Metros in general have low growth rates this year; notable drop from 2016.Download as PNG
eThekwini’s tertiary sector (finance, business, government, etc.) is setting the pace of the country together with other metros and is growing faster than other sectors and represents the lion’s share of the economy.Download as PNG
Overall, eThekwini’s economic growth performance has been poor. EThekwini’s growth rate declined from 1.1% in 2016 to 0.4% in 2017, which is in line with other metros which have also experienced a drop in growth. EThekwini experienced a downward growth trend from 2012 to 2017 and picked up slightly in 2018 and 2019, however, is still lower than the South African and global economies. The primary, secondary and tertiary sectors all experienced low to negative growth between 2014 and 2016.
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