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Economy of the Western Cape brought to you by Conference Venues South Africa including Western Cape's clothing and textile industries, tourism industry and agriculture.

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Western Cape Economy

western cape economy

The Western Cape's total GDP is the third-highest contribution to the country’s total, at 14.6%. The largest industry is the clothing and textile industry, which employs over 170,000 people. The textile industry is presently declining in importance, due to competition with cheaper Eastern producers, such as China. High-tech industries, international call centres, fashion design, advertising and TV production are niche industries rapidly gaining in importance. The province also has a substantially lower unemployment rate than the other provinces; 17.1% of the working population is unemployed.

The province has recently grown a massive tourism industry, with the majority of international tourist arrivals visiting the province, with Cape Town, Garden Route and the Winelands being popular tourist destinations. There were 1,535,903 international arrivals in 2004 with continued growth annually. Domestic tourism is also on the rise, as low-cost air carriers such as Kulula and 1Time making travel more affordable to more South Africans.

 

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