South Africa Household Final Consumption (% of GDP) (2024)
South Africa's Household Final Consumption (% of GDP): 64.6 % of GDP in 2024, +0.4pp YoY. World Bank (NE.CON.PRVT.ZS), 1990–2024.
South Africa (2024)
64.6
% of GDP
+0.4pp YoY
YoY Change
+0.4pp
percentage points
Trend
up
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 64.6 | +0.4pp |
| 2023 | 64.2 | +0.8pp |
| 2022 | 63.4 | +1.6pp |
| 2021 | 61.8 | -0.8pp |
| 2020 | 62.6 | -1.5pp |
| 2019 | 64.1 | +0.1pp |
| 2018 | 64 | +1pp |
| 2017 | 63 | -0.3pp |
| 2016 | 63.3 | -0.4pp |
| 2015 | 63.7 | -0pp |
| 2014 | 63.7 | -0.2pp |
| 2013 | 63.9 | -0.4pp |
| 2012 | 64.3 | +1.4pp |
| 2011 | 62.9 | +0.6pp |
| 2010 | 62.4 | +0.4pp |
| 2009 | 62 | -1pp |
| 2008 | 63 | -0.4pp |
| 2007 | 63.5 | -0.1pp |
| 2006 | 63.6 | -0pp |
| 2005 | 63.6 | n/a |
About this Dataset
South Africa recorded 64.6 % of GDP in 2024. The most recent year-on-year change was +0.4pp. The historical series (1990–2024) shows a peak of 66.0 in 1999 and a trough of 61.8 in 2021.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks south africa household final consumption (% of gdp) in South Africa, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 66.0 % of GDP in 1999 and reached its lowest recorded value of 61.8 in 2021. The latest reading of 64.6 in 2024 represents a year-on-year change of +0.4pp.