Housing How many houses did the South African government provide in the last complete five-year term? Source National Department of Human Settlements: Presentation to Portfolio Committee for Human Settlements (22 February 2023) Short answer How many houses did the South African government provide in the last complete five-year term? From 1994 to the end of February 2022, the human settlements sector provided over 3.4 million housing units made up of stand-alone houses and units in multiple storey or multi-unit buildings. According to the human settlements department’s 2019/20 annual report, it provided 76,571 serviced sites a... Back Full answer
Housing Is there any data available on housing affordability in Africa? Source The Centre for Affordable Housing Finance in Africa (CAHF): Housing Finance in Africa Yearbook 2022 Short answer Is there any data available on housing affordability in Africa? Housing affordability is based on three things: household income, the price of the house, and the terms of the finance. Across Africa, a combination of low urban household incomes, high mortgage interest rates and a lack of access to finance, results in very low housing affordability. In 2022, th... Back Full answer
Housing Which countries have the largest housing shortages in Africa? Source The Centre for Affordable Housing Finance in Africa (CAHF): Housing Finance in Africa Yearbook 2022 Short answer Which countries have the largest housing shortages in Africa? African cities become new homes to over 40,000 people a day. According to the latest statistics from the CAHF, Africa faces a shortfall of at least 51 million housing units. Nigeria has a housing deficit of 28 million units, the Democratic Republic of Congo has a deficit estimated at 3.9 million (or... Back Full answer
Economy Agriculture How much does agriculture contribute to Nigeria’s GDP? Source Nigerian Gross Domestic Product Report Q1 2023 (Nigeria National Bureau of Statistics) Short answer How much does agriculture contribute to Nigeria’s GDP? Agriculture contributed 19.63% to nominal GDP in the first quarter of 2023. This figure was lower than the share recorded in the first quarter of 2022 and in the fourth quarter of 2022 which were 21.09% and 24.90% respectively. However, the sector contributed 21.66% of total GDP in real terms in the... Back Full answer
#YouAsked Economy What was South Africa’s gini coefficient in 2020? Source The World Bank: Inequality in Southern Africa: An Assessment of the Southern African Customs Union Short answer What was South Africa’s gini coefficient in 2020? The Gini coefficient is a globally used measure of inequality, between individuals or households within an economy. The coefficient ranges from 0 to 1, with 0 representing perfect equality (all individuals have the same income) and 1 representing perfect inequality (where one person has all the inco... Back Full answer
#YouAsked Economy What is South Africa’s Gini coefficient? Source The World Bank: Inequality in Southern Africa: An Assessment of the Southern African Customs Union Short answer What is South Africa’s Gini coefficient? The Gini coefficient is a globally used measure of inequality, among individuals or households within an economy. The coefficient ranges from 0 to 1, where 0 represents perfect equality (all individuals have the same income) and 1 indicates perfect inequality (where one person has all the income and... Back Full answer
#YouAsked Economy Did the Kenyan economy grow over the pandemic period? Source World Bank: Kenya’s Economy is Showing Resilience as Output Rises Above Pre-Pandemic Levels Driven by a Rebound in the Services Sector Short answer Did the Kenyan economy grow over the pandemic period? Kenya's economy has demonstrated resilience to the Covid-19 shock, with output in the first half of 2021 rising above pre-pandemic levels. In 2021 as a whole, gross domestic product (GDP) grew by 5%, one of the faster recoveries among Sub-Saharan African countries. ... Back Full answer
Economy What is the average household income in South Africa? Source StatsSA: Quarterly employment statistics (QES) June 2022 Short answer What is the average household income in South Africa? Statistics South Africa has published the latest Quarterly Employment Survey (QES) for the second quarter of 2022, showing what workers are getting paid across the various sectors in the country. These figures include the payment of bonuses and overtime. The formal non-agricultural sector saw a q... Back Full answer
Economy What is South Africa’s GDP per capita? Source The World Bank: GDP per capita (current US$) - South Africa Short answer What is South Africa’s GDP per capita? After two consecutive quarters of positive growth, real gross domestic product (GDP) decreased by 0.7% in the second quarter of 2022. The country's GDP per capita (nominal gross domestic product divided by the mid-year population) was US$6,994 in 2021. ... Back Full answer