South Africa: Manufacturing value added

* indicates monthly or quarterly data series
 South Africa

Manufacturing value added, billion USD

 Latest value 49.35
 Year 2023
 Measure billion U.S. dollars
 Data availability 1960 - 2023
 Average 27.16
 Min - Max 1.74 - 58.93
 Source The World Bank
The latest value from 2023 is 49.35 billion U.S. dollars, a decline from 50.57 billion U.S. dollars in 2022. In comparison, the world average is 78.73 billion U.S. dollars, based on data from 153 countries. Historically, the average for South Africa from 1960 to 2023 is 27.16 billion U.S. dollars. The minimum value, 1.74 billion U.S. dollars, was reached in 1960 while the maximum of 58.93 billion U.S. dollars was recorded in 2011. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
South Africa - Manufacturing value added - Recent values chart

Historical series
South Africa - Manufacturing value added - historical chart - 1960-2023




Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

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 Related indicators Latest Reference Measure
 Share of industry 24.62 2023 percent
 Share of manufacturing 12.96 2023 percent
 Share of services 62.61 2023 percent
 Industry value added 93.73 2023 billion U.S. dollars
 Manufacturing value added 49.35 2023 billion U.S. dollars
 Services value added 238.36 2023 billion U.S. dollars
 Savings, percent of GDP 13.63 2023 percent
 Savings, in dollars 54.56 2023 billion U.S. dollars
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