South Africa – GDP Growth 2024
0.53%
−0.27pp from 2023
South Africa's gdp growth was 0.53% in 2024, decreased +0.27pp from 0.81% in 2023. This was the 168th highest in the G20.
G20 Ranking – 2024▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Guyana | 43.82% | 29.7% |
| 2nd | Niger | 10.30% | 517.6% |
| 3rd | Georgia | 9.68% | 23.6% |
| 4th | Kyrgyz Republic | 9.04% | 0.3% |
| 5th | Rwanda | 8.89% | 7.8% |
| 6th | Monaco | 8.51% | 56.3% |
| 7th | Tajikistan | 8.40% | 1.2% |
| 8th | Macao SAR, China | 7.85% | -89.6% |
| 9th | Benin | 7.45% | 17.3% |
| 10th | Cabo Verde | 7.24% | 51.1% |
| 11th | Viet Nam | 7.09% | 40.0% |
| 12th | Djibouti | 6.98% | 2.5% |
| 13th | Aruba | 6.81% | -11.6% |
| 14th | Malta | 6.80% | -36.0% |
| 15th | Togo | 6.53% | 5.5% |
| 16th | Uzbekistan | 6.50% | 3.3% |
| 17th | India | 6.49% | -29.3% |
| 18th | Mauritania | 6.31% | -7.4% |
| 19th | Turkmenistan | 6.30% | 0.0% |
| 20th | Congo, Democratic Republic of | 6.13% | -28.2% |
| 21st | Senegal | 6.06% | 42.4% |
| 22nd | Uganda | 6.06% | 13.5% |
| 23rd | Côte d'Ivoire | 6.02% | -8.8% |
| 24th | Cambodia | 5.98% | 19.3% |
| 25th | Bermuda | 5.97% | 21.5% |
| 26th | Armenia | 5.90% | -28.9% |
| 27th | Philippines | 5.69% | 3.1% |
| 28th | Turks and Caicos Islands | 5.64% | -58.9% |
| 29th | Ghana | 5.59% | 78.0% |
| 30th | Gambia, The | 5.55% | -6.2% |
| 31st | Tanzania | 5.53% | 9.0% |
| 32nd | Guinea | 5.35% | -3.5% |
| 33rd | Kiribati | 5.27% | 98.6% |
| 34th | Mongolia | 5.12% | -31.0% |
| 35th | Malaysia | 5.11% | 44.3% |
| 36th | Indonesia | 5.03% | -0.4% |
| 37th | Curaçao | 5.03% | 19.6% |
| 38th | Sri Lanka | 5.01% | 315.0% |
| 39th | Kazakhstan | 5.00% | -2.0% |
| 40th | Mali | 4.99% | 5.6% |
| 41st | China | 4.98% | -8.1% |
| 42nd | Dominican Republic | 4.95% | 126.0% |
| 43rd | Mauritius | 4.93% | -1.7% |
| 44th | Burkina Faso | 4.80% | 60.0% |
| 45th | Samoa | 4.75% | -68.8% |
| 46th | Kenya | 4.72% | -17.4% |
| 47th | Kosovo | 4.57% | 12.4% |
| 48th | Angola | 4.42% | 250.2% |
| 49th | Singapore | 4.39% | 140.9% |
| 50th | Russian Federation | 4.34% | 6.4% |
| 51st | Costa Rica | 4.32% | -15.5% |
| 52nd | Sierra Leone | 4.29% | -24.8% |
| 53rd | Paraguay | 4.25% | -15.0% |
| 54th | Bangladesh | 4.22% | -26.9% |
| 55th | Madagascar | 4.20% | -0.1% |
| 56th | Chad | 4.20% | 5.5% |
| 57th | Guinea-Bissau | 4.15% | -28.8% |
| 58th | Lao PDR | 4.13% | 10.3% |
| 59th | Burundi | 4.11% | 26.3% |
| 60th | Somalia, Fed. Rep. | 4.11% | -1.5% |
| 61st | Azerbaijan | 4.07% | 200.6% |
| 62nd | Nigeria | 4.06% | 22.1% |
| 63rd | St. Vincent and the Grenadines | 4.06% | -23.7% |
| 64th | Brunei Darussalam | 4.05% | 259.4% |
| 65th | Albania | 4.05% | 0.8% |
