Annualized QoQ Change in Quarterly GDP in South Africa
South Africa| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
Quarter-on-quarter annualized Gross Domestic Product (GDP) growth rate is an indicator measuring South Africa's economic growth, showing how much GDP has increased or decreased in a specific quarter compared to the previous quarter on an annualized basis. This data is published by Statistics South Africa and is crucial for evaluating the short-term growth trends of the economy.
Quarter-on-quarter annualized data helps forecast how GDP fluctuates on an annual basis. An increase in GDP indicates economic expansion, reflecting active investment and consumption. Conversely, a decrease in GDP suggests the possibility of economic stagnation or contraction.
This data serves as essential reference material for policymakers to assess the economic health and formulate appropriate economic policies. It also provides vital information for businesses and investors to gauge economic growth trends and forecasts.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
