Economic growth, percent change in quarterly real GDP in South Africa, Q1 1994 - Q1 2022:
The latest data from Q1 2022 show economic growth of 2.99 percent,
which is an increase from the rate of growth of 1.7 percent in the previous quarter and
an increase compared to the growth rate of -2.38 percent in the same quarter last year.
The economic growth time series for South Africa cover the period from Q1 1994 to Q1 2022.
During that time span, the average growth rate for South Africa was
2.46 percent. The lowest rate of growth of -16.62 percent was recorded in Q2 2020 while the highest growth rate was 19.45 percent in Q2 2021.
See more information about that indicator and compare to other countries on our Economic growth page
Longer historical series
* indicates monthly or quarterly data series
Source: Statistics South Africa
Definition: The percent change in the Gross Domestic Product from the same quarter last year using constant prices.