South Africa - Gross Value Added At Factor Cost (current LCU)

Gross value added at basic prices (GVA) (current LCU) in South Africa was reported at 5952708449411 LCU in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Africa - Gross value added at factor cost (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2024.

South Africa - Gross Value Added At Factor Cost (current LCU)
Gross value added at basic prices (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at basic prices is derived by subtracting net product taxes from GDP. Data are in current local currency.

South Africa | World Bank Development Indicators