South Africa gdp growth rate for 2015 was 1.19%, a 0.65% decline from 2014. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.
GDP Growth Rate QoQ
This assumes that significant outbreaks occur in most major African economies, leading to a substantial economic downturn. The data reached an all-time high of 9.4 % in Sep 1967 and a record low of -4.5 % in Mar 1983.
Annual percentage growth rate of GDP at market prices based on constant local currency.
We have provided a few examples below that you can copy and paste to your site:Your data export is now complete. South Africa gdp growth rate for 2018 was 0.79%, a 0.63% decline from 2017. The South African GDP declined 0.5% year-on-year in the fourth quarter of 2019, after expanding 0.1% in the previous period and compared with market expectations of a 0.1% drop.
The Gross Domestic Product (GDP) in South Africa contracted 0.3 % YoY in Mar 2020, following a negative growth of 0.6 % in the previous quarter. South Africa is the most developed country in Africa and was the largest until 2014, when it was overtaken by Nigeria. The economy expanded 0.2% in 2019, the least since a 1.5% contraction in 2009 and compared to 0.8% in 2019. GDP Growth Rate YoY
Manufacturing accounts for 13.9 percent; mining and quarrying for around 8.3 percent and agriculture for only 2.6 percent. Meanwhile, agricultural activity rebounded (2.1% vs -7.4%). The Trading Economics Application Programming Interface (API) provides direct access to our data. GDP Growth Rate QoQ
The South African economy contracted an annualized 0.6 percent on quarter in the three months to September of 2019, following an upwardly revised 3.2 percent growth in the previous period and much worse than market expectations of a 0.1 percent expansion. The largest sector of the economy is services which accounts for around 73 percent of GDP. The impact of unprecedented power blackouts was reflected across sectors, namely utilities (-3.6% vs -2.4% in Q3); manufacturing (-2.6% vs -1.5%); mining (-1.% vs -0.7%); transport, storage & communication (-3.7% vs -1%) and construction (-4.6% vs -3.7%). We have provided a few examples below that you can copy and paste to your site:Your image export is now complete. 1961 - 2020 | Quarterly | % | CEIC Data South Africa gdp growth rate for 2018 was 0.79%, a 0.63% decline from 2017. GDP Growth Rate YoY
World Bank national accounts data, and OECD National Accounts data files. Flexible monthly access to CEIC data The South African GDP grew 3.1 percent on quarter in the three months to June of 2019, following a downwardly revised 3.1 percent contraction in the previous period and beating market expectations of a 2.4 percent expansion.
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FocusEconomics panelists see the economy shrinking 7.1% in 2020, which is down 1.0 percentage point from last month’s forecast, and expanding 3.0% in 2021… GDP Growth Rate QoQ
South Africa fell five places in the World Economic Forum’s Global Competitiveness Report 2018, to 67th out of 140 economies. GDP growth (annual %) - Sub-Saharan Africa from The World Bank: Data. CEIC calculates Real GDP Growth from quarterly Real GDP. GDP Growth Rate YoY
Real GDP Growth YoY data in South Africa is updated quarterly, available from Mar 1961 to Mar 2020, with an average rate of 3.0 %. The South African Treasury expects the GDP to grow 0.5 percent in 2019.
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