In 2023, the South African mining sector's added value to the Gross Domestic Product (GDP) experienced a decline of 0.3 percent from the previous year. The downward trend was already registered in 2018, when the sector's contribution to the GDP decreased by 0.8 percent. However, there was significant increase of 12 percent recorded in 2021 due to post-pandemic (COVID-19) recovery efforts.
Growth rate of value added to GDP by mining industry in South Africa from 2017 to 2023
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Growth rate of value added
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Statistics South Africa. (March 5, 2024). Growth rate of value added to GDP by mining industry in South Africa from 2017 to 2023 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1121226/mining-sectors-growth-rate-of-value-added-in-south-africa/
Statistics South Africa. "Growth rate of value added to GDP by mining industry in South Africa from 2017 to 2023." Chart. March 5, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1121226/mining-sectors-growth-rate-of-value-added-in-south-africa/
Statistics South Africa. (2024). Growth rate of value added to GDP by mining industry in South Africa from 2017 to 2023. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1121226/mining-sectors-growth-rate-of-value-added-in-south-africa/
Statistics South Africa. "Growth Rate of Value Added to Gdp by Mining Industry in South Africa from 2017 to 2023." Statista, Statista Inc., 5 Mar 2024, https://www.statista.com/statistics/1121226/mining-sectors-growth-rate-of-value-added-in-south-africa/
Statistics South Africa, Growth rate of value added to GDP by mining industry in South Africa from 2017 to 2023 Statista, https://www.statista.com/statistics/1121226/mining-sectors-growth-rate-of-value-added-in-south-africa/ (last visited August 25, 2024)
Growth rate of value added to GDP by mining industry in South Africa from 2017 to 2023 [Graph], Statistics South Africa, March 5, 2024. [Online]. Available: https://www.statista.com/statistics/1121226/mining-sectors-growth-rate-of-value-added-in-south-africa/