Budget Paper No. 1 - 2020-21 Budget

4. REVISED FORECAST - YEAR 2020. 4.1 Gross Domestic Product. GVA at current basic prices, which comprises the sum of value added of all industry groups, would reach R 379.1 billion compared to R 437.5 billion in 2019, representing a nominal decrease of 13.4%. In real terms, GVA at basic prices would decline by 15.2%. compared to the 3.2% growth ... ................
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