Gross value added at basic prices (GVA) (constant 2015 US$) in South Africa
South Africa: Gross value added at basic prices (GVA) was 334.00 billion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
334.00 billion constant 2015 US$
Change on year
up 1.2%
World rank
40th
of 194 countries
All-time high
334.00 billion constant 2015 US$
in 2025
All-time low
60.95 billion constant 2015 US$
in 1960
Years of data
66
1960–2025
Gross value added at basic prices (GVA) in South Africa, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in South Africa is 334.00 billion constant 2015 US$, measured in 2025. That is the highest value across all 66 years on record.
The figure is up 1.2% on the previous year and up 7.0% over ten years.
Over the whole period, gross value added at basic prices (gva) in South Africa peaked at 334.00 billion constant 2015 US$ in 2025 and was at its lowest, 60.95 billion constant 2015 US$, in 1960.
That places South Africa 40th out of 194 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 66 years of available data.
Gross value added at basic prices (GVA) in South Africa, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 60.95 billion constant 2015 US$ | — |
| 1961 | 63.36 billion constant 2015 US$ | +4.0% |
| 1962 | 67.24 billion constant 2015 US$ | +6.1% |
| 1963 | 71.73 billion constant 2015 US$ | +6.7% |
| 1964 | 76.89 billion constant 2015 US$ | +7.2% |
| 1965 | 81.34 billion constant 2015 US$ | +5.8% |
| 1966 | 84.94 billion constant 2015 US$ | +4.4% |
| 1967 | 89.93 billion constant 2015 US$ | +5.9% |
| 1968 | 94.14 billion constant 2015 US$ | +4.7% |
| 1969 | 99.42 billion constant 2015 US$ | +5.6% |
| 1970 | 104.55 billion constant 2015 US$ | +5.2% |
| 1971 | 109.12 billion constant 2015 US$ | +4.4% |
| 1972 | 111.23 billion constant 2015 US$ | +1.9% |
| 1973 | 115.47 billion constant 2015 US$ | +3.8% |
| 1974 | 121.68 billion constant 2015 US$ | +5.4% |
| 1975 | 124.12 billion constant 2015 US$ | +2.0% |
| 1976 | 127.68 billion constant 2015 US$ | +2.9% |
| 1977 | 127.65 billion constant 2015 US$ | -0.0% |
| 1978 | 131.29 billion constant 2015 US$ | +2.8% |
| 1979 | 136.44 billion constant 2015 US$ | +3.9% |
| 1980 | 144.82 billion constant 2015 US$ | +6.1% |
| 1981 | 152.08 billion constant 2015 US$ | +5.0% |
| 1982 | 151.04 billion constant 2015 US$ | -0.7% |
| 1983 | 147.75 billion constant 2015 US$ | -2.2% |
| 1984 | 155.48 billion constant 2015 US$ | +5.2% |
| 1985 | 154.92 billion constant 2015 US$ | -0.4% |
| 1986 | 154.93 billion constant 2015 US$ | +0.0% |
| 1987 | 157.36 billion constant 2015 US$ | +1.6% |
| 1988 | 163.34 billion constant 2015 US$ | +3.8% |
| 1989 | 167.34 billion constant 2015 US$ | +2.5% |
| 1990 | 166.08 billion constant 2015 US$ | -0.8% |
| 1991 | 164.22 billion constant 2015 US$ | -1.1% |
| 1992 | 160.59 billion constant 2015 US$ | -2.2% |
| 1993 | 162.83 billion constant 2015 US$ | +1.4% |
| 1994 | 167.72 billion constant 2015 US$ | +3.0% |
| 1995 | 172.75 billion constant 2015 US$ | +3.0% |
| 1996 | 180.01 billion constant 2015 US$ | +4.2% |
| 1997 | 184.69 billion constant 2015 US$ | +2.6% |
| 1998 | 185.98 billion constant 2015 US$ | +0.7% |
| 1999 | 191.00 billion constant 2015 US$ | +2.7% |
| 2000 | 199.41 billion constant 2015 US$ | +4.4% |
| 2001 | 205.19 billion constant 2015 US$ | +2.9% |
| 2002 | 212.99 billion constant 2015 US$ | +3.8% |
| 2003 | 219.34 billion constant 2015 US$ | +3.0% |
| 2004 | 229.20 billion constant 2015 US$ | +4.5% |
