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Manufacturing Sector Contribution to GDP in South Africa (1990-2022)

Manufacturing Sector Contribution to GDP in South Africa (1990-2022)

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TGM StatBox. (2024). Manufacturing Sector Contribution to GDP in South Africa (1990-2022). TGM StatBox.
Chart Details
Data Source: World Development Indicators.
Timeframe: 1990-2022
Country: South Africa
Published date: 2024
Note: Manufacturing (% of GDP), according to World Development Indicators, measures the contribution of the manufacturing sector to a country's Gross Domestic Product (GDP).
Key Takeaways
South Africa’s manufacturing sector saw a steady decline from 23.7% in 1990 to 12.3% in 2022, reflecting structural shifts and economic challenges. High labor costs, energy issues, and global competition have constrained growth. Despite efforts to boost industrialization, the sector’s reduced role signals South Africa’s increasing reliance on services and commodities over traditional manufacturing.

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