Gdp Growth 2024 South Africa 2024. Growth will rise from 3.4 percent in 2023 to 3.8 percent in 2024, with nearly two thirds of countries anticipating higher growth. In february 2024, south africa’s national treasury forecast in its budget review of 2024 that gdp growth will reach only 1.3% in 2024 and 1.6% in 2025, 6 a more optimistic projection than the.

South africa gdp for 2023 was $377.78b, a 6.78% decline from 2022. Gdp growth rate in south africa averaged 0.59 percent from 1993 until 2024, reaching an all time high of 13.70 percent in the third quarter of 2020 and a.