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Economy Snapshot

South Africa Economy and Trade

PretoriaLocal time

GDP $427.18B · real growth 1.1% · latest verified annual data

The macro snapshot for South Africa pairs $427.18B in nominal GDP (2025) with a real-growth reading of 1.1% (2025). The page also records $6,598 of GDP per capita for 2025 and an inflation reading of 3.2% for 2025. Each measure keeps its own reference period below, avoiding a false same-year comparison between series released on different schedules.

Nominal GDP
$427.18B
current US$ · 2025
World Bank
GDP per capita
$6,598
current US$ · 2025
Source listed below
Real GDP growth
1.1%
annual % · 2025
Source listed below
Inflation
3.2%
CPI annual % · 2025
Source listed below

South Africa at a Glance

Each measure keeps its actual reference year and definition.

Output trend

Nominal GDP · annual observations · current US$ · World Bank
201520172019202120232025$346.71B$427.18B
2015: $346.71B2016: $323.59B2017: $381.45B2018: $405.26B2019: $389.33B2020: $337.97B2021: $419.99B2022: $407.60B2023: $381.44B2024: $401.14B2025: $427.18B
GDP per capita$6,598
Real growth1.1%
GDP year2025
2025 Inflation
3.2%
CPI annual %
2025 Unemployment
32.4%
labor-market measure
2025 GDP per capita
$6,598
current US$

Macro signals

Available measures are shown with their reported reference periods.

Macro signals

World Bank annual observations
MACRO
Real growth20251.1%
Unemployment202532.4%
Inflation20253.2%
Understand the numbers

What South Africa's economic profile is telling you

South Africa's nominal GDP reached about $427.18 billion in 2025, but real growth remained modest at 1.1 percent. Inflation eased to 3.2 percent, while modeled unemployment remained exceptionally high at 32.4 percent.

Reading the macro data

Nominal GDP measures current-dollar size. Real growth, inflation and unemployment describe different economic conditions and can have different reference years.

Reading the trade data

Merchandise trade covers goods. A balance appears only when exports and imports have a verified matching year and currency basis.

Detailed Economic Data

IndicatorSouth AfricaReference periodStatus
GDPcurrent US$$427.18B2025Actual
GDP per capitacurrent US$$6,5982025Actual
Real GDP growthannual %1.1%2025Actual
InflationCPI annual %3.2%2025Actual
Unemploymentmodeled ILO estimate32.4%2025Estimate
Merchandise balancematched year requiredNot calculatedUnavailableUnavailable

Frequently Asked Questions

What is South Africa's latest GDP?

The verified GDP observation used here is $427.18B for 2025.

What does merchandise trade show for South Africa?

A matched merchandise export and import pair was not independently resolved on this page, so no goods balance is calculated.

Sources & methodology

Sources for the economic indicators and definitions shown above.

View sources used for this page
WTO Tariff and Trade Data

Matched-year merchandise trade where independently resolved.