South Africa Industry Value Added (% of GDP) (2024)
South Africa's Industry Value Added (% of GDP): 24.3 % of GDP in 2024, -0.3pp YoY. World Bank (NV.IND.TOTL.ZS), 1990–2024.
South Africa (2024)
24.3
% of GDP
-0.3pp YoY
YoY Change
-0.3pp
percentage points
Trend
down
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 24.3 | -0.3pp |
| 2023 | 24.6 | -0.4pp |
| 2022 | 25 | +0.1pp |
| 2021 | 24.9 | +1.6pp |
| 2020 | 23.3 | -0.3pp |
| 2019 | 23.6 | +0.1pp |
| 2018 | 23.5 | -0.1pp |
| 2017 | 23.6 | -0.2pp |
| 2016 | 23.8 | +0.1pp |
| 2015 | 23.7 | -0.6pp |
| 2014 | 24.3 | -0.3pp |
| 2013 | 24.6 | +0.1pp |
| 2012 | 24.5 | -0.4pp |
| 2011 | 24.8 | -0.5pp |
| 2010 | 25.3 | -0.4pp |
| 2009 | 25.7 | -1.2pp |
| 2008 | 26.9 | +1.7pp |
| 2007 | 25.3 | +0.4pp |
| 2006 | 24.9 | -1.2pp |
| 2005 | 26 | n/a |
About this Dataset
South Africa recorded 24.3 % of GDP in 2024. The most recent year-on-year change was -0.3pp. The historical series (1990–2024) shows a peak of 35.6 in 1990 and a trough of 23.3 in 2020.
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 industry value added (% 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 35.6 % of GDP in 1990 and reached its lowest recorded value of 23.3 in 2020. The latest reading of 24.3 in 2024 represents a year-on-year change of -0.3pp.