Question NW2675 to the Minister of Finance
06 December 2016 - NW2675
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