NORTHERN
NORTHERN CAPEPROVINCESouth AfricaECONOMICSGross Domestic ProductEconomic growth: 2013-20236420-2-4-6-8%R 152 bnCurrent pricesNorthern Cape2012 2014 2016 2018 2020 2022Economic growth annual % change2.2%of national GDPNational Total2022-2023 10 year avg.Northern Cape 0.7% 0.8%National Total 1.9% 0.7%Sector compositionAgriculture, 8%Mining, 20%Manufacturing, 4%Electricity, 4%Construction, 2%Trade, 12%Transport, 9%Finance, 14%Community services, 28%Top 10 sectors (GVA) - R billions20232023Mining of metal ores 25.16Public administration and defence activities 14.41Agriculture and hunting 10.32Health and social work 9.65Education 9.27Finance and Insurance 8.54Wholesale and commission trade 8.17Other business activities 7.18Post and telecommunication 5.76Land and Water transport 5.43All other smaller sectors 33.71LABOUR MARKETEmployment347,000number of jobs2.1%of national employmentUnemploymentJobsPrimary 2023 share Created / lost since 2013Agriculture 13.7%Mining 13.9%SecondaryManufacturing 4.2%Electricity 0.4%Construction 6.8%TertiaryTrade 16.2%Transport 3.4%Finance 10.3%Community 31.2%11 0003 1407 260Employment growth: 2013-202386420-2-4-6-8%Northern CapeNational Total2013 2016 2019 2022Employment growthAnnual % change%25.332.6Northern Cape National TotalInformal employment 2023 - millionsNorthernCapeNationalTotalEmployees Informal %informal0.35 0.03 9.2%16.26 3.04 18.7%NorthernCapeSouth Africa7.0% 6.0%20231.5% 1.2%10-year avgSource: South Africa Regional eXplorer v2473.Northern Cape province, 2023
Source: UNCTAD 2020C O U N T R YINVESTMENT STRATEGY
