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South Africa GDP Growth
0.5%as of 2024
South Africa's gdp growth stands at 0.5% as of 2024. The indicator has remained relatively stable from null% in 2014 to 0.5% in 2024. Source: World Bank WDI.
Historical trend (2014–2024)
GDP Growth — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | % | — |
| 2015 | 1.3% | — |
| 2016 | 0.7% | -0.6pp |
| 2017 | 1.2% | +0.5pp |
| 2018 | 1.6% | +0.4pp |
| 2019 | 0.3% | -1.3pp |
| 2020 | -6.2% | -6.5pp |
| 2021 | 4.9% | +11.1pp |
| 2022 | 2.1% | -2.8pp |
| 2023 | 0.8% | -1.3pp |
| 2024 | 0.5% | -0.3pp |
Source: World Bank WDI. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.