The economic data report will be structured as follows: First a macro-economic overview taking a global perspective in terms of developed and emerging economies moving to South Africa and the North West province. Secondly subjects that have an impact on the economy and relevance to NWDC will be covered

According to Statista (2023) and Stats SA (2023), the South African economy is currently at $405.7 billion U.S. dollars in 2022 compared to Egypt at $475.2 billion U.S. dollars and Nigeria at $477.3 U.S. dollars.

AGRICULTURE: North West is the food basket of Southern Africa. More than 20% of RSA maize crop. Also livestock (cattle & poultry), sunflower seeds and oils; nuts; citrus, tobacco (all GMO free). MANUFACTURING: Automobile/ non-metallic minerals, fabricated metals, …

Much of the North West Province's growth is driven by its mineral wealth. The province has the advantage of being located in the heart of the subcontinent, with direct road and rail links to all the neighbouring countries. In terms of mineral production, the North West is the dominant South African province.

Overall, in 2021, North West’s real economic sectors accounted for 43% of the provincial output compared to the 27% national average. The higher proportion of the real economic sector to the provincial GDP is primarily driven by the dominance of …

Report number: Report 03-01-75 – Census 2022: Provincial Profile: North West 101 pp ISBN: 978-1-77997- 002-2 A complete set of Stats SA publications is available at Stats SA Library and the following libraries: National Library of South Africa, Pretoria Division National Library of South Africa, Cape Town Division Library of Parliament, Cape Town

In 2014 – the latest available data – the real economy (represented by agriculture, mining, manufacturing and construction) made up 39% of its output. The economy was dominated by mining, at 30% of the provincial economy, followed by manufacturing at 5%, agriculture at 2%, and construction at 2%.

The Department of Economic Development, Environment, Conservation and Tourism (DEDECT) has strengthened its monitoring and oversight mechanisms to intervene at the North West Parks and Tourism (NWPTB).

The economy of the North West is based on mining, with platinum, gold, and diamonds being the main minerals extracted in the region. The province is also home to a number of universities and other higher education institutions.

Nov 27, 2023 · Solar farms are springing up in North West and solar manufacturing may soon become a new subsectors of the region's economy. The location of the North West Province within South Africa and the African market makes it attractive to investors from both a national and continental perspective.