South Africa - GDP

GDP (current US$)

The latest value for GDP (current US$) in South Africa was $335,442,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $458,202,000,000 in 2011 and $7,575,397,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $7,575,397,000
1961 $7,972,997,000
1962 $8,497,997,000
1963 $9,423,396,000
1964 $10,374,000,000
1965 $11,334,400,000
1966 $12,355,000,000
1967 $13,777,390,000
1968 $14,894,590,000
1969 $16,780,390,000
1970 $18,418,390,000
1971 $20,333,690,000
1972 $21,357,440,000
1973 $29,295,680,000
1974 $36,807,720,000
1975 $38,114,540,000
1976 $36,603,350,000
1977 $40,651,350,000
1978 $46,739,450,000
1979 $57,645,720,000
1980 $82,980,490,000
1981 $85,454,420,000
1982 $78,423,060,000
1983 $87,415,850,000
1984 $77,344,100,000
1985 $59,082,640,000
1986 $67,521,600,000
1987 $88,573,700,000
1988 $95,176,640,000
1989 $99,030,860,000
1990 $115,552,000,000
1991 $123,943,000,000
1992 $134,545,000,000
1993 $147,197,000,000
1994 $153,513,000,000
1995 $171,735,000,000
1996 $163,237,000,000
1997 $168,977,000,000
1998 $152,983,000,000
1999 $151,517,000,000
2000 $151,753,000,000
2001 $135,430,000,000
2002 $129,088,000,000
2003 $197,020,000,000
2004 $255,807,000,000
2005 $288,868,000,000
2006 $303,861,000,000
2007 $333,075,000,000
2008 $316,132,000,000
2009 $329,753,000,000
2010 $417,365,000,000
2011 $458,202,000,000
2012 $434,401,000,000
2013 $400,886,000,000
2014 $381,199,000,000
2015 $346,710,000,000
2016 $323,586,000,000
2017 $381,449,000,000
2018 $404,842,000,000
2019 $387,935,000,000
2020 $335,442,000,000

GDP (current LCU)

The value for GDP (current LCU) in South Africa was 5,521,080,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 5,605,030,000,000 in 2019 and a minimum value of 5,411,000,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 5,411,000,000
1961 5,695,000,000
1962 6,070,000,000
1963 6,731,000,000
1964 7,410,000,000
1965 8,096,000,000
1966 8,825,000,000
1967 9,841,000,000
1968 10,639,000,000
1969 11,986,000,000
1970 13,156,000,000
1971 14,543,000,000
1972 16,418,000,000
1973 20,330,000,000
1974 25,010,000,000
1975 28,186,000,000
1976 31,829,000,000
1977 35,349,000,000
1978 40,643,000,000
1979 48,539,000,000
1980 64,628,000,000
1981 74,993,000,000
1982 85,153,000,000
1983 97,390,000,000
1984 114,104,000,000
1985 131,676,000,000
1986 154,289,000,000
1987 180,339,000,000
1988 216,381,000,000
1989 259,726,000,000
1990 298,971,000,000
1991 342,245,000,000
1992 383,723,000,000
1993 480,994,000,000
1994 545,093,000,000
1995 622,901,000,000
1996 701,804,000,000
1997 778,644,000,000
1998 845,733,000,000
1999 925,690,000,000
2000 1,053,140,000,000
2001 1,165,940,000,000
2002 1,360,680,000,000
2003 1,490,400,000,000
2004 1,652,430,000,000
2005 1,837,000,000,000
2006 2,057,590,000,000
2007 2,346,650,000,000
2008 2,611,630,000,000
2009 2,794,230,000,000
2010 3,055,610,000,000
2011 3,327,050,000,000
2012 3,566,390,000,000
2013 3,868,630,000,000
2014 4,133,870,000,000
2015 4,420,790,000,000
2016 4,759,550,000,000
2017 5,078,190,000,000
2018 5,357,640,000,000
2019 5,605,030,000,000
2020 5,521,080,000,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in South Africa was 5,521,080,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 5,605,030,000,000 in 2019 and 327,657,000,000 in 1990.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 327,657,000,000
1991 375,083,000,000
1992 420,541,000,000
1993 480,994,000,000
1994 545,093,000,000
1995 622,901,000,000
1996 701,804,000,000
1997 778,644,000,000
1998 845,733,000,000
1999 925,690,000,000
2000 1,053,140,000,000
2001 1,165,940,000,000
2002 1,360,680,000,000
2003 1,490,400,000,000
2004 1,652,430,000,000
2005 1,837,000,000,000
2006 2,057,590,000,000
2007 2,346,650,000,000
2008 2,611,630,000,000
2009 2,794,230,000,000
2010 3,055,610,000,000
2011 3,327,050,000,000
2012 3,566,390,000,000
2013 3,868,630,000,000
2014 4,133,870,000,000
2015 4,420,790,000,000
2016 4,759,550,000,000
2017 5,078,190,000,000
2018 5,357,640,000,000
2019 5,605,030,000,000
2020 5,521,080,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in South Africa was 335,640,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 358,712,000,000 in 2019 and 65,652,820,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 65,652,820,000
1961 68,177,000,000
1962 72,388,900,000
1963 77,726,580,000
1964 83,897,900,000
1965 89,034,770,000
1966 92,986,400,000
1967 99,678,240,000
1968 103,818,000,000
1969 108,714,000,000
1970 114,420,000,000
1971 119,316,000,000
1972 121,291,000,000
1973 126,836,000,000
1974 134,587,000,000
1975 136,869,000,000
1976 139,948,000,000
1977 139,817,000,000
1978 144,032,000,000
1979 149,491,000,000
1980 159,388,000,000
1981 167,933,000,000
1982 167,289,000,000
1983 164,200,000,000
1984 172,573,000,000
1985 170,482,000,000
1986 170,512,000,000
1987 174,094,000,000
1988 181,406,000,000
1989 185,751,000,000
1990 185,160,000,000
1991 183,275,000,000
1992 179,358,000,000
1993 181,571,000,000
1994 187,381,000,000
1995 193,190,000,000
1996 201,497,000,000
1997 206,736,000,000
1998 207,770,000,000
1999 212,756,000,000
2000 221,692,000,000
2001 227,678,000,000
2002 236,103,000,000
2003 243,065,000,000
2004 254,136,000,000
2005 267,547,000,000
2006 282,540,000,000
2007 297,685,000,000
2008 307,184,000,000
2009 302,460,000,000
2010 311,654,000,000
2011 321,529,000,000
2012 329,233,000,000
2013 337,416,000,000
2014 342,187,000,000
2015 346,710,000,000
2016 349,014,000,000
2017 353,055,000,000
2018 358,307,000,000
2019 358,712,000,000
2020 335,640,000,000

