South Africa: Building permits

(measure: building permits, source: Statistics South Africa)
* indicates monthly or quarterly data series

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.
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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.
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