Building permits in South Africa, February, 2020
The data series span the period from January 1993 to February 2020.
During that time, the average value for South Africa was
5852 building permits with a minumum of 2340 building permits
in December 2010 and a maximum of 12976 building permits in October 2002.
The latest number is 6702, a change of 180.89% from the previous data point of
2386 building permits and a change of 8.39% from a year ago when the level was
6183 building permits.
The number of building permits is considered a leading macroeconomic indicator as it typically grows a few months ahead of an economic expansion and declines a few months before an economic slowdown.
See more information about that indicator on our Building permits page
* indicates monthly or quarterly data series
Measure: building permits
Source: Statistics South Africa
Definition: Building permits are authorizations granted by a government or another regulatory body before the construction of a new building can legally occur.