The gross domestic product (GDP) in current prices in South Africa was forecast to continuously increase between 2024 and 2029 by in total 73.2 billion U.S. dollars (+18.16 percent). After the sixth consecutive increasing year, the GDP is estimated to reach 476.21 billion U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
Find more key insights for the gross domestic product (GDP) in current prices in countries like Lesotho, Botswana, and Eswatini.
South Africa: Gross domestic product (GDP) in current prices from 1989 to 2029
(in billion U.S. dollars)
Characteristic
GDP in billion U.S. dollars
2029*
476.21
2028*
460.93
2027*
446.8
2026*
432.51
2025*
418.05
2024*
403.04
2023
380.59
2022
406.76
2021
420.78
2020
337.88
2019
389.24
2018
405.09
2017
381.32
2016
323.49
2015
346.66
2014
381.2
2013
400.88
2012
434.4
2011
458.71
2010
417.32
2009
331.18
2008
316.49
2007
332.65
2006
304.06
2005
288.75
2004
256.19
2003
197.02
2002
129.38
2001
135.53
2000
151.85
1999
151.43
1998
152.88
1997
169
1996
163.34
1995
171.74
1994
153.57
1993
147.24
1992
146.97
1991
135.23
1990
126.03
1989
108.07
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IMF. (October 22, 2024). South Africa: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/370513/gross-domestic-product-gdp-in-south-africa/
IMF. "South Africa: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars)." Chart. October 22, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/370513/gross-domestic-product-gdp-in-south-africa/
IMF. (2024). South Africa: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/370513/gross-domestic-product-gdp-in-south-africa/
IMF. "South Africa: Gross Domestic Product (Gdp) in Current Prices from 1989 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/370513/gross-domestic-product-gdp-in-south-africa/
IMF, South Africa: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/370513/gross-domestic-product-gdp-in-south-africa/ (last visited October 31, 2024)
South Africa: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/370513/gross-domestic-product-gdp-in-south-africa/
