Gross value added at basic prices (GVA) in South Africa
South Africa: Gross value added at basic prices (GVA) was 6.88 trillion current LCU in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in South Africa, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, gross value added at basic prices (gva) in South Africa stood at 6.88 trillion current LCU. That is the highest value across all 66 years on record.
The figure is up 3.8% on the previous year and up 72.7% over ten years.
Over the whole period, gross value added at basic prices (gva) in South Africa peaked at 6.88 trillion current LCU in 2025 and was at its lowest, 5.98 billion current LCU, in 1960.
That places South Africa 65th out of 206 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.90 billion current LCU | 5.98 billion current LCU | 13.07 billion current LCU | 10 |
| 1970s | 29.11 billion current LCU | 14.38 billion current LCU | 49.95 billion current LCU | 10 |
| 1980s | 139.54 billion current LCU | 65.88 billion current LCU | 259.26 billion current LCU | 10 |
| 1990s | 555.71 billion current LCU | 299.46 billion current LCU | 850.88 billion current LCU | 10 |
| 2000s | 1.68 trillion current LCU | 969.21 billion current LCU | 2.56 trillion current LCU | 10 |
| 2010s | 3.91 trillion current LCU | 2.80 trillion current LCU | 5.06 trillion current LCU | 10 |
| 2020s | 6.07 trillion current LCU | 5.04 trillion current LCU | 6.88 trillion current LCU | 6 |
Countries ranked near South Africa
More economy & growth data for South Africa
- DEC alternative conversion factor 17.89 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -34.59 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -1.93 billion current US$ (2025)
- Taxes less subsidies on products 765.44 billion current LCU (2025)
- Taxes less subsidies on products 42.79 billion current US$ (2025)
- Net primary income (Net income from abroad) -146.54 billion current LCU (2025)
- Net primary income (Net income from abroad) -8.19 billion current US$ (2025)
- GNI per capita 115,762 current LCU (2025)
- GNI per capita, Atlas method 6,270 current US$ (2025)
- GNI 7.50 trillion current LCU (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in South Africa?
- Gross value added at basic prices (gva) in South Africa was 6.88 trillion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in South Africa?
- The highest recorded value was 6.88 trillion current LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in South Africa?
- The lowest recorded value was 5.98 billion current LCU in 1960.
- How does South Africa rank for gross value added at basic prices (gva)?
- South Africa ranks 65th out of 206 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in South Africa?
- Over the last ten years it is up 72.7%. The long-run trend across the full record is volatile.
- Where does this South Africa data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.