Gross Domestic Product of South Africa fell 0.2 in the third quarter of 2023 compared to the previous quarter. This rate is 7 -tenths of one percent less than in the previous quarter, when changed 0.5%.
The year-on-year change in GDP was -0.5%, 20 -tenths of one percent less than the 1.5% recorded in the second quarter of 2023.
The GDP figure in the third quarter of 2023 was €86,439$79,419 million, South Africa is number 30 in the ranking of quarterly GDP of the 53 countries that we publish.
South Africa has a quarterly GDP per capita, of €1,426$1,426, less than the same period last year, when it was €1,635 $1,635 .
If we order the countries according to their GDP per capita, South Africa is in 51th position. According to this parameter, its population has a low level of affluence compare to the 53 countries whose quarterly GDP we publish.
Here we show you the progression of the GDP in South Africa. You can see GDP in other countries in GDP and see all the economic information about South Africa in South Africa's economy.