Cape Town is the economic hub of the Western Cape province, South Africa's second main economic centre and Africa's third main economic hub city. It serves as the regional manufacturing centre in the Western Cape. In 2011 the city's GDP was US$56.8 billion with a GDP per capita of US$15,721. In the five years preceding 2014 Cape Town GDP grew at an average of 3.7% a year. As a proportion of GDP, the agriculture and manufacturing sectors have declined whilst finance, business services, transport and logistics have grown reflecting the growth in specialised services sectors of the local economy. Fishing, clothing and textiles, wood product manufacturing, electronics, furniture, hospitality, finance and business services are industries in which Cape Town's economy has the largest comparative advantage.