Gross value added at basic prices (GVA) in South Africa
South Africa: Gross value added at basic prices (GVA) was 384.40 billion current US$ in 2025. ◆ Volatile
Latest (2025)
384.40 billion current US$
Change on year
up 6.3%
World rank
39th
of 207 countries
All-time high
418.00 billion current US$
in 2011
All-time low
8.37 billion current 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 Offices (NSOs). Measured in current US$.
Analysis
South Africa recorded 384.40 billion current US$ for gross value added at basic prices (gva) in 2025.
That represents a change of up 6.3% on the previous year and up 23.1% over ten years.
Over the whole period, gross value added at basic prices (gva) in South Africa peaked at 418.00 billion current US$ in 2011 and was at its lowest, 8.37 billion current US$, in 1960.
That places South Africa 39th out of 207 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in South Africa, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 8.37 billion current US$ | — |
| 1961 | 8.86 billion current US$ | +5.8% |
| 1962 | 9.42 billion current US$ | +6.3% |
| 1963 | 10.41 billion current US$ | +10.6% |
| 1964 | 11.44 billion current US$ | +9.9% |
| 1965 | 12.54 billion current US$ | +9.6% |
| 1966 | 13.64 billion current US$ | +8.8% |
| 1967 | 15.17 billion current US$ | +11.3% |
| 1968 | 16.39 billion current US$ | +8.1% |
| 1969 | 18.30 billion current US$ | +11.6% |
| 1970 | 20.14 billion current US$ | +10.0% |
| 1971 | 22.20 billion current US$ | +10.2% |
| 1972 | 23.30 billion current US$ | +5.0% |
| 1973 | 31.70 billion current US$ | +36.0% |
| 1974 | 39.59 billion current US$ | +24.9% |
| 1975 | 40.99 billion current US$ | +3.5% |
| 1976 | 39.23 billion current US$ | -4.3% |
| 1977 | 42.94 billion current US$ | +9.4% |
| 1978 | 48.66 billion current US$ | +13.3% |
| 1979 | 59.33 billion current US$ | +21.9% |
| 1980 | 84.59 billion current US$ | +42.6% |
| 1981 | 87.88 billion current US$ | +3.9% |
| 1982 | 80.12 billion current US$ | -8.8% |
| 1983 | 90.11 billion current US$ | +12.5% |
| 1984 | 79.07 billion current US$ | -12.3% |
| 1985 | 59.86 billion current US$ | -24.3% |
| 1986 | 68.05 billion current US$ | +13.7% |
| 1987 | 89.66 billion current US$ | +31.8% |
| 1988 | 95.75 billion current US$ | +6.8% |
| 1989 | 98.86 billion current US$ | +3.2% |
| 1990 | 115.74 billion current US$ | +17.1% |
| 1991 | 124.86 billion current US$ | +7.9% |
| 1992 | 136.90 billion current US$ | +9.6% |
| 1993 | 136.40 billion current US$ | -0.4% |
| 1994 | 141.69 billion current US$ | +3.9% |
| 1995 | 158.57 billion current US$ | +11.9% |
| 1996 | 151.03 billion current US$ | -4.8% |
| 1997 | 156.27 billion current US$ | +3.5% |
| 1998 | 140.76 billion current US$ | -9.9% |
| 1999 | 139.27 billion current US$ | -1.1% |
| 2000 | 139.66 billion current US$ | +0.3% |
| 2001 | 124.77 billion current US$ | -10.7% |
| 2002 | 119.09 billion current US$ | -4.6% |
| 2003 | 181.50 billion current US$ | +52.4% |
| 2004 | 233.41 billion current US$ | +28.6% |
| 2005 | 262.13 billion current US$ | +12.3% |
| 2006 | 274.72 billion current US$ | +4.8% |
| 2007 | 301.12 billion current US$ | +9.6% |
| 2008 | 287.84 billion current US$ | -4.4% |
| 2009 | 302.64 billion current US$ | +5.1% |
| 2010 | 382.67 billion current US$ | +26.4% |
| 2011 | 418.00 billion current US$ | +9.2% |
| 2012 | 394.22 billion current US$ | -5.7% |
| 2013 | 362.93 billion current US$ | -7.9% |
| 2014 | 344.77 billion current US$ | -5.0% |
| 2015 | 312.28 billion current US$ | -9.4% |
| 2016 | 291.58 billion current US$ | -6.6% |
| 2017 | 344.96 billion current US$ | +18.3% |
| 2018 | 364.94 billion current US$ | +5.8% |
| 2019 | 350.08 billion current US$ | -4.1% |
| 2020 | 305.96 billion current US$ | -12.6% |
| 2021 | 378.42 billion current US$ | +23.7% |
| 2022 | 366.26 billion current US$ | -3.2% |
| 2023 | 342.61 billion current US$ | -6.5% |
| 2024 | 361.49 billion current US$ | +5.5% |
| 2025 | 384.40 billion current US$ | +6.3% |
South Africa compared with similar countries
- South Africa's 384.40 billion current US$ is above the median for upper middle income countries, which is 39.41 billion current US$, 9.8× the median. (58 countries reporting)
- South Africa's 384.40 billion current US$ is above the median for Sub-Saharan Africa, which is 18.79 billion current US$, 20.5× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 12.45 billion current US$ | 8.37 billion current US$ | 18.30 billion current US$ | 10 |
| 1970s | 36.81 billion current US$ | 20.14 billion current US$ | 59.33 billion current US$ | 10 |
| 1980s | 83.39 billion current US$ | 59.86 billion current US$ | 98.86 billion current US$ | 10 |
| 1990s | 140.15 billion current US$ | 115.74 billion current US$ | 158.57 billion current US$ | 10 |
| 2000s | 222.69 billion current US$ | 119.09 billion current US$ | 302.64 billion current US$ | 10 |
| 2010s | 356.64 billion current US$ | 291.58 billion current US$ | 418.00 billion current US$ | 10 |
| 2020s | 356.52 billion current US$ | 305.96 billion current US$ | 384.40 billion current US$ | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0094 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -61.95 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -2.16 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -192.73 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0051 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -33.37 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 16.18 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in South Africa?
- Gross value added at basic prices (gva) in South Africa was 384.40 billion current US$ 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 418.00 billion current US$ in 2011.
- What is the lowest gross value added at basic prices (gva) recorded in South Africa?
- The lowest recorded value was 8.37 billion current US$ in 1960.
- How does South Africa rank for gross value added at basic prices (gva)?
- South Africa ranks 39th out of 207 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 23.1%. The long-run trend across the full record is volatile.
- 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) (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.