South African economy expended 4.91 percent in 2021 recovering from a 6.43 percent contraction in 2020. source: World Bank
Full Year GDP Growth in South Africa averaged 2.83 from 1961 until 2021, reaching an all time high of 7.94 in 1964 and a record low of -6.43 in 2020. This page includes a chart with historical data for South Africa Full Year Gdp Growth. South Africa Full Year Gdp Growth - values, historical data and charts - was last updated on September of 2022.
Full Year GDP Growth in South Africa is expected to reach 2.20 by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Full Year Gdp Growth is projected to trend around 1.50 in 2023 and 2.00 in 2024, according to our econometric models.