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Government and the economy

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Question 7

Figure 3b shows the annual economic growth rate of South Africa, 2016–2021 (estimated).

Figure 3b: South Africa's Economic Growth rate, 2016–2021

YearEconomic Growth (%)
20160.6
20171.4
20180.8
20190.1
2020-6.4
2021 (estimated)4.9

Explain the relationship between real Gross Domestic Product (GDP) and economic growth.

[3]

Government and the economy Questions

  1. IGCSE
  2. /Economics
  3. /Government and the economy