| 2005 | 241.38 billion constant 2015 US$ | +5.3% |
| 2006 | 254.72 billion constant 2015 US$ | +5.5% |
| 2007 | 268.50 billion constant 2015 US$ | +5.4% |
| 2008 | 277.32 billion constant 2015 US$ | +3.3% |
| 2009 | 273.36 billion constant 2015 US$ | -1.4% |
| 2010 | 281.34 billion constant 2015 US$ | +2.9% |
| 2011 | 290.03 billion constant 2015 US$ | +3.1% |
| 2012 | 296.62 billion constant 2015 US$ | +2.3% |
| 2013 | 304.06 billion constant 2015 US$ | +2.5% |
| 2014 | 308.73 billion constant 2015 US$ | +1.5% |
| 2015 | 312.28 billion constant 2015 US$ | +1.1% |
| 2016 | 314.86 billion constant 2015 US$ | +0.8% |
| 2017 | 318.51 billion constant 2015 US$ | +1.2% |
| 2018 | 323.73 billion constant 2015 US$ | +1.6% |
| 2019 | 324.44 billion constant 2015 US$ | +0.2% |
| 2020 | 305.67 billion constant 2015 US$ | -5.8% |
| 2021 | 319.93 billion constant 2015 US$ | +4.7% |
| 2022 | 326.06 billion constant 2015 US$ | +1.9% |
| 2023 | 328.21 billion constant 2015 US$ | +0.7% |
| 2024 | 330.12 billion constant 2015 US$ | +0.6% |
| 2025 | 334.00 billion constant 2015 US$ | +1.2% |
South Africa compared with similar countries
- South Africa's 334.00 billion constant 2015 US$ is above the median for upper middle income countries, which is 45.40 billion constant 2015 US$, 7.4× the median. (57 countries reporting)
- South Africa's 334.00 billion constant 2015 US$ is above the median for Sub-Saharan Africa, which is 16.24 billion constant 2015 US$, 20.6× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 78.99 billion constant 2015 US$ | 60.95 billion constant 2015 US$ | 99.42 billion constant 2015 US$ | 10 |
| 1970s | 120.92 billion constant 2015 US$ | 104.55 billion constant 2015 US$ | 136.44 billion constant 2015 US$ | 10 |
| 1980s | 154.91 billion constant 2015 US$ | 144.82 billion constant 2015 US$ | 167.34 billion constant 2015 US$ | 10 |
| 1990s | 173.59 billion constant 2015 US$ | 160.59 billion constant 2015 US$ | 191.00 billion constant 2015 US$ | 10 |
| 2000s | 238.14 billion constant 2015 US$ | 199.41 billion constant 2015 US$ | 277.32 billion constant 2015 US$ | 10 |
| 2010s | 307.46 billion constant 2015 US$ | 281.34 billion constant 2015 US$ | 324.44 billion constant 2015 US$ | 10 |
| 2020s | 324.00 billion constant 2015 US$ | 305.67 billion constant 2015 US$ | 334.00 billion constant 2015 US$ | 6 |
Countries ranked near South Africa
- 37 Bangladesh 337.32 billion constant 2015 US$ compare
- 38 Hong Kong 335.83 billion constant 2015 US$ compare
- 39 Colombia 335.09 billion constant 2015 US$ compare
- 41 Denmark 329.89 billion constant 2015 US$ compare
- 42 Chile 266.52 billion constant 2015 US$ compare
- 43 Kazakhstan 246.80 billion constant 2015 US$ compare
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in South Africa?
- Gross value added at basic prices (gva) in South Africa was 334.00 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in South Africa?
- The highest recorded value was 334.00 billion constant 2015 US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in South Africa?
- The lowest recorded value was 60.95 billion constant 2015 US$ in 1960.
- How does South Africa rank for gross value added at basic prices (gva)?
- South Africa ranks 40th out of 194 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in South Africa?
- Over the last ten years it is up 7.0%. The long-run trend across the full record is rising.
- Where does this South Africa data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.