GDP growth in South Africa

South Africa: GDP growth was 0.6% in 2024. ◆ Volatile

Latest (2024)
0.6%
Change on year
down 17.0%
World rank
182nd
of 212 countries
All-time high
6.6%
in 1980
All-time low
-6.2%
in 2020
Years of data
55
1970–2024

GDP growth in South Africa, 1970–2024

-505197019972024

Source: UNESCO Institute for Statistics. Measured in annual %.

Analysis

The most recent figure for gdp growth in South Africa is 0.6%, measured in 2024.

Compared with earlier readings it is down 17.0% on the previous year and down 59.0% over ten years.

Over the whole period, gdp growth in South Africa peaked at 6.6% in 1980 and was at its lowest, -6.2%, in 2020.

That places South Africa 182nd out of 212 countries with data for 2024, putting it in the bottom quarter.

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

GDP growth in South Africa, year by year

Annual values for GDP growth (annual %) in South Africa, 1970 to 2024.
Year annual % Change
1970 5.2%
1971 4.3% -18.5%
1972 1.7% -61.3%
1973 4.6% +176.3%
1974 6.1% +33.7%
1975 1.7% -72.3%
1976 2.2% +32.7%
1977 -0.1% -104.2%
1978 3.0% -3307.6%
1979 3.8% +25.7%
1980 6.6% +74.7%
1981 5.4% -19.0%
1982 -0.4% -107.2%
1983 -1.8% +381.6%
1984 5.1% -376.1%
1985 -1.2% -123.8%
1986 0.0% -101.5%
1987 2.1% +11668.8%
1988 4.2% +99.9%
1989 2.4% -43.0%
1990 -0.3% -113.3%
1991 -1.0% +220.4%
1992 -2.1% +109.9%
1993 1.2% -157.7%
1994 3.2% +159.4%
1995 3.1% -3.1%
1996 4.3% +38.7%
1997 2.6% -39.5%
1998 0.5% -80.8%
1999 2.4% +380.0%
2000 4.2% +75.0%
2001 2.7% -35.7%
2002 3.7% +37.1%
2003 2.9% -20.3%
2004 4.6% +54.4%
2005 5.3% +15.9%
2006 5.6% +6.2%
2007 5.4% -4.3%
2008 3.2% -40.5%
2009 -1.5% -148.2%
2010 3.0% -297.6%
2011 3.2% +4.2%
2012 2.4% -24.4%
2013 2.5% +3.7%
2014 1.4% -43.1%
2015 1.3% -6.5%
2016 0.7% -49.7%
2017 1.2% +74.2%
2018 1.6% +34.4%
2019 0.3% -83.3%
2020 -6.2% -2473.2%
2021 5.0% -180.3%
2022 1.9% -61.4%
2023 0.7% -63.5%
2024 0.6% -17.0%

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.3% -0.1% 6.1% 10
1980s 2.2% -1.8% 6.6% 10
1990s 1.4% -2.1% 4.3% 10
2000s 3.6% -1.5% 5.6% 10
2010s 1.7% 0.3% 3.2% 10
2020s 0.4% -6.2% 5.0% 5

Countries ranked near South Africa

  1. 179 Yemen 0.8% compare
  2. 180 Italy 0.7% compare
  3. 181 Micronesia, Federated States of 0.7% compare
  4. 183 Iceland 0.5% compare
  5. 184 Hungary 0.5% compare
  6. 185 Republic of Moldova 0.1% compare

See the full ranking of 212 places →

More population data for South Africa

All data for South Africa →

Frequently asked questions

What is gdp growth in South Africa?
Gdp growth in South Africa was 0.6% in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp growth recorded in South Africa?
The highest recorded value was 6.6% in 1980.
What is the lowest gdp growth recorded in South Africa?
The lowest recorded value was -6.2% in 2020.
How does South Africa rank for gdp growth?
South Africa ranks 182nd out of 212 countries with data for 2024.
Is gdp growth 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 UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.

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GDP growth in South Africa. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 25 August 2026, from https://population.statizoid.com/stat/gdp-growth-annual-percent-3/south-africa/

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,140 data points, 1970–2024
Last refreshed

February 2026 Data Release