South Africa: Gross Domestic Product (GDP)
* indicates monthly or quarterly data series
The most recent value is 1798.8 billion South African Rand as of Q1 2025, a decline compared to the previous value of 1928.18 billion South African Rand. Historically, the average for South Africa from Q1 1993 to Q1 2025 is 780.79 billion South African Rand. The minimum of 110.83 billion South African Rand was recorded in Q1 1993, while the maximum of 1928.18 billion South African Rand was reached in Q4 2024.
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* indicates monthly or quarterly data series
- Measure: billion South African Rand
- Source: Statistics South Africa
| Recent values | South Africa: GDP, billion currency units |
|---|---|
| 2025 Q1 | 1798.8 |
| 2024 Q4 | 1928.18 |
| 2024 Q3 | 1859.09 |
| 2024 Q2 | 1827.69 |
| 2024 Q1 | 1725.42 |
| 2023 Q4 | 1840.02 |
| 2023 Q3 | 1785.81 |
| 2023 Q2 | 1735.67 |
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Definition: The Gross Domestic Product (GDP) is the sum of the 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. The data are in billion local currency units using current prices.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | 0.58 | 2024 | percent |
| GDP, constant dollars | 362.9 | 2023 | billion U.S. dollars |
| GDP, current U.S. dollars | 400.26 | 2024 | billion U.S. dollars |
| GDP per capita, current dollars | 6,022.54 | 2023 | U.S. dollars |
| GDP per capita, PPP | 13,599 | 2024 | U.S. dollars |
| GDP per capita, constant dollars | 6,006.45 | 2023 | U.S. dollars |
| Productivity, relative to the U.S. | 31.41 | 2021 | index points |
| Economic growth, quarterly | 0.75 | Q1/2025 | percent |
| Economic growth Q-on-Q | 0.10 | Q1/2025 | percent |
| Gross Domestic Product (GDP) | 1,798.80 | Q1/2025 | billion |