Industry revenue of “real estate development“ in South Africa 2011-2023

Published by Statista Research Department, Dec 21, 2023
This statistic shows the revenue of the industry “developing real estate, subdividing real estate into lots and residential development on own account“ in South Africa from 2011 to 2017, with a forecast to 2023. It is projected that the revenue of developing real estate, subdividing real estate into lots and residential development on own account in South Africa will amount to approximately 0.9 billion U.S. Dollars by 2023.

Industry revenue of “real estate development“ in South Africa from 2011 to 2023 (in billion U.S. Dollars)

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Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (ZAR -> USD) = 0.076

The industry classification is based on the SIC - system in South Africa. The industry “developing real estate, subdividing real estate into lots and residential development on own account“ has the code “8412“.

Details on the methodology can be found here.

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