South Africa 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$337.97 billion
↓ 13.19% vs 2019GDP per Capita
$5,580.60
↓ 14.59% vs 2019GDP Growth (Annual %)
-6.17%
↓ 6.43pp vs 2019Inflation Rate (CPI %)
3.23%
↓ 0.87pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $389.33 billion | $337.97 billion | -13.19% |
| GDP per Capita | $6,533.71 | $5,580.60 | -14.59% |
| GDP Growth (Annual %) | 0.26% | -6.17% | -6.43pp |
| Inflation (CPI %) | 4.10% | 3.23% | -0.87pp |
| Unemployment Rate (%) | 28.47% | 29.22% | +0.75pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $337.97 billion
- GDP per Capita
- $5,580.60
- GDP Growth (Annual %)
- -6.17%
- Gross National Income
- $332.35 billion
Prices & Employment
- Inflation (CPI %)
- 3.23%
- Inflation (GDP Deflator %)
- 5.39%
- Unemployment Rate (%)
- 29.22%
- Interest Rate (Real %)
- 2.20%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 2.00%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, South Africa's Gross Domestic Product (GDP) is $337.97 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in South Africa for 2020 is $5,580.60. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in South Africa for 2020 is 3.23%. This measures the annual percentage change in the cost of consumer goods and services.
South Africa's annual GDP growth rate for 2020 is -6.17%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in South Africa for 2020 is 29.22%. This represents the percentage of the labor force that is unemployed and actively seeking employment.