South Africa GDP Growth Rate - Forecast

GDP Growth Rate in South Africa is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in South Africa to stand at 2.30 in 12 months time. In the long-term, the South Africa GDP Growth Rate is projected to trend around 2.10 percent in 2020, according to our econometric models.


South Africa GDP Growth Rate
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South Africa GDP Last Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Growth Rate 3.1 2 1.5 1.9 2.3 2.1
GDP Annual Growth Rate 1.5 1.3 1.3 1.7 1.6 2
GDP 295 282 281 390 405 420
GDP Constant Prices 3157028 3135699 3153634 3210697 3143735 3330585
Gross National Product 3129523 3100810 3105662 3182725 3112237 3301568
Gross Fixed Capital Formation 622125 619288 615126 632701 625477 656326
GDP per capita 7504 7514 7362 7431 7341 7327
GDP per capita PPP 12260 12276 12209 12141 11993 11971
GDP From Agriculture 84617 72161 78647 86055 67348 89269
GDP From Construction 108678 110117 109774 110525 111345 114652
GDP From Manufacturing 389517 384459 387931 396139 385293 410930
GDP From Mining 235158 235820 239380 239156 233610 248086
GDP From Public Administration 478705 478820 480137 486843 485723 505022
GDP From Services 639135 636208 639273 650000 637309 674271
GDP From Transport 270593 269936 270476 275193 270724 285469
GDP From Utilities 65212 66146 65110 66320 65482 68797