Gross value added at basic prices (GVA) in South Africa

South Africa: Gross value added at basic prices (GVA) was 384.40 billion current US$ in 2025. ◆ Volatile

Latest (2025)
384.40 billion current US$
Change on year
up 6.3%
World rank
39th
of 206 countries
All-time high
418.00 billion current US$
in 2011
All-time low
8.37 billion current US$
in 1960
Years of data
66
1960–2025

Gross value added at basic prices (GVA) in South Africa, 1960–2025

0100.0B200.0B300.0B400.0B196019922025

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

South Africa recorded 384.40 billion current US$ for gross value added at basic prices (gva) in 2025.

That represents a change of up 6.3% on the previous year and up 23.1% over ten years.

Over the whole period, gross value added at basic prices (gva) in South Africa peaked at 418.00 billion current US$ in 2011 and was at its lowest, 8.37 billion current US$, in 1960.

That places South Africa 39th out of 206 countries with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 12.45 billion current US$ 8.37 billion current US$ 18.30 billion current US$ 10
1970s 36.81 billion current US$ 20.14 billion current US$ 59.33 billion current US$ 10
1980s 83.39 billion current US$ 59.86 billion current US$ 98.86 billion current US$ 10
1990s 140.15 billion current US$ 115.74 billion current US$ 158.57 billion current US$ 10
2000s 222.69 billion current US$ 119.09 billion current US$ 302.64 billion current US$ 10
2010s 356.64 billion current US$ 291.58 billion current US$ 418.00 billion current US$ 10
2020s 356.52 billion current US$ 305.96 billion current US$ 384.40 billion current US$ 6

Countries ranked near South Africa

  1. 36 Denmark 410.13 billion current US$ compare
  2. 37 Hong Kong 398.80 billion current US$ compare
  3. 38 Romania 386.20 billion current US$ compare
  4. 40 Pakistan 382.92 billion current US$ compare
  5. 41 Czechia 357.62 billion current US$ compare
  6. 42 Iran 353.00 billion current US$ compare

See the full ranking of 244 places →

More economy & growth data for South Africa

All data for South Africa →

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 384.40 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross value added at basic prices (gva) recorded in South Africa?
The highest recorded value was 418.00 billion current US$ in 2011.
What is the lowest gross value added at basic prices (gva) recorded in South Africa?
The lowest recorded value was 8.37 billion current US$ in 1960.
How does South Africa rank for gross value added at basic prices (gva)?
South Africa ranks 39th 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 23.1%. 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 10,967 data points, 1960–2025
Last refreshed

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 indicator is expressed in United States dollars.