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Trading Basics

South Africa

Capital
Pretoria
Region
Sub-Saharan Africa
Income group
Upper middle income
Population
64.7 million (2025)

At a glance

  • Prices in South Africa rose 3.2% in 2025, close to the middle of the range worldwide.
  • South Africa's economy grew 1.1% in 2025, slower than most economies.
  • Output per person in South Africa was US$6,598 in 2025, close to the middle of the range worldwide.
  • 32.4% of South Africa's labour force had no job in 2025, a higher share than in most countries.
  • South Africa's central government owed 82.8% of GDP in 2024, more than in most countries with data.
  • South Africa had 64.7 million people in 2025: about 0.8% of everyone on Earth, the 24th largest population of 217 countries and territories.
  • South Africa had a current account deficit of 0.4% of GDP in 2025, close to the middle of the range worldwide.

Consumer prices, change over the year (yearly average)

3.2%
World median 3.0%

Since 2000

Show the numbers
Inflation in South Africa and the world median, last ten years
YearSouth AfricaWorld median
20253.2%3.0%
20244.4%3.0%
20236.1%5.7%
20227.0%8.0%
20214.6%3.5%
20203.2%1.9%
20194.1%2.2%
20184.5%2.5%
20175.2%2.3%
20166.6%1.6%

Real GDP, change over the year

1.1%
World median 3.4%

Since 2000

Show the numbers
Economic growth in South Africa and the world median, last ten years
YearSouth AfricaWorld median
20251.1%3.4%
20240.5%3.4%
20230.8%3.2%
20222.1%4.3%
20214.9%5.1%
2020−6.2%−3.8%
20190.3%2.8%
20181.6%3.2%
20171.2%3.3%
20160.7%3.1%

GDP divided by population, in US dollars at current prices

US$6,598
World median US$7,882

Since 2000

Show the numbers
GDP per person in South Africa and the world median, last ten years
YearSouth AfricaWorld median
2025US$6,598US$7,882
2024US$6,267US$7,853
2023US$6,034US$7,862
2022US$6,534US$7,656
2021US$6,829US$7,269
2020US$5,581US$6,433
2019US$6,534US$7,037
2018US$6,914US$6,978
2017US$6,618US$6,548
2016US$5,651US$5,982

Share of the labour force without a job (ILO modelled estimate)

32.4%
World median 5.1%

Since 2000

Show the numbers
Unemployment in South Africa and the world median, last ten years
YearSouth AfricaWorld median
202532.4%5.1%
202432.3%5.1%
202332.1%5.2%
202233.3%5.3%
202134.0%6.0%
202029.2%6.4%
201928.5%5.4%
201826.9%5.4%
201727.0%5.6%
201626.5%5.9%

Central government debt, % of GDP

82.8%
World median 53.2%

Since 2000

Show the numbers
Government debt in South Africa and the world median, last ten years
YearSouth AfricaWorld median
202482.8%53.2%
202379.4%60.7%
202276.2%55.6%
202174.1%58.8%
202075.7%64.3%
201964.6%49.2%
201859.1%47.3%
201756.3%51.2%
201653.7%50.2%
201552.7%49.4%

Everyone living in the country, mid-year

64.7 million

Since 2000

Show the numbers
Population in South Africa and the world median, last ten years
YearSouth Africa
202564.7 million
202464.0 million
202363.2 million
202262.4 million
202161.5 million
202060.6 million
201959.6 million
201858.6 million
201757.6 million
201657.3 million

Current account balance, % of GDP

−0.4%
World median −0.8%

Since 2000

Show the numbers
Current account balance in South Africa and the world median, last ten years
YearSouth AfricaWorld median
2025−0.4%−0.8%
2024−0.6%−1.3%
2023−1.1%−1.2%
2022−0.3%−3.0%
20213.8%−2.4%
20202.0%−1.7%
2019−2.6%−2.1%
2018−3.0%−2.9%
2017−2.4%−2.1%
2016−2.6%−2.8%

About these figures

All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show South Africa since 2000 or since its first figure.

Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Government debt: International Monetary Fund, Government Finance Statistics; Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.