South Africa's economy expanded by 0.8% year-on-year in Q1 2025, maintaining the same pace as Q4, which marked the strongest growth in a year. GDP Annual Growth Rate in South Africa averaged 2.32 percent from 1994 until 2025, reaching an all time high of 19.40 percent in the second quarter of 2021 and a record low of -16.20 percent in the second quarter of 2020. source: Statistics South Africa
The Gross Domestic Product (GDP) in South Africa expanded 0.80 percent in the first quarter of 2025 over the same quarter of the previous year.
The Gross Domestic Product (GDP) in South Africa expanded 0.80 percent in the first quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in South Africa is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa GDP Annual Growth Rate is projected to trend around 1.30 percent in 2026 and 2.00 percent in 2027, according to our econometric models.