GDP at market prices (constant 2010 US$), annual growth rate in South Africa

South Africa: GDP at market prices (constant 2010 US$), annual growth rate was 0.5799 % change on previous year in 2024. ◆ Volatile

Latest (2024)
0.5799 % change on previous year
Change on year
down 17.0%
World rank
180th
of 208 countries
All-time high
6.62 % change on previous year
in 1980
All-time low
-6.17 % change on previous year
in 2020
Years of data
54
1971–2024

GDP at market prices (constant 2010 US$), annual growth rate in South Africa, 1971–2024

-505197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

South Africa recorded 0.5799 % change on previous year for gdp at market prices (constant 2010 us$), annual growth rate in 2024.

That represents a change of down 17.0% on the previous year and down 59.0% over ten years.

Over the whole period, gdp at market prices (constant 2010 us$), annual growth rate in South Africa peaked at 6.62 % change on previous year in 1980 and was at its lowest, -6.17 % change on previous year, in 2020.

South Africa ranks 180th of 208 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP at market prices (constant 2010 US$), annual growth rate in South Africa, year by year

Annual values for GDP at market prices (constant 2010 US$), annual growth rate in South Africa, 1971 to 2024.
Year % change on previous year Change
1971 4.28 % change on previous year
1972 1.66 % change on previous year -61.3%
1973 4.57 % change on previous year +176.2%
1974 6.11 % change on previous year +33.7%
1975 1.7 % change on previous year -72.3%
1976 2.25 % change on previous year +32.7%
1977 -0.0936 % change on previous year -104.2%
1978 3.01 % change on previous year -3320.6%
1979 3.79 % change on previous year +25.7%
1980 6.62 % change on previous year +74.7%
1981 5.36 % change on previous year -19.0%
1982 -0.3835 % change on previous year -107.2%
1983 -1.85 % change on previous year +381.5%
1984 5.1 % change on previous year -376.2%
1985 -1.21 % change on previous year -123.8%
1986 0.0176 % change on previous year -101.5%
1987 2.1 % change on previous year +11837.9%
1988 4.2 % change on previous year +99.9%
1989 2.4 % change on previous year -43.0%
1990 -0.3182 % change on previous year -113.3%
1991 -1.02 % change on previous year +220.0%
1992 -2.14 % change on previous year +109.9%
1993 1.23 % change on previous year -157.7%
1994 3.2 % change on previous year +159.3%
1995 3.1 % change on previous year -3.1%
1996 4.3 % change on previous year +38.7%
1997 2.6 % change on previous year -39.5%
1998 0.5002 % change on previous year -80.8%
1999 2.4 % change on previous year +379.8%
2000 4.2 % change on previous year +75.0%
2001 2.7 % change on previous year -35.7%
2002 3.7 % change on previous year +37.0%
2003 2.95 % change on previous year -20.3%
2004 4.55 % change on previous year +54.5%
2005 5.28 % change on previous year +15.9%
2006 5.6 % change on previous year +6.2%
2007 5.36 % change on previous year -4.3%
2008 3.19 % change on previous year -40.5%
2009 -1.54 % change on previous year -148.2%
2010 3.04 % change on previous year -297.7%
2011 3.17 % change on previous year +4.2%
2012 2.4 % change on previous year -24.4%
2013 2.49 % change on previous year +3.7%
2014 1.41 % change on previous year -43.1%
2015 1.32 % change on previous year -6.5%
2016 0.6645 % change on previous year -49.7%
2017 1.16 % change on previous year +74.2%
2018 1.56 % change on previous year +34.5%
2019 0.2599 % change on previous year -83.3%
2020 -6.17 % change on previous year -2473.3%
2021 4.96 % change on previous year -180.3%
2022 1.91 % change on previous year -61.4%
2023 0.6985 % change on previous year -63.5%
2024 0.5799 % change on previous year -17.0%

South Africa compared with similar countries

  • South Africa's 0.5799 % change on previous year is below the median for upper middle income countries, which is 3.34 % change on previous year, 17% of the median. (58 countries reporting)
  • South Africa's 0.5799 % change on previous year is below the median for Sub-Saharan Africa, which is 4.12 % change on previous year, 14% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where GDP at market prices (constant 2010 US$), annual growth rate in South Africa changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1987 +11837.9% 0.0176 % change on previous year 2.1 % change on previous year
1978 +3320.6% -0.0936 % change on previous year 3.01 % change on previous year
2020 -2473.3% 0.2599 % change on previous year -6.17 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.03 % change on previous year -0.0936 % change on previous year 6.11 % change on previous year 9
1980s 2.24 % change on previous year -1.85 % change on previous year 6.62 % change on previous year 10
1990s 1.39 % change on previous year -2.14 % change on previous year 4.3 % change on previous year 10
2000s 3.6 % change on previous year -1.54 % change on previous year 5.6 % change on previous year 10
2010s 1.75 % change on previous year 0.2599 % change on previous year 3.17 % change on previous year 10
2020s 0.3952 % change on previous year -6.17 % change on previous year 4.96 % change on previous year 5

Countries ranked near South Africa

  1. 177 Yemen 0.7523 % change on previous year compare
  2. 178 Italy 0.7258 % change on previous year compare
  3. 179 Micronesia (country) 0.7189 % change on previous year compare
  4. 181 Iceland 0.517 % change on previous year compare
  5. 182 Hungary 0.5121 % change on previous year compare
  6. 183 Moldova 0.1031 % change on previous year compare

See the full ranking of 208 places →

More population data for South Africa

All data for South Africa →

Frequently asked questions

What is gdp at market prices (constant 2010 us$), annual growth rate in South Africa?
Gdp at market prices (constant 2010 us$), annual growth rate in South Africa was 0.5799 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp at market prices (constant 2010 us$), annual growth rate recorded in South Africa?
The highest recorded value was 6.62 % change on previous year in 1980.
What is the lowest gdp at market prices (constant 2010 us$), annual growth rate recorded in South Africa?
The lowest recorded value was -6.17 % change on previous year in 2020.
How does South Africa rank for gdp at market prices (constant 2010 us$), annual growth rate?
South Africa ranks 180th out of 208 countries with data for 2024.
Is gdp at market prices (constant 2010 us$), annual growth rate rising or falling in South Africa?
Over the last ten years it is down 59.0%. The long-run trend across the full record is volatile.
Where does this South Africa data come from?
The figures come from Statizoid (derived), published as part of GDP at market prices (constant 2010 US$), annual growth rate. Statizoid updates them automatically from the source API.

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GDP at market prices (constant 2010 US$), annual growth rate in South Africa. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-at-market-prices-constant-2010-us-annual-growth-rate/south-africa/

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How this figure is calculated

The year-on-year percentage change in GDP at market prices (constant 2010 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP at market prices (constant 2010 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 9,896 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP at market prices (constant 2010 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.