The Gross Domestic Product (GDP) in South Africa was worth 350 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of South Africa represents 0.29 percent of the world economy.

GDP in South Africa averaged 142.46 USD Billion from 1960 until 2019, 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 May of 2020. source: World Bank

GDP in South Africa is expected to reach 380.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa GDP is projected to trend around 412.00 USD Billion in 2021 and 415.00 USD Billion in 2022, according to our econometric models.

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South Africa GDP

Actual Previous Highest Lowest Dates Unit Frequency
350.00 366.30 416.42 7.58 1960 - 2019 USD Billion Yearly
Current USD

South Africa GDP Last Previous Highest Lowest Unit
GDP Growth Rate -1.40 -0.80 7.60 -6.10 percent [+]
GDP Annual Growth Rate -0.50 0.10 7.10 -2.60 percent [+]
GDP 350.00 366.30 416.42 7.58 USD Billion [+]
GDP Constant Prices 3142811.30 3153591.90 3160551.30 565040.00 ZAR Million [+]
Gross National Product 3155933.00 3122800.00 3155933.00 504385.00 ZAR Million [+]
Gross Fixed Capital Formation 597190.00 613639.90 644549.00 73065.00 ZAR Million [+]
GDP per capita 7433.60 7476.40 7582.70 4624.10 USD [+]
GDP per capita PPP 12143.47 12233.37 12388.26 9014.28 USD [+]
GDP From Agriculture 67423.54 69058.48 89120.92 33530.55 ZAR Million [+]
GDP From Construction 101881.74 105755.19 110107.16 14702.00 ZAR Million [+]
GDP From Manufacturing 380805.12 383117.25 393954.72 228221.00 ZAR Million [+]
GDP From Mining 227400.35 226361.45 251119.50 214553.50 ZAR Million [+]
GDP From Public Administration 488670.67 488805.96 488805.96 90907.00 ZAR Million [+]
GDP From Services 661316.99 656905.07 661316.99 66256.00 ZAR Million [+]
GDP From Transport 266439.80 271489.94 278622.84 89068.60 ZAR Million [+]
GDP From Utilities 63851.66 64509.25 70556.22 46746.92 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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