Population growth was 1.5% to 1.6% a year, but the economy could not grow faster than 2%, according to an expert.
Dawie Roodt, chief economist at the Efficient Group, said there could have been an undercount and there might be more people in the country – many of them illegal immigrants from the rest of Africa.
“The underlying growth for the economy is 2% or less,” he said. “It is very clear, on a capital basis, we will not get richer.” Dr Azar Jammine, Econometrix chief economist, said economic growth was expected to be between 2% and 2.5% but the population was already more than 1% bigger than last year.“Even if the economy grows by 2% and the population grows by more than 1%, on average, people’s living standards will have hardly grown at all,” he said.
“We do not collect data on their migratory status. So whether they are documented or undocumented, refugees or asylum seekers, have a permit or not, we do not collect that,” he said.
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