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National Accounts

National income and production accounts of South Africa .........................


Gross value added by kind of economic activity ........................................
Expenditure on gross domestic product ....................................................
Final consumption expenditure by households ..........................................
Gross fixed capital formation.....................................................................
Fixed capital stock .......................................................................................
Change in inventories.................................................................................
Gross and net capital formation by type of organisation ...........................
Financing of gross capital formation..........................................................
National disposable income, saving and net borrowing ..........................
National income and saving .......................................................................
Account with the rest of the world.............................................................
Current income and expenditure of incorporated business enterprises ....
Current income and expenditure of general government ..........................
Current income and expenditure of households .......................................

106
107-108
109-111
112-115
116-122
123
124-125
126
126
127
127
128
129
130
131

Key Information

General notes
Owing to the rounding off of figures, the sum of the separate items will sometimes differ form the total
shown.
... denotes not available
denotes a value equal to nil
0 denotes a value between nil and half of the measuring unit

SA RESERVE BANK

NATIONAL INCOME AND PRODUCTION ACCOUNTS OF SOUTH AFRICA*


Summary of gross domestic product, expenditure and national disposable income
At current prices
R millions
1991

1992

1993

1994

1995

1996

1997

1998

Compensation of employees.......................................... (6000J)

171 441

195 097

218 158

242 165

274 664

305 593

335 303

366 645

Net operating surplus1 ................................................... (6001J)

78 351

90 080

108 603

126 461

145 700

169 188

189 811

200 848

........................................ (6002J)

50 251

54 227

58 575

64 500

71 827

78 923

87 155

94 652

Gross value added at factor cost ........................... (6003J)

300 043

339 404

385 336

433 126

492 191

553 704

612 269

662 145

Other taxes on production ............................................. (6600J)

5 205

7 453

8 638

9 617

10 517

11 644

12 372

13 563

less Other subsidies on production.............................. (6601J)

1 841

3 301

3 133

2 598

2 352

2 846

2 751

2 541

Gross value added at basic prices......................... (6645J)

303 407

343 556

390 842

440 147

500 354

562 503

621 887

673 153

Taxes on products ......................................................... (6603J)

31 096

33 190

41 611

48 373

53 644

58 185

63 632

69 713

less Subsidies on products.......................................... (6604J)

2 523

4 519

6 320

6 400

5 898

5 746

5 307

5 053

Gross domestic product at market prices............ (6006J)

331 980

372 227

426 133

482 120

548 100

614 942

680 212

737 813

............. (6007J)

210 312

237 190

265 392

299 541

343 037

385 280

431 072

464 760

Final consumption expenditure by general government4 (6008J)

65 667

75 257

85 551

96 503

100 424

119 457

134 906

148 694

Individual consumption expenditure ........................... (6605J)


Collective consumption expenditure........................... (6606J)

27 914
37 753

34 109
41 148

38 905
46 646

43 084
53 419

45 423
55 001

50 707
68 750

63 253
71 653

69 097
79 597

Gross capital formation .................................................. (6180J)

55 424

54 936

65 206

81 060

98 559

104 984

109 817

115 628

Gross fixed capital formation...................................... (6009J)


Change in inventories5 ............................................... (6010J)

56 954
-1 530

58 255
-3 319

62 603
2 603

73 047
8 013

87 042
11 517

99 381
5 603

111 273
-1 456

122 060
-6 432

Residual item ................................................................. (6011J)

-15 942

-10 151

-5 677

-6 081

1 304

-3 234

-3 279

-396

Gross domestic expenditure ................................... (6012J)

315 461

357 232

410 472

471 023

543 324

606 487

672 516

728 686

Exports of goods and services ....................................... (6013J)

74 537

79 399

91 578

106 844

125 867

151 795

168 415

190 086

Exports of goods (f.o.b.) ............................................ (6608J)


Exports of services .................................................... (6609J)

65 734
8 803

69 837
9 562

80 877
10 701

93 537
13 307

109 117
16 750

130 206
21 589

143 830
24 585

160 961
29 125

less Imports of goods and services.............................. (6014J)

58 018

64 404

75 917

95 747

121 091

143 340

160 719

180 959

Imports of goods (f.o.b.)............................................. (6610J)


Imports of services..................................................... (6611J)

47 466
10 552

51 976
12 428

60 512
15 405

77 675
18 072

99 425
21 666

118 659
24 681

133 061
27 658

150 751
30 208

Expenditure on gross domestic product


(GDP at market prices) ............................................. (6006J)

331 980

372 227

426 133

482 120

548 100

614 942

680 212

737 813

Primary income from the rest of the world...................... (6612J)

2 414

2 649

2 286

3 454

4 128

4 663

6 013

7 256

less Primary income to the rest of the world................. (6613J)

11 273

11 050

10 986

12 054

14 555

18 042

20 808

23 936

Gross national income at market prices .............. (6016J)

323 121

363 826

417 433

473 520

537 673

601 563

665 417

721 133

Current transfers from the rest of the world.................... (6614J)

348

349

416

509

709

238

641

334

less Current transfers to the rest of the world............... (6615J)

1 764

1 392

2 509

2 668

3 050

3 442

3 970

4 412

less Residual item........................................................ (6011J)

-15 942

-10 151

-5 677

-6 081

1 304

-3 234

-3 279

-396

Gross national disposable income at market


prices........................................................................... (6018J)

337 647

372 934

421 017

477 442

534 028

601 593

665 367

717 451

Real gross national income (at 1995 prices)........ (6016Y)

509 596

497 588

504 507

522 336

537 673

558 622

572 398

575 304

Consumption of fixed

capital2

Final consumption expenditure by

households3

KB601
*
1.
2.
3.
4.
5.

Data for the last four years are preliminary and subject to revision.
After consumption of fixed capital and after inventory valuation adjustment.
At replacement value.
Including non-profit institutions serving households.
Current expenditure on salaries and wages and on goods and other services of a non-capital nature by the service departments (not business enterprises) of general government. General government
includes central government, provincial governments, local authorities and extra-budgetary institutions.
After inventory valuation adjustment.

S106

QUARTERLY BULLETIN September 1999

SA RESERVE BANK

GROSS VALUE ADDED BY KIND OF ECONOMIC ACTIVITY1


R millions

1991

1992

1993

1994

1995

1996

1997

1998

Primary sector ........................................................... (6630J)

39 367

39 631

46 336

52 363

54 147

62 489

65 639

71 082

Agriculture, forestry and fishing ...................................... (6631J)

13 825

13 056

16 284

20 252

19 317

23 721

25 484

26 620

Mining and quarrying ..................................................... (6632J)

25 542

26 575

30 052

32 111

34 830

38 768

40 155

44 462

Secondary sector ...................................................... (6633J)

90 843

98 560

108 890

121 840

139 362

149 887

163 468

169 325

Manufacturing................................................................ (6634J)

69 398

75 102

82 642

92 068

106 180

114 128

123 864

127 461

Electricity, gas and water ............................................... (6635J)

11 681

12 479

13 930

15 975

17 408

18 128

20 339

21 123

Construction (contractors).............................................. (6636J)

9 764

10 979

12 318

13 797

15 774

17 631

19 265

20 741

Tertiary sector ........................................................... (6637J)

173 197

205 365

235 616

265 944

306 845

350 127

392 780

432 746

Wholesale and retail trade, catering and


accommodation............................................................. (6638J)

42 257

49 279

56 468

62 474

71 768

79 463

85 934

89 342

Transport, storage and communication.......................... (6639J)

25 501

31 634

33 972

38 297

44 538

51 787

57 558

63 489

Financial intermediation, insurance, real estate and


business services........................................................... (6640J)

44 945

53 265

62 861

70 491

82 162

94 116

109 609

124 120

Community, social and personal services....................... (6642J)

60 494

71 187

82 315

94 682

108 377

124 761

139 679

155 795

General government services..................................... (6643J)


Other services............................................................ (6641J)
Other producers ........................................................ (6644J)

46 005
5 847
8 642

54 516
7 088
9 583

62 375
9 435
10 505

71 279
11 349
12 054

80 832
13 690
13 855

93 722
15 368
15 671

104 502
17 374
17 803

116 522
19 394
19 879

Gross value added at basic prices......................... (6645J)

303 407

343 556

390 842

440 147

500 354

562 503

621 887

673 153

Primary sector ........................................................... (6630Y)

58 762

53 014

58 148

60 071

54 147

58 492

59 628

59 196

Agriculture, forestry and fishing ...................................... (6631Y)

24 795

18 036

22 366

24 125

19 317

23 949

24 596

24 304

Mining and quarrying ..................................................... (6632Y)

34 397

34 978

35 782

35 946

34 830

34 543

35 032

34 892

Secondary sector ...................................................... (6633Y)

132 052

128 700

128 051

132 008

139 362

142 143

145 857

144 393

Manufacturing................................................................ (6634Y)

100 590

97 291

97 114

99 706

106 180

107 648

110 199

108 258

Electricity, gas and water ............................................... (6635Y)

15 436

15 520

16 133

17 069

17 408

18 403

19 169

19 296

Construction (contractors).............................................. (6636Y)

16 942

15 889

14 804

15 233

15 774

16 092

16 489

16 839

Tertiary sector ........................................................... (6637Y)

283 851

283 445

285 471

293 703

306 845

320 151

327 871

332 929

Wholesale and retail trade, catering and


accommodation............................................................. (6638Y)

67 349

65 768

66 121

67 780

71 768

74 416

74 816

73 791

Transport, storage and communication.......................... (6639Y)

36 919

37 620

38 507

40 281

44 538

47 368

50 464

53 573

Financial intermediation, insurance, real estate and


business services........................................................... (6640Y)

75 875

76 199

76 580

79 378

82 162

87 669

91 462

94 565

Community, social and personal services....................... (6642Y)

102 750

103 858

104 263

106 264

108 377

110 698

111 129

111 000

General government services..................................... (6643Y)


Other services............................................................ (6641Y)
Other producers ........................................................ (6644Y)

78 286
11 035
13 432

79 161
11 198
13 499

79 366
11 341
13 556

80 157
12 420
13 687

80 832
13 690
13 855

82 422
14 210
14 066

82 860
13 971
14 298

82 454
14 110
14 436

Gross value added at basic prices......................... (6645Y)

474 665

465 159

471 670

485 782

500 354

520 786

533 356

536 518

At current prices

At constant 1995 prices

KB602
1. Source of data: Statistics South Africa.

QUARTERLY BULLETIN September 1999

S107

SA RESERVE BANK

GROSS VALUE ADDED BY KIND OF ECONOMIC ACTIVITY1


Seasonally adjusted annualised rates
R millions

1997

1998
03

1999

03

04

1997

01

02

04

1998

01

02

Primary sector............................................................ (6630L)

66 317

67 101

65 639

68 761

71 433

71 793

72 341

71 082

73 219

77 442

Agriculture, forestry and fishing ...................................... (6631L)

25 900

26 580

25 484

26 992

26 908

26 280

26 300

26 620

26 364

29 559

Mining and quarrying...................................................... (6632L)

40 417

40 521

40 155

41 769

44 525

45 513

46 041

44 462

46 855

47 883

At current prices

Secondary sector....................................................... (6633L) 165 774 168 356 163 468 170 977 170 029 168 866 167 428 169 325 173 275 175 267
Manufacturing ................................................................ (6634L)

125 297

127 458

123 864

129 928

128 281

126 635

125 000

127 461

130 292

132 262

Electricity, gas and water................................................ (6635L)

20 922

21 078

20 339

21 074

21 110

21 154

21 154

21 123

21 700

21 735

Construction (contractors) .............................................. (6636L)

19 555

19 820

19 265

19 975

20 638

21 077

21 274

20 741

21 283

21 270

Tertiary sector............................................................ (6637L) 398 297 406 180 392 780 417 313 430 606 437 547 445 518 432 746 457 537 472 093
Wholesale and retail trade, catering and
accommodation ............................................................. (6638L)

86 991

88 426

85 934

88 786

89 450

89 560

89 572

89 342

92 458

95 494

Transport, storage and communication .......................... (6639L)

58 072

59 432

57 558

61 181

63 257

64 085

65 433

63 489

66 888

70 336

Financial intermediation, insurance, real estate and


business services ........................................................... (6640L)

112 484

114 490

109 609

118 505

123 852

125 645

128 478

124 120

132 426

136 837

Community, social and personal services ....................... (6642L)

140 750

143 832

139 679

148 841

154 047

158 257

162 035

155 795

165 765

169 426

General government services ..................................... (6643L)


Other services ............................................................ (6641L)
Other producers......................................................... (6044L)

104 999
17 639
18 112

107 532
17 908
18 392

104 502
17 374
17 803

111 152
18 657
19 032

115 165
19 234
19 648

118 367
19 642
20 248

121 404
20 043
20 588

116 522
19 394
19 879

123 329
20 856
21 580

126 541
20 986
21 899

Gross value added at basic prices ......................... (6645L) 630 388 641 637 621 887 657 051 672 068 678 206 685 287 673 153 704 031 724 802
At constant 1995 prices
Primary sector............................................................ (6630D)

59 940

60 912

59 628

60 449

60 061

58 185

58 089

59 196

57 954

58 956

Agriculture, forestry and fishing ...................................... (6631D)

24 688

25 572

24 596

25 308

25 072

23 428

23 408

24 304

23 481

24 560

Mining and quarrying...................................................... (6632D)

35 252

35 340

35 032

35 141

34 989

34 757

34 681

34 892

34 473

34 396

Secondary sector....................................................... (6633D) 146 093 146 137 145 857 146 200 145 278 142 989 143 105 144 393 143 028 142 931
Manufacturing ................................................................ (6634D)

110 426

110 410

110 199

110 227

109 123

106 803

106 879

108 258

106 981

107 165

Electricity, gas and water................................................ (6635D)

19 112

19 148

19 169

19 260

19 336

19 280

19 308

19 296

19 139

18 944

Construction (contractors) .............................................. (6636D)

16 555

16 579

16 489

16 713

16 819

16 906

16 918

16 839

16 908

16 822

Tertiary sector............................................................ (6637D) 328 377 329 018 327 871 330 816 333 063 333 794 334 043 332 929 335 369 336 971
Wholesale and retail trade, catering and
accommodation ............................................................. (6638D)

74 808

74 672

74 816

74 567

74 098

73 568

72 931

73 791

73 078

73 342

Transport, storage and communication .......................... (6639D)

51 015

51 771

50 464

52 477

53 481

53 929

54 405

53 573

54 861

55 488

Financial intermediation, insurance, real estate and


business services ........................................................... (6640D)

91 543

91 791

91 462

92 852

94 599

95 187

95 622

94 565

96 111

96 646

Community, social and personal services ....................... (6642D)

111 011

110 784

111 129

110 920

110 885

111 110

111 085

111 000

111 319

111 495

General government services ..................................... (6643D)


Other services ............................................................ (6641D)
Other producers......................................................... (6644D)

82 762
13 909
14 340

82 631
13 745
14 408

82 860
13 971
14 298

82 611
13 889
14 420

82 420
14 033
14 432

82 481
14 185
14 444

82 304
14 333
14 448

82 454
14 110
14 436

82 430
14 417
14 472

82 495
14 489
14 511

Gross value added at basic prices ......................... (6645D) 534 410 536 067 533 356 537 465 538 402 534 968 535 237 536 518 536 351 538 858
KB603
1. Source of data: Statistics South Africa.

