South Africa: GDP, current U.S. dollars

South Africa: Gross Domestic Product, billions of U.S. dollars

: For that indicator, we provide data for South Africa from 1960 to 2018. The average value for South Africa during that period was 137.02 billion U.S. dollars with a minimum of 7.58 billion U.S. dollars in 1960 and a maximum of 416.42 billion U.S. dollars in 2011. The latest value from 2018 is 368.29 billion U.S. dollars. For comparison, the world average in 2018 based on 186 countries is 455248240796.07 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: GDP at purchaser's prices 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. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.