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Sub-Saharan Africa

South Africa GDP

Gross Domestic Product in current US dollars.

Latest Value

$401.14B

As of 2024

YoY Change

+5.2%

2023 → 2024

Record High

$458.20B

Recorded in 2011

Record Low

$8.75B

Recorded in 1960

10-Year Average

$379.45B

2015–2024

Data Range

1960–2024

65 data points

Source

World Bank

Code: NY.GDP.MKTP.CD

Historical Trend

19602024

Analysis

South Africa's GDP of 401,145,000,000 current US$ in 2024 indicates a significant economy in the African continent. The country's diverse sectors, including mining, manufacturing, and services, contribute to its GDP. Its economy is also heavily influenced by its natural resources and trade relationships with other countries.

Historical Data

ValueYoY ChangeChange %
2024$401.14B$19.70B+5.2%
2023$381.44B$26.16B-6.4%
2022$407.60B$12.39B-3.0%
2021$419.99B$82.01B+24.3%
2020$337.97B$51.36B-13.2%
2019$389.33B$15.93B-3.9%
2018$405.26B$23.81B+6.2%
2017$381.45B$57.86B+17.9%
2016$323.59B$23.12B-6.7%
2015$346.71B$34.49B-9.0%

Source: World Bank Open Data · 1960–2024