Gdp Growth 2024 South African Economy. Gdp annual growth rate in south africa averaged 2.36 percent from 1994 until 2024, reaching an all time high of 19.40 percent in the second quarter of 2021 and a record. The outlook is weakly positive, with gdp growth projected at 1.3% in 2024 and 1.6% in 2025, as new infrastructure investments support construction and recovery of other sectors.

The gross domestic product (gdp) in south africa expanded 0.40 percent in the second quarter of 2024 over the previous quarter. This contribution is set to grow as.