Gross domestic product (GDP) growth rate in South Africa 2024

South Africa: Real gross domestic product (GDP) growth rate from 2014 to 2024 (compared to the previous year)

Gross domestic product (GDP) growth rate in South Africa 2024 The statistic depicts South Africa's real gross domestic product (GDP) growth rate from 2014 to 2017, with projections up until 2024. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2017, South Africa's real GDP had increased by about 1.42 percent compared to the previous year.
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South Africa: Real gross domestic product (GDP) growth rate from 2014 to 2024 (compared to the previous year)

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GDP growth compared to previous year
2024*1.81%
2023*1.8%
2022*1.8%
2021*1.8%
2020*1.5%
2019*1.2%
2018*0.79%
20171.42%
20160.4%
20151.19%
20141.85%
GDP growth compared to previous year
2024*1.81%
2023*1.8%
2022*1.8%
2021*1.8%
2020*1.5%
2019*1.2%
2018*0.79%
20171.42%
20160.4%
20151.19%
20141.85%
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The statistic depicts South Africa's real gross domestic product (GDP) growth rate from 2014 to 2017, with projections up until 2024. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2017, South Africa's real GDP had increased by about 1.42 percent compared to the previous year.
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