Nominal GDP in billions of USD
Year -
$377.78 billions(-6.78%)
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.
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.
The net change in South Africa's GDP (Nominal) in 2023 decreased by -27.49 billion dollars(-6.78%), and GDP (PPP) increased by 39.19 international billion dollars(4.27%).
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 8.75 | - | - | - | - | - |
| 1961 | 9.23 | 0.48 | 5.49 % | - | - | - |
| 1962 | 9.81 | 0.58 | 6.28 % | - | - | - |
| 1963 | 10.85 | 1.04 | 10.6 % | - | - | - |
| 1964 | 11.96 | 1.11 | 10.23 % | - | - | - |
| 1965 | 13.07 | 1.11 | 9.28 % | - | - | - |
| 1966 | 14.21 | 1.14 | 8.72 % | - | - | - |
| 1967 | 15.82 | 1.61 | 11.33 % | - | - | - |
| 1968 | 17.12 | 1.3 | 8.22 % | - | - | - |
| 1969 | 19.26 | 2.14 | 12.5 % | - | - | - |
| 1970 | 21.22 | 1.96 | 10.18 % | - | - | - |
| 1971 | 23.41 | 2.19 | 10.32 % | - | - | - |
| 1972 | 24.52 | 1.11 | 4.74 % | - | - | - |
| 1973 | 33.26 | 8.74 | 35.64 % | - | - | - |
| 1974 | 41.39 | 8.13 | 24.44 % | - | - | - |
| 1975 | 42.91 | 1.52 | 3.67 % | - | - | - |
| 1976 | 41.15 | -1.76 | -4.1 % | - | - | - |
| 1977 | 45.33 | 4.18 | 10.16 % | - | - | - |
| 1978 | 51.61 | 6.28 | 13.85 % | - | - | - |
| 1979 | 63.04 | 11.43 | 22.15 % | - | - | - |
| 1980 | 89.41 | 26.37 | 41.83 % | - | - | - |
| 1981 | 93.14 | 3.73 | 4.17 % | - | - | - |
| 1982 | 85.90 | -7.24 | -7.77 % | - | - | - |
| 1983 | 96.20 | 10.3 | 11.99 % | - | - | - |
| 1984 | 84.87 | -11.33 | -11.78 % | - | - | - |
| 1985 | 64.46 | -20.41 | -24.05 % | - | - | - |
| 1986 | 73.35 | 8.89 | 13.79 % | - | - | - |
| 1987 | 96.54 | 23.19 | 31.62 % | - | - | - |
| 1988 | 103.98 | 7.44 | 7.71 % | - | - | - |
| 1989 | 108.06 | 4.08 | 3.92 % | - | - | - |
| 1990 | 126.05 | 17.99 | 16.65 % | 260.03 | - | - |
| 1991 | 135.20 | 9.15 | 7.26 % | 266.09 | 6.06 | 2.33 % |
| 1992 | 146.96 | 11.76 | 8.7 % | 266.33 | 0.24 | 0.09 % |
| 1993 | 147.20 | 0.24 | 0.16 % | 276.01 | 9.68 | 3.63 % |
| 1994 | 153.51 | 6.31 | 4.29 % | 290.92 | 14.91 | 5.4 % |
| 1995 | 171.74 | 18.23 | 11.88 % | 306.23 | 15.31 | 5.26 % |
| 1996 | 163.24 | -8.5 | -4.95 % | 325.25 | 19.02 | 6.21 % |
| 1997 | 168.98 | 5.74 | 3.52 % | 339.46 | 14.21 | 4.37 % |
| 1998 | 152.98 | -16 | -9.47 % | 344.99 | 5.53 | 1.63 % |
| 1999 | 151.52 | -1.46 | -0.95 % | 358.27 | 13.28 | 3.85 % |
| 2000 | 151.75 | 0.23 | 0.15 % | 381.77 | 23.5 | 6.56 % |
| 2001 | 135.43 | -16.32 | -10.75 % | 400.91 | 19.14 | 5.01 % |
| 2002 | 129.09 | -6.34 | -4.68 % | 422.20 | 21.29 | 5.31 % |
| 2003 | 197.02 | 67.93 | 52.62 % | 443.24 | 21.04 | 4.98 % |
| 2004 | 255.81 | 58.79 | 29.84 % | 475.89 | 32.65 | 7.37 % |
| 2005 | 288.87 | 33.06 | 12.92 % | 516.71 | 40.82 | 8.58 % |
| 2006 | 303.86 | 14.99 | 5.19 % | 562.49 | 45.78 | 8.86 % |
| 2007 | 333.08 | 29.22 | 9.62 % | 608.70 | 46.21 | 8.22 % |
| 2008 | 316.13 | -16.95 | -5.09 % | 640.22 | 31.52 | 5.18 % |
| 2009 | 329.75 | 13.62 | 4.31 % | 634.27 | -5.95 | -0.93 % |
| 2010 | 417.36 | 87.61 | 26.57 % | 661.49 | 27.22 | 4.29 % |
| 2011 | 458.20 | 40.84 | 9.79 % | 696.53 | 35.04 | 5.3 % |
| 2012 | 434.40 | -23.8 | -5.19 % | 698.46 | 1.93 | 0.28 % |
| 2013 | 400.89 | -33.51 | -7.71 % | 731.03 | 32.57 | 4.66 % |
| 2014 | 381.20 | -19.69 | -4.91 % | 742.69 | 11.66 | 1.6 % |
| 2015 | 346.71 | -34.49 | -9.05 % | 759.96 | 17.27 | 2.33 % |
| 2016 | 323.59 | -23.12 | -6.67 % | 774.11 | 14.15 | 1.86 % |
| 2017 | 381.45 | 57.86 | 17.88 % | 791.82 | 17.71 | 2.29 % |
| 2018 | 405.26 | 23.81 | 6.24 % | 782.33 | -9.49 | -1.2 % |
| 2019 | 389.33 | -15.93 | -3.93 % | 796.18 | 13.85 | 1.77 % |
| 2020 | 338.29 | -51.04 | -13.11 % | 768.11 | -28.07 | -3.53 % |
| 2021 | 420.12 | 81.83 | 24.19 % | 841.74 | 73.63 | 9.59 % |
| 2022 | 405.27 | -14.85 | -3.53 % | 918.22 | 76.48 | 9.09 % |
| 2023 | 377.78 | -27.49 | -6.78 % | 957.41 | 39.19 | 4.27 % |