Economic activity in South Africa decreased slightly in the first quarter of 2024 as real gross domestic product (GDP) contracted by 0.1% after expanding by a revised 0.3% in the previous quarter. The real gross value added (GVA) by the secondary sector contracted in the first quarter of 2024, along with stagnant economic activity in the tertiary sector, while the real output of the primary sector expanded further. Despite the marginal contraction in the first quarter of 2024, the level of real GDP was 0.5% higher than a year earlier.