The value of recorded building plans passed in South Africa's larger municipalities slipped by 18% from a year ago to ZAR 9.1 million in March 2023, following an upwardly revised 12.7% rise in the prior month. Building plans declined sharply for non-residential buildings (-52.5% vs 12.6%in February), and, to a lesser extent, for the residential segment (-4% vs 15.1%) and additions & alterations (-0.2% vs 8.2%). source: Statistics South Africa

Building Permits in South Africa averaged 3920684.61 ZAR Thousand from 1981 until 2023, reaching an all time high of 12056212.00 ZAR Thousand in November of 2022 and a record low of 218553.00 ZAR Thousand in December of 1985. This page provides - South Africa Building Plans Passed- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Building Plans Passed - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

Building Permits in South Africa is expected to be 9850000.00 ZAR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Building Plans Passed is projected to trend around 10100000.00 ZAR Thousand in 2024 and 9950000.00 ZAR Thousand in 2025, according to our econometric models.

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South Africa Building Plans Passed



Calendar GMT Actual Previous Consensus TEForecast
2023-04-20 11:00 AM Feb 8.6% -40% -55.0%
2023-05-18 11:00 AM Mar -18% 12.7% 10.0%
2023-06-15 12:30 PM Apr -18% 5.0%


Related Last Previous Unit Reference
Building Permits 9108835.00 9569554.00 ZAR Thousand Mar 2023

South Africa Building Plans Passed
Statistics South Africa (Stats SA) conducts a monthly building statistics survey collecting information regarding building plans passed and buildings completed, financed by the private sector, from the largest local government institutions in South Africa. According to these institutions, they are not always notified about low-cost housing projects and therefore do not include the bulk of low-cost dwelling-houses. The monthly survey represents approximately 90 percent of the total value of buildings completed. The statistical unit for the collection of information is a local government institution. Local government institutions include district municipalities, metropolitan municipalities and local municipalities.
Actual Previous Highest Lowest Dates Unit Frequency
9108835.00 9569554.00 12056212.00 218553.00 1981 - 2023 ZAR Thousand Monthly
Current Prices, NSA

News Stream
South Africa Building Permits Slump in March
The value of recorded building plans passed in South Africa's larger municipalities slipped by 18% from a year ago to ZAR 9.1 million in March 2023, following an upwardly revised 12.7% rise in the prior month. Building plans declined sharply for non-residential buildings (-52.5% vs 12.6%in February), and, to a lesser extent, for the residential segment (-4% vs 15.1%) and additions & alterations (-0.2% vs 8.2%).
2023-05-18
South Africa Building Permits Rebound in February
The value of recorded building plans passed in South Africa's larger municipalities rose by 8.6% from a year ago to ZAR 9.2 million in February 2023, following a downwardly revised 40% tumble in the previous month. It was the first increase in building plans approved after two consecutive months of deceases, led by the residential segment (14.7% vs -52.1% in January). At the same time, additions & alterations continued to rise (4.5% vs 6%) and the decline in non-residential permits was much softer (-3.4% vs -49.5%).
2023-04-20
South Africa Building Permits Fall the Most in 2-1/2-Years
The value of recorded building plans passed in South Africa's larger municipalities plunged by 40.4% from a year ago to ZAR 5.3 million in January 2023, following an 11.5% dive in the previous month. It was the steepest decline in building plans passed since July 2020, led by both the non-residential segment (-55.7%) and the residential one (-52.6%). On the other hand, plans for additions and alterations increased (+10.6%).
2023-03-16