The Gross Domestic Product (GDP) in South Africa was worth 301.92 billion US dollars in 2020, according to official data from the World Bank. The GDP value of South Africa represents 0.27 percent of the world economy. source: World Bank

GDP in South Africa averaged 143.24 USD Billion from 1960 until 2020, reaching an all time high of 416.42 USD Billion in 2011 and a record low of 7.58 USD Billion in 1960. This page provides the latest reported value for - South Africa GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa GDP - values, historical data and charts - was last updated on September of 2021.

GDP in South Africa is expected to reach 320.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa GDP is projected to trend around 345.00 USD Billion in 2022, according to our econometric models.

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South Africa GDP

Actual Previous Highest Lowest Dates Unit Frequency
301.92 351.43 416.42 7.58 1960 - 2020 USD Billion Yearly
Current USD

South Africa GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.20 1.00 13.90 -17.40 percent [+]
GDP Annual Growth Rate 19.30 -2.60 19.30 -16.80 percent [+]
GDP 301.92 351.43 416.42 7.58 USD Billion [+]
GDP Constant Prices 4504725.90 4451229.60 4589661.10 565040.00 ZAR Million [+]
Gross National Product 3200393.00 3083515.00 3200393.00 504385.00 ZAR Million [+]
Gross Fixed Capital Formation 631125.70 625367.70 815426.50 73064.60 ZAR Million [+]
GDP per capita 6748.23 7345.96 7582.95 4624.08 USD [+]
GDP per capita PPP 11466.19 12481.81 12884.48 9375.05 USD [+]
GDP From Agriculture 129761.84 122242.60 129761.84 43536.51 ZAR Million [+]
GDP From Construction 111106.36 112631.46 157768.95 14702.00 ZAR Million [+]
GDP From Manufacturing 532177.64 536667.63 572743.36 334105.25 ZAR Million [+]
GDP From Mining 223192.20 218964.10 240357.55 146083.34 ZAR Million [+]
GDP From Public Administration 367943.96 371170.71 371170.71 90907.00 ZAR Million [+]
GDP From Services 1051139.44 1055679.61 1061557.65 66256.00 ZAR Million [+]
GDP From Transport 342494.83 320452.44 389226.92 122082.62 ZAR Million [+]
GDP From Utilities 104042.76 103345.22 125002.07 82819.94 ZAR Million [+]


South Africa GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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