GDP (current LCU) (UNESCO Institute) in South Africa

South Africa: GDP (current LCU) (UNESCO Institute) was 7.34 trillion current LCU in 2024. ◆ Volatile

Latest (2024)
7.34 trillion current LCU
Change on year
up 4.4%
World rank
66th
of 211 countries
All-time high
7.34 trillion current LCU
in 2024
All-time low
15.16 billion current LCU
in 1970
Years of data
55
1970–2024

GDP in South Africa, 1970–2024

02.0T4.0T6.0T8.0T197019972024

Source: UNESCO Institute for Statistics. Measured in current LCU.

Analysis

The most recent figure for gdp in South Africa is 7.34 trillion current LCU, measured in 2024. That is the highest value across all 55 years on record.

That represents a change of up 4.4% on the previous year and up 77.5% over ten years.

Over the whole period, gdp in South Africa peaked at 7.34 trillion current LCU in 2024 and was at its lowest, 15.16 billion current LCU, in 1970.

That places South Africa 66th out of 211 countries with data for 2024, putting it in the middle of the range.

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

GDP (current LCU) (UNESCO Institute) in South Africa, year by year

Annual values for GDP (current LCU) in South Africa, 1970 to 2024.
Year current LCU Change
1970 15.16 billion current LCU —
1971 16.74 billion current LCU +10.5%
1972 18.85 billion current LCU +12.6%
1973 23.08 billion current LCU +22.5%
1974 28.12 billion current LCU +21.8%
1975 31.73 billion current LCU +12.8%
1976 35.78 billion current LCU +12.8%
1977 39.42 billion current LCU +10.2%
1978 44.88 billion current LCU +13.9%
1979 53.08 billion current LCU +18.3%
1980 69.64 billion current LCU +31.2%
1981 81.74 billion current LCU +17.4%
1982 93.28 billion current LCU +14.1%
1983 107.18 billion current LCU +14.9%
1984 125.21 billion current LCU +16.8%
1985 143.66 billion current LCU +14.7%
1986 167.62 billion current LCU +16.7%
1987 196.55 billion current LCU +17.3%
1988 236.39 billion current LCU +20.3%
1989 283.39 billion current LCU +19.9%
1990 326.13 billion current LCU +15.1%
1991 373.34 billion current LCU +14.5%
1992 419.12 billion current LCU +12.3%
1993 480.99 billion current LCU +14.8%
1994 545.09 billion current LCU +13.3%
1995 622.90 billion current LCU +14.3%
1996 701.80 billion current LCU +12.7%
1997 778.64 billion current LCU +10.9%
1998 845.73 billion current LCU +8.6%
1999 925.69 billion current LCU +9.5%
2000 1.05 trillion current LCU +13.8%
2001 1.17 trillion current LCU +10.7%
2002 1.36 trillion current LCU +16.7%
2003 1.49 trillion current LCU +9.5%
2004 1.65 trillion current LCU +10.9%
2005 1.84 trillion current LCU +11.2%
2006 2.06 trillion current LCU +12.0%
2007 2.35 trillion current LCU +14.0%
2008 2.61 trillion current LCU +11.3%
2009 2.79 trillion current LCU +7.0%
2010 3.06 trillion current LCU +9.4%
2011 3.33 trillion current LCU +8.9%
2012 3.57 trillion current LCU +7.2%
2013 3.87 trillion current LCU +8.5%
2014 4.13 trillion current LCU +6.9%
2015 4.42 trillion current LCU +6.9%
2016 4.76 trillion current LCU +7.7%
2017 5.08 trillion current LCU +6.7%
2018 5.36 trillion current LCU +5.6%
2019 5.63 trillion current LCU +4.9%
2020 5.56 trillion current LCU -1.1%
2021 6.22 trillion current LCU +11.8%
2022 6.66 trillion current LCU +7.0%
2023 7.02 trillion current LCU +5.5%
2024 7.34 trillion current LCU +4.4%

South Africa compared with similar countries

  • South Africa's 7.34 trillion current LCU is above the median for upper middle income countries, which is 913.58 billion current LCU, 8.0× the median. (58 countries reporting)
  • South Africa's 7.34 trillion current LCU is below the median for Sub-Saharan Africa, which is 8.64 trillion current LCU, 85% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 30.68 billion current LCU 15.16 billion current LCU 53.08 billion current LCU 10
1980s 150.47 billion current LCU 69.64 billion current LCU 283.39 billion current LCU 10
1990s 601.94 billion current LCU 326.13 billion current LCU 925.69 billion current LCU 10
2000s 1.84 trillion current LCU 1.05 trillion current LCU 2.79 trillion current LCU 10
2010s 4.32 trillion current LCU 3.06 trillion current LCU 5.63 trillion current LCU 10
2020s 6.56 trillion current LCU 5.56 trillion current LCU 7.34 trillion current LCU 5

Countries ranked near South Africa

  1. 63 Equatorial Guinea 7.74 trillion current LCU compare
  2. 64 Ukraine 7.66 trillion current LCU compare
  3. 65 Dominican Republic 7.40 trillion current LCU compare
  4. 67 Sweden 6.45 trillion current LCU compare
  5. 68 Togo 6.02 trillion current LCU compare
  6. 69 Nepal 5.71 trillion current LCU compare

See the full ranking of 211 places →

More population data for South Africa

All data for South Africa →

Frequently asked questions

What is gdp in South Africa?
Gdp in South Africa was 7.34 trillion current LCU in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in South Africa?
The highest recorded value was 7.34 trillion current LCU in 2024.
What is the lowest gdp recorded in South Africa?
The lowest recorded value was 15.16 billion current LCU in 1970.
How does South Africa rank for gdp?
South Africa ranks 66th out of 211 countries with data for 2024.
Is gdp rising or falling in South Africa?
Over the last ten years it is up 77.5%. The long-run trend across the full record is volatile.
Where does this South Africa data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.

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GDP in South Africa. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-current-lcu-2/south-africa/

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About this data

Indicator
GDP (current LCU)
Unit
current LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,385 data points, 1970–2024
Last refreshed

February 2026 Data Release