South Africa GDP 2023 Live
The live counter displays estimated figures for the South Africa GDP during the current year (from January 1, 2023 up to July 5, 2024,based on the latest IMF.
The statistics indicate the gross domestic product (GDP) of the South Africa from 1960 to 2023, with projections until 2028. According to IMF expectations, the GDP of the South Africa is anticipated to reach $399 billion by the end of 2023. Our econometric models predict that the country’s GDP will trend around $415 billion in 2024 and $430 billion in 2025 in the long term.
The GDP growth rate in the South Africa is expected to reach 0.1% by the end of 2023, according to IMF projections. The country’s GDP growth is projected to trend around 1.82% in 2024 and 1.6% in 2025, according to IMF econometric models.
The GDP per capita in the South Africa is expected to reach $6,485 by the end of 2023, according to IMF expectations. Our econometric models predict that the South Africa GDP per capita will trend around $71,018 in 2024 and $73,770 in 2025 in the long term.
As of 2023, the South Africa ranks 39th in the world in terms of nominal GDP and 33rd in terms of PPP.
Historical Data: South Africa GDP from 1966 to 2028
| Year | GDP (billion U.S$) | GDP Per Capita | Growth |
|---|---|---|---|
| 2028 | $468.56B | $7,060 | 1.4% |
| 2027 | $456.74B | $6,987 | 1.4% |
| 2026 | $443.57B | $6,889 | 1.4% |
| 2025 | $430.00B | $6,780 | 1.6% |
| 2024 | $415.25B | $6,647 | 1.82% |
| 2023 | $399.02B | $6,485 | 0.1% |
| 2022 | $405.70B | $6,694 | 2.04% |
| 2021 | $418.91B | $6,965 | 4.91% |
| 2020 | $337.52B | $5,661 | -6.34% |
| 2019 | $388.53B | $6,689 | 0.30% |
| 2018 | $404.16B | $7,049 | 1.52% |
| 2017 | $381.45B | $6,734 | 1.16% |
| 2016 | $323.59B | $5,735 | 0.66% |
| 2015 | $346.71B | $6,205 | 1.32% |
| 2014 | $381.20B | $6,965 | 1.41% |
| 2013 | $400.89B | $7,441 | 2.49% |
| 2012 | $434.40B | $8,174 | 2.40% |
| 2011 | $458.20B | $8,737 | 3.17% |
| 2010 | $417.37B | $8,060 | 3.04% |
| 2009 | $329.75B | $6,444 | -1.54% |
| 2008 | $316.13B | $6,252 | 3.19% |
| 2007 | $333.08B | $6,662 | 5.36% |
| 2006 | $303.86B | $6,140 | 5.60% |
| 2005 | $288.87B | $5,893 | 5.28% |
| 2004 | $255.81B | $5,268 | 4.55% |
| 2003 | $197.02B | $4,096 | 2.95% |
| 2002 | $129.09B | $2,708 | 3.70% |
| 2001 | $135.43B | $2,867 | 2.70% |
| 2000 | $151.75B | $3,242 | 4.20% |
| 1999 | $151.52B | $3,268 | 2.40% |
| 1998 | $152.98B | $3,336 | 0.50% |
| 1997 | $168.98B | $3,731 | 2.60% |
| 1996 | $163.24B | $3,655 | 4.30% |
| 1995 | $171.74B | $3,904 | 3.10% |
| 1994 | $153.51B | $3,548 | 3.20% |
| 1993 | $147.20B | $3,461 | 1.23% |
| 1992 | $146.96B | $3,519 | -2.14% |
| 1991 | $135.20B | $3,305 | -1.02% |
| 1990 | $126.05B | $3,161 | -0.32% |
| 1989 | $108.06B | $2,794 | 2.39% |
| 1988 | $103.98B | $2,781 | 4.20% |
| 1987 | $96.54B | $2,673 | 2.10% |
| 1986 | $73.35B | $2,103 | 0.02% |
| 1985 | $64.46B | $1,910 | -1.21% |
| 1984 | $84.87B | $2,590 | 5.10% |
| 1983 | $96.20B | $3,019 | -1.85% |
| 1982 | $85.90B | $2,769 | -0.38% |
| 1981 | $93.14B | $3,081 | 5.36% |
| 1980 | $89.41B | $3,035 | 6.62% |
| 1979 | $63.04B | $2,197 | 3.79% |
| 1978 | $51.61B | $1,847 | 3.01% |
| 1977 | $45.33B | $1,666 | -0.09% |
| 1976 | $41.15B | $1,554 | 2.25% |
| 1975 | $42.91B | $1,664 | 1.70% |
| 1974 | $41.39B | $1,650 | 6.11% |
| 1973 | $33.26B | $1,364 | 4.57% |
| 1972 | $24.52B | $1,034 | 1.65% |
| 1971 | $23.41B | $1,016 | 4.28% |
| 1970 | $21.22B | $949 | 5.25% |
| 1969 | $19.26B | $887 | 4.72% |
| 1968 | $17.12B | $814 | 4.15% |
| 1967 | $15.82B | $775 | 7.20% |
| 1966 | $14.21B | $718 | 4.44% |
| 1965 | $13.07B | $681 | 6.12% |
| 1964 | $11.96B | $643 | 7.94% |
| 1963 | $10.85B | $602 | 7.37% |
| 1962 | $9.81B | $561 | 6.18% |
| 1961 | $9.23B | $543 | 3.84% |
| 1960 | $8.75B | $530 | % |
- World Bank – World Bank national accounts data, and OECD National Accounts data.
- International Monetary Fund:
- United Nations: National Accounts Main Aggregates Database
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