Statistics South Africa’s data reveals minimal growth in capital stock and declining investment in the South African economy since 2010. This trend varies significantly across industries. While the capital stock has grown rapidly in the electricity and water sector, it has declined sharply in business services. Capital expenditure has decreased across several industries, particularly in electricity and water, mining and quarrying, and business services. Notably, there are significant discrepancies between industry capital stock and investment estimates provided by the SARB and Statistics South Africa. For more details, refer to this earlier post.
