The City of Johannesburg (COJ) Economic Overview: 2013 a Review of the State of the Economy and Other Key Indicators

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The City of Johannesburg (COJ) Economic Overview: 2013 a Review of the State of the Economy and Other Key Indicators City of Johannesburg Economic Overview: 2013 THE CITY OF JOHANNESBURG (COJ) ECONOMIC OVERVIEW: 2013 A Review of the State of the Economy and other Key Indicators Prepared by The Human Sciences Research Council (HSRC) Economic Performance and Development Programme (EPD) April 2014 City of Johannesburg Economic Overview: 2013 i Contents List of Tables ...................................................................................................................................................viii List of Figures ......................................................................................................................................................x Executive Summary ................................................................................................................................................xiii i. Background ....................................................................................................................................................xiii ii. Design and Methodology of the Project ............................................................................................................xiii iii. Key Findings ....................................................................................................................................................xiii i. Economic Performance and Unemployment ............................................................................................xiii ii. The Cost of Living ...................................................................................................................................xiv iii. The Cost of Doing Business .....................................................................................................................xiv iv. Demographics ........................................................................................................................................xiv v. Service Delivery: Household Infrastructure ..............................................................................................xiv vi. Labour Dynamics .................................................................................................................................... xv vii. Household Income and Expenditure ........................................................................................................xvi viii. Tourism in the City of Johannesburg .......................................................................................................xvi ix. Crime ....................................................................................................................................................xvi Acronyms .................................................................................................................................................xviii 1. Chapter one: Introduction ...............................................................................................................................1 1.1. Overview ..................................................................................................................................................1 1.2 Design and Methodology .........................................................................................................................1 1.3. National and Global Economic Perspective ................................................................................................1 1.4. Economic Sectors Output Contributions ...................................................................................................4 1.5. Analysis of Key Economic Variables ...........................................................................................................4 1.5.1. Cost of Living .................................................................................................................................5 ii City of Johannesburg Economic Overview: 2013 1.5.2. Inflation .........................................................................................................................................6 1.5.3. Consumer Confidence ....................................................................................................................8 1.5.4 Cost of Doing Business ....................................................................................................................8 1.5.5 Commuter Pain Index ....................................................................................................................11 1.5.6 Business Confidence Index .............................................................................................................12 2. Chapter two: City of Johannesburg Economic Overview ...........................................................................14 2.1. Analysis of Economic Output ..................................................................................................................14 2.2. Growth Performance at Metro level ........................................................................................................15 2.3. Regional Growth Performance at the City Level ......................................................................................18 2.4. Performance of Metros in the National Economy ....................................................................................18 2.5. Sectoral Economic Performance ..............................................................................................................19 2.6. Economic Concentration and Comparative Advantage ...........................................................................21 2.6.1. Tress Index ....................................................................................................................................21 2.7. The Economic Structure of the City .........................................................................................................22 2.7.1. Location Quotient ........................................................................................................................22 3 Chapter Three: Total Population ...................................................................................................................25 3.1. Total Population by Metro .......................................................................................................................25 3.2. Total Population by CoJ Regions .............................................................................................................25 3.3. Share of Population ................................................................................................................................26 3.3.1. Share of Population by Population Group .....................................................................................26 3.4. Population Growth Rate .........................................................................................................................27 3.4.1. Population Growth Rate by Metro ................................................................................................27 3.5. HIV/Aids profile ......................................................................................................................................28 3.5.1. HIV Estimates by Metros ...............................................................................................................28 3.6. HIV Estimates by Region .........................................................................................................................28 3.6.1. Aids Deaths Estimates by Metro ...................................................................................................29 3.6.2. Aids Deaths Estimates by Region ..................................................................................................30 City of Johannesburg Economic Overview: 2013 iii 3.7. Development Indicators ..........................................................................................................................30 3.7.1. Human Development ...................................................................................................................30 3.7.2. Human Development Index (HDI) by Metro ...................................................................................30 3.7.3. HDI: CoJ regions ...........................................................................................................................31 3.7.4. Inequality .....................................................................................................................................32 3.7.5. Gini Coefficient by Metro .............................................................................................................32 3.7.6. Gini Coefficient by Region ............................................................................................................32 3.8. Poverty ...................................................................................................................................................33 3.8.1. Percentage of People Living in Poverty ..........................................................................................33 3.8.2 Education .....................................................................................................................................34 3.8.3. Functional Illiteracy .......................................................................................................................35 3.8.4. Urbanisation
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