Economy of Gauteng
The Gauteng Province's total GDP for 2010 was R811 billion, making the province the single largest contributor to South Africa's GDP with a contribution of 33.8%, despite having only 1.4% of South Africa's land area. Gauteng also generates approximately 10% of the entire African continent's GDP. Gauteng's Gini coefficient of 0.62 makes it more equal than South Africa (the Gini coefficient of which is 0.63 (2014)) as a whole, although this is still a very high figure by international standards. The cities Johannesburg, Midrand and Pretoria, which are all economic powerhouses, and Vanderbijlpark, which is an industrial powerhouse, are all in Gauteng.
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Economy of Gauteng
The Gauteng Province's total GDP for 2010 was R811 billion, making the province the single largest contributor to South Africa's GDP with a contribution of 33.8%, despite having only 1.4% of South Africa's land area. Gauteng also generates approximately 10% of the entire African continent's GDP. Gauteng's Gini coefficient of 0.62 makes it more equal than South Africa (the Gini coefficient of which is 0.63 (2014)) as a whole, although this is still a very high figure by international standards. The cities Johannesburg, Midrand and Pretoria, which are all economic powerhouses, and Vanderbijlpark, which is an industrial powerhouse, are all in Gauteng.
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The Gauteng Province's total G ...... t Porsche Centre in the world.
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Gauteng's GDP contribution compared to other South African provinces.
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Main sectors as a proportion of GDP in 2010/11.
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country
Gauteng Province
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currency
South African Rand
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expenses
R76.9 billion
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gdp
R 811 billion
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gdp growth
Gini
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Agriculture, forestry and fishing
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Construction
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labor
Other
Other
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no
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revenue
R261 billion
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right
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unemployment
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no
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The Gauteng Province's total G ...... owerhouse, are all in Gauteng.
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Economy of Gauteng
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