State of Cape Town Central City Report 2020

Page 14

SECTION

O2

OPEN FOR BUSINESS

CAPE TOWN IN CONTEXT

The Cape Town Central City is the traditional Central Business District of the metropole of Cape Town, situated in the Western Cape Province of South Africa. The information on these pages provides background to the context in which they each find themselves and provides a deeper understanding of downtown Cape Town.

GROSS DOMESTIC PRODUCT (GDP)

South Africa: R2.9 trillion (Q3 2020) Western Cape: R408 billion (Q3 2020) Cape Town typically contributes 72 % of the provincial GDP annually.

GROSS VALUE-ADDED SECTORS latest available data (EPIC Q3 2020)

In 2019, the city’s highest gross value-added (GVA) sectors in its economy were: Finance & other business +29.4 % Community services +18.5 % Trade +17.9 % Manufacturing +14.6 % Transport +11.6 %

10

GDP PER CAPITA (2019) latest available data (EPIC Q3 2020)

ESTIMATED POPULATION RATES (2020)1

South Africa: R86 083 Western Cape: R101 098 Cape Town: R111 364

South Africa: 59 622 350 Western Cape: 7 005 741 (11.8 % of national population) Cape Town: 4 488 546 (2019)

AIR TRAVEL

CARGO TONNAGE

During 2020, 4 012 204 people passed through Cape Town International Airport. In total 13 107 540 passengers moved through South Africa’s three international airports in 2020: Cape Town International, OR Tambo International and King Shaka International.

STATE OF CAPE TOWN CENTRAL CITY REPORT 2020

The port of Cape Town handled 19.9 % of all containers in South Africa in Q3 of 2020, with the Port of Durban remaining the largest container handling port in the country. The number of containers handled at the Port of Cape Town declined by 8.8 % – to 206 699 twenty-foot equivalent units (TEUs) in Q3 compared with the previous year.


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