South Africa GDP
South Africa · Annual series · EC-ZA-GDP
Latest, 2025
427.18B USD
+6.5% from 2024
Forecast
Forecast for 2028: 429.71B USD, with an 80% interval of 302.72B USD to 565.61B USD.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| 2026 | 427.20B USD | 374.61B USD | 482.47B USD |
| 2027 | 421.95B USD | 358.86B USD | 491.61B USD |
| 2028 | 429.71B USD | 302.72B USD | 565.61B USD |
AI confidence
Mixed evidenceThe tests show no consistent, material advantage over the no-change baseline.
Model: Agentic Investor TSFM (foundation model)
- Accuracy vs naive
- -1%Matches the no-change baseline over 12 tests (12 tests, 8 won)
- Direction
- 61%No clear edge over a coin flip (22 of 36 calls right in 12 tests)
- Turning points
- 4 of 11Anticipated some turns (11 turns in 12 tests, 3 without a turn)
- Error vs baseline
- 1% higherError ratio 1.01; 1.00 is a tie.
- Tests won
- 8 / 12Complete rolling backtests; ties count as no win.
- Test period
- 1990-12-01 to 2025-12-013 observations ahead per test.
- 80% band coverage
- 83%Observed outcomes inside the band across all stored test windows.
- Band coverage uses all stored test windows, including model-selection windows when present; it does not determine the confidence label.
- Evaluated 2026-11-15 against the cached history through 2025-12-01.
- This is an evaluation of the serving model; it does not establish a winner across four model classes.
How this assessment is made
AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.
Model comparison
Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.
Reading
That is the highest of the 10 readings since 2016.
Recent history (24 observations)
| Period | Value |
|---|---|
| 2025 | 427.18B USD |
| 2024 | 401.14B USD |
| 2023 | 381.44B USD |
| 2022 | 407.60B USD |
| 2021 | 419.99B USD |
| 2020 | 337.97B USD |
| 2019 | 389.33B USD |
| 2018 | 405.26B USD |
| 2017 | 381.45B USD |
| 2016 | 323.59B USD |
| 2015 | 346.71B USD |
| 2014 | 381.20B USD |
| 2013 | 400.89B USD |
| 2012 | 434.40B USD |
| 2011 | 458.20B USD |
| 2010 | 417.36B USD |
| 2009 | 329.75B USD |
| 2008 | 316.13B USD |
| 2007 | 333.08B USD |
| 2006 | 303.86B USD |
| 2005 | 288.87B USD |
| 2004 | 255.81B USD |
| 2003 | 197.02B USD |
| 2002 | 129.09B USD |
Source
Data: public market data feeds.
More from Agentic Investor
- Open South Africa GDP in the app: the interactive chart and a fresh forecast
- World and commodity series: every stored series
- Vietnam indicators
Also stored for South Africa
- South Africa Balance Of Trade
- South Africa Bank Lending Rate
- South Africa Bankruptcies
- South Africa Banks Balance Sheet
- South Africa Building Permits
- South Africa Business Confidence Index
- South Africa CO2 Emissions
- South Africa CPI Housing Utilities
- South Africa CPI Transportation
- South Africa Capacity Utilization
- South Africa Car Registrations
- South Africa Central Bank Balance Sheet