South Africa GDP

In 2023, South Africa witnessed a decrease in its Nominal GDP, falling to 377.78 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 957.41 international billion dollars as per the World Bank's estimates.

Relatedly, in the preceding year of 2022, South Africa has Nominal GDP stood at 405.27 billion dollars, while the GDP based on PPP was 918.22 international billion dollars.

South Africa GDP (Worldbank Estimates)

The net change in South Africa's GDP (Nominal) in 2023 decreased by -27.49 billion dollars(-7.28%), and GDP (PPP) increased by 39.19 international billion dollars(4.090%).

Source: worldbank Nominal PPP

South Africa Annual GDP Table

NominalPPP
YearBil $Net Chg% ChgInt Bil $Net Chg% Chg
19608.75-- ---
19619.230.485.20 % ---
19629.810.585.91 % ---
196310.851.049.59 % ---
196411.961.119.28 % ---
196513.071.118.49 % ---
196614.211.148.02 % ---
196715.821.6110.18 % ---
196817.121.307.59 % ---
196919.262.1411.11 % ---
197021.221.969.24 % ---
197123.412.199.35 % ---
197224.521.114.53 % ---
197333.268.7426.28 % ---
197441.398.1319.64 % ---
197542.911.523.54 % ---
197641.15-1.76-4.28 % ---
197745.334.189.22 % ---
197851.616.2812.17 % ---
197963.0411.4318.13 % ---
198089.4126.3729.49 % ---
198193.143.734.00 % ---
198285.90-7.24-8.43 % ---
198396.2010.3010.71 % ---
198484.87-11.33-13.35 % ---
198564.46-20.41-31.66 % ---
198673.358.8912.12 % ---
198796.5423.1924.02 % ---
1988103.987.447.16 % ---
1989108.064.083.78 % ---
1990126.0517.9914.27 % 260.03--
1991135.209.156.77 %266.096.062.28 %
1992146.9611.768.00 %266.330.240.09 %
1993147.200.240.16 %276.019.683.51 %
1994153.516.314.11 %290.9214.915.13 %
1995171.7418.2310.61 %306.2315.315.00 %
1996163.24-8.50-5.21 %325.2519.025.85 %
1997168.985.743.40 %339.4614.214.19 %
1998152.98-16.00-10.46 %344.995.531.60 %
1999151.52-1.46-0.96 %358.2713.283.71 %
2000151.750.230.15 %381.7723.506.16 %
2001135.43-16.32-12.05 %400.9119.144.77 %
2002129.09-6.34-4.91 %422.2021.295.04 %
2003197.0267.9334.48 %443.2421.044.75 %
2004255.8158.7922.98 %475.8932.656.86 %
2005288.8733.0611.44 %516.7140.827.90 %
2006303.8614.994.93 %562.4945.788.14 %
2007333.0829.228.77 %608.7046.217.59 %
2008316.13-16.95-5.36 %640.2231.524.92 %
2009329.7513.624.13 %634.27-5.95-0.94 %
2010417.3687.6120.99 %661.4927.224.11 %
2011458.2040.848.91 %696.5335.045.03 %
2012434.40-23.80-5.48 %698.461.930.28 %
2013400.89-33.51-8.36 %731.0332.574.46 %
2014381.20-19.69-5.17 %742.6911.661.57 %
2015346.71-34.49-9.95 %759.9617.272.27 %
2016323.59-23.12-7.14 %774.1114.151.83 %
2017381.4557.8615.17 %791.8217.712.24 %
2018405.2623.815.88 %782.33-9.49-1.21 %
2019389.33-15.93-4.09 %796.1813.851.74 %
2020338.29-51.04-15.09 %768.11-28.07-3.65 %
2021420.1281.8319.48 %841.7473.638.75 %
2022405.27-14.85-3.66 %918.2276.488.33 %
2023377.78-27.49-7.28 %957.4139.194.09 %