Actual value and historical data chart for South Africa GDP Current Lcu

GDP per capita (LCU) of South Africa increased by 3.15% from 111,117 LCU in 2023 to 114,616 LCU in 2024. Since the 2.70% fall in 2020, GDP per capita (LCU) shot up by 24.78% in 2024. GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

GDP per capita (constant LCU) in South Africa was reported at 72793 LCU in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Africa - GDP per capita (constant LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

Actual value and historical data chart for South Africa GDP Per Capita Current Lcu

GDP: linked series (current LCU) in South Africa was reported at 7336241745255 LCU in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Africa - GDP at market prices: linked series (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

Actual value and historical data chart for South Africa GDP Constant Lcu

Purchasing power parity of South Africa rose by 1.39% from 7.3 LCU per international dollars in 2023 to 7.4 LCU per international dollars in 2024. Since the 1.99% decline in 2022, purchasing power parity went up by 2.57% in 2024. Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for GDP.

Actual value and historical data chart for South Africa Discrepancy In Expenditure Estimate Of GDP Current Lcu

Time series data for the statistic PPP conversion factor, private consumption (LCU per international $) and country South Africa. Indicator Definition:Purchasing power parity (PPP) conversion factor is a spatial price deflator and currency converter that controls for price level differences between countries, thereby allowing volume comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for household final consumption expenditure.The indicator "PPP conversion factor, private consumption (LCU per international $)" stands at 7.70 usd as of 12/31/2024, the highest value at least since 12/31/1991, the period currently displayed. Regarding the One-Year-Change of the series, the current value constitutes an increase of 1.37 percent compared to the value the year prior.The 1 year change in percent is 1.37.The 3 year change in percent is 2.36.The 5 year change in percent is 6.36.The 10 year change in percent is 32.41.The Serie's long term average value is 4.83 usd. It's latest available value, on 12/31/2024, is 59.45 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1990, to it's latest available value, on 12/31/2024, is +266.59%.The Serie's change in percent from it's maximum value, on 12/31/2024, to it's latest available value, on 12/31/2024, is 0.0%.