South Africa GDP Growth Rate - Forecast

GDP Growth Rate in South Africa is expected to be 0.50 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 1.30 in 12 months time. In the long-term, the South Africa GDP Growth Rate is projected to trend around 2.00 percent in 2020, according to our econometric models.


Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


South Africa GDP Last Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Growth Rate -0.7 0.5 1 1.1 1.3 2
GDP Annual Growth Rate 0.4 0.6 1 1.2 1.3 2
GDP 349 390 390 405 405 420
GDP Constant Prices 3132982 3143072 3192693 3178106 3173710 3318421
Gross National Product 3076397 3112861 3160818 3113314 3116390 3285291
Gross Fixed Capital Formation 615992 612987 628346 624201 624000 653090
GDP per capita 7525 7562 7562 7640 7640 7700
GDP per capita PPP 12295 12300 12300 12350 12350 12395
GDP From Agriculture 70245 78356 85669 77486 71158 89043
GDP From Construction 108777 109392 109765 109470 110191 114087
GDP From Manufacturing 382564 386582 393412 387400 387537 408905
GDP From Mining 231638 238548 237510 231615 234650 246863
GDP From Public Administration 480321 478467 483493 486726 486565 502532
GDP From Services 643923 637050 645526 648573 652294 670947
GDP From Transport 267779 269535 273299 274438 271260 284061
GDP From Utilities 65589 64884 65864 66035 66441 68458