S108

QUARTERLY BULLETIN September 1999

SA RESERVE BANK

EXPENDITURE ON GROSS DOMESTIC PRODUCT


R millions

1991

1992

1993

1994

1995

1996

1997

1998

At current prices
Final consumption expenditure ....................................... (6620J)

275 979

312 447

350 943

396 044

443 461

504 737

565 978

613 454

Final consumption expenditure by households1 .......... (6007J)

210 312

237 190

265 392

299 541

343 037

385 280

431 072

464 760

Final consumption expenditure by general


government2 ............................................................... (6008J)

65 667

75 257

85 551

96 503

100 424

119 457

134 906

148 694

Individual consumption expenditure ........................ (6605J)


Collective consumption expenditure........................ (6606J)

27 914
37 753

34 109
41 148

38 905
46 646

43 084
53 419

45 423
55 001

50 707
68 750

63 253
71 653

69 097
79 597

Gross capital formation ................................................... (6180J)

55 424

54 936

65 206

81 060

98 559

104 984

109 817

115 628

Gross fixed capital formation....................................... (6009J)


Change in inventories3 ................................................ (6010J)

56 954
-1 530

58 255
-3 319

62 603
2 603

73 047
8 013

87 042
11 517

99 381
5 603

111 273
-1 456

122 060
-6 432

Residual item .................................................................. (6011J)

-15 942

-10 151

-5 677

-6 081

1 304

-3 234

-3 279

-396

Gross domestic expenditure .................................... (6012J)

315 461

357 232

410 472

471 023

543 324

606 487

672 516

728 686

Exports of goods and services ........................................ (6013J)

74 537

79 399

91 578

106 844

125 867

151 795

168 415

190 086

Exports of goods (f.o.b.) ............................................. (6608J)


Exports of services ..................................................... (6609J)

65 734
8 803

69 837
9 562

80 877
10 701

93 537
13 307

109 117
16 750

130 206
21 589

143 830
24 585

160 961
29 125

less Imports of goods and services................................ (6014J)

58 018

64 404

75 917

95 747

121 091

143 340

160 719

180 959

Imports of goods (f.o.b.).............................................. (6610J)


Imports of services...................................................... (6611J)

47 466
10 552

51 976
12 428

60 512
15 405

77 675
18 072

99 425
21 666

118 659
24 681

133 061
27 658

150 751
30 208

Expenditure on gross domestic product .............. (6006J)

331 980

372 227

426 133

482 120

548 100

614 942

680 212

737 813

Final consumption expenditure ....................................... (6620Y)

416 121

413 585

419 706

432 326

443 461

466 879

480 242

485 610

Final consumption expenditure by households1 .......... (6007Y)

313 280

308 826

313 719

325 482

343 037

360 046

369 928

374 697

Final consumption expenditure by general


government2 ............................................................... (6008Y)

102 840

104 759

105 987

106 844

100 424

106 833

110 314

110 913

Individual consumption expenditure ........................ (6605Y)


Collective consumption expenditure........................ (6606Y)

43 792
59 048

47 561
57 198

48 243
57 744

47 759
59 085

45 423
55 001

45 102
61 731

51 291
59 023

50 819
60 094

Gross capital formation ................................................... (6180Y)

73 824

70 185

74 491

87 272

98 559

96 786

97 449

98 150

Gross fixed capital formation....................................... (6009Y)


Change in inventories3 ................................................ (6010Y)

77 105
-3 281

73 049
-2 864

72 644
1 847

78 635
8 637

87 042
11 517

93 560
3 226

98 462
-1 013

103 231
-5 081

Residual item .................................................................. (6011Y)

6 410

3 090

590

1 458

1 304

1 319

1 090

-2 221

Gross domestic expenditure .................................... (6012Y)

496 354

486 861

494 787

521 056

543 324

564 984

578 781

581 539

Exports of goods and services ........................................ (6013Y)

101 700

104 276

109 324

114 061

125 867

137 514

145 097

148 405

Exports of goods (f.o.b.) ............................................. (6608Y)


Exports of services ..................................................... (6609Y)

89 612
12 088

92 209
12 067

96 678
12 646

99 576
14 485

109 117
16 750

117 250
20 264

123 623
21 474

124 824
23 581

less Imports of goods and services................................ (6014Y)

78 334

82 523

89 224

103 579

121 091

131 641

138 729

141 600

Imports of goods (f.o.b.).............................................. (6610Y)


Imports of services...................................................... (6611Y)

63 443
14 891

65 505
17 018

70 432
18 792

83 477
20 102

99 425
21 666

110 553
21 088

117 006
21 723

118 494
23 106

Expenditure on gross domestic product ............... (6006Y)

519 720

508 613

514 887

531 538

548 100

570 857

585 149

588 344

At constant 1995 prices

KB604
1.
2.
3.

Including non-profit institutions serving households.


Current expenditure on salaries and wages and on goods and other services of a non-capital nature by the service departments (not business enterprises) of general government. General government
includes central government, provincial governments, local authorities and extra-budgetary institutions.
After inventory valuation adjustment.

QUARTERLY BULLETIN September 1999

S109

SA RESERVE BANK

EXPENDITURE ON GROSS DOMESTIC PRODUCT


At current prices
R millions

Final consumption expenditure

Gross capital formation

Households1

General
government2

Gross
fixed
capital
formation

(6007K)

(6008K)

(6009K)

1995: 03 .........................................
04 .........................................
1995 .............................................

85 765
93 776
343 037

25 787
26 008
100 424

21 948
23 044
87 042

5 680
2 546
11 517

679
-3 655
1 304

1996: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1996 .............................................

88 085
93 347
96 650
107 198
385 280

27 034
29 634
30 613
32 176
119 457

23 125
24 836
25 106
26 314
99 381

-3 564
3 932
2 585
2 650
5 603

1997: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1997 .............................................

100 753
105 609
107 639
117 071
431 072

33 407
34 947
33 338
33 214
134 906

26 135
27 162
27 890
30 086
111 273

1998: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1998 .............................................

108 694
113 168
116 816
126 082
464 760

37 092
37 349
36 506
37 747
148 694

1999: 01 .........................................
02 .........................................

117 938
122 299

40 005
40 904

Period

Change in
inventories3

Residual
item

(6010K)

(6011K)

Gross
domestic
expenditure

Exports of
goods
and
services

less
Imports of
goods
and
services

Expenditure
on gross
domestic
product

(6012K)

(6013K)

(6014K)

(6006K)

139 859
141 719
543 324

33 718
32 994
125 867

32 777
30 596
121 091

140 800
144 117
548 100

7 361
-913
1 351
-11 033
-3 234

142
150
156
157
606

041
836
305
305
487

33 365
35 876
41 478
41 076
151 795

30 556
34 807
40 129
37 848
143 340

144
151
157
160
614

850
905
654
533
942

-3 020
1 390
2 145
-1 971
-1 456

1 867
-4 013
2 166
-3 299
-3 279

159
165
173
175
672

142
095
178
101
516

37 135
40 388
45 033
45 859
168 415

36 040
38 576
43 643
42 460
160 719

160
166
174
178
680

237
907
568
500
212

28 824
29 474
30 893
32 869
122 060

-4 003
2 771
-2 567
-2 633
-6 432

52
-3 682
7 705
-4 471
-396

170
179
189
189
728

659
080
353
594
686

45 550
45 694
50 951
47 891
190 086

39 799
42 004
52 434
46 722
180 959

176
182
187
190
737

410
770
870
763
813

29 960
29 523

-3 619
2 279

-2 126
-2 905

182 158
192 100

49 002
48 118

41 205
43 645

189 955
196 573

KB605

Seasonally adjusted annualised rates


(6007L)

(6008L)

(6009L)

(6010L)

(6011L)

(6012L)

(6013L)

(6014L)

(6006L)

1995: 03 .........................................
04 .........................................
1995 .............................................

346 621
355 436
343 037

100 372
102 589
100 424

88 715
89 927
87 042

10 382
10 113
11 517

-1 161
4 436
1 304

544 929
562 501
543 324

134 272
131 006
125 867

123 748
125 013
121 091

555 453
568 494
548 100

1996: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1996 .............................................

366 709
377 839
390 994
405 573
385 280

106 745
114 842
123 437
132 804
119 457

94 012
98 424
101 186
103 901
99 381

13 312
16 278
1 663
-8 841
5 603

402
2 015
-7 345
-7 999
-3 234

581
609
609
625
606

180
398
935
438
487

138 259
142 668
163 648
162 601
151 795

128 673
139 338
152 776
152 572
143 340

590
612
620
635
614

766
728
807
467
942

1997: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1997 .............................................

418 819
426 483
434 988
443 987
431 072

134 333
134 519
134 354
136 418
134 906

108 074
110 736
112 573
113 707
111 273

-1 100
-1 761
-2 021
-942
-1 456

-7 476
-1 441
-2 605
-1 581
-3 279

652
668
677
691
672

650
536
289
589
516

155 308
160 768
176 193
181 391
168 415

151 542
153 294
166 597
171 443
160 719

656
676
686
701
680

416
010
885
537
212

1998: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1998 .............................................

450 813
456 695
471 486
480 042
464 760

141 686
146 595
150 313
156 182
148 694

115 525
119 163
124 832
128 724
122 060

-2 957
-2 838
-6 027
-13 906
-6 432

967
4 022
-1 305
-5 268
-396

706
723
739
745
728

034
637
299
774
686

184 497
183 468
199 878
192 501
190 086

168 424
168 670
198 258
188 484
180 959

722
738
740
749
737

107
435
919
791
813

1999: 01 .........................................
02 .........................................

488 641
492 684

158 190
160 661

120 715
118 991

-13 996
4 224

-4 016
-1 099

749 534
775 461

201 866
194 688

175 089
175 378

776 311
794 771

KB606
1. Including non-profit institutions serving households.
2. Current expenditure on salaries and wages and on goods and other services of a non-capital nature by the service departments (not business enterprises) of general government. General government
includes central government, provincial governments, local authorities and extra-budgetary institutions.
3. After inventory valuation adjustment.

S110

QUARTERLY BULLETIN September 1999

SA RESERVE BANK

EXPENDITURE ON GROSS DOMESTIC PRODUCT


At constant 1995 prices
R millions

Final consumption expenditure

Gross capital formation

Gross
domestic
expenditure

Exports of
goods
and
services

less
Imports of
goods
and
services

Expenditure
on gross
domestic
product

(6012C)

(6013C)

(6014C)

(6006C)

Households1

General
government2

Gross
fixed
capital
formation

(6007C)

(6008C)

(6009C)

1995: 03 .........................................
04 .........................................
1995 .............................................

85 252
92 009
343 037

25 650
25 632
100 424

21 779
22 638
87 042

5 586
2 096
11 517

-1 755
-5 008
1 304

136 512
137 367
543 324

33 449
32 791
125 867

32 445
30 409
121 091

137 516
139 749
548 100

1996: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1996 .............................................

85 313
88 556
89 452
96 725
360 046

25 057
26 580
27 114
28 082
106 833

22 402
23 583
23 474
24 101
93 560

-2 773
3 038
1 248
1 713
3 226

6 524
38
1 334
-6 577
1 319

136
141
142
144
564

523
795
622
044
984

32 253
32 603
36 973
35 685
137 514

29 900
32 606
36 272
32 863
131 641

138
141
143
146
570

876
792
323
866
857

1997: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1997 .............................................

88 611
91 293
91 628
98 396
369 928

28 258
28 714
26 911
26 431
110 314

23 489
24 114
24 570
26 289
98 462

-1 743
488
1 354
-1 112
-1 013

4 170
-193
1 021
-3 908
1 090

142
144
145
146
578

785
416
484
096
781

32 668
34 939
38 647
38 843
145 097

31 529
33 690
37 566
35 944
138 729

143
145
146
148
585

924
665
565
995
149

1998: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1998 .............................................

89 999
92 590
92 772
99 336
374 697

29 343
27 860
26 715
26 995
110 913

24 982
25 290
25 936
27 023
103 231

-2 680
766
-1 623
-1 544
-5 081

-91
-2 501
3 973
-3 602
-2 221

141
144
147
148
581

553
005
773
208
539

37 690
37 094
37 295
36 326
148 405

33 341
34 114
38 300
35 845
141 600

145
146
146
148
588

902
985
768
689
344

1999: 01 .........................................
02 .........................................

90 122
92 622

28 802
28 064

24 504
23 925

-2 402
1 658

-894
-2 387

140 132
143 882

36 059
35 420

30 438
32 290

Period

Change in
inventories

Residual
item

(6010C)

(6011C)

145 753
147 012

KB607

Seasonally adjusted annualised rates


(6007D)

(6008D)

(6009D)

(6010D)

(6011D)

1995: 03 .........................................
04 .........................................
1995 .............................................

345 535
349 616
343 037

99 033
98 826
100 424

87 992
88 359
87 042

5 467
7 234
11 517

1 018
1 254
1 304

1996: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1996 .............................................

354 055
358 785
362 330
365 006
360 046

100 141
104 566
108 858
113 767
106 833

91 083
93 475
94 565
95 115
93 560

1 420
8 061
2 906
517
3 226

1997: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1997 .............................................

367 598
369 431
371 079
371 604
369 928

112 364
110 871
109 487
108 534
110 314

97 091
98 252
99 092
99 415
98 462

1998: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1998 .............................................

373 544
374 581
375 302
375 377
374 697

109 656
110 594
111 397
112 005
110 913

1999: 01 .........................................
02 .........................................

374 394
374 334

111 688
111 372

(6012D)

(6013D)

(6014D)

(6006D)

539 045
545 289
543 324

133 153
130 233
125 867

122 855
124 011
121 091

549 343
551 511
548 100

5 086
5 324
-1 845
-3 282
1 319

551
570
566
571
564

785
211
814
123
984

133 571
129 432
146 010
141 039
137 514

126 365
130 589
137 706
131 901
131 641

558
569
575
580
570

991
054
118
261
857

-878
-743
-1 441
-990
-1 013

1 828
1 572
441
520
1 090

578
579
578
579
578

003
383
658
083
781

136 109
139 416
151 181
153 682
145 097

132 510
134 071
143 553
144 785
138 729

581
584
586
587
585

602
728
286
980
149

100 146
102 207
104 685
105 888
103 231

-4 344
-7 561
-4 238
-4 181
-5 081

-2 658
-1 676
-1 597
-2 971
-2 221

576
578
585
586
581

344
145
549
118
539

152 677
149 152
146 169
145 622
148 405

139 795
137 021
144 932
144 652
141 600

589
590
586
587
588

226
276
786
088
344

98 730
96 348

-7 540
3 544

-8 393
-8 582

568 879
577 016

148 446
143 304

129 314
129 763

588 011
590 557

KB608
1.
2.

Including non-profit institutions serving households.


Current expenditure on salaries and wages and on goods and other services of a non-capital nature by the service departments (not business enterprises) of general government. General government
includes central government, provincial governments, local authorities and extra-budgetary institutions.

