The average monthly salary for South Africans who were employed in the formal non-agricultural sector was just over 26,800 South African rands (comparable to roughly 1,500 U.S. dollars) in November 2023, which represented a yearly increase of tw0 percent. During the period under review, the overall growth trend was positive, with the earnings increasing by 24.4 percent from 21,500 South African rands (approximately 1,180 U.S. dollars) in November 2018.    Minimum wage and highest-paid professions    Starting in March 2023, the minimum hourly wage in the country increased to 25.42 South African rands (comparable to 1.40 U.S. dollars), which represented an increase of 9.6 percent from 23.19 South African rands (1.27 U.S. dollars) per hour in the preceding year. On the other hand, professionals in executive and change management positions were paid the highest salaries in South Africa, with an average of 74,000 U.S. dollars yearly. Individuals with jobs in retail, trade, and craft followed, receiving an average of 66,000 U.S. dollars per annum.       Highest unemployment among Black South Africans In 2022, the unemployment rate in South Africa was nearly 30 percent following an increasing trend since 2008. The rate was highest among Black South Africans reaching as high as 36.8 percent in the second quarter of 2023. Moreover, Colored South Africans followed with around 22 percent, while white South Africans had a much lower unemployment rate of over 7 percent.

Wages in South Africa decreased to 28289 ZAR/Month in the first quarter of 2025 from 28316 ZAR/Month in the fourth quarter of 2024. This dataset provides - South Africa Total Quarterly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

As of 2024, Morocco had the highest average monthly salaries in Africa. Employees in the country earned around ***** U.S. dollars per month. South Africa and Tunisia followed, with average monthly salaries amounting to ***** U.S. dollars and ***** U.S. dollars, respectively.

Key information about South Africa Monthly Earnings

• South Africa Monthly Earnings stood at 1,547 USD in Aug 2024, compared with the previous figure of 1,470 USD in May 2024
• South Africa Monthly Earnings data is updated quarterly, available from Nov 2004 to Aug 2024, with an average number of 1,473 USD
• The data reached the an all-time high of 1,877 USD in Aug 2011 and a record low of 968 USD in Feb 2009

CEIC converts Monthly Earnings into USD. Statistics South Africa provides Nominal Average Monthly Earnings in local currency based on 2016 Business Sampling Frame. Federal Reserve Board average market exchange rate is used for currency conversions. Monthly Earnings exclude Agriculture sector. Monthly Earnings prior to Q2 2015 are based on 2013 Business Sampling Frame and prior to Q2 2013 are based on 2009 Business Sampling Frame. Monthly Earnings are in quarterly frequency, ending in February, May, August, November of each year.


Further information about South Africa Monthly Earnings

• In the latest reports, South Africa Population reached 61 million people in Jun 2022
• Unemployment Rate of South Africa dropped to 32 % in Sep 2024
• The country's Labour Force Participation Rate dropped to 60 % in Sep 2024

As of 2022, Seychelles was the African country with the highest estimated minimum gross monthly wage, standing at ****** U.S. dollars. It was followed by Morocco at ****** U.S. dollars and South Africa ****** U.S. dollars. Among the selected nations, only **** countries had a minimum wage above *** U.S. dollars on the continent. Minimum wage adjustments Legislations regarding minimum wages vary significantly across countries. The minimum remuneration of employees is usually proportionate to a specific area's cost of living. Determining a minimum wage aims to increase employees' living conditions while reducing poverty and inequality. Due to rising prices and inflation, governments occasionally adjust the minimum salary. In Africa, Sierra Leone experienced the highest increase in the minimum wage in recent years, with a growth of almost ** percent between 2010 and 2019. However, governments can also lower minimum wages. Liberia and Burundi reduced the lowest possible remuneration by around ** percent and ***** percent, respectively, between 2010 and 2019. Widespread informal employment Despite legislation in force, minimum wages are not always guaranteed. In fact, several forms of employment allow employers to avoid paying minimum wages. In addition, undeclared work remains a common practice in many countries worldwide. The situation is particularly critical in some African countries. According to estimates, over ** percent of the working population in Niger, The Democratic Republic of Congo, Benin, and Madagascar engaged in informal employment between 2019 and 2023. In Egypt and South Africa, the share stood at ** percent and ** percent, respectively. Seychelles had the lowest rate on the continent at around ** percent.

Wages in Manufacturing in South Africa decreased to 24071 ZAR/Month in the first quarter of 2025 from 24290 ZAR/Month in the fourth quarter of 2024. This dataset provides - South Africa Total Quarterly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The latest data indicates that the average yearly salary in South Africa is approximately R 330,000. This figure varies significantly based on location and industry, with major cities like Johannesburg and Cape Town typically offering higher salaries. The median monthly gross salary is estimated at R 27,500, with considerable variations between regions.

As of 2024, the average annual salary of selected high-paid professions in South Africa was highest among radiation oncologists, with 2.26 million South African rand (around 125,516 U.S. dollars) per annum. Neurosurgeons followed, with 1.85 million South African rand (approximately 102,720) per year.

