GDP at market prices in South Africa
South Africa: GDP at market prices was 365.42 billion constant 2010 US$ in 2024. ▲ Rising
GDP at market prices in South Africa, 1970–2024
Source: UNESCO Institute for Statistics. Measured in constant 2010 US$.
Analysis
In 2024, gdp at market prices in South Africa stood at 365.42 billion constant 2010 US$. That is the highest value across all 55 years on record.
The figure is up 0.6% on the previous year and up 6.8% over ten years.
Over the whole period, gdp at market prices in South Africa peaked at 365.42 billion constant 2010 US$ in 2024 and was at its lowest, 114.42 billion constant 2010 US$, in 1970.
That places South Africa 40th out of 208 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
GDP at market prices in South Africa, year by year
| Year | constant 2010 US$ | Change |
|---|---|---|
| 1970 | 114.42 billion constant 2010 US$ | — |
| 1971 | 119.32 billion constant 2010 US$ | +4.3% |
| 1972 | 121.29 billion constant 2010 US$ | +1.7% |
| 1973 | 126.84 billion constant 2010 US$ | +4.6% |
| 1974 | 134.59 billion constant 2010 US$ | +6.1% |
| 1975 | 136.87 billion constant 2010 US$ | +1.7% |
| 1976 | 139.95 billion constant 2010 US$ | +2.2% |
| 1977 | 139.82 billion constant 2010 US$ | -0.1% |
| 1978 | 144.03 billion constant 2010 US$ | +3.0% |
| 1979 | 149.49 billion constant 2010 US$ | +3.8% |
| 1980 | 159.39 billion constant 2010 US$ | +6.6% |
| 1981 | 167.93 billion constant 2010 US$ | +5.4% |
| 1982 | 167.29 billion constant 2010 US$ | -0.4% |
| 1983 | 164.20 billion constant 2010 US$ | -1.8% |
| 1984 | 172.57 billion constant 2010 US$ | +5.1% |
| 1985 | 170.48 billion constant 2010 US$ | -1.2% |
| 1986 | 170.51 billion constant 2010 US$ | +0.0% |
| 1987 | 174.09 billion constant 2010 US$ | +2.1% |
| 1988 | 181.41 billion constant 2010 US$ | +4.2% |
| 1989 | 185.75 billion constant 2010 US$ | +2.4% |
| 1990 | 185.16 billion constant 2010 US$ | -0.3% |
| 1991 | 183.28 billion constant 2010 US$ | -1.0% |
| 1992 | 179.36 billion constant 2010 US$ | -2.1% |
| 1993 | 181.57 billion constant 2010 US$ | +1.2% |
| 1994 | 187.38 billion constant 2010 US$ | +3.2% |
| 1995 | 193.19 billion constant 2010 US$ | +3.1% |
| 1996 | 201.50 billion constant 2010 US$ | +4.3% |
| 1997 | 206.74 billion constant 2010 US$ | +2.6% |
| 1998 | 207.77 billion constant 2010 US$ | +0.5% |
| 1999 | 212.76 billion constant 2010 US$ | +2.4% |
| 2000 | 221.69 billion constant 2010 US$ | +4.2% |
| 2001 | 227.68 billion constant 2010 US$ | +2.7% |
| 2002 | 236.10 billion constant 2010 US$ | +3.7% |
| 2003 | 243.06 billion constant 2010 US$ | +2.9% |
| 2004 | 254.14 billion constant 2010 US$ | +4.6% |
| 2005 | 267.55 billion constant 2010 US$ | +5.3% |
| 2006 | 282.54 billion constant 2010 US$ | +5.6% |
| 2007 | 297.69 billion constant 2010 US$ | +5.4% |
| 2008 | 307.18 billion constant 2010 US$ | +3.2% |
| 2009 | 302.46 billion constant 2010 US$ | -1.5% |
| 2010 | 311.65 billion constant 2010 US$ | +3.0% |
| 2011 | 321.53 billion constant 2010 US$ | +3.2% |
| 2012 | 329.23 billion constant 2010 US$ | +2.4% |
| 2013 | 337.42 billion constant 2010 US$ | +2.5% |
| 2014 | 342.19 billion constant 2010 US$ | +1.4% |
| 2015 | 346.71 billion constant 2010 US$ | +1.3% |
| 2016 | 349.01 billion constant 2010 US$ | +0.7% |
| 2017 | 353.06 billion constant 2010 US$ | +1.2% |
| 2018 | 358.55 billion constant 2010 US$ | +1.6% |
| 2019 | 359.48 billion constant 2010 US$ | +0.3% |
| 2020 | 337.31 billion constant 2010 US$ | -6.2% |
| 2021 | 354.02 billion constant 2010 US$ | +5.0% |
| 2022 | 360.79 billion constant 2010 US$ | +1.9% |
| 2023 | 363.31 billion constant 2010 US$ | +0.7% |
| 2024 | 365.42 billion constant 2010 US$ | +0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 132.66 billion constant 2010 US$ | 114.42 billion constant 2010 US$ | 149.49 billion constant 2010 US$ | 10 |
| 1980s | 171.36 billion constant 2010 US$ | 159.39 billion constant 2010 US$ | 185.75 billion constant 2010 US$ | 10 |
| 1990s | 193.87 billion constant 2010 US$ | 179.36 billion constant 2010 US$ | 212.76 billion constant 2010 US$ | 10 |
| 2000s | 264.01 billion constant 2010 US$ | 221.69 billion constant 2010 US$ | 307.18 billion constant 2010 US$ | 10 |
| 2010s | 340.88 billion constant 2010 US$ | 311.65 billion constant 2010 US$ | 359.48 billion constant 2010 US$ | 10 |
| 2020s | 356.17 billion constant 2010 US$ | 337.31 billion constant 2010 US$ | 365.42 billion constant 2010 US$ | 5 |
Countries ranked near South Africa
- 37 Singapore 408.74 billion constant 2010 US$ compare
- 38 Viet Nam 405.74 billion constant 2010 US$ compare
- 39 Denmark 377.93 billion constant 2010 US$ compare
- 41 Colombia 363.51 billion constant 2010 US$ compare
- 42 Bangladesh 336.93 billion constant 2010 US$ compare
- 43 Hong Kong, China 336.51 billion constant 2010 US$ compare
More population data for South Africa
- Population regions with projections, annual growth rate 0.2264 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -0.7997 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.2264 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.1847 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 73,530 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.8824 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.0148 % change on previous year (2100)
- Population growth rate 0.23 (2100)
- Population density 77.75 (2100)
- Projected population under age 5 5.55 million (2100)
Frequently asked questions
- What is gdp at market prices in South Africa?
- Gdp at market prices in South Africa was 365.42 billion constant 2010 US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp at market prices recorded in South Africa?
- The highest recorded value was 365.42 billion constant 2010 US$ in 2024.
- What is the lowest gdp at market prices recorded in South Africa?
- The lowest recorded value was 114.42 billion constant 2010 US$ in 1970.
- How does South Africa rank for gdp at market prices?
- South Africa ranks 40th out of 208 countries with data for 2024.
- Is gdp at market prices rising or falling in South Africa?
- Over the last ten years it is up 6.8%. The long-run trend across the full record is rising.
- Where does this South Africa data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP at market prices (constant 2010 US$). Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release