BFAP

Perspectives on Agriculture’s GDP Performance in Q4 of 2021

South Africa’s seasonally adjusted GDP grew by 1.2% in the last quarter of 2021. For the full year 2021, South Africa’s GDP increased by 4.9%, with agriculture, forestry and fisheries at 12.2%.

 

The agricultural industry expanded by 8.3%, with the growth in GDP in the fourth quarter of 2021 was driven mostly by an 11% rise in the gross production value from horticulture, followed by a 6% rise in the GPV of animal products. High animal protein prices and additional bulk wine, citrus and pome fruit exports driving agriculture’s GDP performance in Q4.

 

Find the brief here.

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