Gross value added at basic prices (GVA) (constant LCU) in South Africa
South Africa: Gross value added at basic prices (GVA) (constant LCU) was 4.26 trillion constant LCU in 2025. ▲ Rising
Latest (2025)
4.26 trillion constant LCU
Change on year
up 1.2%
World rank
58th
of 198 countries
All-time high
4.26 trillion constant LCU
in 2025
All-time low
777.10 billion constant LCU
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 Offices (NSOs). Measured in constant LCU.
Analysis
South Africa recorded 4.26 trillion constant LCU for gross value added at basic prices (gva) 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 4.26 trillion constant LCU in 2025 and was at its lowest, 777.10 billion constant LCU, in 1960.
South Africa ranks 58th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Gross value added at basic prices (GVA) (constant LCU) in South Africa, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1960 | 777.10 billion constant LCU | — |
| 1961 | 807.83 billion constant LCU | +4.0% |
| 1962 | 857.36 billion constant LCU | +6.1% |
| 1963 | 914.63 billion constant LCU | +6.7% |
| 1964 | 980.43 billion constant LCU | +7.2% |
| 1965 | 1.04 trillion constant LCU | +5.8% |
| 1966 | 1.08 trillion constant LCU | +4.4% |
| 1967 | 1.15 trillion constant LCU | +5.9% |
| 1968 | 1.20 trillion constant LCU | +4.7% |
| 1969 | 1.27 trillion constant LCU | +5.6% |
| 1970 | 1.33 trillion constant LCU | +5.2% |
| 1971 | 1.39 trillion constant LCU | +4.4% |
| 1972 | 1.42 trillion constant LCU | +1.9% |
| 1973 | 1.47 trillion constant LCU | +3.8% |
| 1974 | 1.55 trillion constant LCU | +5.4% |
| 1975 | 1.58 trillion constant LCU | +2.0% |
| 1976 | 1.63 trillion constant LCU | +2.9% |
| 1977 | 1.63 trillion constant LCU | -0.0% |
| 1978 | 1.67 trillion constant LCU | +2.9% |
| 1979 | 1.74 trillion constant LCU | +3.9% |
| 1980 | 1.85 trillion constant LCU | +6.1% |
| 1981 | 1.94 trillion constant LCU | +5.0% |
| 1982 | 1.93 trillion constant LCU | -0.7% |
| 1983 | 1.88 trillion constant LCU | -2.2% |
| 1984 | 1.98 trillion constant LCU | +5.2% |
| 1985 | 1.98 trillion constant LCU | -0.4% |
| 1986 | 1.98 trillion constant LCU | +0.0% |
| 1987 | 2.01 trillion constant LCU | +1.6% |
| 1988 | 2.08 trillion constant LCU | +3.8% |
| 1989 | 2.13 trillion constant LCU | +2.5% |
| 1990 | 2.12 trillion constant LCU | -0.8% |
| 1991 | 2.09 trillion constant LCU | -1.1% |
| 1992 | 2.05 trillion constant LCU | -2.2% |
| 1993 | 2.08 trillion constant LCU | +1.4% |
| 1994 | 2.14 trillion constant LCU | +3.0% |
| 1995 | 2.20 trillion constant LCU | +3.0% |
| 1996 | 2.30 trillion constant LCU | +4.2% |
| 1997 | 2.35 trillion constant LCU | +2.6% |
| 1998 | 2.37 trillion constant LCU | +0.7% |
| 1999 | 2.44 trillion constant LCU | +2.7% |
| 2000 | 2.54 trillion constant LCU | +4.4% |
| 2001 | 2.62 trillion constant LCU | +2.9% |
| 2002 | 2.72 trillion constant LCU | +3.8% |
| 2003 | 2.80 trillion constant LCU | +3.0% |
| 2004 | 2.92 trillion constant LCU | +4.5% |
| 2005 | 3.08 trillion constant LCU | +5.3% |
| 2006 | 3.25 trillion constant LCU | +5.5% |
| 2007 | 3.42 trillion constant LCU | +5.4% |
| 2008 | 3.54 trillion constant LCU | +3.3% |
| 2009 | 3.49 trillion constant LCU | -1.4% |
| 2010 | 3.59 trillion constant LCU | +2.9% |
| 2011 | 3.70 trillion constant LCU | +3.1% |
| 2012 | 3.78 trillion constant LCU | +2.3% |
| 2013 | 3.88 trillion constant LCU | +2.5% |
| 2014 | 3.94 trillion constant LCU | +1.5% |
| 2015 | 3.98 trillion constant LCU | +1.1% |
| 2016 | 4.01 trillion constant LCU | +0.8% |
| 2017 | 4.06 trillion constant LCU | +1.2% |
| 2018 | 4.13 trillion constant LCU | +1.6% |
| 2019 | 4.14 trillion constant LCU | +0.2% |
| 2020 | 3.90 trillion constant LCU | -5.8% |
| 2021 | 4.08 trillion constant LCU | +4.7% |
| 2022 | 4.16 trillion constant LCU | +1.9% |
| 2023 | 4.18 trillion constant LCU | +0.7% |
| 2024 | 4.21 trillion constant LCU | +0.6% |
| 2025 | 4.26 trillion constant LCU | +1.2% |
South Africa compared with similar countries
- South Africa's 4.26 trillion constant LCU is above the median for upper middle income countries, which is 504.09 billion constant LCU, 8.4× the median. (57 countries reporting)
- South Africa's 4.26 trillion constant LCU is above the median for Sub-Saharan Africa, which is 3.55 trillion constant LCU, 1.2× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.01 trillion constant LCU | 777.10 billion constant LCU | 1.27 trillion constant LCU | 10 |
| 1970s | 1.54 trillion constant LCU | 1.33 trillion constant LCU | 1.74 trillion constant LCU | 10 |
| 1980s | 1.98 trillion constant LCU | 1.85 trillion constant LCU | 2.13 trillion constant LCU | 10 |
| 1990s | 2.21 trillion constant LCU | 2.05 trillion constant LCU | 2.44 trillion constant LCU | 10 |
| 2000s | 3.04 trillion constant LCU | 2.54 trillion constant LCU | 3.54 trillion constant LCU | 10 |
| 2010s | 3.92 trillion constant LCU | 3.59 trillion constant LCU | 4.14 trillion constant LCU | 10 |
| 2020s | 4.13 trillion constant LCU | 3.90 trillion constant LCU | 4.26 trillion constant LCU | 6 |
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)
- 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 4.26 trillion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in South Africa?
- The highest recorded value was 4.26 trillion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in South Africa?
- The lowest recorded value was 777.10 billion constant LCU in 1960.
- How does South Africa rank for gross value added at basic prices (gva)?
- South Africa ranks 58th out of 198 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). 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 varies by country. This series is expressed in local currency units.