South Africa GDP Growth Rate — 2026 Data, Trend & Forecast
South Africa's GDP growth rate was 2.03% in March 2026, up from 1.53% the previous quarter. A year earlier it stood at 0.41%.
South Africa's GDP growth rate stands at 2.03% as of March 2026. The GDP growth rate currently sits at 2.03% (up from 1.53% in the prior quarter). Across the tracked window it has ranged between -16.82% and 19.18%, and is 1.62% higher than a year ago.
The trend
Among the 214 economies tracked on this platform, South Africa ranks #149 on GDP growth rate by latest value. It rose from 1.53% in the previous quarter, and compares with a year-earlier 0.41%.
What's driving it
Growth reflects household spending, investment, government outlays and net exports, and is sensitive to interest rates, global demand and confidence.
Recent readings
| Period | GDP growth rate |
|---|---|
| Mar 2026 | 2.03% |
| Dec 2025 | 1.53% |
| Sep 2025 | 1.56% |
| Jun 2025 | 0.96% |
| Mar 2025 | 0.41% |
| Dec 2024 | 0.45% |
| Sep 2024 | 0.44% |
| Jun 2024 | 0.35% |
Data: Source: OECD (terms permit extract/distribute, incl. commercial, with citation). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
What Is the GDP Growth Rate of South Africa in 2026?
South Africa's GDP growth rate was 2.03% in March 2026, up from 1.53% the previous quarter. A year earlier it stood at 0.41%.
Is the GDP growth rate rising or falling in South Africa?
It rose in the latest reading — 2.03% in March 2026 versus 1.53% a quarter earlier. Year on year it is higher.
What is GDP growth rate?
It measures how fast the economy is expanding, measured as the annual change in gross domestic product.