The Gross Domestic Product (GDP) in South Africa was worth 301.92 billion US dollars in 2020, according to official data from the World Bank. The GDP value of South Africa represents 0.27 percent of the world economy. source: World Bank
GDP in South Africa averaged 143.24 USD Billion from 1960 until 2020, reaching an all time high of 416.42 USD Billion in 2011 and a record low of 7.58 USD Billion in 1960. This page provides the latest reported value for - South Africa GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa GDP - values, historical data and charts - was last updated on July of 2021.
GDP in South Africa is expected to reach 320.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa GDP is projected to trend around 345.00 USD Billion in 2022, according to our econometric models.