- General economic indicators
- Key information
Debt-service cost is defined as the interest payments on household's outstanding debt. To calculate the debt service ratio, debt-service cost is multiplied by 100, and then divided by net disposable income of households.
Data for the previous quarter is subject to revision during the regular update.
Figures for the past four years are preliminary and subject to revision during the fourth quarter update.
In accordance with international best practice, national accounts are rebased and benchmarked every five years.
Statistics South Africa (Stats SA) disseminates quarterly data on GDP compiled according to the production approach (GVA). Differences between GDP compiled for the production approach and GDP compiled from the expenditure approach (by the SARB) are allocated to a "statistical discrepancy" item in the expenditure-based estimates.
