Question NW2675 to the Minister of Finance

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06 December 2016 - NW2675

Profile picture: Chance, Mr R

Chance, Mr R to ask the Minister of Finance

What was the contribution in (a) rands and (b) percentages of the (i) private, (ii) public, (iii) nonprofit and (iv) co-operative business sectors to the Gross Domestic Product in the 2015-16 financial year?

Reply:

The sectoral contributions to gross value added are presented in Table 1, over the period requested. As official national accounts data are not published by organisational type, it is not possible to provide the requested breakdown according to the above categories using publicly available data. Private business enterprises dominate economic activity in most sectors, except in the electricity, gas, and water sector, as well as general government services, which are largely concentrated by the public sector. There is also sizeable participation of the public sector in the transport services sector. Nonprofit firms are largely found in the community, social, and personal services sector. Based on estimates from the Annual Financial Statistics Survey 2015 (Statistics South Africa, 2016), co-operative firms contributed little over R10 billion (or 0.12%) to total turnover in 2015, most of which is generated in the trade services sector.

More information on sector level contributions can be obtained from Statistics South Africa.

Table 1: Sectoral composition of total gross value added, 2015-2016

Industry

Gross value added

(R million, current prices, 2015-161)

Contribution to total value added

(%, 2015-16)

Agriculture, forestry and fishing

89,328

2.5%

Mining and quarrying

285,489

7.8%

Manufacturing

479,595

13.2%

Electricity, gas and water

132,811

3.6%

Construction

146,333

4.0%

Trade, catering and accommodation

549,210

15.1%

Transport, storage and communication

371,604

10.2%

Finance, real estate and business services

750,708

20.6%

General government services

624,277

17.1%

Personal services

215,121

5.9%

1 Total over the period between 2015Q2 and 2016Q1

Source of basic data: Statistics South Africa

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