Gross Domestic Product — Value US$, 2015 prices in Southern Africa
Southern Africa: Gross Domestic Product — Value US$, 2015 prices was 401,475 million USD in 2024. ▲ Rising
Gross Domestic Product — Value US$, 2015 prices in Southern Africa, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross domestic product — value us$, 2015 prices in Southern Africa stood at 401,475 million USD. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 0.5% on the previous year and up 7.5% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Southern Africa peaked at 401,475 million USD in 2024 and was at its lowest, 109,177 million USD, in 1970.
That places Southern Africa 26th out of 29 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$, 2015 prices in Southern Africa, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 109,177 million USD | — |
| 1971 | 113,919 million USD | +4.3% |
| 1972 | 116,047 million USD | +1.9% |
| 1973 | 121,520 million USD | +4.7% |
| 1974 | 129,064 million USD | +6.2% |
| 1975 | 131,479 million USD | +1.9% |
| 1976 | 134,647 million USD | +2.4% |
| 1977 | 134,739 million USD | +0.1% |
| 1978 | 138,981 million USD | +3.1% |
| 1979 | 144,273 million USD | +3.8% |
| 1980 | 153,828 million USD | +6.6% |
| 1981 | 162,020 million USD | +5.3% |
| 1982 | 161,612 million USD | -0.3% |
| 1983 | 158,887 million USD | -1.7% |
| 1984 | 166,961 million USD | +5.1% |
| 1985 | 165,370 million USD | -1.0% |
| 1986 | 165,998 million USD | +0.4% |
| 1987 | 169,854 million USD | +2.3% |
| 1988 | 177,225 million USD | +4.3% |
| 1989 | 182,770 million USD | +3.1% |
| 1990 | 182,887 million USD | +0.1% |
| 1991 | 186,513 million USD | +2.0% |
| 1992 | 187,984 million USD | +0.8% |
| 1993 | 195,059 million USD | +3.8% |
| 1994 | 201,245 million USD | +3.2% |
| 1995 | 207,820 million USD | +3.3% |
| 1996 | 216,856 million USD | +4.3% |
| 1997 | 223,037 million USD | +2.9% |
| 1998 | 224,292 million USD | +0.6% |
| 1999 | 230,311 million USD | +2.7% |
| 2000 | 239,639 million USD | +4.1% |
| 2001 | 245,790 million USD | +2.6% |
| 2002 | 255,087 million USD | +3.8% |
| 2003 | 262,847 million USD | +3.0% |
| 2004 | 275,019 million USD | +4.6% |
| 2005 | 289,208 million USD | +5.2% |
| 2006 | 305,744 million USD | +5.7% |
| 2007 | 322,292 million USD | +5.4% |
| 2008 | 332,504 million USD | +3.2% |
| 2009 | 326,136 million USD | -1.9% |
| 2010 | 337,096 million USD | +3.4% |
| 2011 | 348,359 million USD | +3.3% |
| 2012 | 356,831 million USD | +2.4% |
| 2013 | 367,084 million USD | +2.9% |
| 2014 | 373,317 million USD | +1.7% |
| 2015 | 377,771 million USD | +1.2% |
| 2016 | 381,180 million USD | +0.9% |
| 2017 | 385,705 million USD | +1.2% |
| 2018 | 392,014 million USD | +1.6% |
| 2019 | 393,410 million USD | +0.4% |
| 2020 | 369,404 million USD | -6.1% |
| 2021 | 387,604 million USD | +4.9% |
| 2022 | 395,911 million USD | +2.1% |
| 2023 | 399,287 million USD | +0.9% |
| 2024 | 401,475 million USD | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 127,385 million USD | 109,177 million USD | 144,273 million USD | 10 |
| 1980s | 166,452 million USD | 153,828 million USD | 182,770 million USD | 10 |
| 1990s | 205,600 million USD | 182,887 million USD | 230,311 million USD | 10 |
| 2000s | 285,427 million USD | 239,639 million USD | 332,504 million USD | 10 |
| 2010s | 371,277 million USD | 337,096 million USD | 393,410 million USD | 10 |
| 2020s | 390,736 million USD | 369,404 million USD | 401,475 million USD | 5 |
Countries ranked near Southern Africa
- 23 Sweden 579,305 million USD compare
- 24 Nigeria 577,512 million USD compare
- 25 Belgium 532,636 million USD compare
- 26 Ireland 492,371 million USD compare
- 27 Thailand 470,017 million USD compare
- 28 Côte d'Ivoire 76,277 million USD compare
- 28 Egypt 465,372 million USD compare
- 29 Cabo Verde 2,376 million USD compare
- 29 United Arab Emirates 462,404 million USD compare
More economy & growth data for Southern Africa
- Gross Domestic Product, GDP in millions constant 2021 international $ 1.01 million (2027)
- Gross Domestic Product — Value US$ 437,021 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 15.7 % (2024)
- Gross Domestic Product — Value US$ per capita 5,975 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 5,489 USD (2024)
- Gross Domestic Product — Annual growth US$ 5 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 3.65 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 0.5481 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 15.36 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -3.16 % (2024)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Southern Africa?
- Gross domestic product — value us$, 2015 prices in Southern Africa was 401,475 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Southern Africa?
- The highest recorded value was 401,475 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Southern Africa?
- The lowest recorded value was 109,177 million USD in 1970.
- How does Southern Africa rank for gross domestic product — value us$, 2015 prices?
- Southern Africa ranks 26th out of 29 groups with data for 2024.
- Is gross domestic product — value us$, 2015 prices rising or falling in Southern Africa?
- Over the last ten years it is up 7.5%. The long-run trend across the full record is rising.
- Where does this Southern Africa data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).