In 2024, projections show that ***** out of the **** African regions will have an increased growth margin as a share of Gross Domestic Product (GDP) compared to 2023, showing hope for economic recovery post-COVID-19 restrictions. In 2023, the region of East Africa is projected to have the highest share of GDP growth in Africa. It will have an estimated **** percent growth rate. Furthermore, compared to the 2022 projections, 2023 showed decreased growth rate, with the exception of West Africa. However, the growth rate may now be decreasing in 2023 compared to 2022 projections due to a number of factors, including a decrease in government stimulus, ongoing uncertainty related to the pandemic, and the potential for economic headwinds such as rising inflation and interest rates. In 2021, Africa's economy was projected to recover following the impact of the pandemic, with the regional real GDPs growing significantly. In 2020, Southern Africa registered the sharpest decline in GDP growth rate in the continent, at **** percent. Southern and Central Africa were the regions that suffered the most in that year, due to the coronavirus (COVID-19) pandemic's impacts on economic growth in Africa.

As of 2022, the real GDP growth rate in Africa was estimated at 3.7 percent, decreasing compared to the previous year when it stood at 4.8 percent. Africa's real GDP is projected to keep a stable and constant growth trend between 2023 and 2027.

Negative impact of COVID-19

Starting in 2020, the spread of the coronavirus (COVID-19) caused economic stagnation and recession in most world regions. Economies on the African continent were also negatively affected, as the health crisis determined disruptions across all economic sectors. In 2020, Africa’s real GDP dropped to minus 1.8 percent, an exceptional negative growth rate registered on the continent. Southern Africa was the most affected region, followed by Central and Western Africa, respectively.

Forecast economic growth in Africa

In 2021 and 2022, Africa’s economy showed signs of recovery after the COVID-19 crisis. Growth was expected to continue in the following years, with the total GDP increasing from around three trillion U.S. dollars in 2020 to four trillion U.S. dollars in 2027. The African economy was set to grow at a rapid pace, especially compared to other world regions. By 2027, Sub-Saharan Africa’s GDP is estimated to record a growth rate of over four percent, while the European Union’s economy would expand by less than two percent.

This dataset provides values for GDP ANNUAL GROWTH RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The average for 2025 based on 52 countries was 4.29 percent. The highest value was in Libya: 17.3 percent and the lowest value was in Equatorial Guinea: -4.2 percent. The indicator is available from 1980 to 2030. Below is a chart for all countries where data are available.

Key information about South Africa Real GDP Growth

• The Gross Domestic Product (GDP) in South Africa expanded 1.1 % YoY in Jun 2025, following a growth of 0.5 % in the previous quarter.
• Real GDP Growth YoY data in South Africa is updated quarterly, available from Mar 1961 to Jun 2025, with an average rate of -1.3 %.
• The data reached an all-time high of 19.2 % in Jun 2021 and a record low of -16.8 % in Jun 2020.

• In the latest reports, Nominal GDP of South Africa reached 103.1 USD bn in Jun 2025.
• Its GDP deflator (implicit price deflator) increased 1.7 % in Jun 2025.
• GDP Per Capita in South Africa reached 6,474.8 USD in Dec 2024.
• Its Gross Savings Rate was measured at 13.5 % in Jun 2025.
• For Nominal GDP contributions, Investment accounted for 14.5 % in Jun 2025.
• Public Consumption accounted for 18.5 % in Jun 2025.
• Private Consumption accounted for 64.0 % in Jun 2025.

The Gross Domestic Product (GDP) in South Africa expanded 0.50 percent in the third quarter of 2025 over the previous quarter. This dataset provides - South Africa GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the growth of the real gross domestic product (GDP) in South Africa was estimated at about 0.58 percent. Between 1980 and 2024, the figure dropped by approximately 6.04 percentage points, though the decline followed an uneven course rather than a steady trajectory. The forecast shows the growth will steadily grow by around 1.23 percentage points from 2024 to 2030.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

Ethiopia export data: Discover the rising African powerhouse, leading in coffee, textile, and oilseed trade. Be part of its growth story!

This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The Gross Domestic Product (GDP) in South Africa expanded 2.10 percent in the third quarter of 2025 over the same quarter of the previous year. This dataset provides - South Africa GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Central African Republic CF: Exports: fob: Emerging and Developing Economies: Middle East, North Africa, and Pakistan: Algeria data was reported at 0.271 USD mn in 2024. This records an increase from the previous number of 0.028 USD mn for 2012. Central African Republic CF: Exports: fob: Emerging and Developing Economies: Middle East, North Africa, and Pakistan: Algeria data is updated yearly, averaging 0.040 USD mn from Dec 1960 (Median) to 2024, with 12 observations. The data reached an all-time high of 0.500 USD mn in 1960 and a record low of 0.004 USD mn in 2009. Central African Republic CF: Exports: fob: Emerging and Developing Economies: Middle East, North Africa, and Pakistan: Algeria data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Central African Republic – Table CF.IMF.DOT: Exports: fob: by Country: Annual.