QUARTERLY BULLETIN September 1999

S111

SA RESERVE BANK

FINAL CONSUMPTION EXPENDITURE BY HOUSEHOLDS


At current prices
R millions

1991

1992

1993

1994

1995

1996

1997

1998

Durable goods.............................................................. (6050J)

18 077

20 631

22 472

24 473

28 794

31 737

33 575

33 186

Furniture, household appliances, etc................................ (6051J)

6 245

6 413

6 828

7 453

8 344

9 173

9 747

10 080

Personal transport equipment .......................................... (6052J)

7 810

8 502

9 670

10 477

13 246

14 748

15 262

14 067

Recreational and entertainment goods............................. (6053J)

2 884

4 393

4 339

4 409

4 352

4 619

4 981

5 224

Other durable goods1 ...................................................... (6054J)

1 137

1 323

1 635

2 134

2 852

3 197

3 585

3 815

Semi-durable goods.................................................... (6055J)

24 217

26 336

29 393

32 514

36 444

40 628

43 938

45 680

Clothing and footwear...................................................... (6056J)

12 939

14 321

16 659

18 563

21 015

23 287

24 998

25 754

Household textiles, furnishings, glassware, etc................. (6057J)

4 703

4 921

5 211

5 834

6 314

7 003

7 615

7 900

Motorcar tyres, parts and accessories ............................. (6058J)

3 446

3 694

3 757

4 085

4 726

5 571

6 177

6 481

Recreational and entertainment goods............................. (6059J)

2 805

3 046

3 373

3 592

3 935

4 265

4 588

4 918

Miscellaneous goods2 ...................................................... (6060J)

325

354

393

440

454

502

560

627

Non-durable goods...................................................... (6061J)

89 284

103 543

114 730

131 728

148 689

165 212

186 924

201 646

Food, beverages and tobacco ......................................... (6062J)

64 924

75 570

82 030

94 429

105 704

116 940

134 156

145 242

Household fuel and power ............................................... (6063J)

5 810

6 716

7 515

8 418

9 996

11 082

12 333

13 531

Household consumer goods ............................................ (6064J)

6 820

8 148

9 562

10 565

11 697

12 645

13 768

14 838

Medical and pharmaceutical products.............................. (6065J)

2 548

2 776

3 289

4 727

5 852

6 629

7 337

8 010

Petroleum products ......................................................... (6066J)

6 765

7 641

8 944

10 326

11 754

13 878

14 984

15 342

Recreational and entertainment goods............................. (6067J)

2 417

2 692

3 390

3 263

3 686

4 038

4 346

4 683

Services ........................................................................ (6068J)

78 734

86 680

98 797

110 826

129 110

147 703

166 635

184 248

Rent3 ............................................................................... (6069J)

20 850

22 502

24 528

26 772

30 494

34 496

38 580

43 015

Household services, including domestic servants............. (6070J)

6 245

6 751

7 520

8 834

10 672

12 171

13 932

15 553

Medical services .............................................................. (6071J)

7 154

9 045

10 811

13 183

15 944

17 880

20 491

23 209

Transport and communication services............................ (6072J)

17 012

18 957

23 580

26 282

29 992

34 092

37 105

39 389

Recreational, entertainment and educational services ...... (6073J)

5 202

6 045

7 802

9 393

11 341

12 990

14 286

15 947

Miscellaneous services4 ................................................... (6074J)

22 271

23 380

24 556

26 362

30 667

36 074

42 241

47 135

Total............................................................................... (6007J)

210 312

237 190

265 392

299 541

343 037

385 280

431 072

464 760

KB609
1.
2.
3.
4.

Jewellery, watches, therapeutic appliances, etc.


Personal goods and writing and drawing equipment and supplies.
Including imputed rent for owner-occupied dwellings.
After adjustment for net expenditure of non-residents in the domestic market.

S112

QUARTERLY BULLETIN September 1999

SA RESERVE BANK

FINAL CONSUMPTION EXPENDITURE BY HOUSEHOLDS


At constant 1995 prices
R millions

1991

1992

1993

1994

1995

1996

1997

1998

Durable goods ........................................................... (6050Y)

26 681

25 479

25 596

26 219

28 794

30 656

30 769

28 941

Furniture, household appliances, etc. ............................ (6051Y)

8 120

7 507

7 356

7 740

8 344

8 813

8 881

8 778

Personal transport equipment........................................ (6052Y)

11 932

11 147

11 752

11 673

13 246

14 300

14 039

12 201

Recreational and entertainment goods .......................... (6053Y)

4 909

5 100

4 589

4 527

4 352

4 541

4 770

4 896

Other durable goods1 .................................................... (6054Y)

1 720

1 725

1 899

2 279

2 852

3 002

3 079

3 066

Semi-durable goods ................................................. (6055Y)

31 838

31 932

32 486

34 217

36 444

38 699

39 866

40 849

Clothing and footwear ................................................... (6056Y)

16 326

16 633

18 114

19 436

21 015

22 357

23 287

23 866

Household textiles, furnishings, glassware, etc. ............. (6057Y)

5 864

5 831

5 676

6 059

6 314

6 732

6 951

7 010

Motorcar tyres, parts and accessories ........................... (6058Y)

5 313

5 182

4 498

4 483

4 726

5 120

4 938

5 071

Recreational and entertainment goods .......................... (6059Y)

3 890

3 833

3 745

3 765

3 935

4 024

4 209

4 400

Miscellaneous goods2 ................................................... (6060Y)

445

453

453

474

454

466

481

502

Non-durable goods ................................................... (6061Y)

140 585

136 100

137 132

142 414

148 689

153 578

158 106

159 320

Food, beverages and tobacco....................................... (6062Y)

106 051

100 365

100 290

102 932

105 704

109 259

112 981

113 379

Household fuel and power............................................. (6063Y)

8 542

8 725

8 415

8 915

9 996

10 279

10 557

10 966

Household consumer goods.......................................... (6064Y)

9 197

10 315

10 906

11 242

11 697

11 635

11 603

11 635

Medical and pharmaceutical products ........................... (6065Y)

3 942

3 789

3 818

5 046

5 852

6 133

6 348

6 406

Petroleum products....................................................... (6066Y)

8 933

9 201

9 606

10 719

11 754

12 535

12 844

13 069

Recreational and entertainment goods .......................... (6067Y)

3 921

3 705

4 097

3 560

3 686

3 737

3 773

3 865

Services ...................................................................... (6068Y)

113 407

115 315

118 505

122 632

129 110

137 113

141 187

145 587

Rent3 ............................................................................. (6069Y)

28 251

28 791

29 433

29 948

30 494

31 125

31 660

32 173

Household services, including domestic servants .......... (6070Y)

9 859

9 817

10 055

10 191

10 672

10 809

11 034

11 036

Medical services ............................................................ (6071Y)

11 678

12 408

13 042

14 460

15 944

16 584

16 777

16 914

Transport and communication services ......................... (6072Y)

22 557

22 859

26 049

27 651

29 992

31 829

33 532

35 176

Recreational, entertainment and educational services.... (6073Y)

9 678

9 587

9 384

10 234

11 341

11 460

11 658

12 143

Miscellaneous services4 ................................................. (6074Y)

31 386

31 853

30 542

30 148

30 667

35 306

36 526

38 145

Total ............................................................................ (6007Y)

313 280

308 826

313 719

325 482

343 037

360 046

369 928

374 697

KB610
1.
2.
3.
4.

Jewellery, watches, therapeutic appliances, etc.


Personal goods and writing and drawing equipment and supplies.
Including imputed rent for owner-occupied dwellings.
After adjustment for net expenditure of non-residents in the domestic market.

QUARTERLY BULLETIN September 1999

S113

SA RESERVE BANK

FINAL CONSUMPTION EXPENDITURE BY HOUSEHOLDS


R millions

At current prices
Period

At constant 1995 prices

Durable
goods

Semidurable
goods

Nondurable
goods

Services1

Total

Durable
goods

Semidurable
goods

Nondurable
goods

Services1

Total

(6050K)

(6055K)

(6061K)

(6068K)

(6007K)

(6050C)

(6055C)

(6061C)

(6068C)

(6007C)

1995:03 ..........................................
04 .........................................
1995 .............................................

7 300
8 443
28 794

8 558
11 480
36 444

36 513
39 933
148 689

33 394
33 920
129 110

85 765
93 776
343 037

7 240
8 368
28 794

8 500
11 306
36 444

36 505
39 574
148 689

33 007
32 761
129 110

85 252
92 009
343 037

1996: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1996 .............................................

6 854
7 565
7 870
9 448
31 737

8 497
9 798
9 585
12 748
40 628

38 577
39 714
41 158
45 763
165 212

34 157
36 270
38 037
39 239
147 703

88
93
96
107
385

085
347
650
198
280

6 748
7 349
7 582
8 977
30 656

8 310
9 413
9 063
11 913
38 699

37 220
37 616
37 878
40 864
153 578

33 035
34 178
34 929
34 971
137 113

85
88
89
96
360

313
556
452
725
046

1997: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1997 .............................................

7 546
8 165
8 397
9 467
33 575

9 512
10 753
10 239
13 434
43 938

44 256
45 558
46 421
50 689
186 924

39 439
41 133
42 582
43 481
166 635

100
105
107
117
431

753
609
639
071
072

7 058
7 507
7 666
8 538
30 769

8 736
9 782
9 222
12 126
39 866

38 540
38 829
38 871
41 866
158 106

34 277
35 175
35 869
35 866
141 187

88
91
91
98
369

611
293
628
396
928

1998: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1998 .............................................

7 567
8 124
8 375
9 120
33 186

9 917
11 190
10 633
13 940
45 680

48 193
49 062
49 724
54 667
201 646

43 017
44 792
48 084
48 355
184 248

108
113
116
126
464

694
168
816
082
760

6 747
7 164
7 135
7 895
28 941

8 920
10 044
9 464
12 421
40 849

39 113
39 149
39 058
42 000
159 320

35 219
36 233
37 115
37 020
145 587

89
92
92
99
374

999
590
772
336
697

1999: 01 .........................................
02 .........................................

7 356
7 896

10 264
11 467

51 876
52 716

48 442
50 220

117 938
122 299

5 688
6 007

9 017
10 049

39 282
39 392

36 135
37 174

90 122
92 622

KB611

Seasonally adjusted annualised rates


(6050L)

(6055L)

(6061L)

(6068L)

(6007L)

(6050D)

(6055D)

(6061D)

(6068D)

(6007D)

1995: 03 .........................................
04 .........................................
1995 .............................................

29 714
30 002
28 794

37 124
37 762
36 444

148 158
152 816
148 689

131 625
134 856
129 110

346 621
355 436
343 037

29 073
29 795
28 794

36 899
37 118
36 444

149 605
150 669
148 689

129 958
132 034
129 110

345 535
349 616
343 037

1996: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1996 .............................................

30 301
31 448
31 863
33 336
31 737

38 725
39 928
41 452
42 407
40 628

156 872
162 134
167 650
174 192
165 212

140 811
144 329
150 029
155 638
147 703

366
377
390
405
385

709
839
994
573
280

29 887
30 645
30 521
31 571
30 656

37 657
38 477
39 160
39 502
38 699

151 676
152 896
154 647
155 085
153 578

134 835
136 767
138 002
138 848
137 113

354
358
362
365
360

055
785
330
006
046

1997: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1997 .............................................

33 525
33 757
34 109
32 909
33 575

43 319
43 804
44 072
44 557
43 938

180 343
185 110
189 309
192 934
186 924

161 632
163 812
167 498
173 587
166 635

418
426
434
443
431

819
483
988
987
072

31 404
31 111
30 987
29 574
30 769

39 738
39 848
39 807
40 071
39 866

156 711
157 854
158 767
159 092
158 106

139 745
140 618
141 518
142 867
141 187

367
369
371
371
369

598
431
079
604
928

1998: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1998 .............................................

33 636
33 627
33 978
31 503
33 186

45 107
45 583
45 861
46 169
45 680

196 109
199 049
203 177
208 249
201 646

175 961
178 436
188 470
194 121
184 248

450
456
471
480
464

813
695
486
042
760

30 008
29 692
28 959
27 109
28 941

40 521
40 907
40 956
41 016
40 849

159 031
159 130
159 543
159 584
159 320

143 984
144 852
145 844
147 668
145 587

373
374
375
375
374

544
581
302
377
697

1999: 01 .........................................
02 .........................................

32 733
32 760

46 587
46 702

210 967
213 693

198 354
199 529

488 641
492 684

25 536
25 134

40 947
40 928

159 796
160 048

148 115
148 224

374 394
374 334

KB612
1.

After adjustment for net expenditure of non-residents in the domestic market.

S114

QUARTERLY BULLETIN September 1999

SA RESERVE BANK

FINAL CONSUMPTION EXPENDITURE BY HOUSEHOLDS ACCORDING TO PURPOSE


At current prices
R millions

Period

1979 .........................................
1980 .........................................
1981 .........................................
1982 .........................................
1983 .........................................
1984 .........................................
1985 .........................................
1986 .........................................
1987 .........................................
1988 .........................................
1989 .........................................
1990 .........................................
1991 .........................................
1992 .........................................
1993 .........................................
1994 .........................................
1995 .........................................
1996 .........................................
1997 .........................................
1998 .........................................

Food,
beverages
and
tobacco
(6062J)

8 511
10 174
12 549
14 825
16 763
19 925
22 529
27 905
32 900
39 492
46 460
54 874
64 924
75 570
82 030
94 429
105 704
116 940
134 156
145 242

Clothing
and
footwear

Housing,
water,
electricity,
gas and
other fuels

Furnishings,
household
equipment
and routine
maintenance

Health

(6359J)

(6351J)

(6352J)

(6353J)

2 176
2 694
3 296
3 717
4 019
4 429
4 641
5 490
6 743
8 137
9 798
11 270
13 038
14 431
16 803
18 745
21 232
23 534
25 265
26 037

3 466
4 013
5 334
6 174
8 605
9 958
10 762
12 781
15 209
17 308
20 095
23 920
26 661
29 218
32 043
35 189
40 490
45 577
50 912
56 545

3 589
4 439
5 338
6 162
7 124
7 905
8 503
9 869
11 594
14 070
16 035
18 865
20 582
22 384
24 806
27 818
31 826
35 319
38 811
41 572

986
1 220
1 447
1 880
2 159
2 565
2 967
3 505
4 117
5 017
6 562
8 092
9 977
12 186
14 678
18 844
23 304
26 182
29 689
33 181

Transport

Recreation,
entertainment
and
culture

(6354J)

(6355J)

3 985
5 333
6 557
7 443
8 365
9 334
10 634
11 895
14 880
18 475
22 257
26 782
31 051
34 180
41 085
45 843
53 562
60 961
65 438
66 448

1 431
1 947
2 322
2 691
3 185
3 540
3 841
4 215
4 717
5 908
7 606
9 508
10 919
13 303
14 718
15 574
16 864
18 546
20 031
21 400

Education

Hotels,
cafes
and
restaurants

Miscellaneous
goods
and
services

Total

(6357J)

(6358J)

(6356J)

(6007J)

310
382
484
636
742
911
1 117
1 265
1 462
1 679
1 927
2 199
2 390
2 873
4 186
5 083
6 181
7 078
7 857
9 053

612
915
1 212
1 382
1 385
1 991
2 101
2 402
3 041
3 884
4 672
5 786
6 279
7 072
7 552
7 783
9 214
10 331
11 427
12 602

2 174
2 948
3 714
4 715
5 630
6 482
6 930
8 280
9 819
12 040
13 925
20 577
24 491
25 973
27 491
30 233
34 660
40 812
47 486
52 680

27 241
34 065
42 253
49 625
57 978
67 040
74 025
87 607
104 483
126 010
149 337
181 872
210 312
237 190
265 392
299 541
343 037
385 280
431 072
464 760

KB635

At constant 1995 prices

(6062Y)

1979 .........................................
1980 .........................................
1981 .........................................
1982 .........................................
1983 .........................................
1984 .........................................
1985 .........................................
1986 .........................................
1987 .........................................
1988 .........................................
1989 .........................................
1990 .........................................
1991 .........................................
1992 .........................................
1993 .........................................
1994 .........................................
1995 .........................................
1996 .........................................
1997 .........................................
1998 .........................................

