South Africa 2021
Detailed economic analysis and indicators for 2021
Key Economic Indicators (2021)
GDP (Current USD)
$420.89 billion
↑ 24.53% vs 2020GDP per Capita
$6,843.40
↑ 22.63% vs 2020GDP Growth (Annual %)
4.96%
↑ 11.12pp vs 2020Inflation Rate (CPI %)
4.62%
↑ 1.39pp vs 2020Year-over-Year Comparison
| Indicator | 2020 | 2021 | Change |
|---|---|---|---|
| GDP (Current USD) | $337.97 billion | $420.89 billion | +24.53% |
| GDP per Capita | $5,580.60 | $6,843.40 | +22.63% |
| GDP Growth (Annual %) | -6.17% | 4.96% | +11.12pp |
| Inflation (CPI %) | 3.23% | 4.62% | +1.39pp |
| Unemployment Rate (%) | 29.22% | 34.01% | +4.79pp |
All Economic Indicators (2021)
National Accounts
- GDP (Current USD)
- $420.89 billion
- GDP per Capita
- $6,843.40
- GDP Growth (Annual %)
- 4.96%
- Gross National Income
- $412.86 billion
Prices & Employment
- Inflation (CPI %)
- 4.62%
- Inflation (GDP Deflator %)
- 6.54%
- Unemployment Rate (%)
- 34.01%
- Interest Rate (Real %)
- 0.47%
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)
- 3.73%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2021, South Africa's Gross Domestic Product (GDP) is $420.89 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in South Africa for 2021 is $6,843.40. 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 2021 is 4.62%. This measures the annual percentage change in the cost of consumer goods and services.
South Africa's annual GDP growth rate for 2021 is 4.96%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in South Africa for 2021 is 34.01%. This represents the percentage of the labor force that is unemployed and actively seeking employment.