South Africa GDP: $384 Billion

GROSS DOMESTIC PRODUCT (CURRENT MARKET PRICES)

South Africa GDP Forecast: $384 Billion in 2024, $389.5 Billion projected for 2025 (Current Market Prices).

GDP in South Africa is estimated to be $384 Billion US dollars at the end of 2024 in GDP current price terms.

Looking ahead to 2025, projections suggest South Africa's 2025 GDP estimate could be $389.5 Billion. This South Africa GDP growth forecast for 2024 and 2025 reflects an estimated growth rate of 1.5%.

The economy of South Africa has grown at an average annual growth rate of -0.1% in the last four years and is ranked the 3rd largest economy in Africa, ahead of Algeria.

See the full South Africa data sheet covering Economics, Demographics and ESG

Current GDP (US$): South Africa


Source: World Bank, World Economics
Notes: Current Market Prices
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Economic Indicators: South Africa 2021 2022 2023 2024
Current GDP (Billions, US$) 421 407 381 384
Current GDP per Capita (US$) 6,843 6,523 6,023 6,082
Real GDP (US$ Billions, 2010) 354 361 363 366
Real GDP per Capita (US$, 2010) 5,756 5,784 5,747 5,804
Real GDP PPP (Billions, 2017) 842 858 863 870
Real GDP per Capita PPP (int$ 2017) 13,168 13,286 13,280 13,186
GDP Annual Growth Rate (%) 5.0 1.9 0.7 0.8
GDP per Capita Annual Growth Rate (%) 3.4 0.5 -0.6 1.0
Data Quality Rating for South Africa See how much you can trust South Africa's GDP Data




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SOUTH AFRICA'S ECONOMICS
SOUTH AFRICA'S DEMOGRAPHY
SOUTH AFRICA'S ENVIRONMENT, SOCIAL & GOVERNANCE
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