Loading page content
Data from World Bank. Forecasts by Sigmanomics Forecast Engine.
South AfricaSouth Africa GDP (current US$) fell to 377,781,600,985.87 USD Billions in January 2023
World BankYearlyReleased January 2023
South Africa GDP (current US$) fell to 377,781,600,985.87 USD Billions in January 2023, down 27,489,249,112.87 USD Billions from December's 405,270,850,098.74 USD Billions reading.
Latest Release
377781600985.87
Latest (2023)
405270850098.74
Previous
World Bank
Source
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| USD/ZAR | ▼ Inverse | −0.50 | FOREX | Moves against | → View |
| EUR/ZAR | ▼ Inverse | −0.40 | FOREX | Moves against | → View |
| XAU/USD | ▲ Direct | +0.40 | COMMODITIES | Moves with | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Moves with | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
GDP (Current US$) (South Africa) was reported at 427,184,325,997.31 USD in December 2025. The reading rose from the previous value of 401,144,998,373.59 USD. This is classified as a high-impact indicator released on a yearly basis.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 403,256,682,954.04 USD, up from the prior three at 388,518,994,283.77 USD. In December readings over the past 3 years, GDP (Current US$) has averaged 403,256,682,954.04 USD.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/ZAR (Bullish ZAR). A secondary relationship exists with XAU/USD, positively correlated (Watch).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Balance of Trade (Aug 28).
Auto-generated from current model state · Refreshes on each release · Last update December 2025.
SHARE
GDP (current US$) - ZA
Loading chart data...
About GDP (current US$) — South Africa
DEFINITION
South Africa's GDP (Current US$) reached 427184325997.307 in December 2025, up from 401144998373.585 in December 2024, marking a clear expansion in economic output. This increase of approximately $26 billion reflects a rebound after the previous year's contraction. Market focus now shifts to upcoming quarterly data and central bank policy adjustments amid this growth. Updated 7/1/26
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. Surprises against consensus typically move rates and currencies on release. Released annually.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with USD/ZAR (Bullish ZAR, r=-0.50) — a useful reference for forex-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - ZA Events
| Tuesday, August 25, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 07:00 | ZA | Leading Business Cycle Indicator MoM | -0.3 | -0.5 | 0.80 | Low | |
| Thursday, August 27, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 09:30 | ZA | Producer Price Index YoY | 7.5 | 7.2 | 8.15 | Low | |
| 09:30 | ZA | Producer Price Index MoM | -0.1 | -0.4 | 0.30 | Low | |