77 746
80 476
83 015
86 817
88 255
94 310
94 731
98 401
100 353
102 337
106 157
107 614
106 051
100 365
100 290
102 932
105 704
109 259
112 981
113 379

(6359Y

12 703
14 454
15 767
15 497
15 283
15 076
14 047
14 238
14 649
15 363
15 964
15 957
16 451
16 761
18 272
19 628
21 232
22 594
23 533
24 124

(6351Y)

16 067
17 628
20 309
22 422
25 750
28 528
30 338
31 656
33 103
34 154
35 145
36 038
36 643
37 515
37 848
38 864
40 490
41 403
42 216
43 139

(6352Y)

18 725
21 416
23 448
23 799
24 475
25 169
23 282
22 747
23 766
26 661
27 827
29 342
28 567
28 562
29 048
30 002
31 826
32 732
33 085
32 980

(6353Y)

9 603
10 228
10 797
11 497
11 443
12 660
12 728
12 564
13 298
14 479
15 168
15 585
16 082
16 686
17 523
20 500
23 304
24 288
24 720
24 891

(6354Y)

30 609
37 068
40 455
39 191
39 112
39 374
33 209
32 632
38 175
42 303
42 649
44 692
44 813
44 074
46 972
48 966
53 562
56 974
57 754
56 989

(6355Y)

10 010
12 042
12 645
12 752
13 624
18 249
17 242
15 287
15 909
15 784
16 685
15 211
14 527
16 550
16 599
16 554
16 864
17 053
17 667
18 341

(6357Y)

5 840
6 303
6 624
7 138
7 118
7 620
7 675
6 768
6 743
6 798
6 445
6 188
5 693
5 552
5 153
5 501
6 181
6 486
6 532
6 783

(6358Y)

6 358
7 806
8 443
8 330
7 822
9 852
9 219
8 961
9 759
10 535
10 914
11 633
10 386
9 710
9 443
8 619
9 214
9 575
9 589
9 852

(6356Y)

15 501
18 816
21 259
22 880
23 611
28 512
27 145
26 573
28 379
29 509
29 147
32 854
34 103
33 050
32 573
33 916
34 662
39 682
41 850
44 220

(6007Y)

219 803
238 683
256 116
261 489
269 348
281 725
271 987
272 419
282 921
297 949
306 113
314 909
313 280
308 826
313 719
325 482
343 037
360 046
369 928
374 697

KB636

QUARTERLY BULLETIN September 1999

S115

SA RESERVE BANK

GROSS FIXED CAPITAL FORMATION


At current prices
R millions

1991

1992

1993

1994

1995

1996

1997

1998

By kind of economic activity


Agriculture, forestry and fishing ........................................ (6080J)

1 940

1 782

2 235

2 917

3 293

4 304

4 204

3 921

Mining and quarrying........................................................ (6081J)

7 354

6 448

5 203

6 602

7 397

8 003

9 638

11 231

Manufacturing .................................................................. (6082J)

13 007

13 018

14 516

17 042

21 820

24 404

26 490

26 169

Private business enterprises......................................... (6083J)


Other ........................................................................... (6084J)

10 344
2 663

12 236
782

13 822
694

16 857
185

21 571
249

24 133
271

26 207
283

25 861
308

Electricity, gas and water ................................................. (6085J)

4 274

4 584

4 499

5 463

7 018

8 383

8 422

6 424

Construction (contractors) ................................................ (6086J)

834

778

726

817

896

977

1 083

1 156

Wholesale and retail trade, catering and accommodation. (6087J)

3 450

3 841

4 155

4 703

5 269

6 560

6 591

6 612

Transport, storage and communication ............................ (6088J)

5 168

5 139

7 608

8 090

9 281

10 613

13 641

23 022

Transnet....................................................................... (6089J)
Other ........................................................................... (6090J)

2 308
2 860

1 769
3 370

1 446
6 162

1 073
7 017

1 510
7 771

1 999
8 614

2 185
11 456

5 668
17 354

Financial intermediation, insurance, real estate and


business services1............................................................ (6091J)

12 298

13 094

14 269

17 109

20 022

23 457

27 089

27 999

Private residential buildings .......................................... (6092J)


Other1 .......................................................................... (6093J)

4 765
7 533

5 375
7 719

5 774
8 495

6 404
10 705

7 160
12 862

8 007
15 450

8 461
18 628

8 730
19 269

Community, social and personal services ......................... (6094J)

8 629

9 571

9 392

10 304

12 046

12 680

14 115

15 526

Central government...................................................... (6095J)


Provincial governments ................................................ (6096J)
Local authorities........................................................... (6097J)
Other ........................................................................... (6098J)

5 200
1 035
1 790
604

4 969
808
3 139
655

5 155
1 179
2 489
569

4 738
2 063
2 791
712

4 718
3 738
2 978
612

4 317
4 295
3 336
732

4 187
4 537
4 721
670

5 053
5 600
4 088
785

Total fixed capital formation ..................................... (6009J)

56 954

58 255

62 603

73 047

87 042

99 381

111 273

122 060

General government......................................................... (6100J)

11 480

10 611

10 685

11 358

13 123

14 883

16 644

17 817

Functional classification Economic


:
infrastructure2 ....... (6101J)
Social infrastructure3 ............. (6102J)
Economic services4 ............... (6103J)

6 572
3 851
1 057

6 161
3 177
1 273

5 875
3 635
1 175

6 622
3 598
1 138

6 016
5 073
2 034

7 687
5 010
2 186

9 136
4 548
2 960

9 126
5 461
3 230

General government services ....................................... (6104J)


Business enterprises
............................................. (6105J)

7 927
3 553

8 563
2 048

8 541
2 144

9 278
2 080

11 127
1 996

11 581
3 302

13 098
3 546

14 368
3 449

............................................. (6106J)

8 828

8 839

8 163

8 430

10 385

12 023

13 995

22 322

Functional classification Economic


:
infrastructure2 ....... (6107J)
Economic services4 ............... (6108J)

5 456
3 372

7 330
1 509

7 097
1 066

7 991
439

9 890
495

11 377
646

12 733
1 262

21 308
1 014

Private business enterprises1............................................ (6109J)

36 646

38 805

43 755

53 259

63 534

72 475

80 634

81 921

By type of organisation

Public corporations

KB613
1.
2.
3.
4.

Including transfer costs.


Roads, bridges, dams, electricity and water supply, etc.
Schools, hospitals, etc. and administrative services.
Business enterprises not included in economic infrastructure.

S116

QUARTERLY BULLETIN September 1999

SA RESERVE BANK

GROSS FIXED CAPITAL FORMATION


At constant 1995 prices
R millions

1991

1992

1993

1994

1995

1996

1997

1998

By kind of economic activity


Agriculture, forestry and fishing ....................................... (6080Y)

2 655

2 246

2 612

3 158

3 293

3 938

3 506

3 067

Mining and quarrying....................................................... (6081Y)

9 831

7 992

6 006

7 099

7 397

7 511

8 502

9 526

Manufacturing ................................................................. (6082Y)

16 948

15 938

16 567

18 099

21 820

23 247

24 073

22 751

Electricity, gas and water ................................................ (6085Y)

5 578

5 591

5 132

5 831

7 018

7 952

7 531

5 395

Construction (contractors) ............................................... (6086Y)

1 117

963

832

868

896

932

978

997

Wholesale and retail trade, catering and accommodation (6087Y)

4 749

4 860

4 846

5 079

5 269

6 179

5 872

5 650

Transport, storage and communication ........................... (6088Y)

7 367

6 651

8 825

8 682

9 281

10 098

12 154

19 681

Financial intermediation, insurance, real estate and


business services1........................................................... (6091Y)

17 310

16 823

16 865

18 601

20 022

21 899

23 575

23 232

Community, social and personal services ........................ (6094Y)

11 614

11 976

10 959

11 218

12 046

11 804

12 271

12 932

Total fixed capital formation .................................... (6009Y)

77 105

73 049

72 644

78 635

87 042

93 560

98 462

103 231

............................................... (6100Y)

15 737

13 308

12 487

12 384

13 123

13 815

14 423

14 788

Functional classification Economic


:
infrastructure2....... (6101Y)
Social infrastructure3 ............. (6102Y)
Economic services4 .............. (6103Y)

8 961
5 037
1 739

7 836
3 892
1 580

6 946
4 182
1 359

7 291
3 866
1 227

6 016
5 073
2 034

7 033
4 707
2 075

7 771
4 004
2 648

7 388
4 608
2 792

General government services ...................................... (6104Y)


Business enterprises
............................................. (6105Y)

10 678
5 059

10 737
2 571

9 979
2 508

10 111
2 273

11 127
1 996

10 771
3 044

11 375
3 048

11 961
2 827

............................................. (6106Y)

11 735

10 983

9 334

8 969

10 385

11 481

12 590

19 058

Functional classification: Economic infrastructure2....... (6107Y)


Economic services4 .............. (6108Y)

4 996
6 739

6 242
4 741

8 083
1 251

8 499
470

9 890
495

10 872
609

11 487
1 103

18 207
851

Private business enterprises1 .......................................... (6109Y)

49 936

48 749

50 823

57 282

63 534

68 264

71 449

69 385

By type of organisation
General government

Public corporations

KB614
1.
2.
3.
4.

Including transfer costs.


Roads, bridges, dams, electricity and water supply, etc.
Schools, hospitals, etc. and administrative services.
Business enterprises not included in economic infrastructure.

QUARTERLY BULLETIN September 1999

S117

SA RESERVE BANK

GROSS FIXED CAPITAL FORMATION


At current prices
R millions

By kind of economic activity

Period
Mining
and
quarrying

Manufacturing

Electricity,
gas and
water

(6081K)

(6082K)

(6085K)

By type of organisation

Transport,
storage
and
communication

Financial,
intermediation,
insurance
real estate
and business
services1

Community,
social
and
personal
services

(6088K)

(6091K)

(6094K)

Total

General
government

Public
corporations

Private
business
enterprises1

(6009K)

(6100K)

(6106K)

(6109K)

1995: 03 .........................................
04 .........................................
1995 .............................................

1 538
2 047
7 397

5 879
5 883
21 820

1 535
1 984
7 018

2 481
2 423
9 281

5 176
5 081
20 022

2 964
3 209
12 046

21 948
23 044
87 042

3 207
3 536
13 123

2 510
2 877
10 385

16 231
16 631
63 534

1996: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1996 .............................................

1 633
2 087
1 812
2 471
8 003

5 478
6 145
6 473
6 308
24 404

1 781
2 388
1 994
2 220
8 383

2 932
2 368
2 606
2 707
10 613

5 525
5 690
6 004
6 238
23 457

3 186
3 135
3 084
3 275
12 680

23 125
24 836
25 106
26 314
99 381

3 591
3 783
3 599
3 910
14 883

3 090
2 917
2 916
3 100
12 023

16 444
18 136
18 591
19 304
72 475

1997: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1997 .............................................

2 057
2 557
2 207
2 817
9 638

5 849
6 545
6 966
7 130
26 490

2 028
2 145
1 955
2 294
8 422

3 318
3 111
3 413
3 799
13 641

6 427
6 464
6 898
7 300
27 089

3 332
3 360
3 492
3 931
14 115

26 135
27 162
27 890
30 086
111 273

3 962
4 083
3 953
4 646
16 644

3 379
3 235
3 492
3 889
13 995

18 794
19 844
20 445
21 551
80 634

1998: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1998 .............................................

2 420
3 016
2 568
3 227
11 231

5 971
6 622
6 860
6 716
26 169

1 695
1 670
1 359
1 700
6 424

4 939
4 740
6 287
7 056
23 022

7 064
6 909
7 054
6 972
27 999

3 811
3 730
3 832
4 153
15 526

28 824
29 474
30 893
32 869
122 060

4 324
4 444
4 328
4 721
17 817

4 594
4 543
6 050
7 135
22 322

19 906
20 487
20 515
21 013
81 921

1999: 01 .........................................
02 .........................................

2 667
3 054

6 032
6 747

1 594
1 706

5 718
4 472

6 913
6 800

3 963
3 765

29 960
29 523

4 472
4 319

5 677
4 490

19 811
20 714

KB615

Seasonally adjusted annualised rates


(6081L)

(6082L)

(6085L)

(6088L)

(6091L)

(6094L)

(6009L)

(6100L)

(6106L)

(6109L)

1995: 03 .........................................
04 .........................................
1995 .............................................

7 704
7 153
7 397

22 094
22 894
21 820

7 150
7 425
7 018

9 683
9 689
9 281

20 183
20 721
20 022

12 335
12 317
12 046

88 715
89 927
87 042

13 275
13 507
13 123

10 838
11 127
10 385

64 602
65 293
63 534

1996: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1996 .............................................

7 475
7 742
8 311
8 483
8 003

23 952
24 519
24 748
24 398
24 404

7 549
8 417
8 881
8 684
8 383

10 522
10 505
10 545
10 878
10 613

21 909
22 780
23 663
25 476
23 457

12 401
12 723
12 642
12 953
12 680

94 012
98 424
101 186
103 901
99 381

13 968
14 744
15 219
15 598
14 883

11 599
12 085
12 247
12 163
12 023

68 445
71 595
73 720
76 140
72 475

1997: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1997 .............................................

8 925
9 579
9 929
10 116
9 638

26 048
26 501
26 741
26 676
26 490

9 050
8 578
7 967
8 091
8 422

12 173
13 117
14 144
15 132
13 641

25 925
26 920
27 460
28 053
27 089

13 322
13 673
14 763
14 700
14 115

108 074
110 736
112 573
113 707
111 273

16 261
16 596
16 776
16 942
16 644

12 987
13 706
14 495
14 793
13 995

78 826
80 434
81 302
81 972
80 634

1998: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1998 .............................................

10 357
11 226
11 642
11 699
11 231

25 776
26 488
26 236
26 173
26 169

7 182
6 334
5 901
6 284
6 424

17 682
20 484
25 309
28 610
23 022

28 009
27 960
27 906
28 123
27 999

15 127
15 221
15 998
15 759
15 526

115 525
119 163
124 832
128 724
122 060

17 350
17 656
18 215
18 046
17 817

16 633
19 623
24 695
28 335
22 322

81 542
81 884
81 922
82 343
81 921

1999: 01 .........................................
02 .........................................

11 835
11 246

26 563
26 926

6 763
6 545

20 414
18 920

27 460
27 565

15 723
15 888

120 715
118 991

17 941
17 747

20 588
19 031

82 186
82 213

KB616
1.

Including transfer costs.

S118

QUARTERLY BULLETIN September 1999

SA RESERVE BANK

GROSS FIXED CAPITAL FORMATION


At constant 1995 prices
R millions

By kind of economic activity

Period
Mining
and
quarrying

Manufacturing

Electricity,
gas and
water

(6081C)

(6082C)

(6085C)

By type of organisation

Financial
intermediation,
Transport,
insurance,
storage
real estate
and
and business
communication
services1
(6088C)

(6091C)

Community,
social
and
personal
services
(6094C)

Total

General
government

Public
corporations

Private
business
enterprises1

(6009C)

(6100C)

(6106C)

(6109C)

1995: 03 .........................................
04 .........................................
1995 .............................................

1 526
2 009
7 397

5 852
5 801
21 820

1 527
1 956
7 018

2 461
2 386
9 281

5 123
4 970
20 022

2 939
3 140
12 046

21 779
22 638
87 042

3 179
3 459
13 123

2 496
2 839
10 385

16 104
16 340
63 534

1996: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1996 .............................................

