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South Africa GDP Annual Growth Rate: -7.0% (2020)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in South Africa is estimated to be $400 Billion US dollars at the end of 2020.

The economy of South Africa has grown at an average annual growth rate of -1.2% in the last four years and is ranked the 3rd largest economy in Africa, ahead of Algeria.

World Economics Rates South Africa's Offical GDP Data as Grade B

GDP Annual Growth Rate: South Africa


Source: World Bank, World Economics
0 0 0 South Africa|#FE1800|11.8386741948332, 9.95343810301794, 9.59649887419761, 5.30851024557151, 6.253134898985, 7.24606030950785, 4.34033841707489, 6.59702013758312, 8.90701555527096, 4.29063926798075, 4.64947360429215, 8.14974579127789, 7.78846536076689, 5.61878581441493, 0.542203214009334, 3.30379150489574, 2.83857436036729, 1.46300344615614, 0.0415463453412883, 2.20872827746719, -0.132468611426361, 1.24646170534606, 1.77011566326799, 1.78468758048753, 2.32143575836614, 3.25332184173544, 5.54712251525866, 5.09432429766936, 4.82703031232241, 3.78139337826686, 2.54600054810226, 0.929215548666747, -1.03149186343941, 2.38319539651248, 2.75749399442464, 2.66052445272342, 3.70258028536841, 4.39303735124493, 4.49049131553554, 5.24599468041613, 3.93294884333099, 2.73102223160264, 2.98189483596207, 3.12279524151424, 3.65203267433178, 4.10272711542463, 3.60468797126931, 0.887145182485298, -3.76323192690089, 0.163010230841422, -0.81437345515107, -2.95944130173555, -1.43539425919327, 1.38390794267029, 3.83517266033846, 0.399087929556359, 1.41451262585058, 0.787055570495099, 0.152583316664234, -6.95960445218964 1961, 1962, 1963, 1964, 1965, 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1974, 1975, 1976, 1977, 1978, 1979, 1980, 1981, 1982, 1983, 1984, 1985, 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020,








 





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Economic Indicators: South Africa 2017 2018 2019 2020
GDP Annual Growth Rate (%) 1.4 0.8 0.2 -7.0
GDP per Capita Annual Growth Rate (%) 0.0 -0.6 -1.2 -8.1
Real GDP (US$ Billions, 2010) 426 430 430 400
Real GDP per Capita (US$, 2010) 7,475 7,432 7,346 6,748
Current GDP (Billions, US$) 350 368 351 302
Current GDP per Capita (US$) 6,131 6,373 6,001 5,091
Real GDP PPP (Billions, 2017) 724 730 731 680
Real GDP per Capita PPP (int$ 2017) 12,701 12,628 12,482 11,466
Data Quality Rating for South Africa See how much you can trust South Africa's GDP Data





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