SA’s national accounts were last rebased and benchmarked in 2014 (for years up to 2013). The next rebasing (from the current 2010 base year to 2015) should have been done in 2019, was rescheduled to 2020, but was deferred due to the unusual circumstances of the year. 

Publication of the 2018 supply and use tables was also deferred, and the March 2020 and March 2021 GDP estimates did not include the usual adjustments for prior years based on independent annual estimates. Stats SA indicated in March that rebased and benchmarked GDP estimates would be published by the end of May 2021 and that the June GDP estimates (for the first quarter of 2021) and the June Reserve Bank Quarterly Bulletin would be compiled on the revised basis. ..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.