1 578
1 981
1 692
2 260
7 511

5 342
5 899
6 134
5 872
23 247

1 735
2 285
1 879
2 053
7 952

2 857
2 273
2 468
2 500
10 098

5 319
5 357
5 567
5 656
21 899

3 062
2 938
2 842
2 962
11 804

22 402
23 583
23 474
24 101
93 560

3 446
3 538
3 306
3 525
13 815

3 017
2 811
2 767
2 886
11 481

15 939
17 234
17 401
17 690
68 264

1997: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1997 .............................................

1 841
2 266
1 935
2 460
8 502

5 380
5 970
6 317
6 406
24 073

1 841
1 921
1 744
2 025
7 531

3 010
2 775
3 031
3 338
12 154

5 703
5 652
5 970
6 250
23 575

2 950
2 929
3 018
3 374
12 271

23 489
24 114
24 570
26 289
98 462

3 494
3 547
3 407
3 975
14 423

3 081
2 919
3 125
3 465
12 590

16 914
17 648
18 038
18 849
71 449

1998: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1998 .............................................

2 097
2 596
2 163
2 670
9 526

5 309
5 838
5 927
5 677
22 751

1 481
1 414
1 123
1 377
5 395

4 333
4 160
5 346
5 842
19 681

6 022
5 797
5 787
5 626
23 232

3 247
3 142
3 180
3 363
12 932

24 982
25 290
25 936
27 023
103 231

3 672
3 728
3 578
3 810
14 788

4 052
3 987
5 134
5 885
19 058

17 258
17 575
17 224
17 328
69 385

1999: 01 .........................................
02 .........................................

2 192
2 491

5 062
5 620

1 287
1 363

4 782
3 723

5 525
5 368

3 188
2 990

24 504
23 925

3 583
3 413

4 736
3 716

16 185
16 796

KB617

Seasonally adjusted annualised rates


(6081D)

(6082D)

(6085D)

(6088D)

(6091D)

(6094D)

(6009D)

(6100D)

(6106D)

(6109D)

1995: 03 .........................................
04 .........................................
1995 .............................................

7 635
7 020
7 397

21 968
22 560
21 820

7 102
7 339
7 018

9 602
9 557
9 281

19 977
20 273
20 022

12 230
12 054
12 046

87 992
88 359
87 042

13 159
13 211
13 123

10 770
11 014
10 385

64 063
64 134
63 534

1996: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1996 .............................................

7 219
7 341
7 748
7 737
7 511

23 352
23 520
23 417
22 697
23 247

7 354
8 063
8 360
8 029
7 952

10 263
10 085
9 992
10 052
10 098

21 093
21 458
21 943
23 105
21 899

11 922
11 925
11 644
11 722
11 804

91 083
93 475
94 565
95 115
93 560

13 415
13 800
13 975
14 073
13 815

11 331
11 639
11 626
11 326
11 481

66 337
68 036
68 964
69 716
68 264

1997: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1997 .............................................

7 978
8 463
8 716
8 855
8 502

23 976
24 160
24 213
23 944
24 073

8 199
7 664
7 100
7 161
7 531

11 046
11 716
12 559
13 295
12 154

22 986
23 522
23 761
24 033
23 575

11 791
11 914
12 743
12 634
12 271

97 091
98 252
99 092
99 415
98 462

14 330
14 408
14 437
14 515
14 423

11 845
12 340
12 973
13 199
12 590

70 916
71 504
71 682
71 701
71 449

1998: 01 .........................................
02 .........................................
03 .........................................
04 .........................................
1998 .............................................

8 971
9 645
9 810
9 680
9 526

22 943
23 328
22 621
22 110
22 751

6 268
5 350
4 872
5 092
5 395

15 527
17 975
21 486
23 741
19 681

23 870
23 459
22 904
22 696
23 232

12 886
12 813
13 254
12 775
12 932

100 146
102 207
104 685
105 888
103 231

14 730
14 809
15 036
14 575
14 788

14 690
17 188
20 912
23 442
19 058

70 726
70 210
68 737
67 871
69 385

1999: 01 .........................................
02 .........................................

9 715
9 166

22 304
22 420

5 460
5 218

17 089
15 724

21 947
21 759

12 653
12 592

98 730
96 348

14 376
14 011

17 181
15 704

67 173
66 633

KB618
1.

Including transfer costs.

QUARTERLY BULLETIN September 1999

S119

SA RESERVE BANK

GROSS FIXED CAPITAL FORMATION BY TYPE OF ASSET


At current prices
R millions

1991

1992

1993

1994

1995

1996

1997

1998

Residential buildings .................................................... (6110J)

5 914

6 640

6 990

7 567

8 415

9 192

10 591

10 733

General government ....................................................... (6111J)

700

935

756

643

692

596

1 428

1 229

Public corporations ......................................................... (6112J)

49

100

24

29

Private business enterprises............................................ (6113J)

5 165

5 605

6 210

6 895

7 717

8 592

9 159

9 500

Non-residential buildings ............................................. (6114J)

8 195

7 235

7 428

8 939

11 322

12 264

11 750

13 275

General government ....................................................... (6115J)

1 580

1 502

1 679

1 694

2 436

2 627

2 159

2 449

Public corporations ......................................................... (6116J)

190

275

299

391

514

396

616

1 275

Private business enterprises............................................ (6117J)

6 425

5 458

5 450

6 854

8 372

9 241

8 975

9 551

Construction works ...................................................... (6118J)

11 942

10 727

9 508

10 454

10 716

13 035

16 415

17 186

General government ....................................................... (6119J)

5 560

6 010

5 749

6 578

5 900

7 677

9 244

9 248

Public corporations ......................................................... (6120J)

3 935

2 097

1 234

776

1 140

1 419

2 929

3 355

Private business enterprises............................................ (6121J)

2 447

2 620

2 525

3 100

3 676

3 939

4 242

4 583

Transport equipment .................................................... (6122J)

8 188

8 508

9 510

10 968

13 828

14 202

16 024

18 942

General government ....................................................... (6123J)

155

69

64

60

59

78

42

55

Public corporations ......................................................... (6124J)

1 599

1 362

1 153

821

947

1 064

992

4 393

Private business enterprises............................................ (6125J)

6 434

7 077

8 293

10 087

12 822

13 060

14 990

14 494

Machinery and other equipment .................................. (6126J)

20 837

23 086

26 927

32 316

39 765

47 314

53 171

58 983

General government ....................................................... (6127J)

3 485

2 095

2 437

2 383

4 036

3 905

3 771

4 836

Public corporations ......................................................... (6128J)

3 055

5 005

5 453

6 413

7 778

9 140

9 454

13 295

Private business enterprises............................................ (6129J)

14 297

15 986

19 037

23 520

27 951

34 269

39 946

40 852

Transfer costs1 .............................................................. (6130J)

1 878

2 060

2 240

2 803

2 996

3 374

3 322

2 941

Total fixed capital formation .................................... (6009J)

56 954

58 255

62 603

73 047

87 042

99 381

111 273

122 060

KB619
1.

Private business enterprises.

S120

QUARTERLY BULLETIN September 1999

SA RESERVE BANK

GROSS FIXED CAPITAL FORMATION BY TYPE OF ASSET


At constant 1995 prices
R millions

1991

1992

1993

1994

1995

1996

1997

1998

Residential buildings.................................................... (6110Y)

8 147

8 408

8 267

8 283

8 415

8 420

9 018

8 687

General government....................................................... (6111Y)

730

897

896

703

692

545

1 216

995

Public corporations ........................................................ (6112Y)

68

126

28

32

Private business enterprises ........................................... (6113Y)

7 256

7 384

7 343

7 548

7 717

7 871

7 798

7 688

Non-residential buildings............................................. (6114Y)

11 219

9 177

8 787

9 774

11 322

11 244

10 014

10 758

General government....................................................... (6115Y)

2 144

1 882

1 984

1 854

2 436

2 418

1 841

1 985

Public corporations ........................................................ (6116Y)

261

348

352

428

514

366

523

1 033

Private business enterprises ........................................... (6117Y)

8 743

6 947

6 451

7 492

8 372

8 460

7 650

7 740

Construction works...................................................... (6118Y)

16 578

13 664

11 249

11 494

10 716

11 884

13 894

13 803

General government....................................................... (6119Y)

7 821

7 765

6 804

7 244

5 900

7 016

7 857

7 479

Public corporations ........................................................ (6120Y)

5 474

2 682

1 468

855

1 140

1 296

2 489

2 710

Private business enterprises ........................................... (6121Y)

3 985

3 225

2 977

3 395

3 676

3 572

3 548

3 614

Transport equipment ................................................... (6122Y)

12 899

11 806

11 530

11 955

13 828

13 499

13 942

15 525

General government....................................................... (6123Y)

240

96

76

66

59

73

36

45

Public corporations ........................................................ (6124Y)

2 523

1 893

1 377

897

947

1 014

863

3 528

Private business enterprises ........................................... (6125Y)

10 128

9 817

10 077

10 992

12 822

12 412

13 043

11 952

Machinery and other equipment ................................. (6126Y)

26 306

27 363

30 154

34 050

39 765

45 418

48 770

52 070

General government....................................................... (6127Y)

4 803

2 667

2 727

2 517

4 036

3 763

3 473

4 284

Public corporations ........................................................ (6128Y)

3 856

5 934

6 109

6 757

7 778

8 801

8 711

11 783

Private business enterprises ........................................... (6129Y)

17 446

18 753

21 318

24 776

27 951

32 854

36 586

36 003

Transfer costs1 ............................................................. (6130Y)

2 605

2 624

2 657

3 079

2 996

3 095

2 824

2 388

Total fixed capital formation ................................... (6009Y)

77 105

73 049

72 644

78 635

87 042

93 560

98 462

103 231

KB620
1.

Private business enterprises.

QUARTERLY BULLETIN September 1999

S121

SA RESERVE BANK

GROSS FIXED CAPITAL FORMATION BY TYPE OF ASSET


R millions

At current prices
Period

Residential
buildings

(6110K)

NonConstruction
residential
works
buildings

At constant 1995 prices

Transport
equipment

Machinery
and other
equipment

Transfer
costs

Residential
buildings

(6130K)

(6110C)

(6114K)

(6118K)

(6122K)

(6126K)

NonConstruction
residential
works
buildings

Transport
equipment

Machinery
and other
equipment

Transfer
costs

(6130C)

(6114C)

(6118C)

(6122C)

(6126C)

1995: 03 ...............................
04 ...............................
1995 ...................................

2 139
2 144
8 415

2 877
3 294
11 322

2 547
2 968
10 716

3 557
3 511
13 828

10 060
10 428
39 765

768
699
2 996

2 116
2 084
8 415

2 851
3 209
11 322

2 517
2 890
10 716

3 514
3 454
13 828

10 023
10 323
39 765

758
678
2 996

1996: 01...............................
02 ...............................
03 ...............................
04 ...............................
1996 ...................................

2 189
2 223
2 364
2 416
9 192

2 981
3 093
3 030
3 160
12 264

2 769
3 272
3 182
3 812
13 035

3 670
3 231
3 528
3 773
14 202

10 710
12 110
12 130
12 364
47 314

806
907
872
789
3 374

2 079
2 050
2 142
2 149
8 420

2 833
2 854
2 746
2 811
11 244

2 624
3 013
2 870
3 377
11 884

3 584
3 116
3 350
3 449
13 499

10 515
11 713
11 575
11 615
45 418

767
837
791
700
3 095

1997: 01...............................
02 ...............................
03 ...............................
04 ...............................
1997 ...................................

2 456
2 497
2 688
2 950
10 591

2 952
2 822
2 859
3 117
11 750

3 750
4 063
3 868
4 734
16 415

3 564
3 816
4 142
4 502
16 024

12 623
13 124
13 497
13 927
53 171

790
840
836
856
3 322

2 134
2 137
2 272
2 475
9 018

2 566
2 416
2 416
2 616
10 014

3 231
3 451
3 251
3 961
13 894

3 179
3 335
3 588
3 840
13 942

11 695
12 057
12 339
12 679
48 770

684
718
704
718
2 824

1998: 01...............................
02 ...............................
03 ...............................
04 ...............................
1998 ...................................

2 557
2 661
2 705
2 810
10 733

3 287
3 209
3 305
3 474
13 275

4 204
4 301
3 975
4 706
17 186

4 631
3 616
4 877
5 818
18 942

13 329
14 880
15 292
15 482
58 983

816
807
739
579
2 941

2 123
2 175
2 176
2 213
8 687

2 731
2 625
2 661
2 741
10 758

3 458
3 490
3 175
3 680
13 803

3 965
3 012
3 917
4 631
15 525

12 027
13 327
13 414
13 302
52 070

678
661
593
456
2 388

1999: 01...............................
02 ...............................

2 669
2 767

3 329
3 281

4 217
4 027

3 751
3 298

15 367
15 521

627
629

2 080
2 115

2 598
2 510

3 253
3 059

2 954
2 588

13 130
13 172

489
481

(6114D)

(6118D)

(6122D)

(6126D)

(6130D)

KB621

Seasonally adjusted annualised rates


(6110L)

(6114L)

(6118L)

(6122L)

(6126L)

(6130L)

(6110D)

1995: 03 ...............................
04 ...............................
1995 ...................................

8 395
8 408
8 415

11 306
12 034
11 322

11 200
10 745
10 716

14 035
14 447
13 828

40 830
41 378
39 765

2 949
2 915
2 996

8 300
8 168
8 415

11 186
11 712
11 322

11 053
10 475
10 716

13 871
14 225
13 828

40 670
40 949
39 765

2 912
2 830
2 996

1996: 01...............................
02 ...............................
03 ...............................
04 ...............................
1996 ...................................

8 914
8 815
9 477
9 560
9 192

11 709
13 022
12 259
12 067
12 264

11 076
12 121
13 973
14 965
13 035

13 901
13 408
13 980
15 516
14 202

45 138
47 509
48 123
48 488
47 314

3 274
3 549
3 374
3 305
3 374

8 466
8 129
8 587
8 502
8 420

11 124
12 011
11 107
10 731
11 244

10 500
11 162
12 615
13 261
11 884

13 577
12 933
13 283
14 204
13 499

44 303
45 965
45 920
45 484
45 418

3 113
3 275
3 053
2 933
3 095

1997: 01...............................
02 ...............................
03 ...............................
04 ...............................
1997 ...................................

10 494
10 490
11 028
10 348
10 591

11 718
11 618
11 673
11 993
11 750

15 642
16 362
16 746
16 913
16 415

13 500
15 977
16 613
18 006
16 024

53 502
53 027
53 291
52 866
53 171

3 218
3 262
3 222
3 581
3 322

9 113
8 972
9 312
8 676
9 018

10 183
9 947
9 865
10 064
10 014

13 471
13 894
14 076
14 132
13 894

12 030
13 954
14 381
15 399
13 942

49 508
48 702
48 738
48 136
48 770

2 786
2 783
2 720
3 008
2 824

1998: 01...............................
02 ...............................
03 ...............................
04 ...............................
1998 ...................................

10 569
10 630
10 808
10 928
10 733

12 636
13 328
13 646
13 488
13 275

17 127
17 103
17 104
17 406
17 186

17 392
15 245
20 015
23 119
18 942

54 464
59 761
60 357
61 351
58 983

3 337
3 096
2 902
2 432
2 941

8 772
8 684
8 691
8 603
8 687

10 501
10 906
10 985
10 641
10 758

14 083
13 871
13 664
13 598
13 803

14 893
12 703
16 082
18 425
15 525

49 128
53 511
52 931
52 708
52 070

2 769
2 532
2 332
1 913
2 388

1999: 01...............................
02 ...............................

