Africa's Development: Annual real GDP growth rate Growth rate … 02 in South Africa
South Africa: Africa's Development: Annual real GDP growth rate Growth rate … 02 was 1.4 Percent per annum in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in South Africa, 1990–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
South Africa recorded 1.4 Percent per annum for africa's development dynamics (afdd) table 02 - annual real gdp in 2029.
Compared with earlier readings it is up 438.6% over ten years.
Over the whole period, africa's development dynamics (afdd) table 02 - annual real gdp in South Africa peaked at 5.6 Percent per annum in 2006 and was at its lowest, -5.96 Percent per annum, in 2020.
That places South Africa 148th out of 166 countries with data for 2029, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development: Annual real GDP growth rate Growth rate … 02 in South Africa, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1990 | -0.3178 Percent per annum | — |
| 1991 | -1.02 Percent per annum | +220.4% |
| 1992 | -2.14 Percent per annum | +109.9% |
| 1993 | 1.23 Percent per annum | -157.7% |
| 1994 | 3.2 Percent per annum | +159.4% |
| 1995 | 3.1 Percent per annum | -3.1% |
| 1996 | 4.3 Percent per annum | +38.7% |
| 1997 | 2.6 Percent per annum | -39.5% |
| 1998 | 0.5 Percent per annum | -80.8% |
| 1999 | 2.4 Percent per annum | +380.0% |
| 2000 | 4.2 Percent per annum | +75.0% |
| 2001 | 2.7 Percent per annum | -35.7% |
| 2002 | 3.7 Percent per annum | +37.1% |
| 2003 | 2.95 Percent per annum | -20.3% |
| 2004 | 4.55 Percent per annum | +54.4% |
| 2005 | 5.28 Percent per annum | +15.9% |
| 2006 | 5.6 Percent per annum | +6.2% |
| 2007 | 5.36 Percent per annum | -4.3% |
| 2008 | 3.19 Percent per annum | -40.5% |
| 2009 | -1.54 Percent per annum | -148.2% |
| 2010 | 3.04 Percent per annum | -297.6% |
| 2011 | 3.17 Percent per annum | +4.2% |
| 2012 | 2.4 Percent per annum | -24.4% |
| 2013 | 2.49 Percent per annum | +3.7% |
| 2014 | 1.41 Percent per annum | -43.1% |
| 2015 | 1.32 Percent per annum | -6.5% |
| 2016 | 0.6645 Percent per annum | -49.7% |
| 2017 | 1.16 Percent per annum | +74.2% |
| 2018 | 1.56 Percent per annum | +34.4% |
| 2019 | 0.2599 Percent per annum | -83.3% |
| 2020 | -5.96 Percent per annum | -2394.1% |
| 2021 | 4.7 Percent per annum | -178.9% |
| 2022 | 1.91 Percent per annum | -59.4% |
| 2023 | 0.6017 Percent per annum | -68.5% |
| 2024 | 0.8785 Percent per annum | +46.0% |
| 2025 | 1.21 Percent per annum | +38.1% |
| 2026 | 1.37 Percent per annum | +13.4% |
| 2027 | 1.4 Percent per annum | +1.8% |
| 2028 | 1.4 Percent per annum | -0.0% |
| 2029 | 1.4 Percent per annum | +0.0% |
South Africa compared with similar countries
- South Africa's 1.4 Percent per annum is below the median for upper middle income countries, which is 2.7 Percent per annum, 52% of the median. (50 countries reporting)
- South Africa's 1.4 Percent per annum is below the median for Sub-Saharan Africa, which is 4.53 Percent per annum, 31% of the median. (39 countries reporting)
Biggest year-on-year movements
Years where Africa's Development: Annual real GDP growth rate Growth rate … 02 in South Africa changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -2394.1% | 0.2599 Percent per annum | -5.96 Percent per annum |
| 1999 | +380.0% | 0.5 Percent per annum | 2.4 Percent per annum |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.39 Percent per annum | -2.14 Percent per annum | 4.3 Percent per annum | 10 |
| 2000s | 3.6 Percent per annum | -1.54 Percent per annum | 5.6 Percent per annum | 10 |
| 2010s | 1.75 Percent per annum | 0.2599 Percent per annum | 3.17 Percent per annum | 10 |
| 2020s | 0.8918 Percent per annum | -5.96 Percent per annum | 4.7 Percent per annum | 10 |
Countries ranked near South Africa
- 146 Norway 1.42 Percent per annum compare
- 147 United Kingdom 1.42 Percent per annum compare
- 149 Denmark 1.4 Percent per annum compare
- 150 France 1.34 Percent per annum compare
- 151 San Marino 1.3 Percent per annum compare
More economy & growth data for South Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.4836 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 6.87 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0145 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 95.75 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.77 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0106 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 69.91 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -28.9 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 50.74 units per person (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 02 - annual real gdp in South Africa?
- Africa's development dynamics (afdd) table 02 - annual real gdp in South Africa was 1.4 Percent per annum in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 02 - annual real gdp recorded in South Africa?
- The highest recorded value was 5.6 Percent per annum in 2006.
- What is the lowest africa's development dynamics (afdd) table 02 - annual real gdp recorded in South Africa?
- The lowest recorded value was -5.96 Percent per annum in 2020.
- How does South Africa rank for africa's development dynamics (afdd) table 02 - annual real gdp?
- South Africa ranks 148th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 02 - annual real gdp rising or falling in South Africa?
- Over the last ten years it is up 438.6%. The long-run trend across the full record is volatile.
- Where does this South Africa data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP growth rate — Growth rate of real gross domestic product. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 2 shows the full time series of annual real GDP growth, up to present, and including projected real GDP growth rates over the next five years.