GDP (constant LCU)

The value for GDP (constant LCU) in South Africa was 4,279,650,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 4,573,830,000,000 in 2019 and a minimum value of 837,119,000,000 in 1960.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 837,119,000,000
1961 869,305,000,000
1962 923,009,000,000
1963 991,068,000,000
1964 1,069,760,000,000
1965 1,135,260,000,000
1966 1,185,640,000,000
1967 1,270,970,000,000
1968 1,323,760,000,000
1969 1,386,180,000,000
1970 1,458,940,000,000
1971 1,521,370,000,000
1972 1,546,540,000,000
1973 1,617,250,000,000
1974 1,716,080,000,000
1975 1,745,180,000,000
1976 1,784,440,000,000
1977 1,782,760,000,000
1978 1,836,500,000,000
1979 1,906,120,000,000
1980 2,032,310,000,000
1981 2,141,260,000,000
1982 2,133,050,000,000
1983 2,093,660,000,000
1984 2,200,420,000,000
1985 2,173,760,000,000
1986 2,174,150,000,000
1987 2,219,820,000,000
1988 2,313,060,000,000
1989 2,368,450,000,000
1990 2,360,930,000,000
1991 2,336,890,000,000
1992 2,286,950,000,000
1993 2,315,160,000,000
1994 2,389,240,000,000
1995 2,463,310,000,000
1996 2,569,230,000,000
1997 2,636,030,000,000
1998 2,649,210,000,000
1999 2,712,790,000,000
2000 2,826,730,000,000
2001 2,903,050,000,000
2002 3,010,470,000,000
2003 3,099,250,000,000
2004 3,240,410,000,000
2005 3,411,410,000,000
2006 3,602,580,000,000
2007 3,795,690,000,000
2008 3,916,820,000,000
2009 3,856,570,000,000
2010 3,973,800,000,000
2011 4,099,710,000,000
2012 4,197,950,000,000
2013 4,302,290,000,000
2014 4,363,120,000,000
2015 4,420,790,000,000
2016 4,450,170,000,000
2017 4,501,700,000,000
2018 4,568,670,000,000
2019 4,573,830,000,000
2020 4,279,650,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in South Africa was 792,398,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 836,784,000,000 in 2019 and 260,126,000,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 260,126,000,000
1991 266,185,000,000
1992 266,433,000,000
1993 276,113,000,000
1994 291,033,000,000
1995 306,347,000,000
1996 325,370,000,000
1997 339,799,000,000
1998 345,342,000,000
1999 358,736,000,000
2000 382,159,000,000
2001 401,086,000,000
2002 422,507,000,000
2003 443,044,000,000
2004 475,694,000,000
2005 516,396,000,000
2006 561,837,000,000
2007 607,856,000,000
2008 639,453,000,000
2009 634,418,000,000
2010 661,320,000,000
2011 696,526,000,000
2012 698,221,000,000
2013 730,518,000,000
2014 741,916,000,000
2015 758,901,000,000
2016 772,769,000,000
2017 790,171,000,000
2018 821,179,000,000
2019 836,784,000,000
2020 792,398,000,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in South Africa was 751,194,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 802,832,000,000 in 2019 and 401,421,000,000 in 1992.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 414,406,000,000
1991 410,187,000,000
1992 401,421,000,000
1993 406,373,000,000
1994 419,376,000,000
1995 432,377,000,000
1996 450,969,000,000
1997 462,695,000,000
1998 465,008,000,000
1999 476,168,000,000
2000 496,167,000,000
2001 509,564,000,000
2002 528,420,000,000
2003 544,003,000,000
2004 568,780,000,000
2005 598,795,000,000
2006 632,350,000,000
2007 666,247,000,000
2008 687,507,000,000
2009 676,933,000,000
2010 697,510,000,000
2011 719,611,000,000
2012 736,854,000,000
2013 755,169,000,000
2014 765,845,000,000
2015 775,969,000,000
2016 781,126,000,000
2017 790,171,000,000
2018 801,925,000,000
2019 802,832,000,000
2020 751,194,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts