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Economic Data

 

 

Johannesburg is the largest single metropolitan contributor to the national economic product. National average growth in gross domestic product (GDP) has been 1,8% over the past 10 years, with Johannesburg marginally outpacing that growth with an average growth per annum of 2%. 


  • The city'scontribution to the national economy is almost 16%, while it is 40% to theGauteng province. 
  • Per capita grossgeographic product (GGP) in Johannesburg is R31 000. This compares toWorld Bank-designated middle-income countries whose average GGP per capitais R33 000.
  • The city's GGP is R86billion (1995 rands). 
  • The average annualincome per household is R31 048, which is on average 57% higher than thatfor South Africa as a whole, and 9% higher than the GGP per capita forGauteng.

 

The city's economy is dominated by four sectors, three of which are service sectors. The four key sectors are: 

 

  • financial and businessservices;
  • retail and wholesaletrade;
  • community and socialservices; and
  • the manufacturingsector.

 

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