The Gross Domestic Product (GDP) in South Africa expanded 0.80 percent in the second 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.

The Gross Domestic Product (GDP) in South Africa was worth 400.26 billion US dollars in 2024, according to official data from the World Bank. The GDP value of South Africa represents 0.38 percent of the world economy. This dataset provides the latest reported value for - South Africa GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The gross domestic product (GDP) in current prices in South Africa was estimated at about 400.19 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 310.78 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 89.82 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

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.

The Gross Domestic Product per capita in South Africa was last recorded at 5708.96 US dollars in 2024. The GDP per Capita in South Africa is equivalent to 45 percent of the world's average. This dataset provides the latest reported value for - South Africa GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Nominal Gross Domestic Product for South Africa (NGDPNSAXDCZAQ) from Q1 1993 to Q1 2025 about South Africa and GDP.

The gross domestic product (GDP) per capita in South Africa was estimated at 6,330 U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by 3,260 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by 760 U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

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.

The Gross Domestic Product (GDP) in South Africa expanded 0.60 percent in the second 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.

Graph and download economic data for Gross Domestic Product Deflator for South Africa (NGDPDSAIXZAQ) from Q1 1993 to Q1 2025 about South Africa and GDP.

As of April 2025, South Africa's GDP was estimated at over 410 billion U.S. dollars, the highest in Africa. Egypt followed, with a GDP worth around 347 billion U.S. dollars, and ranked as the second-highest on the continent. Algeria ranked third, with nearly 269 billion U.S. dollars. These African economies are among some of the fastest-growing economies worldwide. Dependency on oil For some African countries, the oil industry represents an enormous source of income. In Nigeria, oil generates over five percent of the country’s GDP in the third quarter of 2023. However, economies such as the Libyan, Algerian, or Angolan are even much more dependent on the oil sector. In Libya, for instance, oil rents account for over 40 percent of the GDP. Indeed, Libya is one of the economies most dependent on oil worldwide. Similarly, oil represents for some of Africa’s largest economies a substantial source of export value. The giants do not make the ranking Most of Africa’s largest economies do not appear in the leading ten African countries for GDP per capita. The GDP per capita is calculated by dividing a country’s GDP by its population. Therefore, a populated country with a low total GDP will have a low GDP per capita, while a small rich nation has a high GDP per capita. For instance, South Africa has Africa’s highest GDP, but also counts the sixth-largest population, so wealth has to be divided into its big population. The GDP per capita also indicates how a country’s wealth reaches each of its citizens. In Africa, Seychelles has the greatest GDP per capita.

GDP from Construction in South Africa decreased to 99569 ZAR Million in the second quarter of 2025 from 99849 ZAR Million in the first quarter of 2025. This dataset provides the latest reported value for - South Africa Gdp From Construction - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Unemployment Rate in South Africa increased to 33.20 percent in the second quarter of 2025 from 32.90 percent in the first quarter of 2025. This dataset provides - South Africa Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

View economic output, reported as the nominal value of all new goods and services produced by labor and property located in the U.S.

Key information about South Africa Household Debt: % of GDP

• South Africa household debt accounted for 40.7 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 40.6 % in the previous quarter.
• South Africa household debt to GDP ratio is updated quarterly, available from Mar 1969 to Sep 2024.
• The data reached an all-time high of 49.6 % in Sep 2007 and a record low of 25.0 % in Sep 1980.

CEIC calculates quarterly Household Debt as % of Nominal GDP from quarterly Household Debt and quarterly Nominal GDP. Household Debt is calculated from Household Disposable Income and ratio of Household Debt to Household Disposable Income. South African Reserve Bank provides Household Debt in local currency. Statistics South Africa provides Nominal GDP in local currency.


Related information about South Africa Household Debt: % of GDP

• In the latest reports, South Africa Household Debt reached 171.2 USD bn in Sep 2024.
• Money Supply M2 in South Africa increased 7.1 % YoY in Oct 2024.
• South Africa Foreign Exchange Reserves was measured at 45.0 USD bn in Oct 2024.
• The Foreign Exchange Reserves equaled 4.8 Months of Import in Oct 2024.
• South Africa Domestic Credit reached 319.5 USD bn in Oct 2024, representing an increased of 6.8 % YoY.
• The country's Non Performing Loans Ratio stood at 5.3 % in Oct 2024, compared with the ratio of 5.2 % in the previous month.

South Korea GDP Nowcast: sa: YoY: Contribution: Trade Statistics data was reported at 0.000 % in 12 May 2025. This stayed constant from the previous number of 0.000 % for 05 May 2025. South Korea GDP Nowcast: sa: YoY: Contribution: Trade Statistics data is updated weekly, averaging 0.000 % from Jan 2019 (Median) to 12 May 2025, with 332 observations. The data reached an all-time high of 0.000 % in 12 May 2025 and a record low of 0.000 % in 12 May 2025. South Korea GDP Nowcast: sa: YoY: Contribution: Trade Statistics data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s South Korea – Table KR.CEIC.NC: CEIC Nowcast: Gross Domestic Product (GDP).

Graph and download economic data for Nominal Gross Domestic Product for United States (NGDPSAXDCUSQ) from Q1 1950 to Q2 2025 about GDP and USA.

South Africa recorded a Government Debt to GDP of 76.90 percent of the country's Gross Domestic Product in 2024. This dataset provides - South Africa Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States GDP Nowcast: saar: YoY: Contribution: Trade Statistics: Imports: Customs: sa: Goods data was reported at 0.837 % in 12 May 2025. This records an increase from the previous number of 0.835 % for 05 May 2025. United States GDP Nowcast: saar: YoY: Contribution: Trade Statistics: Imports: Customs: sa: Goods data is updated weekly, averaging 0.654 % from Jan 2019 (Median) to 12 May 2025, with 332 observations. The data reached an all-time high of 1.732 % in 16 Aug 2021 and a record low of 0.000 % in 17 Aug 2020. United States GDP Nowcast: saar: YoY: Contribution: Trade Statistics: Imports: Customs: sa: Goods data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s United States – Table US.CEIC.NC: CEIC Nowcast: Gross Domestic Product (GDP).

GDP, billion currency units in Afrique du Sud, juin, 2025 Pour cet indicateur, Statistics South Africa fournit des données pour la Afrique du Sud de Q1 1993 à Q2 2025. La valeur moyenne pour Afrique du Sud pendant cette période était de 789.23 billion South African Rand avec un minimum de 110.83 billion South African Rand en Q1 1993 et un maximum de 1928.18 billion South African Rand en Q4 2024. | TheGlobalEconomy.com