Services, value added in South Africa
South Africa: Services, value added was 3.16 trillion constant LCU in 2025. ◆ Volatile
Services, value added in South Africa, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, services, value added in South Africa stood at 3.16 trillion constant LCU. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 11.7% over ten years.
Over the whole period, services, value added in South Africa peaked at 3.16 trillion constant LCU in 2025 and was at its lowest, 402.47 billion constant LCU, in 1960.
That places South Africa 55th out of 198 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 | 507.13 billion constant LCU | 402.47 billion constant LCU | 642.85 billion constant LCU | 10 |
| 1970s | 833.23 billion constant LCU | 682.00 billion constant LCU | 952.04 billion constant LCU | 10 |
| 1980s | 1.15 trillion constant LCU | 1.01 trillion constant LCU | 1.28 trillion constant LCU | 10 |
| 1990s | 1.40 trillion constant LCU | 1.29 trillion constant LCU | 1.61 trillion constant LCU | 10 |
| 2000s | 2.07 trillion constant LCU | 1.68 trillion constant LCU | 2.45 trillion constant LCU | 10 |
| 2010s | 2.79 trillion constant LCU | 2.50 trillion constant LCU | 3.00 trillion constant LCU | 10 |
| 2020s | 3.07 trillion constant LCU | 2.87 trillion constant LCU | 3.16 trillion constant 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 services, value added in South Africa?
- Services, value added in South Africa was 3.16 trillion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in South Africa?
- The highest recorded value was 3.16 trillion constant LCU in 2025.
- What is the lowest services, value added recorded in South Africa?
- The lowest recorded value was 402.47 billion constant LCU in 1960.
- How does South Africa rank for services, value added?
- South Africa ranks 55th out of 198 countries with data for 2025.
- Is services, value added rising or falling in South Africa?
- Over the last ten years it is up 11.7%. 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 Offices (NSOs), published as part of Services, value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.