Annual GDP growth in Southern Africa
Southern Africa: Annual GDP growth was 0.5% in 2024. ◆ Volatile
Annual GDP growth in Southern Africa, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual gdp growth in Southern Africa is 0.5%, measured in 2024.
Compared with earlier readings it is down 51.4% on the previous year and down 70.1% over ten years.
Over the whole period, annual gdp growth in Southern Africa peaked at 5.7% in 2006 and was at its lowest, -6.3%, in 2020.
That places Southern Africa 33rd out of 34 groups with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Southern Africa, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.1% | — |
| 2001 | 2.6% | -37.0% |
| 2002 | 3.8% | +47.6% |
| 2003 | 3.1% | -19.2% |
| 2004 | 4.6% | +51.6% |
| 2005 | 5.2% | +11.5% |
| 2006 | 5.7% | +10.8% |
| 2007 | 5.4% | -6.6% |
| 2008 | 3.2% | -40.7% |
| 2009 | -1.9% | -160.4% |
| 2010 | 3.4% | -275.3% |
| 2011 | 3.3% | -0.7% |
| 2012 | 2.4% | -27.5% |
| 2013 | 2.9% | +18.9% |
| 2014 | 1.7% | -40.5% |
| 2015 | 1.2% | -30.6% |
| 2016 | 0.9% | -22.4% |
| 2017 | 1.2% | +30.5% |
| 2018 | 1.6% | +33.9% |
| 2019 | 0.4% | -75.5% |
| 2020 | -6.3% | -1696.2% |
| 2021 | 5.1% | -180.6% |
| 2022 | 2.3% | -55.2% |
| 2023 | 1.1% | -53.8% |
| 2024 | 0.5% | -51.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.6% | -1.9% | 5.7% | 10 |
| 2010s | 1.9% | 0.4% | 3.4% | 10 |
| 2020s | 0.5% | -6.3% | 5.1% | 5 |
Countries ranked near Southern Africa
More economy & growth data for Southern Africa
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 111.27 USD (2024)
- Gross Fixed Capital Formation — Value US$ 68,622 million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 61,673 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 15.7 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices -0.7455 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 0.5481 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 3.65 % (2024)
- Gross Domestic Product — Annual growth US$ 5 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 401,475 million USD (2024)
- Gross Domestic Product — Value US$ 437,021 million USD (2024)
Frequently asked questions
- What is annual gdp growth in Southern Africa?
- Annual gdp growth in Southern Africa was 0.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Southern Africa?
- The highest recorded value was 5.7% in 2006.
- What is the lowest annual gdp growth recorded in Southern Africa?
- The lowest recorded value was -6.3% in 2020.
- How does Southern Africa rank for annual gdp growth?
- Southern Africa ranks 33rd out of 34 groups with data for 2024.
- Is annual gdp growth rising or falling in Southern Africa?
- Over the last ten years it is down 70.1%. The long-run trend across the full record is volatile.
- Where does this Southern Africa data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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