02.12.2025
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GDP figures in line with expectations: Economist

3 mins



  • South African bank notes featuring an image of former South African President Nelson Mandela are displayed at an office in Johannesburg.

Independent Economist Elize Kruger says the latest economic growth figure is in line with analysts’ expectations.

Data released by Statistics South Africa shows that the economy expanded by 0.5% in the third quarter of 2025, following an upwardly revised growth of 0.9% in the second quarter of the year.

The data shows that nine out of 10 industries recorded growth and contributed positively to the Gross Domestic Product in the third quarter.

Kruger says a much higher growth rate is required to deal with the challenges facing the country.

“ While all sectors except for electricity, gas and water recorded growth and contributed positively to this growth outcome, growth rates were generally speaking muted. However, for here to date, the first three quarters of 2025 real economic growth is up by 1,2% and that compares favourably to last year 0,5% full year outcome. However, it is still low and we need economic growth to accelerate into 2026 to make a notable difference in terms of our unemployment rate and our social economic needs in the country.”

 

 

 

 

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