South Africa Annual Salary: Mining: Male data was reported at 101,162,448.773 ZAR th in 2015. This records an increase from the previous number of 90,896,537.984 ZAR th for 2014. South Africa Annual Salary: Mining: Male data is updated yearly, averaging 20,434,325.411 ZAR th from Dec 1984 (Median) to 2015, with 32 observations. The data reached an all-time high of 101,162,448.773 ZAR th in 2015 and a record low of 4,515,132.502 ZAR th in 1984. South Africa Annual Salary: Mining: Male data remains active status in CEIC and is reported by Department of Mineral Resources. The data is categorized under Global Database’s South Africa – Table ZA.G031: Gross Employee Earnings: Mining Sector.

As of January 2025, the average income per unit sold of hotel accommodations in South Africa reached roughly ***** South African rand (around ** U.S. dollars). As of January 2023, the income per sold unit night has been steady and above 1,000 South African rand.

The minimum hourly wage in South Africa reached ***** South African rand (**** U.S. dollars) in 2024. Compared to the previous year, this was an increase from ***** South African rand (**** U.S. dollars) per hour. This represented an increment of *** percent, which was the highest in the period reviewed. South Africa's Minister of Employment and Labor, Thusla Nxesi, announced the increase in February with effect from March 1, 2024.

This dataset provides values for MINIMUM WAGES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

South Africa Tourism Income: Total: Guest Houses and Farms data was reported at 124.200 ZAR mn in Aug 2018. This records an increase from the previous number of 112.000 ZAR mn for Jul 2018. South Africa Tourism Income: Total: Guest Houses and Farms data is updated monthly, averaging 101.100 ZAR mn from Sep 2004 (Median) to Aug 2018, with 168 observations. The data reached an all-time high of 238.800 ZAR mn in Dec 2017 and a record low of 16.300 ZAR mn in Jun 2005. South Africa Tourism Income: Total: Guest Houses and Farms data remains active status in CEIC and is reported by Statistics South Africa. The data is categorized under Global Database’s South Africa – Table ZA.Q009: Tourism Income.

In 2022, South African households had an average disposable income of over ****** South African rand (approximately ***** U.S. dollars). This was slightly higher than the previous year where the average disposable income was ****** South African rand (around ***** U.S. dollars). Within the observed period, the disposable income of households in the country was highest in 2018 at ****** South African rand (about ***** U.S. dollars), while it was lowest in 2004.

Graph and download economic data for Real Disposable Personal Income (DSPIC96) from Jan 1959 to May 2025 about disposable, personal income, personal, income, real, and USA.

Seychelles recorded the highest Gross National Income (GNI) per capita in Africa as of 2023, at 16,940 U.S. dollars. The African island was, therefore, the only high-income country on the continent, according to the source's classification. Mauritius, Gabon, Botswana, Libya, South Africa, Equatorial Guinea, Algeria, and Namibia were defined as upper-middle-income economies, those with a GNI per capita between 4,516 U.S. dollars and 14,005 U.S. dollars. On the opposite, 20 African countries recorded a GNI per capita below 1,145 U.S. dollars, being thus classified as low-income economies. Among them, Burundi presented the lowest income per capita, some 230 U.S. dollars. Poverty and population growth in Africa Despite a few countries being in the high income and upper-middle countries classification, Africa had a significant number of people living under extreme poverty. However, this number is expected to decline gradually in the upcoming years, with experts forecasting that this number will decrease to almost 400 million individuals by 2030 from nearly 430 million in 2023, despite the continent currently having the highest population growth rate globally. African economic growth and prosperity In recent years, Africa showed significant growth in various industries, such as natural gas production, clean energy generation, and services exports. Furthermore, it is forecast that the GDP growth rate would reach 4.5 percent by 2027, keeping the overall positive trend of economic growth in the continent.

In the 3 years to March 2021, black households were most likely out of all ethnic groups to have a weekly income of under £600.

In 2023, the gross median household income for Asian households in the United States stood at 112,800 U.S. dollars. Median household income in the United States, of all racial and ethnic groups, came out to 80,610 U.S. dollars in 2023. Asian and Caucasian (white not Hispanic) households had relatively high median incomes, while the median income of Hispanic, Black, American Indian, and Alaskan Native households all came in lower than the national median. A number of related statistics illustrate further the current state of racial inequality in the United States. Unemployment is highest among Black or African American individuals in the U.S. with 8.6 percent unemployed, according to the Bureau of Labor Statistics in 2021. Hispanic individuals (of any race) were most likely to go without health insurance as of 2021, with 22.8 percent uninsured.

