News World

South African economy grows to pre-pandemic levels: official

Developing economies' debt more than doubled over decade: World Bank
Source: Pixabay

South Africa’s gross domestic product grew by 1.9 percent in the first quarter, returning the continent’s most industrialised economy to pre-pandemic levels, official data showed Tuesday.

“The size of the economy is now at pre-pandemic levels, with real GDP slightly higher than what it was before the Covid-19 pandemic,” the statistics agency announced.

About the author

AFP

Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.







Daily Newsletter