| 66th | Liberia | 4.02% | -14.1% |
| 67th | Belarus | 4.01% | -2.8% |
| 68th | United Arab Emirates | 3.99% | -7.2% |
| 69th | Grenada | 3.96% | -12.4% |
| 70th | Serbia | 3.95% | 5.4% |
| 71st | Cyprus | 3.94% | 8.9% |
| 72nd | St. Lucia | 3.89% | 76.1% |
| 73rd | Croatia | 3.83% | 1.7% |
| 74th | Zambia | 3.82% | -28.8% |
| 75th | Papua New Guinea | 3.80% | -0.3% |
| 76th | Morocco | 3.79% | 3.8% |
| 77th | Namibia | 3.71% | -16.5% |
| 78th | Algeria | 3.70% | -9.8% |
| 79th | Nepal | 3.67% | 84.9% |
| 80th | Iran, Islamic Republic of | 3.66% | -31.3% |
| 81st | Antigua and Barbuda | 3.66% | 50.6% |
| 82nd | Guatemala | 3.65% | 3.4% |
| 83rd | Nicaragua | 3.59% | -19.0% |
| 84th | Honduras | 3.55% | -0.6% |
| 85th | Fiji | 3.53% | -62.6% |
| 86th | Cameroon | 3.52% | 5.3% |
| 87th | Belize | 3.50% | 600.8% |
| 88th | Maldives | 3.49% | -29.3% |
| 89th | Denmark | 3.48% | 475.2% |
| 90th | Seychelles | 3.47% | 53.4% |
| 91st | Spain | 3.46% | 40.4% |
| 92nd | Brazil | 3.42% | 5.5% |
| 93rd | Gabon | 3.39% | 39.2% |
| 94th | Bulgaria | 3.39% | 101.4% |
| 95th | Bahamas, The | 3.38% | 10.8% |
| 96th | Andorra | 3.37% | 30.5% |
| 97th | Comoros | 3.34% | 11.4% |
| 98th | Türkiye | 3.33% | -34.0% |
| 99th | Peru | 3.30% | 919.3% |
| 100th | Puerto Rico (US) | 3.18% | 334.3% |
| 101st | Montenegro | 3.16% | -51.2% |
| 102nd | Uruguay | 3.11% | 318.8% |
| 103rd | Pakistan | 3.05% | 834.8% |
| 104th | Poland | 3.03% | 1,113.3% |
| 105th | Sint Maarten (Dutch part) | 3.00% | -21.1% |
| 106th | Solomon Islands | 3.00% | 5.5% |
| 107th | North Macedonia | 2.99% | 17.2% |
| 108th | Eswatini | 2.97% | -15.8% |
| 109th | Bosnia and Herzegovina | 2.97% | 49.0% |
| 110th | Ukraine | 2.91% | -47.4% |
| 111th | Lesotho | 2.85% | 56.3% |
| 112th | United States | 2.79% | -3.3% |
| 113th | Lithuania | 2.77% | 710.1% |
| 114th | Panama | 2.75% | -61.7% |
| 115th | Chile | 2.64% | 407.2% |
| 116th | Bahrain | 2.60% | -32.9% |
| 117th | El Salvador | 2.60% | -26.5% |
| 118th | Ireland | 2.60% | 202.5% |
| 119th | Congo, Republic of | 2.58% | 35.3% |
| 120th | Thailand | 2.54% | 26.0% |
| 121st | Trinidad and Tobago | 2.51% | 71.1% |
| 122nd | Hong Kong SAR, China | 2.50% | -22.3% |
| 123rd | Marshall Islands | 2.50% | 150.0% |
| 124th | Jordan | 2.49% | -13.7% |
| 125th | Barbados | 2.48% | -14.8% |
| 126th | Egypt, Arab Republic of | 2.40% | -36.2% |
| 127th | Qatar | 2.36% | 53.2% |
| 128th | Mozambique | 2.15% | -60.8% |
| 129th | Portugal | 2.14% | -31.0% |
| 130th | Norway | 2.10% | 2,808.0% |
| 131st | Greece | 2.09% | -2.3% |
| 132nd | Dominica | 2.05% | -43.8% |
| 133rd | Korea | 2.00% | 26.6% |
