South Africa: Economic growth, quarterly

* indicates monthly or quarterly data series
The latest data from Q2 2025 show economic growth of 0.61 percent, which is a decrease from the rate of growth of 0.8 percent in the previous quarter and an increase compared to the growth rate of 0.38 percent in the same quarter last year. The economic growth time series for South Africa cover the period from Q1 1994 to Q2 2025. During that time span, the average growth rate for South Africa was 2.31 percent. The lowest rate of growth of -16.42 percent was recorded in Q2 2020 while the highest growth rate was 19.23 percent in Q2 2021. See more information about that indicator and compare to other countries on our Economic growth page.
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* indicates monthly or quarterly data series

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  • Measure: percent
  • Source: Statistics South Africa

Recent values South Africa: Economic growth, percent change in quarterly real GDP
2025  Q2 0.61
2025  Q1 0.8
2024  Q4 0.79
2024  Q3 0.43
2024  Q2 0.38
2024  Q1 0.53
2023  Q4 1.61
2023  Q3 -0.82


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Definition: The percent change in the Gross Domestic Product from the same quarter last year using constant prices.

 Related indicators Latest Reference Measure
 Economic growth 0.58 2024 percent
 GDP, constant dollars 365.4 2024 billion U.S. dollars
 GDP, current U.S. dollars 400.26 2024 billion U.S. dollars
 GDP per capita, current dollars 6,253.37 2024 U.S. dollars
 GDP per capita, PPP 13,599 2024 U.S. dollars
 GDP per capita, constant dollars 5,708.96 2024 U.S. dollars
 Productivity, relative to the U.S. 31.41 2021 index points
 Economic growth, quarterly 0.61 Q2/2025 percent
 Economic growth Q-on-Q 0.83 Q2/2025 percent
 Gross Domestic Product (GDP) 1,876.41 Q2/2025 billion
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