Goal 10Reduce inequality within and among countriesTarget 10.1: By 2030, progressively achieve and sustain income growth of the bottom 40 per cent of the population at a rate higher than the national averageIndicator 10.1.1: Growth rates of household expenditure or income per capita among the bottom 40 per cent of the population and the total populationSI_HEI_TOTL: Growth rates of household expenditure or income per capita (%)Target 10.2: By 2030, empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other statusIndicator 10.2.1: Proportion of people living below 50 per cent of median income, by sex, age and persons with disabilitiesSI_POV_50MI: Proportion of people living below 50 percent of median income (%)Target 10.3: Ensure equal opportunity and reduce inequalities of outcome, including by eliminating discriminatory laws, policies and practices and promoting appropriate legislation, policies and action in this regardIndicator 10.3.1: Proportion of population reporting having personally felt discriminated against or harassed in the previous 12 months on the basis of a ground of discrimination prohibited under international human rights lawVC_VOV_GDSD: Proportion of population reporting having felt discriminated against, by grounds of discrimination, sex and disability (%)Target 10.4: Adopt policies, especially fiscal, wage and social protection policies, and progressively achieve greater equalityIndicator 10.4.1: Labour share of GDPSL_EMP_GTOTL: Labour share of GDP (%)Indicator 10.4.2: Redistributive impact of fiscal policySI_DST_FISP: Redistributive impact of fiscal policy, Gini index (%)Target 10.5: Improve the regulation and monitoring of global financial markets and institutions and strengthen the implementation of such regulationsIndicator 10.5.1: Financial Soundness IndicatorsFI_FSI_FSANL: Non-performing loans to total gross loans (%)FI_FSI_FSERA: Return on assets (%)FI_FSI_FSKA: Regulatory capital to assets (%)FI_FSI_FSKNL: Non-performing loans net of provisions to capital (%)FI_FSI_FSKRTC: Regulatory Tier 1 capital to risk-weighted assets (%)FI_FSI_FSLS: Liquid assets to short term liabilities (%)FI_FSI_FSSNO: Net open position in foreign exchange to capital (%)Target 10.6: Ensure enhanced representation and voice for developing countries in decision-making in global international economic and financial institutions in order to deliver more effective, credible, accountable and legitimate institutionsIndicator 10.6.1: Proportion of members and voting rights of developing countries in international organizationsSG_INT_MBRDEV: Proportion of members of developing countries in international organizations, by organization (%)SG_INT_VRTDEV: Proportion of voting rights of developing countries in international organizations, by organization (%)Target 10.7: Facilitate orderly, safe, regular and responsible migration and mobility of people, including through the implementation of planned and well-managed migration policiesIndicator 10.7.1: Recruitment cost borne by employee as a proportion of monthly income earned in country of destinationIndicator 10.7.2: Number of countries with migration policies that facilitate orderly, safe, regular and responsible migration and mobility of peopleSG_CPA_MIGRP: Proportion of countries with migration policies to facilitate orderly, safe, regular and responsible migration and mobility of people, by policy domain (%)SG_CPA_MIGRS: Countries with migration policies to facilitate orderly, safe, regular and responsible migration and mobility of people, by policy domain (1 = Requires further progress; 2 = Partially meets; 3 = Meets; 4 = Fully meets)Indicator 10.7.3: Number of people who died or disappeared in the process of migration towards an international destinationiSM_DTH_MIGR: Total deaths and disappearances recorded during migration (number)Indicator 10.7.4: Proportion of the population who are refugees, by country of originSM_POP_REFG_OR: Number of refugees per 100,000 population, by country of origin (per 100,000 population)Target 10.a: Implement the principle of special and differential treatment for developing countries, in particular least developed countries, in accordance with World Trade Organization agreementsIndicator 10.a.1: Proportion of tariff lines applied to imports from least developed countries and developing countries with zero-tariffTM_TRF_ZERO: Proportion of tariff lines applied to imports with zero-tariff (%)Target 10.b: Encourage official development assistance and financial flows, including foreign direct investment, to States where the need is greatest, in particular least developed countries, African countries, small island developing States and landlocked developing countries, in accordance with their national plans and programmesIndicator 10.b.1: Total resource flows for development, by recipient and donor countries and type of flow (e.g. official development assistance, foreign direct investment and other flows)DC_TRF_TOTDL: Total assistance for development, by donor countries (millions of current United States dollars)DC_TRF_TOTL: Total assistance for development, by recipient countries (millions of current United States dollars)DC_TRF_TFDV: Total resource flows for development, by recipient and donor countries (millions of current United States dollars)Target 10.c: By 2030, reduce to less than 3 per cent the transaction costs of migrant remittances and eliminate remittance corridors with costs higher than 5 per centIndicator 10.c.1: Remittance costs as a proportion of the amount remittedSI_RMT_COST: Remittance costs as a proportion of the amount remitted (%)SI_RMT_COST_BC: Corridor remittance costs as a proportion of the amount remitted (%)SI_RMT_COST_SC: SmaRT corridor remittance costs as a proportion of the amount remitted (%)

In 2023, the petrol price index in South Africa in relation to salaries reached *** liters per month, an increase from *** liters per month from the previous year. In the period under review, the petrol price index was highest in 2020, at ***** liters per month, while it was lowest in 2022. The petrol price index measures how much petrol can be bought in comparison to the average salary in a country in a certain year.