South Africa: Exports of goods and services (% of GDP)
In , South Africa's Exports of goods and services (% of GDP) was 31.79.
That's down 4.4% from 2023, the highest value since .
The global average for this indicator in 2024 was 44.26 . South Africa ranks #94 globally out of 160 reporting countries. Within Sub-Saharan Africa, it ranks #15 of 39.
Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 33.54
- Trough
- 23.60
- 1-year change
- -4.4%
- 5-year change
- +16.9%
- +3.2% / yr
- 10-year change
- +9.6%
- +0.9% / yr
Historical Data — Last 10 Years
| Year | Exports of goods and services (% of GDP) |
|---|---|
| 31.7919 | |
| 33.2538 | |
| 33.5394 | |
| 31.1916 | |
| 27.5759 | |
| 27.2021 | |
| 27.4970 | |
| 27.3401 | |
| 28.1561 | |
| 27.7136 |
About Exports of goods and services (% of GDP)
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.EXP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was South Africa's Exports of goods and services (% of GDP) in 2024?
- In 2024, South Africa's Exports of goods and services (% of GDP) was 31.79, according to World Bank Open Data.
- Is South Africa's Exports of goods and services (% of GDP) rising or falling?
- South Africa's Exports of goods and services (% of GDP) fell 4.4% from 2023 to 2024.
- How does South Africa rank globally on Exports of goods and services (% of GDP)?
- In 2024, South Africa ranked #94 out of 160 countries reporting Exports of goods and services (% of GDP).
- How does South Africa's Exports of goods and services (% of GDP) compare to the world average?
- The global average for Exports of goods and services (% of GDP) in 2024 was 44.26, so South Africa is below the world average. Within Sub-Saharan Africa, it ranks #15 of 39.
- What is Exports of goods and services (% of GDP) and how is it measured?
- Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.