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South Africa

Economy overviewAfrica

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GDP0.5%
Inflation4.4%
Unemploy.32.3%
Debt76%
Invest.14.1%
Fiscal-5.7% GDP
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GDP Growth
0.5%
2024 · World Bank WDI
GDP per capita
Output per person at market prices (current USD)
$6k
▶ CHART
GDP (PPP) per capita
Output per person adjusted for local purchasing power
$15k
▶ CHART
GDP 5Y avg growth
Average real GDP growth rate over the last 5 years
0.4%
▶ CHART
Nominal GDP
Total economic output in current US dollars (billions)
$401.1bn
▶ CHART
GDP Growth — 10-year trend
Historical data
2024
0.5%
2023
0.8%
2022
2.1%
2021
4.9%
2020
-6.2%
2019
0.3%
2018
1.6%
2017
1.2%
2016
0.7%
2015
1.3%
2014

Compare with peers

🇳🇬
Nigeria
GDP: 4.1%
🇪🇬
Egypt
GDP: 2.4%
🇪🇹
Ethiopia
GDP: 7.6%
🇰🇪
Kenya
GDP: 4.7%
🇬🇭
Ghana
GDP: 5.6%
🇹🇿
Tanzania
GDP: 5.5%