Construction, value added (constant LCU) in South Africa
South Africa: Construction, value added (constant LCU) was 58.24 billion constant LCU in 2011. ▲ Rising
Construction, value added in South Africa, 1965–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in constant LCU.
Analysis
South Africa recorded 58.24 billion constant LCU for construction, value added in 2011.
Compared with earlier readings it is down 0.5% on the previous year and up 110.2% over ten years.
Over the whole period, construction, value added in South Africa peaked at 58.52 billion constant LCU in 2010 and was at its lowest, 16.16 billion constant LCU, in 1966.
South Africa ranks 16th of 46 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 47 years of available data.
Construction, value added (constant LCU) in South Africa, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1965 | 16.33 billion constant LCU | — |
| 1966 | 16.16 billion constant LCU | -1.0% |
| 1967 | 17.62 billion constant LCU | +9.0% |
| 1968 | 18.81 billion constant LCU | +6.8% |
| 1969 | 21.50 billion constant LCU | +14.3% |
| 1970 | 24.66 billion constant LCU | +14.7% |
| 1971 | 27.98 billion constant LCU | +13.5% |
| 1972 | 30.44 billion constant LCU | +8.8% |
| 1973 | 30.50 billion constant LCU | +0.2% |
| 1974 | 33.82 billion constant LCU | +10.9% |
| 1975 | 34.64 billion constant LCU | +2.4% |
| 1976 | 33.30 billion constant LCU | -3.9% |
| 1977 | 31.51 billion constant LCU | -5.4% |
| 1978 | 28.91 billion constant LCU | -8.2% |
| 1979 | 29.30 billion constant LCU | +1.3% |
| 1980 | 31.78 billion constant LCU | +8.4% |
| 1981 | 33.54 billion constant LCU | +5.5% |
| 1982 | 32.21 billion constant LCU | -3.9% |
| 1983 | 30.47 billion constant LCU | -5.4% |
| 1984 | 31.22 billion constant LCU | +2.5% |
| 1985 | 29.65 billion constant LCU | -5.0% |
| 1986 | 27.25 billion constant LCU | -8.1% |
| 1987 | 25.45 billion constant LCU | -6.6% |
| 1988 | 26.27 billion constant LCU | +3.2% |
| 1989 | 28.49 billion constant LCU | +8.4% |
| 1990 | 28.75 billion constant LCU | +0.9% |
| 1991 | 27.41 billion constant LCU | -4.7% |
| 1992 | 25.70 billion constant LCU | -6.2% |
| 1993 | 23.95 billion constant LCU | -6.8% |
| 1994 | 24.64 billion constant LCU | +2.9% |
| 1995 | 25.52 billion constant LCU | +3.6% |
| 1996 | 26.03 billion constant LCU | +2.0% |
| 1997 | 26.93 billion constant LCU | +3.4% |
| 1998 | 25.34 billion constant LCU | -5.9% |
| 1999 | 25.00 billion constant LCU | -1.4% |
| 2000 | 26.41 billion constant LCU | +5.6% |
| 2001 | 27.71 billion constant LCU | +4.9% |
| 2002 | 29.23 billion constant LCU | +5.5% |
| 2003 | 31.57 billion constant LCU | +8.0% |
| 2004 | 34.45 billion constant LCU | +9.1% |
| 2005 | 38.56 billion constant LCU | +11.9% |
| 2006 | 42.58 billion constant LCU | +10.4% |
| 2007 | 48.66 billion constant LCU | +14.3% |
| 2008 | 53.20 billion constant LCU | +9.3% |
| 2009 | 57.37 billion constant LCU | +7.8% |
| 2010 | 58.52 billion constant LCU | +2.0% |
| 2011 | 58.24 billion constant LCU | -0.5% |
South Africa compared with similar countries
- South Africa's 58.24 billion constant LCU is above the median for upper middle income countries, which is 41.10 billion constant LCU, 1.4× the median. (7 countries reporting)
- South Africa's 58.24 billion constant LCU is above the median for Sub-Saharan Africa, which is 43.49 billion constant LCU, 1.3× the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 18.08 billion constant LCU | 16.16 billion constant LCU | 21.50 billion constant LCU | 5 |
| 1970s | 30.51 billion constant LCU | 24.66 billion constant LCU | 34.64 billion constant LCU | 10 |
| 1980s | 29.63 billion constant LCU | 25.45 billion constant LCU | 33.54 billion constant LCU | 10 |
| 1990s | 25.93 billion constant LCU | 23.95 billion constant LCU | 28.75 billion constant LCU | 10 |
| 2000s | 38.98 billion constant LCU | 26.41 billion constant LCU | 57.37 billion constant LCU | 10 |
| 2010s | 58.38 billion constant LCU | 58.24 billion constant LCU | 58.52 billion constant LCU | 2 |
Countries ranked near South Africa
More economy & growth data for South Africa
- Real gdp growth, annual growth rate 108.41 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.4836 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 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)
Frequently asked questions
- What is construction, value added in South Africa?
- Construction, value added in South Africa was 58.24 billion constant LCU in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest construction, value added recorded in South Africa?
- The highest recorded value was 58.52 billion constant LCU in 2010.
- What is the lowest construction, value added recorded in South Africa?
- The lowest recorded value was 16.16 billion constant LCU in 1966.
- How does South Africa rank for construction, value added?
- South Africa ranks 16th out of 46 countries with data for 2011.
- Is construction, value added rising or falling in South Africa?
- Over the last ten years it is up 110.2%. The long-run trend across the full record is rising.
- Where does this South Africa data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Construction, value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Value added in construction is defined as the value of output of the construction industry less the value of intermediate consumption (intermediate inputs). Construction is a subset of industry (ISIC 45). Data are in constant local currency.