Gross value added at basic prices (GVA) (current LCU), annual growth in South Africa

South Africa: Gross value added at basic prices (GVA) (current LCU), annual growth was 3.79 % change on previous year in 2025. ▼ Falling

Latest (2025)
3.79 % change on previous year
Change on year
down 21.4%
World rank
162nd
of 205 countries
All-time high
31.88 % change on previous year
in 1980
All-time low
-0.4407 % change on previous year
in 2020
Years of data
65
1961–2025

Gross value added at basic prices (GVA) (current LCU), annual growth in South Africa, 1961–2025

0102030196119932025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross value added at basic prices (gva) (current lcu), annual growth in South Africa is 3.79 % change on previous year, measured in 2025.

The figure is down 21.4% on the previous year and down 41.8% over ten years.

Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in South Africa peaked at 31.88 % change on previous year in 1980 and was at its lowest, -0.4407 % change on previous year, in 2020.

That places South Africa 162nd out of 205 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 65 years of available data.

Gross value added at basic prices (GVA) (current LCU), annual growth in South Africa, year by year

Annual values for Gross value added at basic prices (GVA) (current LCU), annual growth rate in South Africa, 1961 to 2025.
Year % change on previous year Change
1961 5.84 % change on previous year
1962 6.31 % change on previous year +8.0%
1963 10.55 % change on previous year +67.4%
1964 9.88 % change on previous year -6.4%
1965 9.61 % change on previous year -2.8%
1966 8.75 % change on previous year -8.9%
1967 11.25 % change on previous year +28.5%
1968 8.06 % change on previous year -28.4%
1969 11.63 % change on previous year +44.4%
1970 10.04 % change on previous year -13.6%
1971 10.39 % change on previous year +3.5%
1972 12.81 % change on previous year +23.2%
1973 22.81 % change on previous year +78.1%
1974 22.28 % change on previous year -2.3%
1975 12.69 % change on previous year -43.1%
1976 12.54 % change on previous year -1.1%
1977 9.44 % change on previous year -24.8%
1978 13.33 % change on previous year +41.3%
1979 18.06 % change on previous year +35.5%
1980 31.88 % change on previous year +76.5%
1981 17.07 % change on previous year -46.4%
1982 12.8 % change on previous year -25.0%
1983 15.39 % change on previous year +20.2%
1984 16.2 % change on previous year +5.2%
1985 14.37 % change on previous year -11.3%
1986 16.55 % change on previous year +15.2%
1987 17.41 % change on previous year +5.2%
1988 19.25 % change on previous year +10.6%
1989 19.1 % change on previous year -0.8%
1990 15.5 % change on previous year -18.8%
1991 15.13 % change on previous year -2.4%
1992 13.25 % change on previous year -12.4%
1993 14.15 % change on previous year +6.8%
1994 12.88 % change on previous year -9.0%
1995 14.32 % change on previous year +11.1%
1996 12.89 % change on previous year -9.9%
1997 10.9 % change on previous year -15.5%
1998 8.07 % change on previous year -26.0%
1999 9.34 % change on previous year +15.8%
2000 13.91 % change on previous year +48.9%
2001 10.83 % change on previous year -22.1%
2002 16.86 % change on previous year +55.7%
2003 9.38 % change on previous year -44.4%
2004 9.81 % change on previous year +4.7%
2005 10.56 % change on previous year +7.6%
2006 11.59 % change on previous year +9.8%
2007 14.04 % change on previous year +21.1%
2008 12.09 % change on previous year -13.9%
2009 7.85 % change on previous year -35.1%
2010 9.24 % change on previous year +17.8%
2011 8.34 % change on previous year -9.8%
2012 6.63 % change on previous year -20.4%
2013 8.21 % change on previous year +23.8%
2014 6.75 % change on previous year -17.8%
2015 6.5 % change on previous year -3.7%
2016 7.71 % change on previous year +18.7%
2017 7.08 % change on previous year -8.2%
2018 5.16 % change on previous year -27.1%
2019 4.73 % change on previous year -8.4%
2020 -0.4407 % change on previous year -109.3%
2021 11.05 % change on previous year -2608.5%
2022 7.12 % change on previous year -35.6%
2023 5.52 % change on previous year -22.4%
2024 4.81 % change on previous year -12.8%
2025 3.79 % change on previous year -21.4%

Averages by decade

DecadeAverage LowestHighest Years
1960s 9.1 % change on previous year 5.84 % change on previous year 11.63 % change on previous year 9
1970s 14.44 % change on previous year 9.44 % change on previous year 22.81 % change on previous year 10
1980s 18 % change on previous year 12.8 % change on previous year 31.88 % change on previous year 10
1990s 12.64 % change on previous year 8.07 % change on previous year 15.5 % change on previous year 10
2000s 11.69 % change on previous year 7.85 % change on previous year 16.86 % change on previous year 10
2010s 7.04 % change on previous year 4.73 % change on previous year 9.24 % change on previous year 10
2020s 5.31 % change on previous year -0.4407 % change on previous year 11.05 % change on previous year 6

Countries ranked near South Africa

  1. 159 Micronesia (country) 4.05 % change on previous year compare
  2. 160 Estonia 3.96 % change on previous year compare
  3. 161 Slovakia 3.89 % change on previous year compare
  4. 163 Bahrain 3.77 % change on previous year compare
  5. 164 Australia 3.62 % change on previous year compare
  6. 165 Belgium 3.57 % change on previous year compare

See the full ranking of 206 places →

More economy & growth data for South Africa

All data for South Africa →

Frequently asked questions

What is gross value added at basic prices (gva) (current lcu), annual growth in South Africa?
Gross value added at basic prices (gva) (current lcu), annual growth in South Africa was 3.79 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in South Africa?
The highest recorded value was 31.88 % change on previous year in 1980.
What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in South Africa?
The lowest recorded value was -0.4407 % change on previous year in 2020.
How does South Africa rank for gross value added at basic prices (gva) (current lcu), annual growth?
South Africa ranks 162nd out of 205 countries with data for 2025.
Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in South Africa?
Over the last ten years it is down 41.8%. The long-run trend across the full record is falling.
Where does this South Africa data come from?
The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (current LCU), annual growth in South Africa. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-lcu-annual-growth-rate/south-africa/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-lcu-annual-growth-rate/south-africa/">Gross value added at basic prices (GVA) (current LCU), annual growth in South Africa</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross value added at basic prices (GVA) (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
206 places, 8,871 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.