The growth of the real gross domestic product (GDP) in South Africa was forecast to increase between 2024 and 2029 by in total 0.4 percentage points. This overall increase does not happen continuously, notably not in 2026 and 2028. The growth is estimated to amount to 1.49 percent in 2029. As described by the International Monetary Fund, this indicator describes the annual change in the gross domestic product at constant prices. This is expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.
Find more key insights for the growth of the real gross domestic product (GDP) in countries like Lesotho, Eswatini, and Botswana.
South Africa: Real gross domestic product (GDP) growth rate from 2019 to 2029
(compared to the previous year)
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IMF. (October 22, 2024). South Africa: Real gross domestic product (GDP) growth rate from 2019 to 2029 (compared to the previous year) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/370514/gross-domestic-product-gdp-growth-rate-in-south-africa/
IMF. "South Africa: Real gross domestic product (GDP) growth rate from 2019 to 2029 (compared to the previous year)." Chart. October 22, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/370514/gross-domestic-product-gdp-growth-rate-in-south-africa/
IMF. (2024). South Africa: Real gross domestic product (GDP) growth rate from 2019 to 2029 (compared to the previous year). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/370514/gross-domestic-product-gdp-growth-rate-in-south-africa/
IMF. "South Africa: Real Gross Domestic Product (Gdp) Growth Rate from 2019 to 2029 (Compared to The Previous Year)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/370514/gross-domestic-product-gdp-growth-rate-in-south-africa/
IMF, South Africa: Real gross domestic product (GDP) growth rate from 2019 to 2029 (compared to the previous year) Statista, https://www.statista.com/statistics/370514/gross-domestic-product-gdp-growth-rate-in-south-africa/ (last visited November 23, 2024)
South Africa: Real gross domestic product (GDP) growth rate from 2019 to 2029 (compared to the previous year) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/370514/gross-domestic-product-gdp-growth-rate-in-south-africa/
