Services, value added (constant LCU) in South Africa
South Africa: Services, value added (constant LCU) was 3.16 trillion constant LCU in 2025. ◆ Volatile
Services, value added in South Africa, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, services, value added in South Africa stood at 3.16 trillion constant LCU. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 11.7% over ten years.
Over the whole period, services, value added in South Africa peaked at 3.16 trillion constant LCU in 2025 and was at its lowest, 402.47 billion constant LCU, in 1960.
That places South Africa 55th out of 199 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant LCU) in South Africa, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1960 | 402.47 billion constant LCU | — |
| 1961 | 415.50 billion constant LCU | +3.2% |
| 1962 | 436.54 billion constant LCU | +5.1% |
| 1963 | 459.27 billion constant LCU | +5.2% |
| 1964 | 486.27 billion constant LCU | +5.9% |
| 1965 | 514.99 billion constant LCU | +5.9% |
| 1966 | 534.33 billion constant LCU | +3.8% |
| 1967 | 567.68 billion constant LCU | +6.2% |
| 1968 | 611.45 billion constant LCU | +7.7% |
| 1969 | 642.85 billion constant LCU | +5.1% |
| 1970 | 682.00 billion constant LCU | +6.1% |
| 1971 | 715.36 billion constant LCU | +4.9% |
| 1972 | 741.93 billion constant LCU | +3.7% |
| 1973 | 784.75 billion constant LCU | +5.8% |
| 1974 | 839.20 billion constant LCU | +6.9% |
| 1975 | 881.45 billion constant LCU | +5.0% |
| 1976 | 906.71 billion constant LCU | +2.9% |
| 1977 | 904.61 billion constant LCU | -0.2% |
| 1978 | 924.31 billion constant LCU | +2.2% |
| 1979 | 952.04 billion constant LCU | +3.0% |
| 1980 | 1.01 trillion constant LCU | +6.4% |
| 1981 | 1.07 trillion constant LCU | +5.2% |
| 1982 | 1.08 trillion constant LCU | +1.3% |
| 1983 | 1.10 trillion constant LCU | +2.2% |
| 1984 | 1.17 trillion constant LCU | +5.8% |
| 1985 | 1.17 trillion constant LCU | -0.2% |
| 1986 | 1.17 trillion constant LCU | +0.7% |
| 1987 | 1.21 trillion constant LCU | +3.4% |
| 1988 | 1.25 trillion constant LCU | +3.2% |
| 1989 | 1.28 trillion constant LCU | +2.0% |
| 1990 | 1.29 trillion constant LCU | +0.6% |
| 1991 | 1.29 trillion constant LCU | +0.2% |
| 1992 | 1.29 trillion constant LCU | -0.1% |
| 1993 | 1.30 trillion constant LCU | +0.7% |
| 1994 | 1.34 trillion constant LCU | +3.4% |
| 1995 | 1.40 trillion constant LCU | +4.7% |
| 1996 | 1.46 trillion constant LCU | +4.2% |
| 1997 | 1.50 trillion constant LCU | +2.3% |
| 1998 | 1.54 trillion constant LCU | +3.0% |
| 1999 | 1.61 trillion constant LCU | +4.4% |
| 2000 | 1.68 trillion constant LCU | +4.6% |
| 2001 | 1.74 trillion constant LCU | +3.8% |
| 2002 | 1.82 trillion constant LCU | +4.1% |
| 2003 | 1.90 trillion constant LCU | +4.5% |
| 2004 | 1.98 trillion constant LCU | +4.4% |
| 2005 | 2.09 trillion constant LCU | +5.3% |
| 2006 | 2.22 trillion constant LCU | +6.3% |
| 2007 | 2.35 trillion constant LCU | +6.1% |
| 2008 | 2.45 trillion constant LCU | +4.0% |
| 2009 | 2.45 trillion constant LCU | +0.3% |
| 2010 | 2.50 trillion constant LCU | +1.7% |
| 2011 | 2.59 trillion constant LCU | +3.7% |
| 2012 | 2.66 trillion constant LCU | +2.9% |
| 2013 | 2.73 trillion constant LCU | +2.7% |
| 2014 | 2.79 trillion constant LCU | +2.0% |
| 2015 | 2.83 trillion constant LCU | +1.6% |
| 2016 | 2.88 trillion constant LCU | +1.6% |
| 2017 | 2.91 trillion constant LCU | +1.1% |
| 2018 | 2.97 trillion constant LCU | +2.1% |
| 2019 | 3.00 trillion constant LCU | +1.0% |
| 2020 | 2.87 trillion constant LCU | -4.4% |
| 2021 | 2.99 trillion constant LCU | +4.0% |
| 2022 | 3.09 trillion constant LCU | +3.4% |
| 2023 | 3.13 trillion constant LCU | +1.2% |
| 2024 | 3.16 trillion constant LCU | +1.2% |
| 2025 | 3.16 trillion constant LCU | +0.0% |
South Africa compared with similar countries
- South Africa's 3.16 trillion constant LCU is above the median for upper middle income countries, which is 353.44 billion constant LCU, 9.0× the median. (58 countries reporting)
- South Africa's 3.16 trillion constant LCU is above the median for Sub-Saharan Africa, which is 1.66 trillion constant LCU, 1.9× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 507.13 billion constant LCU | 402.47 billion constant LCU | 642.85 billion constant LCU | 10 |
| 1970s | 833.23 billion constant LCU | 682.00 billion constant LCU | 952.04 billion constant LCU | 10 |
| 1980s | 1.15 trillion constant LCU | 1.01 trillion constant LCU | 1.28 trillion constant LCU | 10 |
| 1990s | 1.40 trillion constant LCU | 1.29 trillion constant LCU | 1.61 trillion constant LCU | 10 |
| 2000s | 2.07 trillion constant LCU | 1.68 trillion constant LCU | 2.45 trillion constant LCU | 10 |
| 2010s | 2.79 trillion constant LCU | 2.50 trillion constant LCU | 3.00 trillion constant LCU | 10 |
| 2020s | 3.07 trillion constant LCU | 2.87 trillion constant LCU | 3.16 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 services, value added in South Africa?
- Services, value added in South Africa was 3.16 trillion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in South Africa?
- The highest recorded value was 3.16 trillion constant LCU in 2025.
- What is the lowest services, value added recorded in South Africa?
- The lowest recorded value was 402.47 billion constant LCU in 1960.
- How does South Africa rank for services, value added?
- South Africa ranks 55th out of 199 countries with data for 2025.
- Is services, value added rising or falling in South Africa?
- Over the last ten years it is up 11.7%. 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 Services, value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.