Value added, services and etc growth rate in South Africa
South Africa: Value added, services and etc growth rate was 3.6% in 2011. ◆ Volatile
Value added, services and etc growth rate in South Africa, 1961–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in %.
Analysis
South Africa recorded 3.6% for value added, services and etc growth rate in 2011.
That represents a change of up 112.4% on the previous year and down 27.2% over ten years.
Over the whole period, value added, services and etc growth rate in South Africa peaked at 8.8% in 2000 and was at its lowest, -1.9%, in 2006.
South Africa ranks 36th of 49 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value added, services and etc growth rate in South Africa, year by year
| Year | % | Change |
|---|---|---|
| 1961 | 3.3% | — |
| 1962 | 5.4% | +62.3% |
| 1963 | 6.6% | +21.9% |
| 1964 | 6.7% | +2.0% |
| 1965 | 3.9% | -42.5% |
| 1966 | 4.2% | +7.7% |
| 1967 | 6.9% | +64.4% |
| 1968 | 5.9% | -14.4% |
| 1969 | 5.3% | -9.7% |
| 1970 | 5.4% | +1.2% |
| 1971 | 5.2% | -3.4% |
| 1972 | 3.1% | -40.7% |
| 1973 | 4.7% | +51.9% |
| 1974 | 7.2% | +53.5% |
| 1975 | 3.7% | -48.8% |
| 1976 | 2.8% | -24.9% |
| 1977 | 0.3% | -90.0% |
| 1978 | 2.6% | +850.4% |
| 1979 | 3.2% | +23.9% |
| 1980 | 7.0% | +116.0% |
| 1981 | 4.5% | -36.2% |
| 1982 | 1.3% | -71.6% |
| 1983 | -1.6% | -229.4% |
| 1984 | 4.9% | -399.1% |
| 1985 | -0.3% | -106.6% |
| 1986 | 0.8% | -346.0% |
| 1987 | 2.9% | +259.9% |
| 1988 | 3.3% | +14.2% |
| 1989 | 2.3% | -29.6% |
| 1990 | -0.0% | -101.2% |
| 1991 | -0.0% | -11.4% |
| 1992 | -1.0% | +4088.2% |
| 1993 | 1.0% | -203.0% |
| 1994 | 3.2% | +206.6% |
| 1995 | 4.3% | +34.1% |
| 1996 | 5.0% | +16.4% |
| 1997 | 2.8% | -44.5% |
| 1998 | 2.0% | -28.2% |
| 1999 | 4.0% | +102.8% |
| 2000 | 8.8% | +118.9% |
| 2001 | 5.0% | -43.3% |
| 2002 | 3.0% | -39.1% |
| 2003 | 6.4% | +111.2% |
| 2004 | 5.8% | -9.3% |
| 2005 | 5.8% | -0.5% |
| 2006 | -1.9% | -133.0% |
| 2007 | 6.1% | -421.5% |
| 2008 | 4.6% | -25.3% |
| 2009 | 1.5% | -67.2% |
| 2010 | 1.7% | +13.5% |
| 2011 | 3.6% | +112.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.4% | 3.3% | 6.9% | 9 |
| 1970s | 3.8% | 0.3% | 7.2% | 10 |
| 1980s | 2.5% | -1.6% | 7.0% | 10 |
| 1990s | 2.1% | -1.0% | 5.0% | 10 |
| 2000s | 4.5% | -1.9% | 8.8% | 10 |
| 2010s | 2.7% | 1.7% | 3.6% | 2 |
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)
- Manufacturing, value added (constant LCU), per capita 7,985 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 5.53 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2409 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 1,589 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 2.99 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 4.31 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 28,432 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) -1.57 % change on previous year (2025)
Frequently asked questions
- What is value added, services and etc growth rate in South Africa?
- Value added, services and etc growth rate in South Africa was 3.6% in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest value added, services and etc growth rate recorded in South Africa?
- The highest recorded value was 8.8% in 2000.
- What is the lowest value added, services and etc growth rate recorded in South Africa?
- The lowest recorded value was -1.9% in 2006.
- How does South Africa rank for value added, services and etc growth rate?
- South Africa ranks 36th out of 49 countries with data for 2011.
- Is value added, services and etc growth rate rising or falling in South Africa?
- Over the last ten years it is down 27.2%. The long-run trend across the full record is volatile.
- Where does this South Africa data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Value added, services and etc growth rate (%). Statizoid updates them automatically from the source API.
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About this data
This is the annual rate of growth of value added in services. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 2.