Gross National Product in South Africa increased to 3083515 ZAR Million in the fourth quarter of 2020 from 3050369 ZAR Million in the third quarter of 2020. source: South African Reserve Bank

Gross National Product in South Africa averaged 1661420.14 ZAR Million from 1960 until 2020, reaching an all time high of 3183747 ZAR Million in the first quarter of 2020 and a record low of 504385 ZAR Million in the first quarter of 1960. This page provides the latest reported value for - South Africa Gross National Income - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa Gross National Income - values, historical data and charts - was last updated on June of 2021.

Gross National Product in South Africa is expected to be 3062866.00 ZAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross National Product in South Africa to stand at 3163686.00 in 12 months time. In the long-term, the South Africa Gross National Income is projected to trend around 3286922.00 ZAR Million in 2022 and 3365808.00 ZAR Million in 2023, according to our econometric models.

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South Africa Gross National Income

Actual Previous Highest Lowest Dates Unit Frequency
3083515.00 3050369.00 3183747.00 504385.00 1960 - 2020 ZAR Million Quarterly
Constant Prices, SA

South Africa GDP Last Previous Highest Lowest Unit
GDP Growth Rate 4.60 5.80 67.30 -51.70 percent [+]
GDP Annual Growth Rate -3.20 -4.20 7.10 -17.80 percent [+]
GDP 351.43 368.29 416.42 7.58 USD Billion [+]
GDP Constant Prices 3037236.20 3004333.30 3160551.30 565040.00 ZAR Million [+]
Gross National Product 3083515.00 3050369.00 3183747.00 504385.00 ZAR Million [+]
Gross Fixed Capital Formation 491020.70 494223.30 644549.00 73064.60 ZAR Million [+]
GDP per capita 7346.00 7433.60 7582.70 4624.10 USD [+]
GDP per capita PPP 12481.80 12630.70 12884.10 9375.10 USD [+]
GDP From Agriculture 81017.65 81674.70 89120.92 33530.55 ZAR Million [+]
GDP From Construction 82219.93 82047.74 110107.16 14702.00 ZAR Million [+]
GDP From Manufacturing 370246.04 368775.37 393954.72 228221.00 ZAR Million [+]
GDP From Mining 223908.40 214791.96 251119.50 157032.07 ZAR Million [+]
GDP From Public Administration 492194.38 491141.74 492194.38 90907.00 ZAR Million [+]
GDP From Services 631529.30 620297.86 666445.53 66256.00 ZAR Million [+]
GDP From Transport 235739.75 232980.56 278622.84 89068.60 ZAR Million [+]
GDP From Utilities 62937.37 63350.26 70556.22 46746.92 ZAR Million [+]