Back to Facts about Joburg

Johannesburg is the largest single metropolitan contributor to the national economic product. National average growth in gross domestic product (GDP) has been 1,8% over the past 10 years, with Johannesburg marginally outpacing that growth with an average growth per annum of 2%.

  • The city's contribution to the national economy is almost 16%, while it is 40% to the Gauteng province.
  • Per capita gross geographic product (GGP) in Johannesburg is R31 000. This compares to World Bank-designated middle-income countries whose average GGP per capita is R33 000.
  • The city's GGP is R86 billion (1995 rands).
  • The average annual income per household is R31 048, which is on average 57% higher than that for South Africa as a whole, and 9% higher than the GGP per capita for Gauteng.

The city's economy is dominated by four sectors, three of which are service sectors. The four key sectors are:

  • Financial and Business Services
  • Retail and Wholesale Trade
  • Community and Social Services
  • Manufacturing Sector