South Africa Services Value Added
Services value added as % of GDP NV.SRV.TOTL.ZS
South Africa's services value added was 62.09% in 2025, ranked 72nd globally. This represents a 1.4% decrease from 2024. Data from World Bank, covering 1960–2025.
Overview
South Africa's services value added stood at 62.09% in 2025, a decline of +0.90% from 2024. Based on recent trends, this figure is projected to reach 62.09% by 2025. South Africa ranked 72nd globally.
South Africa's Services Value Added has demonstrated a steady growth trajectory over the past 66 years, with a notable peak of 64.61 in 2020 and a trough of 46.89 in 1980. The country's services sector has consistently contributed a substantial share of its GDP, with the latest value standing at 62.09, ranking it 72 globally. A comparison with peer countries reveals that South Africa's services value added lags behind Finland, which holds the 5th rank with a value of 62.51. Notably, South Africa's services sector has exhibited a resilience, with the country experiencing a moderate economic growth during the COVID-19 pandemic. However, the sector still faces challenges, including high unemployment rates and a skills gap. As the global economy continues to shift towards a more service-oriented economy, South Africa's services sector will need to adapt and innovate to remain competitive, particularly if the country is to achieve its goal of reducing unemployment and increasing economic growth.
Data & projection
| Year | Services Value Added | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 61.44% | - | - |
| 2026* trend | 61.76% | - | - |
| 2025* trend | 62.09% | - | - |
| 2025 | 62.09% | −0.90% | #72 |
| 2024 | 62.99% | +0.27% | #121 |
| 2023 | 62.72% | +0.45% | #136 |
| 2022 | 62.27% | −0.47% | #138 |
| 2021 | 62.74% | −1.87% | #140 |
| 2020 | 64.61% | +0.26% | #141 |
| 2019 | 64.35% | +0.09% | #143 |
| 2018 | 64.25% | −0.08% | #145 |
| 2017 | 64.33% | +0.42% | #146 |
| 2016 | 63.91% | −0.19% | #145 |
| 2015 | 64.10% | +0.09% | #145 |
| 2014 | 64.01% | −0.04% | #143 |
| 2013 | 64.05% | −0.25% | #143 |
| 2012 | 64.30% | −0.04% | #147 |
| 2011 | 64.34% | +0.07% | #146 |
Detected Pattern
Analysis
South Africa matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw services value added improve within 24 months. View full analysis →
Frequently Asked Questions
South Africa's services value added was 62.09% in 2025. Ranked 72nd globally. This represents a 1.4% decrease from the previous year.
South Africa's services value added peaked at 64.61% in 2020.
The lowest services value added in South Africa was 46.89% in 1980.
South Africa ranks 72nd globally in services value added as of 2025.
The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.
South Africa's services value added is projected to reach 62.09% by 2025 based on trend extrapolation.
The services value added of South Africa in 2025 was 62.09%. This ranks 72nd in the world.
Cite this page
@misc{historysaid_south-africa_services-value-added,
title = {South Africa Services Value Added},
url = {https://historysaid.com/south-africa/services-value-added/},
publisher = {HistorySaid},
year = {2026}
}