| 134th | Saudi Arabia | 2.00% | 268.0% |
| 135th | Slovak Republic | 1.94% | -8.2% |
| 136th | Libya | 1.90% | -81.4% |
| 137th | Zimbabwe | 1.74% | -67.4% |
| 138th | Slovenia | 1.73% | -27.1% |
| 139th | Suriname | 1.72% | -28.8% |
| 140th | Malawi | 1.67% | -14.0% |
| 141st | Oman | 1.63% | 15.4% |
| 142nd | Tunisia | 1.61% | 777.3% |
| 143rd | Colombia | 1.60% | 124.4% |
| 144th | Canada | 1.55% | 1.7% |
| 145th | Central African Republic | 1.50% | 114.3% |
| 146th | Mexico | 1.43% | -57.4% |
| 147th | Nauru | 1.39% | 98.6% |
| 148th | Australia | 1.37% | -61.7% |
| 149th | Switzerland | 1.30% | 90.6% |
| 150th | New Zealand | 1.29% | -7.6% |
| 151st | Czechia | 1.23% | 2,491.6% |
| 152nd | France | 1.19% | -17.3% |
| 153rd | United Kingdom | 1.13% | 314.7% |
| 154th | French Polynesia | 1.13% | -59.4% |
| 155th | São Tomé and Principe | 1.10% | 195.5% |
| 156th | Netherlands | 1.08% | 280.7% |
| 157th | Belgium | 1.07% | -37.6% |
| 158th | European Union | 1.06% | 134.3% |
| 159th | Vanuatu | 0.94% | -55.0% |
| 160th | Romania | 0.92% | -59.4% |
| 161st | Equatorial Guinea | 0.91% | 117.8% |
| 162nd | Israel | 0.87% | -52.3% |
| 163rd | Faroe Islands | 0.84% | -73.3% |
| 164th | Sweden | 0.82% | 501.9% |
| 165th | Micronesia, Federated States of | 0.72% | 58.7% |
| 166th | Italy | 0.69% | -29.0% |
| 167th | Hungary | 0.56% | 168.5% |
| 168th | South Africa | 0.53% | -33.7% |
| 169th | Finland | 0.42% | 144.3% |
| 170th | Luxembourg | 0.36% | 260.6% |
| 171st | St. Kitts and Nevis | 0.31% | -89.7% |
| 172nd | Japan | 0.10% | -92.9% |
| 173rd | Moldova | 0.10% | -91.4% |
| 174th | Latvia | -0.05% | 95.1% |
| 175th | Estonia | -0.09% | 96.7% |
| 176th | Germany | -0.50% | 43.0% |
| 177th | Jamaica | -0.54% | -119.5% |
| 178th | Austria | -0.66% | 16.2% |
| 179th | Iceland | -0.97% | -118.7% |
| 180th | Myanmar | -0.97% | -201.4% |
| 181st | Cuba | -1.06% | 45.0% |
| 182nd | Bolivia, Plurinational State of | -1.12% | -144.6% |
| 183rd | Argentina | -1.34% | 27.6% |
| 184th | Iraq | -1.55% | -398.5% |
| 185th | Ecuador | -2.00% | -200.7% |
| 186th | Kuwait | -2.56% | -53.6% |
| 187th | Botswana | -2.99% | -193.2% |
| 188th | Haiti | -4.17% | -123.7% |
| 189th | Timor-Leste | -9.10% | 49.8% |
| 190th | New Caledonia | -13.50% | -582.1% |
| 191st | Sudan | -13.96% | 52.6% |
| 192nd | West Bank and Gaza | -26.56% | -482.9% |
Related
2023
All years
Full ranking 2024
GDP
GDP per Capita
GDP PPP
GNI
GNI per Capita
Peak: 1964
Lowest: 2020
GDP Growth 1990s
GDP Growth 2000s
GDP Growth 2010s
GDP Growth 2020s
Highest ever
Lowest ever
Average
vs Tuvalu
vs Guatemala
vs Paraguay
vs Fiji
G20 GDP Growth
BRICS+ GDP Growth
African Union GDP Growth
G20 Ranking