Gross Domestic Product — Value US$ in South Africa

South Africa: Gross Domestic Product — Value US$ was 397,193 million USD in 2024. ◆ Volatile

Latest (2024)
397,193 million USD
Change on year
up 5.1%
World rank
38th
of 203 countries
All-time high
458,200 million USD
in 2011
All-time low
18,656 million USD
in 1970
Years of data
55
1970–2024

Gross Domestic Product — Value US$ in South Africa, 1970–2024

0100.0k200.0k300.0k400.0k500.0k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

South Africa recorded 397,193 million USD for gross domestic product — value us$ in 2024.

That represents a change of up 5.1% on the previous year and up 4.3% over ten years.

Over the whole period, gross domestic product — value us$ in South Africa peaked at 458,200 million USD in 2011 and was at its lowest, 18,656 million USD, in 1970.

South Africa ranks 38th of 203 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Domestic Product — Value US$ in South Africa, year by year

Annual values for Gross Domestic Product — Value US$ in South Africa, 1970 to 2024.
Year million USD Change
1970 18,656 million USD
1971 20,591 million USD +10.4%
1972 21,621 million USD +5.0%
1973 29,635 million USD +37.1%
1974 37,223 million USD +25.6%
1975 38,493 million USD +3.4%
1976 36,959 million USD -4.0%
1977 41,048 million USD +11.1%
1978 47,224 million USD +15.0%
1979 58,276 million USD +23.4%
1980 83,912 million USD +44.0%
1981 86,252 million USD +2.8%
1982 79,121 million USD -8.3%
1983 88,230 million USD +11.5%
1984 78,094 million USD -11.5%
1985 59,648 million USD -23.6%
1986 68,115 million USD +14.2%
1987 89,366 million USD +31.2%
1988 96,056 million USD +7.5%
1989 99,975 million USD +4.1%
1990 116,699 million USD +16.7%
1991 128,645 million USD +10.2%
1992 143,433 million USD +11.5%
1993 147,195 million USD +2.6%
1994 153,513 million USD +4.3%
1995 171,736 million USD +11.9%
1996 163,235 million USD -5.0%
1997 168,978 million USD +3.5%
1998 152,983 million USD -9.5%
1999 151,517 million USD -1.0%
2000 151,753 million USD +0.2%
2001 135,430 million USD -10.8%
2002 129,088 million USD -4.7%
2003 197,019 million USD +52.6%
2004 255,807 million USD +29.8%
2005 288,867 million USD +12.9%
2006 303,859 million USD +5.2%
2007 333,077 million USD +9.6%
2008 316,131 million USD -5.1%
2009 329,754 million USD +4.3%
2010 417,364 million USD +26.6%
2011 458,200 million USD +9.8%
2012 434,397 million USD -5.2%
2013 400,684 million USD -7.8%
2014 380,909 million USD -4.9%
2015 346,486 million USD -9.0%
2016 323,568 million USD -6.6%
2017 381,137 million USD +17.8%
2018 405,261 million USD +6.3%
2019 389,330 million USD -3.9%
2020 338,291 million USD -13.1%
2021 420,118 million USD +24.2%
2022 405,271 million USD -3.5%
2023 377,782 million USD -6.8%
2024 397,193 million USD +5.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 34,973 million USD 18,656 million USD 58,276 million USD 10
1980s 82,877 million USD 59,648 million USD 99,975 million USD 10
1990s 149,793 million USD 116,699 million USD 171,736 million USD 10
2000s 244,078 million USD 129,088 million USD 333,077 million USD 10
2010s 393,734 million USD 323,568 million USD 458,200 million USD 10
2020s 387,731 million USD 338,291 million USD 420,118 million USD 5

Countries ranked near South Africa

  1. 35 Malaysia 421,912 million USD compare
  2. 36 Colombia 415,398 million USD compare
  3. 37 China, Hong Kong SAR 406,835 million USD compare
  4. 39 Romania 382,770 million USD compare
  5. 40 Pakistan 379,662 million USD compare
  6. 41 Zimbabwe 369,182 million USD compare

See the full ranking of 252 places →

More economy & growth data for South Africa

All data for South Africa →

Frequently asked questions

What is gross domestic product — value us$ in South Africa?
Gross domestic product — value us$ in South Africa was 397,193 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross domestic product — value us$ recorded in South Africa?
The highest recorded value was 458,200 million USD in 2011.
What is the lowest gross domestic product — value us$ recorded in South Africa?
The lowest recorded value was 18,656 million USD in 1970.
How does South Africa rank for gross domestic product — value us$?
South Africa ranks 38th out of 203 countries with data for 2024.
Is gross domestic product — value us$ rising or falling in South Africa?
Over the last ten years it is up 4.3%. The long-run trend across the full record is volatile.
Where does this South 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$. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$ in South Africa. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 31 August 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us/south-africa/

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About this data

Indicator
Gross Domestic Product — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,899 data points, 1970–2024
Last refreshed

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).