The Central African Republic: Economic growth: the rate of change of GDP: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for the Central African Republic from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

South Africa's GDP amounted to just over 418 billion U.S. dollars in 2025, the highest in Southern Africa. Zimbabwe ranked second, with a GDP worth around 37 billion U.S. dollars. Lesotho, on the other hand, ranked the lowest with a GDP of over 2.4 billion U.S. dollars.

Central African Republic CF: Imports: cif: Emerging and Developing Economies: Sub-Saharan Africa: Africa Not Specified data was reported at 0.008 USD mn in 2024. This records a decrease from the previous number of 0.009 USD mn for 2023. Central African Republic CF: Imports: cif: Emerging and Developing Economies: Sub-Saharan Africa: Africa Not Specified data is updated yearly, averaging 0.032 USD mn from Dec 1969 (Median) to 2024, with 15 observations. The data reached an all-time high of 7.639 USD mn in 1981 and a record low of 0.005 USD mn in 1977. Central African Republic CF: Imports: cif: Emerging and Developing Economies: Sub-Saharan Africa: Africa Not Specified data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Central African Republic – Table CF.IMF.DOT: Imports: cif: by Country: Annual.

Central African Republic CF: Exports: fob: Emerging and Developing Economies: Sub-Saharan Africa: Chad data was reported at 0.005 USD mn in 2024. This records a decrease from the previous number of 0.009 USD mn for 2023. Central African Republic CF: Exports: fob: Emerging and Developing Economies: Sub-Saharan Africa: Chad data is updated yearly, averaging 0.417 USD mn from Dec 1969 (Median) to 2024, with 54 observations. The data reached an all-time high of 11.109 USD mn in 2015 and a record low of 0.003 USD mn in 2019. Central African Republic CF: Exports: fob: Emerging and Developing Economies: Sub-Saharan Africa: Chad data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Central African Republic – Table CF.IMF.DOT: Exports: fob: by Country: Annual.

Full Year GDP Growth in South Africa decreased to 0.60 percent in 2024 from 0.70 percent in 2023. This dataset includes a chart with historical data for South Africa Full Year Gdp Growth.

The Gross Domestic Product (GDP) in Central African Republic expanded 1.10 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides - Central African Republic GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

As of 2023, Niger registered the agricultural sector's highest contribution to the GDP in Africa, at over ** percent. Comoros and Ethiopia followed, with agriculture, forestry, and fishing accounting for approximately ** percent and ** percent of the GDP, respectively. On the other hand, Botswana, Djibouti, Libya, Zambia, and South Africa were the African countries with the lowest percentage of the GDP generated by the agricultural sector. Agriculture remains a pillar of Africa’s economy Despite the significant variations across countries, agriculture is a key sector in Africa. In 2022, it represented around ** percent of Sub-Saharan Africa’s GDP, growing by over *** percentage points compared to 2011. The agricultural industry also strongly contributes to the continent’s job market. The number of people employed in the primary sector in Africa grew from around *** million in 2011 to *** million in 2021. In proportion, agriculture employed approximately ** percent of Africa’s working population in 2021. Agricultural activities attracted a large share of the labor force in Central, East, and West Africa, which registered percentages over the regional average. On the other hand, North Africa recorded the lowest share of employment in agriculture, as the regional economy relies significantly on the industrial and service sectors. Cereals are among the most produced crops Sudan and South Africa are the African countries with the largest agricultural areas. Respectively, they devote around *** million and **** million hectares of land to growing crops. Agricultural production varies significantly across African countries in terms of products and volume. Cereals such as rice, corn, and wheat are among the main crops on the continent, also representing a staple in most countries. The leading cereal producers are Ethiopia, Nigeria, Egypt, and South Africa. Together, they recorded a cereal output of almost *** million metric tons in 2021. Additionally, rice production was concentrated in Nigeria, Egypt, Madagascar, and Tanzania.

Claims on other sectors of the domestic economy (annual growth as % of broad money) in South Africa was reported at 5.0274 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Africa - Claims on other sectors of the domestic economy (annual growth as % of broad money) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

data set for the African FDI information