{"id":49536,"date":"2026-10-30T14:14:33","date_gmt":"2026-10-30T12:14:33","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=49536"},"modified":"2026-10-30T14:14:33","modified_gmt":"2026-10-30T12:14:33","slug":"gdp-rebasing-finds-sas-economy-is-4-9-larger-statsa","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/gdp-rebasing-finds-sas-economy-is-4-9-larger-statsa\/","title":{"rendered":"GDP rebasing finds SA\u2019s economy is 4.9% larger: StatSA"},"content":{"rendered":"<div>The latest Gross Domestic Product (GDP) rebasing exercise by Statistics South Africa (StatSA) has found that the country\u2019s economy is 4.9% larger than previously estimated.<\/div>\n<div><\/div>\n<div>The benchmarking and rebasing exercise lifted the measured size of the economy in 2022 to R6.99 trillion.<\/div>\n<div><\/div>\n<div>Stats SA has indicated that the new benchmarking methodology prioritises reclassified industries and the non-observed economy, which has added 8.7% to GDP among other considerations.<\/div>\n<div><\/div>\n<div>Statistician General Risenga Maluleke says, \u201cIn the new methods in the benchmarking, we\u2019re looking at the non-observed economy. In mining, illegal mining, manufacturing, illegal production, electricity-owned generation, transport, informal and e-hailing, personal services, illegal gambling and prostitution. \u201d<\/div>\n<div><\/div>\n<div>Maluleke says, \u201cIn terms of product classification, the KoiCop 18 implementation and reclassification of industry, Passenger Rail Agency of SA (Prasa), as we\u2019ll know that the threshold of funding for Prasa has gone a little higher on the side of government and we had to make sure that we also look at non-profit institutions.\u201d<\/div>\n<div><\/div>\n<div>&#8211;SABC&#8211;<\/div>\n","protected":false},"featured_media":45037,"template":"","meta":{"_acf_changed":false,"_members_access_role":[],"_members_access_error":"","_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-49536","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Stats SA has indicated that the new benchmarking methodology prioritises reclassified industries and the non-observed economy.","published_date":"","news_description":"Stats SA has indicated that the new benchmarking methodology prioritises reclassified industries and the non-observed economy.","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/49536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":2,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/49536\/revisions"}],"predecessor-version":[{"id":49539,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/49536\/revisions\/49539"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/45037"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=49536"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=49536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}