GDP South Africa 2024

South Africa: GDP increases 0.6%

Gross Domestic Product of South Africa grew 0.6% in 2024 compared to last year. This rate is 1 -tenth of one percent less than the figure of 0.7% published in 2023.

The GDP figure in 2024 was €369,962$400,261 million, South Africa is number 42 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in South Africa rose €18,077$19,562 million with respect to 2023.

The GDP per capita of South Africa in 2024 was €5,941$6,428, €290$316 higher than in 2023, it was €5,651$6,112. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2014 when the GDP per capita in South Africa was €5,232$6,952.

If we order the countries according to their GDP per capita, South Africa is in 103th position of the 196 countries whose 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.

Quarterly GDP at market prices 2024
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2024Q4€97,575M$91,351M0.6%0.8%
2024Q3€93,086M$84,694M-0.1%0.6%
2024Q2€91,523M$85,110M0.3%0.3%
2024Q1€88,055M$81,086M0.1%0.7%
< GDP South Africa 2023
Quaterly GDP Per Capita 2024
DateQu. GDP Per CapitaQu. GDP P.C. Qu. GrowthQu. GDP P.C. An. GrowthQu. GDP Per Capita $Qu. GDP P.C. An. GrowthQu. GDP P.C. Qu. Growth
2024Q41,567K4.8%10.1%$1,46710.8%7.9%
2024Q31,495K1.7%5.8%$1,3605.1%-0.5%
2024Q21,470K3.9%4.9%$1,3676.9%5.0%
2024Q11,414K-0.6%-4.5%$1,302-4.1%-1.6%
< GDP South Africa 2023
Evolution: Annual GDP South Africa
DateAnnual GDPAnnual GDPGDP Growth (%)
2024€369,962M$400,261M0.6%
2023€351,885M$380,699M0.7%
2022€385,961M$406,920M1.9%
2021€355,529M$420,887M5.0%
2020€296,050M$337,975M-6.2%
2019€347,665M$389,330M0.3%
2018€342,866M$405,261M1.6%
2017€337,663M$381,137M1.2%
2016€292,331M$323,568M0.7%
2015€312,415M$346,486M1.3%
2014€286,862M$380,909M1.4%
2013€301,834M$400,684M2.5%
2012€337,896M$434,397M2.4%
2011€329,600M$458,199M3.2%
2010€314,528M$417,364M3.0%
2009€237,703M$329,754M-1.5%
2008€215,213M$316,131M3.2%
2007€242,697M$333,077M5.4%
2006€242,146M$303,859M5.6%
2005€231,968M$288,867M5.3%
2004€206,049M$255,807M4.6%
2003€174,216M$197,019M2.9%
2002€136,929M$129,088M3.7%
2001€151,319M$135,430M2.7%
2000€164,342M$151,753M4.2%
1999€141,939M$151,517M2.4%
1998$152,983M0.5%
1997$168,978M2.6%
1996$163,235M4.3%
1995$171,736M3.1%
1994$153,513M3.2%
1993$147,195M1.2%
1992$147,454M-2.1%
1991$135,835M-1.0%
1990$126,640M-0.3%
1989$108,533M2.4%
1988$104,309M4.2%
1987$97,072M2.1%
1986$74,000M0.0%
1985$64,751M-1.2%
1984$84,765M5.1%
1983$95,804M-1.8%
1982$85,948M-0.4%
1981$93,654M5.4%
1980$90,942M6.6%
1979$63,177M3.8%
1978$51,224M3.0%
1977$44,552M-0.1%
1976$40,115M2.2%
1975$41,772M1.7%
1974$40,340M6.1%
1973$32,106M4.6%
1972$23,407M1.7%
1971$22,285M4.3%
1970$20,185M5.2%
1969$18,390M4.7%
1968$16,324M4.2%
1967$15,100M7.2%
1966$13,540M4.4%
1965$12,422M6.1%
1964$11,369M7.9%
1963$10,327M7.4%
1962$9,314M6.2%
1961$8,739M3.8%
1960$8,303M
Evolution: GDP per capita South Africa
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
2024€5,941$6,4285.1%5.2%
2023€5,651$6,112-10.2%-7.8%
2022€6,291$6,6297.3%-4.5%
2021€5,863$6,93918.8%23.2%
2020€4,934$5,631-16.1%-14.5%
2019€5,880$6,583-0.1%-5.4%
2018€5,888$6,9560.0%4.7%
2017€5,886$6,64713.9%16.2%
2016€5,170$5,721-7.8%-8.1%
2015€5,608$6,2237.2%-10.5%
2014€5,232$6,952-6.5%-6.5%
2013€5,596$7,432-12.1%-9.2%
2012€6,367$8,1860.9%-6.8%
2011€6,312$8,7853.2%8.2%
2010€6,119$8,11830.4%24.2%
2009€4,693$6,5388.9%3.2%
2008€4,310$6,338-12.5%-6.1%
2007€4,926$6,752-1.0%8.0%
2006€4,978$6,2513.1%4.0%
2005€4,827$6,00811.3%11.4%
2004€4,337$5,39317.0%28.7%
2003€3,706$4,19126.1%50.9%
2002€2,940$2,778-11.2%-6.3%
2001€3,309$2,964-9.6%-12.4%
2000€3,660$3,38214.1%-1.2%
1999€3,209$3,424-2.4%
1998$3,508-10.9%
1997$3,9381.8%
1996$3,870-6.7%
1995$4,1459.5%
1994$3,7861.9%
1993$3,716-2.3%
1992$3,8036.0%
1991$3,5884.7%
1990$3,42614.0%
1989$3,0041.7%
1988$2,9555.5%
1987$2,80128.7%
1986$2,17611.3%
1985$1,955-25.8%
1984$2,634-14.0%
1983$3,0639.2%
1982$2,806-10.1%
1981$3,1231.6%
1980$3,07539.4%
1979$2,20620.0%
1978$1,83811.9%
1977$1,6438.1%
1976$1,520-6.5%
1975$1,6260.7%
1974$1,61422.2%
1973$1,32233.3%
1972$9912.1%
1971$9717.2%
1970$9066.5%
1969$8519.2%
1968$7794.8%
1967$7438.1%
1966$6885.7%
1965$6516.0%
1964$6146.8%
1963$5757.6%
1962$5353.5%
1961$5172.3%
1960$505
Evolution: GDP growth rate at constant prices South Africa
Evolution: GDP per capita South Africa
GDP South Africa