South Africa: Share of services

* indicates monthly or quarterly data series
 South Africa

Value added in the services sector as percent of GDP

 Latest value 63.07
 Year 2025
 Measure percent
 Data availability 1960 - 2025
 Average 57.48
 Min - Max 46.89 - 64.61
 Source The World Bank
 Available for Data download
The latest value from 2025 is 63.07 percent, an increase from 62.99 percent in 2024. In comparison, the world average is 55.73 percent, based on data from 156 countries. Historically, the average for South Africa from 1960 to 2025 is 57.48 percent. The minimum value, 46.89 percent, was reached in 1980 while the maximum of 64.61 percent was recorded in 2020. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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 Recent values South Africa: Share of services
 2025 63.07
 2024 62.99
 2023 62.72
 2022 62.27
 2021 62.74
 2020 64.61
 2019 64.35
 2018 64.25




The importance of services in the economy of South Africa and other countries is measured as the value added of services as percent of GDP. The services sector includes wholesale and retail trade, transport, financial services, education, health care, and real estate.
Definition: Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

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 Related indicators Latest Reference Measure
 Share of industry 24.09 2025 percent
 Share of manufacturing 12.25 2025 percent
 Share of services 63.07 2025 percent
 Industry value added 102.91 2025 billion U.S. dollars
 Manufacturing value added 52.35 2025 billion U.S. dollars
 Services value added 269.41 2025 billion U.S. dollars
 Savings, percent of GDP 12.91 2025 percent
 Savings, in dollars 55.14 2025 billion U.S. dollars
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