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.
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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 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.
In 2019, the average real wage in the African continent increased by a slight 0.3 percent compared to the previous year, after it significantly dropped in 2017 and 2018 by 3.5 percent and 3.6 percent respectively. There have been several fluctuations in the real wages between 2010 and 2019, with the highest increase registered in 2010 at five percent.
As of 2023, Rwanda had the lowest average monthly salary of employees in the world in terms of purchasing power parities (PPP), which takes the average cost of living in a country into account. Gambia had the second lowest average wages, with Ethiopia in third. Of the 20 countries with the lowest average salaries in the world, 17 were located in Africa. On the other hand, Luxembourg had the highest average monthly salaries of employees.
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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.
Explore the progression of average salaries for graduates in History Africa Track from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of History Africa Track relative to other fields. This data is essential for students assessing the return on investment of their education in History Africa Track, providing a clear picture of financial prospects post-graduation.
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This dataset provides values for WAGES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
As of 2019, Sierra Leone witnessed the highest average annual increase of real minimum wages among the African countries between 2010 and 2019, with a significant 28.7 percent. Nigeria and the Democratic Republic of Congo followed with 8.2 percent and 7.3 percent, respectively. In countries such as Kenya, Burkina Faso, Niger, and Equatorial Guinea, the growth of minimum wages was almost negligible with less than one percent each. On the other hand, Liberia reflected the highest average annual decrease of minimum wages in the continent, at minus 14.2 percent.
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Key information about South Africa Monthly Earnings
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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.
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.
Explore the progression of average salaries for graduates in 3 Year Bachelor Of Science In Computer Science-Univ. Of South Africa from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of 3 Year Bachelor Of Science In Computer Science-Univ. Of South Africa relative to other fields. This data is essential for students assessing the return on investment of their education in 3 Year Bachelor Of Science In Computer Science-Univ. Of South Africa, providing a clear picture of financial prospects post-graduation.
license: apache-2.0 tags: - africa - sustainable-development-goals - world-health-organization - development
Average income of small-scale food producers, PPP (constant 2011 international $)
Dataset Description
This dataset provides country-level data for the indicator "2.3.2 Average income of small-scale food producers, PPP (constant 2011 international $)" across African nations, sourced from the World Health Organization's (WHO) data portal on Sustainable… See the full description on the dataset page: https://huggingface.co/datasets/electricsheepafrica/average-income-of-small-scale-food-producers-ppp-for-african-countries.
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.
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South Africa ZA: Wages Index data was reported at 275.340 2010=100 in 2018. This records an increase from the previous number of 261.578 2010=100 for 2017. South Africa ZA: Wages Index data is updated yearly, averaging 127.770 2010=100 from Dec 2009 (Median) to 2018, with 10 observations. The data reached an all-time high of 275.340 2010=100 in 2018 and a record low of 87.920 2010=100 in 2009. South Africa ZA: Wages Index data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s South Africa – Table ZA.IMF.IFS: Wages, Labour Cost and Employment Index: Annual.
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Graph and download economic data for Population, Total: All Income Levels for Sub-Saharan Africa (SPPOPTOTLSSF) from 1960 to 2023 about Sub-Saharan Africa, income, and population.
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Average annual salaries for males and females in Africa.
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.
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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 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.