Introduction

1 The ratio of private investment to GDP was 38.7% in 2019 but decreased to 18.6% in 2020 because of the Covid-19 pandemic. What is the change in percentage points (ignore the percentage sign in your answer)?

%

It is indeed -20,1 %.

The calculation is as follows:

18,6% - 38,7% = -20,1%

It is -20,1 %.

The calculation is as follows:

18,6% - 38,7% = -20,1%

2 It the economic decreased from 5.9% to -6.9% what is the change in economic growth in percentage points (ignore the percentage sign in your answer).

%

It is indeed -12,8%.

The calculation is as follows:

-6,9% - 5,9% = -12,8%

It is -12,8 %.

The calculation is as follows:

-6,9% - 5,9% = 12,8%

3 The ratio of the trade balance to GDP in South Africa was 26.4% in 2019 and increased to 38.9% in 2020. What is the change in the ratio in percentage points (ignore the percentage sign in your answer)?

%

It is indeed 12,5%.

It is calculated as follows: 38,9% - 26,4% = 12,5%

Incorrect. It is 12,5%.

It is calculated as follows: 38,9% - 26,4% = 12,5%