Gross Domestic Product — Value US$ in South Africa
South Africa: Gross Domestic Product — Value US$ was 397,193 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in South Africa, 1970–2024
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
| 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
| Decade | Average | Lowest | Highest | 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
More economy & growth data for South Africa
- 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)
- Services, value added (current US$), annual growth rate 6.62 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6307 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 4,161 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 4.06 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 11.28 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 74,434 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 0 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5809 constant 2015 US$ per US$ of GDP (2025)
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.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).