South Africa (2024)
58.2
% of GDP
-5.1pp YoY
YoY Change
-5.1pp
percentage points
Trend
down
Series length
35
years of data

Data

Year% of GDPYoY Change
202458.2-5.1pp
202363.3-0.2pp
202263.6+7pp
202156.6+6.3pp
202050.3-0.5pp
201950.7-0.6pp
201851.3+1.4pp
201749.9-1.9pp
201651.9-1.7pp
201553.5-2.9pp
201456.4+0.9pp
201355.5+3.3pp
201252.2+1.3pp
201150.9+5.8pp
201045.1+3.9pp
200941.2-16.5pp
200857.7+10.2pp
200747.5+2.5pp
200645.1+5.6pp
200539.4n/a

About this Dataset

South Africa recorded 58.2 % of GDP in 2024. The most recent year-on-year change was -5.1pp. The historical series (1990–2024) shows a peak of 63.6 in 2022 and a trough of 29.4 in 1992.

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 merchandise trade (% 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 63.6 % of GDP in 2022 and reached its lowest recorded value of 29.4 in 1992. The latest reading of 58.2 in 2024 represents a year-on-year change of -5.1pp.