GDP (current US$) (UNESCO Institute) in South Africa

South Africa: GDP (current US$) (UNESCO Institute) was 400.26 billion current US$ in 2024. ◆ Volatile

Latest (2024)
400.26 billion current US$
Change on year
up 5.1%
World rank
41st
of 211 countries
All-time high
458.20 billion current US$
in 2011
All-time low
21.22 billion current US$
in 1970
Years of data
55
1970–2024

GDP in South Africa, 1970–2024

0100.0B200.0B300.0B400.0B500.0B197019972024

Source: UNESCO Institute for Statistics. Measured in current US$.

Analysis

The most recent figure for gdp in South Africa is 400.26 billion current US$, measured in 2024.

That represents a change of up 5.1% on the previous year and up 5.0% over ten years.

Over the whole period, gdp in South Africa peaked at 458.20 billion current US$ in 2011 and was at its lowest, 21.22 billion current US$, in 1970.

That places South Africa 41st out of 211 countries with data for 2024, putting it in the top quarter.

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

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

Annual values for GDP (current US$) in South Africa, 1970 to 2024.
Year current US$ Change
1970 21.22 billion current US$ —
1971 23.41 billion current US$ +10.3%
1972 24.52 billion current US$ +4.7%
1973 33.26 billion current US$ +35.7%
1974 41.39 billion current US$ +24.4%
1975 42.91 billion current US$ +3.7%
1976 41.15 billion current US$ -4.1%
1977 45.33 billion current US$ +10.2%
1978 51.61 billion current US$ +13.9%
1979 63.04 billion current US$ +22.2%
1980 89.41 billion current US$ +41.8%
1981 93.14 billion current US$ +4.2%
1982 85.90 billion current US$ -7.8%
1983 96.20 billion current US$ +12.0%
1984 84.87 billion current US$ -11.8%
1985 64.46 billion current US$ -24.0%
1986 73.35 billion current US$ +13.8%
1987 96.54 billion current US$ +31.6%
1988 103.98 billion current US$ +7.7%
1989 108.06 billion current US$ +3.9%
1990 126.05 billion current US$ +16.7%
1991 135.20 billion current US$ +7.3%
1992 146.96 billion current US$ +8.7%
1993 147.19 billion current US$ +0.2%
1994 153.51 billion current US$ +4.3%
1995 171.74 billion current US$ +11.9%
1996 163.24 billion current US$ -5.0%
1997 168.98 billion current US$ +3.5%
1998 152.98 billion current US$ -9.5%
1999 151.52 billion current US$ -1.0%
2000 151.75 billion current US$ +0.2%
2001 135.43 billion current US$ -10.8%
2002 129.09 billion current US$ -4.7%
2003 197.02 billion current US$ +52.6%
2004 255.81 billion current US$ +29.8%
2005 288.87 billion current US$ +12.9%
2006 303.86 billion current US$ +5.2%
2007 333.08 billion current US$ +9.6%
2008 316.13 billion current US$ -5.1%
2009 329.75 billion current US$ +4.3%
2010 417.36 billion current US$ +26.6%
2011 458.20 billion current US$ +9.8%
2012 434.40 billion current US$ -5.2%
2013 400.89 billion current US$ -7.7%
2014 381.20 billion current US$ -4.9%
2015 346.71 billion current US$ -9.0%
2016 323.59 billion current US$ -6.7%
2017 381.45 billion current US$ +17.9%
2018 405.26 billion current US$ +6.2%
2019 389.33 billion current US$ -3.9%
2020 337.98 billion current US$ -13.2%
2021 420.89 billion current US$ +24.5%
2022 406.92 billion current US$ -3.3%
2023 380.70 billion current US$ -6.4%
2024 400.26 billion current US$ +5.1%

South Africa compared with similar countries

  • South Africa's 400.26 billion current US$ is above the median for upper middle income countries, which is 45.55 billion current US$, 8.8× the median. (58 countries reporting)
  • South Africa's 400.26 billion current US$ is above the median for Sub-Saharan Africa, which is 18.41 billion current US$, 21.7× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 38.78 billion current US$ 21.22 billion current US$ 63.04 billion current US$ 10
1980s 89.59 billion current US$ 64.46 billion current US$ 108.06 billion current US$ 10
1990s 151.74 billion current US$ 126.05 billion current US$ 171.74 billion current US$ 10
2000s 244.08 billion current US$ 129.09 billion current US$ 333.08 billion current US$ 10
2010s 393.84 billion current US$ 323.59 billion current US$ 458.20 billion current US$ 10
2020s 389.35 billion current US$ 337.98 billion current US$ 420.89 billion current US$ 5

Countries ranked near South Africa

  1. 38 Malaysia 421.97 billion current US$ compare
  2. 39 Colombia 418.54 billion current US$ compare
  3. 40 Hong Kong 407.11 billion current US$ compare
  4. 42 Egypt 389.06 billion current US$ compare
  5. 43 Romania 382.77 billion current US$ compare
  6. 44 Pakistan 373.07 billion current US$ 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 400.26 billion current US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in South Africa?
The highest recorded value was 458.20 billion current US$ in 2011.
What is the lowest gdp recorded in South Africa?
The lowest recorded value was 21.22 billion current US$ in 1970.
How does South Africa rank for gdp?
South Africa ranks 41st out of 211 countries with data for 2024.
Is gdp rising or falling in South Africa?
Over the last ten years it is up 5.0%. 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 US$). 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-us-2/south-africa/

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About this data

Indicator
GDP (current US$)
Unit
current US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

February 2026 Data Release