11 075
11 073

13 351
13 669

17 442
16 555

14 141
13 741

62 142
61 548

2 564
2 405

8 631
8 463

10 420
10 460

13 461
12 578

11 132
10 778

53 093
52 232

1 993
1 837

KB622

S122

QUARTERLY BULLETIN September 1999

SA RESERVE BANK

FIXED CAPITAL STOCK


At constant 1995 prices
R millions

As at 31 December

1991

1992

1993

1994

1995

1996

1997

1998

By kind of economic activity


Agriculture, forestry and fishing........................................ (6140Y)

46 722

45 582

44 823

44 679

44 692

45 306

45 420

45 085

Mining and quarrying ....................................................... (6141Y)

105 978

106 132

104 323

103 523

102 910

102 356

102 736

104 032

Manufacturing ................................................................. (6142Y)

167 258

171 402

175 360

179 968

186 853

193 831

200 294

204 294

Electricity, gas and water................................................. (6143Y)

107 350

104 346

100 929

98 305

96 975

96 678

96 068

93 592

Construction (contractors) ............................................... (6144Y)

6 696

6 555

6 344

6 225

6 167

6 157

6 190

6 238

Wholesale and retail trade, catering and accommodation (6145Y)

56 541

57 089

57 616

58 295

59 119

60 709

61 806

62 583

Transport, storage and communication ........................... (6146Y)

188 455

187 971

189 980

191 675

193 794

196 474

200 787

211 714

Financial intermediation, insurance, real estate and


business services1 ........................................................... (6147Y)

258 323

260 276

262 028

265 268

269 481

275 218

282 256

288 454

Community, social and personal services ........................ (6148Y)

243 229

248 230

250 859

253 501

256 672

259 217

261 888

264 884

Total fixed capital stock ............................................ (6149Y) 1 155 647

1 162 869 1 192 262 1 201 439

1 216 663 1 235 946

1 257 445 1 280 876

By type of organisation
General government......................................................... (6150Y)

311 388

295 924

298 284

300 319

302 811

305 610

308 666

311 744

Functional classification: Economic infrastructure2........ (6132Y)


Social infrastructure3 .............. (6133Y)
Economic services4 ............... (6134Y)

186 164
97 552
25 006

173 523
96 848
25 547

176 068
96 469
25 747

178 841
95 674
25 804

180 246
95 965
26 600

182 571
95 721
27 318

185 532
94 670
28 464

188 013
94 162
29 569

General government services ....................................... (6151Y)


Business enterprises
.............................................. (6152Y)

229 999
87 850

234 704
61 221

236 980
61 304

239 197
61 122

242 180
60 631

244 473
61 137

247 071
61 595

249 955
61 789

.............................................. (6153Y)

251 636

271 160

265 005

258 803

254 356

251 255

249 430

253 911

Functional classification: Economic infrastructure2........ (6135Y)


Economic services4 ............... (6136Y)
Private business enterprises1............................................ (6154Y)

207 960
45 601
588 810

227 613
43 555
595 781

223 430
41 575
628 973

219 934
38 869
642 317

218 137
36 219
659 496

217 519
33 736
679 081

217 624
31 806
699 349

224 242
29 669
715 221

Public corporations

KB623
1.
2.
3.
4.

Including transfer costs.


Roads, bridges, dams, electricity and water supply, etc.
Schools, hospitals, etc. and administrative services.
Business enterprises not included in economic infrastructure.

QUARTERLY BULLETIN September 1999

S123

SA RESERVE BANK

CHANGE IN INVENTORIES
At current prices
R millions

1991

1992

1993

1994

1995

1996

1997

1998

By kind of economic activity


Agriculture, forestry and fishing1 ....................................... (6160J)

815

233

745

1 392

1 665

1 798

1 658

1 573

Mining and quarrying ....................................................... (6161J)

-223

454

1 052

1 852

1 102

1 408

-266

-166

Manufacturing.................................................................. (6162J)

2 012

1 949

1 848

5 103

8 727

4 504

2 861

-1 646

Private business enterprises......................................... (6163J)


Other ........................................................................... (6164J)

1 984
28

1 988
-39

1 780
68

5 442
-339

8 400
327

4 734
-230

2 527
334

-1 828
182

Electricity, gas and water ................................................. (6165J)

89

98

324

-30

-300

169

-495

871

Construction (contractors)................................................ (6166J)

243

-117

99

242

291

409

422

269

Wholesale and retail trade, catering and accommodation (6167J)

985

-789

2 778

6 808

8 183

4 939

-398

-1 874

Wholesale, retail and motor trade................................. (6168J)


Other ........................................................................... (6169J)

1 912
-927

910
-1 699

1 794
984

6 465
343

8 404
-221

2 578
2 361

113
-511

-1 123
-751

Transport, storage and communication............................ (6170J)

-64

680

-284

-711

331

99

686

575

Financial intermediation, insurance, real estate and


business services............................................................. (6171J)

Community, social and personal services......................... (6172J)

28

-53

-5

13

-14

37

17

138

Change in inventories at book value ....................... (6173J)

3 885

2 455

6 557

14 669

19 986

13 364

4 485

-259

Inventory valuation adjustment ................................ (6174J)

-5 415

-5 774

-3 954

-6 656

-8 469

-7 761

-5 941

-6 173

Total change in inventories....................................... (6010J)

-1 530

-3 319

2 603

8 013

11 517

5 603

-1 456

-6 432

General government ........................................................ (6175J)

-79

-19

-79

-44

-10

26

77

-22

Public corporations .......................................................... (6176J)

-464

144

-357

-1 718

-299

-488

133

1 442

Private business enterprises............................................. (6177J)

-987

-3 444

3 039

9 775

11 826

6 065

-1 666

-7 852

Industrial and commercial inventories2 .................. (6178J

3 924

2 859

3 642

11 568

17 131

7 082

2 974

-2 769

By type of organisation

KB624
1. Including livestock.
2. Change in book value of inventories of total manufacturing and of wholesale, retail and motor trade.

S124

QUARTERLY BULLETIN September 1999

SA RESERVE BANK

CHANGE IN INVENTORIES
At constant 1995 prices
R millions

1991

1992

1993

1994

1995

1996

1997

1998

By kind of economic activity


Agriculture, forestry and fishing1 ...................................... (6160Y)

1 253

999

1 003

1 615

1 670

1 624

1 328

1 171

Mining and quarrying ....................................................... (6161Y)

-217

337

1 000

1 609

724

904

-580

-407

Manufacturing.................................................................. (6162Y)

-1 035

-132

-786

1 970

5 073

242

-57

-3 294

Private business enterprises ........................................ (6163Y)


Other ........................................................................... (6164Y)

-859
-152

41
-173

-738
-48

2 480
-510

4 851
222

562
-320

-284
227

-3 385
91

Electricity, gas and water ................................................. (6165Y)

-61

-40

262

-241

-451

45

-512

673

Construction (contractors) ............................................... (6166Y)

84

-302

-45

76

60

164

179

65

Wholesale and retail trade, catering and accommodation (6167Y)

-2 795

-3 837

1 045

4 777

4 406

363

-1 808

-3 712

Wholesale, retail and motor trade ................................ (6168Y)


Other ........................................................................... (6169Y)

-303
-2 507

-1 205
-2 632

198
847

3 955
822

5 333
-927

-794
1 157

-1 868
60

-2 631
-1 081

Transport, storage and communication ........................... (6170Y)

-521

200

-614

-1 163

63

-141

430

317

Financial intermediation, insurance, real estate and


business services ............................................................ (6171Y)

-2

Community, social and personal services ........................ (6172Y)

14

-89

-18

-6

-29

24

106

Total change in inventories ...................................... (6010Y)

-3 281

-2 864

1 847

8 637

11 517

3 226

-1 013

-5 081

General government ........................................................ (6175Y)

-106

-24

-95

-50

-10

25

69

-17

Public corporations.......................................................... (6176Y)

-642

-51

-384

-1 928

-299

-474

97

1 220

Private business enterprises ............................................ (6177Y)

-3 103

-3 257

2 326

10 615

11 826

3 675

-1 179

-6 284

Industrial and commercial inventories2 .................. (6178Y)

-1 311

-1 337

-588

5 925

10 406

-552

-1 925

-5 925

By type of organisation

KB625
1. Including livestock.
2. Change in book value of inventories of total manufacturing and of wholesale, retail and motor trade.

QUARTERLY BULLETIN September 1999

S125

SA RESERVE BANK

GROSS AND NET CAPITAL FORMATION BY TYPE OF ORGANISATION


At current prices
R millions

1991

1992

1993

1994

1995

1996

1997

1998

Gross capital formation1 ........................................... (6180J)

55 424

54 936

65 206

81 060

98 559

104 984

109 817

115 628

General government ....................................................... (6181J)

11 401

10 592

10 606

11 314

13 113

14 909

16 721

17 795

Public corporations ......................................................... (6182J)

8 364

8 983

7 806

6 712

10 086

11 535

14 128

23 764

Private business enterprises............................................ (6183J)

35 659

35 361

46 794

63 034

75 360

78 540

78 968

74 069

Consumption of fixed capital2 ................................. (6002J)

50 251

54 227

58 575

64 500

71 827

78 923

87 155

94 652

General government ....................................................... (6184J)

9 294

7 910

8 664

9 516

10 631

11 877

13 090

14 129

Public corporations ......................................................... (6185J)

10 025

13 013

13 543

14 193

14 829

15 385

16 100

16 986

Private business enterprises............................................ (6186J)

30 931

33 304

36 368

40 791

46 367

51 661

57 965

63 537

Net capital formation................................................. (6187J)

5 173

709

6 631

16 560

26 732

26 061

22 662

20 976

General government ....................................................... (6188J)

2 107

2 682

1 942

1 798

2 482

3 032

3 631

3 666

Public corporations ......................................................... (6189J)

-1 661

-4 030

-5 737

-7 481

-4 743

-3 850

-1 972

6 778

Private business enterprises............................................ (6190J)

4 728

2 057

10 426

22 243

28 993

26 879

21 003

10 532

1992

1993

1994

1995

1996

1997

1998

KB626
1.
2.

After inventory valuation adjustment.


At replacement value.

FINANCING OF GROSS CAPITAL FORMATION


At current prices
R millions

1991
Saving by households1 .................................................... (6200J)

5 722

13 226

12 436

8 478

6 212

7 114

7 014

6 551

Corporate saving1 ............................................................ (6201J)

15 857

20 283

27 656

36 750

35 656

41 121

38 451

31 632

Saving of general government1 ........................................ (6202J)

-10 162

-27 249

-28 593

-28 330

-23 128

-30 300

-33 230

-28 837

Consumption of fixed capital2 .......................................... (6002J)

50 251

54 227

58 575

64 500

71 827

78 923

87 155

94 652

Gross saving3 ............................................................... (6203J)

61 668

60 487

70 074

81 398

90 567

96 858

99 390

103 998

Foreign investment..................................................... (6206J)

-6 244

-5 551

-4 868

-338

7 992

8 126

10 427

11 630

Net capital inflow from the rest of the world ................. (6204J)

-3 174

-4 179

-6 355

2 137

11 270

3 017

29 378

12 142

Change in gold and other foreign reserves4 ................. (6205J)

-3 070

-1 372

1 487

-2 475

-3 278

5 109

-18 951

-512

Gross capital formation ............................................. (6180J)

55 424

54 936

65 206

81 060

98 559

104 984

109 817

115 628

KB627
1.
2.
3.
4.

After consumption of fixed capital and after inventory valuation adjustment.


At replacement value.
After inventory valuation adjustment.
Increase ; decrease +.

S126

QUARTERLY BULLETIN September 1999

SA RESERVE BANK

NATIONAL DISPOSABLE INCOME, SAVING AND NET BORROWING


At current prices
R millions

1991

1992

1993

1994

1995

1996

1997

1998

Compensation of employees ......................................... (6000J)

171 441

195 097

218 158

242 165

274 664

305 593

335 303

366 645

less Net compensation to non-residents...................... (6210J)

1 925

1 845

1 791

1 749

1 757

1 896

1 920

1 796

Compensation of residents..................................... (6240J)

169 516

193 252

216 367

240 416

272 907

303 697

333 383

364 849

Net operating surplus1 ............................................... (6001J)


Consumption of fixed capital2 .................................... (6002J)

78 351
50 251

90 080
54 227

108 603
58 575

126 461
64 500

145 700
71 827

169 188
78 923

189 811
87 155

200 848
94 652

Gross operating surplus ................................................ (6212J)

128 602

144 307

167 178

190 961

217 527

248 111

276 966

295 500

less Net property income to the rest of the world......... (6213J)

6 934

6 556

6 909

6 851

8 670

11 483

12 875

14 884

Gross national operating surplus .......................... (6214J)

121 668

137 751

160 269

184 110

208 857

236 628

264 091

280 616

Gross national income at factor cost.................... (6020J)

291 184

331 003

376 637

424 528

481 762

540 326

597 471

645 451

Taxes on production and imports .................................. (6004J)

36 301

40 643

50 249

57 990

64 161

69 829

76 004

83 276

less Subsidies ............................................................. (6005J)

4 364

7 820

9 453

8 998

8 250

8 592

8 058

7 594

Gross national income at market prices .............. (6016J)

323 121

363 826

417 433

473 520

537 673

601 563

665 417

721 133

Net current transfers from the rest of the world.............. (6017J)

-1 416

-1 043

-2 093

-2 159

-2 341

-3 204

-3 329

-4 078

less Residual item adjustment ..................................... (6011J)

-15 942

-10 151

-5 677

-6 081

1 304

-3 234

-3 279

-396

Gross national disposable income ........................ (6018J)

337 647

372 934

421 017

477 442

534 028

601 593

665 367

717 451

less Final consumption expenditure............................. (6620J)

275 979

312 447

350 943

396 044

443 461

504 737

565 978

613 454

Gross saving .............................................................. (6203J)

61 668

60 487

70 074

81 398

90 567

96 858

99 390

103 998

Net capital transfers from the rest of the world............... (6670J)

-100

-119

-189

-237

-144

-204

-891

-309

less Gross capital formation ........................................ (6180J)

55 424

54 936

65 206

81 060

98 559

104 984

109 817

115 628

Net lending (+) / borrowing (-)................................. (6672J)

6 144

5 432

4 679

101

-8 136

-8 330

-11 318

-11 939

KB628
1.
2.

After consumption of fixed capital and after inventory valuation adjustment.


At replacement value.

NATIONAL INCOME AND SAVING


Selected items
R millions
1997

1998

1999

03

04

1997

01

02

03

04

1998

01

02

Gross national income at market prices ......................

(6016K)

170 204

174 526

665 417

172 293

179 041

183 479

186 320

721 133

185 201

192 421

Real gross national income (at 1995 prices) ................

(6016C)

142 812

145 631

572 398

142 495

143 958

143 561

145 290

575 304

142 255

143 956

Gross saving...............................................................

(6203K)

26 341

26 740

99 390

25 363

31 204

21 474

25 957

103 998

28 365

30 591

Gross national income at market prices ......................

(6016L)

670 284

684 215

665 417

706 280

722 720

723 710

731 821

721 133

757 637

778 041

Real gross national income (at 1995 prices). ...............

(6016D)

572 382

573 023

572 398

576 679

577 382

574 147

576 016

575 304

574 838

579 422

Gross saving...............................................................

