Investor Economic | Provincial Treasury

Investor Economic

The Municipal Economic Review and Outlook (MERO) provides detailed economic intelligence disaggregated at a metro, district and municipal level to help inform policy intervention and budgeting at local government.

The MERO is a complementary publication to the Provincial Economic  Review  and  Outlook  (PERO),  which  provides  detailed  economic  intelligence  at  a  Provincial level. The  publication  utilises  a  variety  of  data  sources  in  order  to  provide  an  in-depth  analysis  of  the  economic  and  social  trends  across  the  various  municipal  areas  of  the  Western  Cape. 

National economic and employment data is sourced from Statistics South Africa (Stats SA), while the gross domestic product per region (GDPR) data utilised in this report is sourced from Quantec Research. The publication aims to utilise the most recent data sources for the numerous indicators.

However, regional GDPR data is only available up to 2019, while 2020 data is estimated. Forecasts for 2021 and 2022 are based on the national forecast from the South African Reserve Bank (SARB), as well as the agriculture sector forecast from the Bureau for Food and Agricultural Policy (BFAP). Data sources for the various socio-economic indicators are sourced from Provincial departments such as Health, Education and Social Development, while tourism data is sourced from Wesgro and crime data from the South African Police Service (SAPS).