In 2018, GDP for South Africa was 376.68 billion US dollars. Over the last 8 years, GDP in South Africa was decreasing on average by 0.49 % each year, although before that, it grew from 115.75 billion US dollars in 2002 to 416.88 billion US dollars in 2011.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
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.