(6203L)

100 392

101 750

99 390

109 349

111 309

98 972

96 366

103 998

111 611

119 853

Seasonally adjusted annualised rates

KB634

QUARTERLY BULLETIN September 1999

S127

SA RESERVE BANK

ACCOUNT WITH THE REST OF THE WORLD


At current prices
R millions

Period

1979 ......................................
1980 ......................................
1981 ......................................
1982 ......................................
1983 ......................................
1984 ......................................
1985 ......................................
1986 ......................................
1987 ......................................
1988 ......................................
1989 ......................................
1990 ......................................
1991 ......................................
1992 ......................................
1993 ......................................
1994 ......................................
1995 ......................................
1996 ......................................
1997 ......................................
1998 ......................................

Exports
of
services

Primary
income
from the
rest of
the world

Total
exports
of goods
and
services

Imports of
goods
(f.o.b.)

(6608J)

(6609J)

(6612J)

(6616J)

14 483
19 715
18 124
18 782
20 030
24 468
35 204
40 641
43 430
51 826
57 524
60 912
65 734
69 837
80 877
93 537
109 117
130 206
143 830
160 961

1 987
2 300
2 564
3 081
2 955
3 547
4 494
4 867
5 197
6 064
8 497
9 646
8 803
9 562
10 701
13 307
16 750
21 589
24 585
29 125

16 950
22 462
21 165
22 376
23 719
29 073
41 913
48 223
51 386
60 710
69 066
72 103
76 951
82 048
93 864
110 298
129 995
156 458
174 428
197 342

Exports
of
goods
(f.o.b.)

480
447
477
513
734
1 058
2 215
2 715
2 759
2 820
3 045
1 545
2 414
2 649
2 286
3 454
4 128
4 663
6 013
7 256

Imports of
services

Primary
income
to the
rest of
the world

Total
imports
of goods
and
services

(6610J)

(6611J)

(6613J)

(6617J)

9 852
14 288
18 253
18 042
15 894
21 481
23 228
25 826
28 606
39 408
44 266
43 408
47 466
51 976
60 512
77 675
99 425
118 659
133 061
150 751

2 117
2 720
3 628
3 911
3 700
4 450
5 318
6 413
6 581
7 619
9 183
10 969
10 552
12 428
15 405
18 072
21 666
24 681
27 658
30 208

2 624
3 186
3 791
4 106
4 692
5 713
8 201
9 725
9 452
10 392
12 355
13 074
11 273
11 050
10 986
12 054
14 555
18 042
20 808
23 936

14 593
20 194
25 672
26 059
24 286
31 644
36 747
41 964
44 639
57 419
65 804
67 451
69 291
75 454
86 903
107 801
135 646
161 382
181 527
204 895

Transfers
(net
receipts)

Balance
on
current
account

Net capital
inflow from
the rest of
the world

Change in
gold and
other
foreign
reserves1

(6680J)

(6260J)

(6204J)

(6205J)

-2 488
-1 968
3 169
4 474
1 504
1 628
-6 444
-7 481
-4 823
-5 063
-2 078
-4 445
-3 174
-4 179
-6 355
2 137
11 270
3 017
29 378
12 142

-16
-586
1 007
-917
-1 076
889
1 236
1 153
-1 885
1 680
-1 389
-877
-3 070
-1 372
1 487
-2 475
-3 278
5 109
-18 951
-512

-4
113
70
-202
-226
-353
-388
-426
-576
-523
-512
-799
-1 416
-1 043
-2 093
-2 159
-2 341
-3 204
-3 329
-4 078

2 504
2 554
-4 176
-3 557
-428
-2 517
5 208
6 328
6 708
3 383
3 467
5 324
6 241
5 552
4 868
336
-7 989
-8 128
-10 426
-11 630

KB637
1. Increase -, decrease +.

S128

QUARTERLY BULLETIN September 1999

SA RESERVE BANK

CURRENT INCOME AND EXPENDITURE OF INCORPORATED BUSINESS ENTERPRISES


At current prices
R millions

1991

1992

1993

1994

1995

1996

1997

1998

Net operating surplus1 ..................................................... (6220J)

36 987

39 790

58 221

64 332

78 890

92 955

99 345

97 947

Income received from property ........................................ (6221J)

63 526

64 163

60 678

66 255

84 561

100 278

119 113

147 038

Interest ........................................................................ (6222J)

54 582

57 967

55 247

61 790

78 296

93 120

110 901

138 029

Dividends..................................................................... (6223J)

8 528

5 750

4 891

3 914

5 651

6 474

7 485

8 206

Rent............................................................................. (6224J)

416

446

540

551

614

684

727

803

Total income1 ............................................................... (6225J)

100 513

103 953

118 899

130 587

163 451

193 233

218 458

244 985

Income from property paid............................................... (6226J)

70 661

72 241

78 119

78 684

110 972

128 781

154 746

182 265

Interest ........................................................................ (6227J)

59 220

61 189

61 250

64 923

86 598

106 734

128 932

152 974

Dividends..................................................................... (6228J)

9 789

9 463

15 183

12 025

22 636

20 225

23 862

27 260

Rent............................................................................. (6229J)

1 652

1 589

1 686

1 736

1 738

1 822

1 952

2 031

Current taxes on income and wealth ................................ (6230J)

13 547

10 963

12 579

14 565

15 759

22 146

24 024

29 686

Current transfers to households ....................................... (6231J)

187

239

266

305

400

449

503

588

Current transfers to general government .......................... (6232J)

228

183

198

185

585

622

699

784

Current transfers to the rest of the world .......................... (6233J)

33

44

81

98

79

114

35

30

Total expenditure ........................................................ (6234J)

84 656

83 670

91 243

93 837

127 795

152 112

180 007

213 353

Corporate saving1 ....................................................... (6201J)

15 857

20 283

27 656

36 750

35 656

41 121

38 451

31 632

KB629
1.

After consumption of fixed capital and after inventory valuation adjustment.

QUARTERLY BULLETIN September 1999

S129

SA RESERVE BANK

CURRENT INCOME AND EXPENDITURE OF GENERAL GOVERNMENT


At current prices
R millions

1991

1992

1993

1994

1995

1996

1997

1998

Income from property1 .................................................. (6250J)

7 487

4 022

4 397

4 997

5 357

7 467

6 139

7 064

Taxes on production and imports ................................. (6690J)

36 301

40 643

50 249

57 990

64 161

69 829

76 004

83 276

Taxes on products.................................................... (6603J)


Other taxes on production ........................................ (6600J)

31 096
5 205

33 190
7 453

41 611
8 638

48 373
9 617

53 644
10 517

58 185
11 644

63 632
12 372

69 713
13 563

Current taxes on income and wealth............................. (6251J)

42 508

46 013

50 178

59 845

67 911

82 228

93 099

108 291

Current transfers receivable from households ............... (6252J)

316

254

278

258

814

868

975

1 093

Current transfers from incorporated business


enterprises.................................................................... (6232J)

228

183

198

185

585

622

699

784

Transfers from the rest of the world ............................. (6253J)

330

280

330

426

599

133

486

144

Current income2 ....................................................... (6254J)

87 170

91 395

105 630

123 701

139 427

161 147

177 402

200 652

Interest on public debt .................................................. (6255J)

15 040

19 021

22 157

26 631

32 551

39 152

41 455

46 534

Subsidies...................................................................... (6005J)

4 364

7 820

9 453

8 998

8 250

8 592

8 058

7 594

Subsidies on products .............................................. (6604J)


Other subsidies on production .................................. (6601J)

2 523
1 841

4 519
3 301

6 320
3 133

6 400
2 598

5 898
2 352

5 746
2 846

5 307
2 751

5 053
2 541

Current transfers to households .................................... (6257J)

10 534

15 214

14 660

17 357

18 452

21 004

22 389

22 385

Transfers to the rest of the world .................................. (6258J)

1 727

1 332

2 402

2 542

2 878

3 242

3 824

4 282

Disposable income................................................... (6693J)

55 505

48 008

56 958

68 173

77 296

89 157

101 676

119 857

Final consumption expenditure3 .................................... (6008J)

65 667

75 257

85 551

96 503

100 424

119 457

134 906

148 694

Individual consumption expenditure .......................... (6605J)


Collective consumption expenditure ......................... (6606J)

27 914
37 753

34 109
41 148

38 905
46 646

43 084
53 419

45 423
55 001

50 707
68 750

63 253
71 653

69 097
79 597

Current expenditure ................................................ (6259J)

97 332

118 644

134 223

152 031

162 555

191 447

210 632

229 489

Saving2 ....................................................................... (6202J)

-10 162

-27 249

-28 593

-28 330

-23 128

-30 300

-33 230

-28 837

Disposable income ....................................................... (6693J)

55 505

48 008

56 958

68 173

77 296

89 157

101 676

119 857

less Social transfers in kind to households.................. (6695J)

27 914

34 109

38 905

43 084

45 423

50 707

63 253

69 097

Adjusted disposable income .................................. (6696J)

27 591

13 899

18 053

25 089

31 873

38 450

38 423

50 760

less Actual final consumption ..................................... (6697J)

37 753

41 148

46 646

53 419

55 001

68 750

71 653

79 597

Saving2 ....................................................................... (6202J)

-10 162

-27 249

-28 593

-28 330

-23 128

-30 300

-33 230

-28 837

Appropriation of disposable income

KB632

CURRENT INCOME AND EXPENDITURE OF GENERAL GOVERNMENT


Selected items
R millions
1997

1998

1999

03

04

1997

01

02

03

04

1998

01

02

Taxes on production and imports ................................................ (6690K)

20 030

20 220

76 004

20 368

19 634

21 674

21 600

83 276

22 285

20 462

Current taxes on income and wealth ........................................... (6251K)

24 483

25 782

93 099

29 117

21 495

25 893

31 786 108 291

31 978

23 520

Saving2 ........................................................................................ (6202K)

-11 161

135

-33 230

-8 484

-9 766

-12 637

2 050

-28 837

Taxes on production and imports ................................................ (6690L)

75 390

78 186

76 004

81 957

84 909

82 538

83 700

83 276

Current taxes on income and wealth ........................................... (2651L)

103 534

93 569

93 099 108 725

Saving2 ........................................................................................ (6202L)

-34 971

-31 636

-9 450 -11 710

Seasonally adjusted annualised rates


89 674

88 493

89 043 121 126 114 270 108 291 125 254 101 202

-33 230 -29 844 -28 226

-31 731

-25 547

-28 837 -28 730 -28 346

KB633
1.
2.
3.

Income from property by general government consists of interest, dividend and rent receipts by general government and the surplusses/deficits of general government business enterprises.
After consumption of fixed capital and after inventory valuation adjustment.
Current expenditure on salaries and wages and on goods and other services of a non-capital nature by the service departments (not business enterprises) of general government. General government
includes central government, provincial governments, local authorities and extra-budgetary institutions.

S130

QUARTERLY BULLETIN September 1999

SA RESERVE BANK

CURRENT INCOME AND EXPENDITURE OF HOUSEHOLDS1


At current prices
R millions

1991

1992

1993

1994

1995

1996

1997

1998

Compensation of employees2 .......................................... (6240J)

169 516

193 252

216 367

240 416

272 907

303 697

333 383

364 849

Income from property3 .................................................... (6241J)

65 060

76 962

84 352

95 424

110 439

128 179

151 816

163 097

Current transfers from general government...................... (6257J)

10 534

15 214

14 660

17 357

18 452

21 004

22 389

22 385

Current transfers from incorporated business enterprises (6231J)

187

239

266

305

400

449

503

588

Transfers from the rest of the world ................................. (6243J)

18

69

86

83

110

101

155

190

Current income ........................................................... (6244J)

245 315

285 736

315 731

353 585

402 308

453 430

508 246

551 109

less Current taxes on income and wealth. ..................... (6245J)

28 961

35 050

37 599

45 280

52 152

60 082

69 075

78 605

less Current transfers to general government ................ (6252J)

316

254

278

258

814

868

975

1 093

less Transfers to the rest of the world............................ (6248J)

16

26

28

93

86

110

100

Disposable income4.................................................... (6246J)

216 034

250 416

277 828

308 019

349 249

392 394

438 086

471 311

Social transfers in kind receivable from


general government5 ....................................................... (6695J)

27 914

34 109

38 905

43 084

45 423

50 707

63 253

69 097

Adjusted disposable income..................................... (6249J)

243 948

284 525

316 733

351 103

394 672

443 101

501 339

540 408

less Actual final consumption ........................................ (6235J)


Final consumption expenditure by households ............ (6007J)
Individual consumption by general government5 .......... (6605J)

238 226
210 312
27 914

271 299
237 190
34 109

304 297
265 392
38 905

342 625
299 541
43 084

388 460
343 037
45 423

435 987
385 280
50 707

494 325
431 072
63 253

533 857
464 760
69 097

Saving4 .......................................................................... (6200J)

5 722

13 226

12 436

8 478

6 212

7 114

7 014

6 551

KB630

CURRENT INCOME AND EXPENDITURE OF HOUSEHOLDS1


Selected items
R millions

1997
03

Compensation of employees2....................................................... (6240K)

84 021

04

1998
1997

86 730 333 383

01

02

03

92 141

90 343

90 770

1999
04

1998

91 595 364 849

01

02

99 596

98 625

Disposable income4 ..................................................................... (6246K) 113 569 109 202 438 086 113 667 121 769 119 037 116 838 471 311 124 203 129 660
Saving4 ........................................................................................ (6200K)

5 930

-7 869

7 014

4 973

8 601

2 221

-9 244

6 551

6 265

7 361

Seasonally adjusted annualised rates


Compensation of employees2....................................................... (6240L)

337 393 343 362 333 383 356 944 361 122 366 040 375 290 364 849 387 232 394 335

Disposable income4 ..................................................................... (6246L)

443 532 448 920 438 086 459 173 463 604 477 552 484 913 471 311 494 555 499 399

Saving4 ........................................................................................ (6200L)

8 544

4 933

7 014

8 360

6 909

6 066

4 871

6 551

5 914

6 715

KB631
1.
2.
3.
4.
5.

The data in this table refer to private households (including pension and provident funds and long-term insurance funds), non incorporated business enterprises and private non-profit institutions (e.g.
churches, welfare organisations and sport clubs) that render social and community services to households.
After adjustment for net compensation paid to non-residents.
Income from property consists of dividend receipts; interest receipts less interest payments; rent receipts less maintenance cost, mortgage interest and consumption of fixed capital; and the profits of
non-corporate business enterprises after consumption of fixed capital and after inventory valuation adjustment.
After consumption of fixed capital and after inventory valuation adjustment.
For example health and education.

QUARTERLY BULLETIN September 1999

S131

KEY INFORMATION

SA RESERVE BANK

NATIONAL ACCOUNTS
Percentage changes in selected data at constant 1995 prices1

Period

1982.................................................
1983.................................................
1984.................................................
1985.................................................
1986.................................................
1987.................................................
1988.................................................
1989.................................................
1990.................................................
1991.................................................
1992.................................................
1993.................................................
1994.................................................
1995.................................................
1996.................................................
1997.................................................
1998.................................................

Gross
domestic
product

Gross
value added
excluding
agriculture2

Gross
national
income

Gross
domestic
expenditure

Final
consumption expenditure by
households

Final
consumption
expenditure
by general
government

Gross
fixed
capital
formation

Exports
of goods
and
services

Imports
of goods
and
services

Disposable
income
of
households3

(6006Z)

(6626Z)

(6016Z)

(6012Z)

(6007Z)

(6008Z)

(6009Z)

(6013Z)

(6014Z)

(6246Z)

-0.4
-1.8
5.1
-1.2
0.0
2.1
4.2
2.4
-0.3
-1.0
-2.1
1.2
3.2
3.1
4.2
2.5
0.5

-0.3
-1.2
5.0
-1.2
-0.3
1.5
3.8
1.8
-0.4
-1.4
-0.8
0.5
2.7
4.2
3.3
2.4
0.7

-3.6
-1.8
6.8
-0.8
0.8
3.6
4.1
1.1
-1.5
-0.4
-2.4
1.4
3.5
2.9
3.9
2.5
0.5

-5.7
-5.6
9.1
-7.8
0.7
3.8
5.3
1.5
-1.6
-0.7
-1.9
1.6
5.3
4.3
4.0
2.4
0.5

2.1
3.0
4.6
-3.5
0.2
3.9
5.3
2.7
2.9
-0.5
-1.4
1.6
3.7
5.4
5.0
2.7
1.3

6.3
1.8
6.8
3.4
2.3
3.7
1.7
4.0
2.3
2.3
1.9
1.2
0.8
-6.0
6.4
3.3
0.5

-2.1
-3.5
-1.5
-7.0
-18.6
-5.1
12.6
6.5
-2.3
-7.4
-5.3
-0.6
8.2
10.7
7.5
5.2
4.8

-0.7
-2.6
4.1
8.9
-3.8
-1.8
9.8
5.4
1.7
-0.1
2.5
4.8
4.3
10.4
9.3
5.5
2.3

(6007S)

(6008S)

(6009S)

(6013S)

-17.4
-16.1
19.8
-14.0
-2.5
3.5
21.9
0.3
-5.8
2.1
5.3
8.1
16.1
16.9
8.7
5.4
2.1

1.8
3.0
7.2
-1.2
-3.1
5.5
4.4
2.2
0.4
0.4
-0.5
0.8
1.8
4.3
5.0
2.6
1.1

KB808

Seasonally adjusted, annualised rates

(6006S)

(6626S)

(6016S)

(6012S)

(6014S)

(6246S)

1994: 03...........................................
04 ...........................................

4.6
6.8

4.2
5.6

3.7
6.6

7.4
1.1

4.4
5.0

-1.8
-4.4

11.5
16.0

26.5
48.1

46.9
16.4

5.4
4.2

1995: 01...........................................
02 ...........................................
03 ...........................................
04 ...........................................

1.5
1.8
1.7
1.6

4.0
4.7
3.1
1.6

1.4
-0.3
3.8
0.3

10.1
3.0
-5.4
4.7

6.6
5.3
5.8
4.8

-9.7
-8.5
-6.8
-0.8

9.5
16.7
2.0
1.7

-10.1
-6.7
56.7
-8.5

30.5
-1.4
15.4
3.8

6.4
1.6
8.1
3.1

1996: 01...........................................
02 ...........................................
03 ...........................................
04 ...........................................

5.5
7.4
4.3
3.6

3.1
4.7
3.5
3.6

7.4
7.3
3.4
1.6

4.9
14.0
-2.4
3.1

5.2
5.5
4.0
3.0

5.4
18.9
17.5
19.3

12.9
10.9
4.7
2.3

10.7
-11.8
61.9
-12.9

7.8
14.1
23.6
-15.8

9.7
1.1
5.5
1.1

1997: 01...........................................
02 ...........................................
03 ...........................................
04 ...........................................

0.9
2.2
1.1
1.2

1.7
2.5
0.6
0.6

1.0
4.5
-1.6
0.4

4.9
1.0
-0.5
0.3

2.9
2.0
1.8
0.6

-4.8
-5.2
-4.9
-3.4

8.6
4.9
3.5
1.3

-13.3
10.1
38.3
6.8

1.9
4.8
31.4
3.5

3.3
4.1
1.7
-2.8

1998: 01...........................................
02 ...........................................
03 ...........................................
04 ...........................................

0.9
0.7
-2.3
0.2

1.3
0.9
-1.4
0.2

2.6
0.5
-2.2
1.3

-1.9
1.3
5.2
0.4

2.1
1.1
0.8
0.1

4.2
3.5
2.9
2.2

3.0
8.5
10.1
4.7

-2.6
-8.9
-7.8
-1.5

-13.1
-7.7
25.2
-0.8

5.3
-0.2
-0.1
-1.0

1999: 01...........................................
02 ...........................................

0.6
1.7

0.8
1.1

-0.8
3.2

-11.3
5.8

-1.0
-0.1

-1.1
-1.1

-24.4
-9.3

8.0
-13.2

-36.1
1.4

-0.6
0.5

KB809
1.
2.
3.

Compared with preceding period. Quarterly changes reflect annual rates based on seasonally adjusted data.
At basic prices.
See footnote 1 of Table KB630.

S146

QUARTERLY BULLETIN September 1999

KEY INFORMATION

SA RESERVE BANK

NATIONAL ACCOUNTS
Selected data

Current

At constant 1995 prices


Percentage change

Period

1961 .....................................
1962 .....................................
1963 .....................................
1964 .....................................
1965 .....................................
1966 .....................................
1967 .....................................
1968 .....................................
1969 .....................................
1970 .....................................
1971 .....................................
1972 .....................................
1973 .....................................
1974 .....................................
1975 .....................................
1976 .....................................
1977 .....................................
1978 .....................................
1979 .....................................
1980 .....................................
1981 .....................................
1982 .....................................
1983 .....................................
1984 .....................................
1985 .....................................
1986 .....................................
1987 .....................................
1988 .....................................
1989 .....................................
1990 .....................................
1991 .....................................
1992 .....................................
1993 .....................................
1994 .....................................
1995 .....................................
1996 .....................................
1997 .....................................
1998 .....................................

Gross
domestic
product
per
capita

Gross
national
income
per
capita

Disposable
income
per capita
of
households1

Gross
domestic
product
per
capita

Gross
national
income
per
capita

Disposable
income
per capita
of
households1

Rand

Rand

Rand

Rand

Rand

Rand

(6270J)

(6271J)

(6272J)

(6270Y)

(6271Y)

(6272Y)

315
327
352
377
401
425
461
486
533
569
614
676
816
981
1 079
1 191
1 292
1 450
1 693
2 205
2 494
2 766
3 094
3 545
4 002
4 583
5 244
6 164
7 247
8 172
9 171
10 062
11 273
12 480
13 884
15 243
16 499
17 512

299
313
339
362
384
408
444
466
511
546
591
650
786
943
1 030
1 135
1 229
1 381
1 616
2 109
2 380
2 646
2 964
3 396
3 814
4 368
5 044
5 942
6 979
7 847
8 926
9 835
11 043
12 258
13 620
14 912
16 140
17 116

251
262
270
279
293
314
333
362
382
412
475
519
558
649
734
787
901
942
1 099
1 342
1 499
1 710
1 937
2 275
2 588
2 844
3 351
3 956
4 598
5 268
5 968
6 769
7 350
7 973
8 847
9 727
10 626
11 187

10 993
11 363
11 879
12 474
12 877
13 078
13 639
13 827
14 089
14 430
14 686
14 570
14 872
15 420
15 332
15 324
14 948
15 025
15 240
15 889
16 347
15 914
15 267
15 689
15 162
14 834
14 825
15 128
15 167
14 806
14 357
13 749
13 621
13 759
13 884
14 150
14 193
13 965

9 696
9 987
10 222
10 756
10 852
11 145
11 804
12 175
12 430
12 430
12 944
13 369
14 748
15 867
15 179
14 684
14 499
14 710
15 233
16 469
16 206
15 260
14 640
15 283
14 835
14 623
14 833
15 117
14 964
14 432
14 078
13 451
13 346
13 521
13 620
13 847
13 884
13 655

6 642
6 815
6 858
6 908
6 958
7 250
7 375
7 814
7 820
8 014
8 587
8 837
8 815
9 086
9 395
8 904
9 188
8 751
9 127
9 690
9 217
9 167
9 233
9 677
9 354
8 865
9 151
9 357
9 364
9 210
9 063
8 821
8 700
8 664
8 845
9 090
9 123
9 027

Gross
domestic
product
per
capita

(6270Z)

1.1
3.4
4.5
5.0
3.2
1.6
4.3
1.4
1.9
2.4
1.8
-0.8
2.1
3.7
-0.6
-0.0
-2.5
0.5
1.4
4.3
2.9
-2.7
-4.1
2.8
-3.4
-2.2
-0.1
2.0
0.3
-2.4
-3.0
-4.2
-0.9
1.0
0.9
1.9
0.3
-1.6

Gross
national
income
per
capita

(6271Z)

-3.4
3.0
2.4
5.2
0.9
2.7
5.9
3.1
2.1
0.0
4.1
3.3
10.3
7.6
-4.3
-3.3
-1.3
1.5
3.6
8.1
-1.6
-5.8
-4.1
4.4
-2.9
-1.4
1.4
1.9
-1.0
-3.6
-2.5
-4.4
-0.8
1.3
0.7
1.7
0.3
-1.6

Disposable
income
per capita
of
households1

(6272Z)

5.8
2.6
0.6
0.7
0.7
4.2
1.7
6.0
0.1
2.5
7.1
2.9
-0.2
3.1
3.4
-5.2
3.2
-4.8
4.3
6.2
-4.9
-0.5
0.7
4.8
-3.3
-5.2
3.2
2.3
0.1
-1.6
-1.6
-2.7
-1.4
-0.4
2.1
2.8
0.4
-1.1

Average
capital
output
ratio

Average
output
labour
ratio2

Average
capital
labour
ratio2

Rand

Rand

Rand

(6273Y)

(6274Y)

(6275Y)

...
...
...
...
...
...
...
...
...
36 692
37 916
38 228
39 433
40 997
41 267
42 069
41 658
41 545
41 727
43 630
43 551
41 879
39 546
40 202
38 708
37 843
37 574
38 115
38 171
37 026
35 804
34 253
33 982
34 241
34 505
35 138
35 207
34 650

...
...
...
...
...
...
...
...
...
58 635
62 111
65 858
69 910
73 746
77 755
82 339
85 982
87 071
87 458
90 123
90 260
91 965
92 455
92 456
92 030
91 408
90 462
88 907
88 153
87 606
86 667
85 398
85 684
84 283
83 338
82 708
82 211
81 903

1.65
1.61
1.56
1.53
1.54
1.57
1.57
1.58
1.58
1.60
1.64
1.72
1.77
1.80
1.88
1.96
2.06
2.10
2.10
2.07
2.07
2.20
2.34
2.30
2.38
2.42
2.41
2.33
2.31
2.37
2.42
2.49
2.52
2.46
2.42
2.35
2.34
2.36

KB810
1.
2.

See footnote 1 of Table KB630.


Derived from mid-year estimates of the economically active population.

QUARTERLY BULLETIN September 1999

S147

KEY INFORMATION

SA RESERVE BANK

NATIONAL ACCOUNTS
Ratios of selected data
At current prices

Period

1984 ....................................
1985 ....................................
1986 ....................................
1987 ....................................
1988 ....................................
1989 ....................................
1990 ....................................
1991 ....................................
1992 ....................................
1993 ....................................
1994 ....................................
1995 ....................................
1996 ....................................
1997 ....................................
1998 ....................................

Final
consumption
expenditure
by households
to GDP1

Final
consumption
expenditure
by general
government
to GDP1

Gross
fixed capital
formation
to GDP1

Public
sector
expenditure3
to GDP1

Industrial and
commercial
inventories
to GDP4

Compensation
of
employees to
GDP2

(6280J)

(6281J)

(6282J)

(6283J)

(6284J)

(6295J)

60.6
58.0
58.6
59.8
60.1
59.3
62.8
63.4
63.7
62.3
62.1
62.6
62.7
63.4
63.0

17.6
18.2
18.8
19.2
18.5
19.2
19.7
19.8
20.2
20.1
20.0
18.3
19.4
19.8
20.2

24.0
22.8
19.6
17.8
19.4
20.2
19.1
17.2
15.7
14.7
15.2
15.9
16.2
16.4
16.5

27.4
28.1
27.4
25.9
25.5
27.2
25.7
25.7
25.5
24.4
23.8
22.6
23.7
24.4
25.8

22.6
21.9
20.4
19.1
19.0
19.0
17.7
16.7
16.0
14.5
14.9
16.0
16.2
15.2
13.7

58.8
57.1
56.6
56.8
56.0
56.3
57.2
57.1
57.5
56.6
55.9
55.8
55.2
54.8
55.4

Gross
saving to
GDP1

Saving to
disposable
income
of households

Household
debt to
disposable
income
of households5

(6286J)

(6287J)

(6525J)

22.5
24.6
23.2
21.7
22.6
22.4
19.1
18.6
16.3
16.4
16.9
16.5
15.8
14.6
14.1

5.5
10.3
5.5
6.4
6.3
6.5
2.7
2.6
5.3
4.5
2.8
1.8
1.8
1.6
1.4

51.3
51.0
48.9
45.4
47.4
49.7
52.2
52.9
50.8
52.0
54.4
57.4
60.5
61.2
60.7

KB811

Seasonally adjusted, at annual rates


(6280L)

(6281L)

(6282L)

(6283L)

(6284L)

(6295L)

(6286L)

(6287L)

(6525L)

1994: 03 ..............................
04 ..............................

63.2
62.8

20.3
19.6

15.5
15.5

24.0
23.4

15.2
15.2

55.9
56.1

15.8
17.2

2.5
2.3

54.7
54.9

1995: 01 ..............................
02 ..............................
03 ..............................
04 ..............................

62.6
62.8
62.4
62.5

18.9
18.3
18.1
18.0

15.6
16.1
16.0
15.8

22.8
23.3
22.6
21.6

15.6
15.9
16.2
16.5

56.0
55.9
55.7
55.6

16.6
15.6
17.5
16.3

2.3
1.4
1.9
1.5

55.4
57.0
57.7
59.4

1996: 01 ..............................
02 ..............................
03 ..............................
04 ..............................

62.1
61.7
63.0
63.8

18.1
18.7
19.9
20.9

15.9
16.1
16.3
16.4

22.1
23.1
24.4
25.3

16.2
16.3
16.3
15.9

55.4
54.9
55.3
55.2

17.4
16.4
15.7
13.6

2.5
1.5
1.9
1.4

59.4
60.9
60.9
60.9

1997: 01 ..............................
02 ..............................
03 ..............................
04 ..............................

63.8
63.1
63.3
63.3

20.5
19.9
19.6
19.4

16.5
16.4
16.4
16.2

25.7
24.7
23.4
23.7

15.7
15.2
15.1
14.9

55.1
54.7
54.7
54.6

14.5
14.8
14.6
14.5

1.4
1.9
1.9
1.1

61.1
60.8
60.6
62.2

1998: 01 ..............................
02 ..............................
03 ..............................
04 ..............................

62.4
61.8
63.6
64.0

19.6
19.9
20.3
20.8

16.0
16.1
16.8
17.2

24.4
25.3
26.4
27.0

14.1
13.7
13.6
13.5

55.5
54.9
55.2
55.9

15.1
15.1
13.4
12.9

1.8
1.5
1.3
1.0

60.8
61.6
60.3
60.2

1999: 01 ..............................
02 ..............................

62.9
62.0

20.4
20.2

15.5
15.0

24.9
24.9

12.9
12.7

56.1
55.5

14.4
15.1

1.2
1.3

59.0
59.6

KB812
1.
2.
3.
4.
5.

Gross domestic product at market prices.


Gross domestic product at factor cost.
Final consumption expenditure by general government plus gross capital formation by public authorities and public corporations.
Gross domestic product excluding agriculture at market prices.
See footnote 1 of Table KB630.

S148

QUARTERLY BULLETIN September 1999

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