The economy of South Africa rose by 0.9% year-on-year in Q2, marking a sharp slowdown from a 1.9% expansion in Q1 and missing the expected 1% growth. GDP Annual Growth Rate - 2015 in South Africa averaged 2.28 percent from 1994 until 2026, reaching an all time high of 19.20 percent in the second quarter of 2021 and a record low of -16.40 percent in the second quarter of 2020. source: Statistics South Africa

The Gross Domestic Product (GDP) in South Africa expanded 0.90 percent in the second quarter of 2026 over the same quarter of the previous year.

The Gross Domestic Product (GDP) in South Africa expanded 0.90 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in South Africa is expected to be 1.40 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 1.70 percent in 2027 and 1.90 percent in 2028, according to our econometric models.



South Africa GDP Annual Growth Rate - 2015
South Africa is the most developed country in Africa and was the largest until 2014, when it was overtaken by Nigeria. The largest sector of the economy is services which accounts for around 73 percent of GDP. Within services, the most important are finance, real estate and business services (21.6 percent); government services (17 percent); wholesale, retail and motor trade, catering and accommodation (15 percent); and transport, storage and communication (9.3 percent). Manufacturing accounts for 13.9 percent; mining and quarrying for around 8.3 percent and agriculture for only 2.6 percent.
Actual Previous Highest Lowest Dates Unit Frequency
0.90 1.90 19.20 -16.40 1994 - 2026 percent Quarterly
2015=100, NSA