Wages in South Africa decreased to 28231 ZAR/Month in the fourth quarter of 2024 from 28274 ZAR/Month in the third quarter of 2024. This dataset provides - South Africa Total Quarterly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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 Manufacturing in South Africa increased to 24088 ZAR/Month in the fourth quarter of 2024 from 23735 ZAR/Month in the third quarter of 2024. This dataset provides - South Africa Total Quarterly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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.

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.

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.

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.

In 2016, average salaries and wages in the South African post industry amounted to 168,274 South African Rand. In that same year, post and associated courier activities in South Africa employed 36,337 people.

Explore the progression of average salaries for graduates in Middle Eastern, South Asian And African Studies Middle Eastern Studies 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 Middle Eastern, South Asian And African Studies Middle Eastern Studies relative to other fields. This data is essential for students assessing the return on investment of their education in Middle Eastern, South Asian And African Studies Middle Eastern Studies, providing a clear picture of financial prospects post-graduation.

Explore the progression of average salaries for graduates in Archaeology (With Specialization In Political Studies Of S. African Society) 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 Archaeology (With Specialization In Political Studies Of S. African Society) relative to other fields. This data is essential for students assessing the return on investment of their education in Archaeology (With Specialization In Political Studies Of S. African Society), providing a clear picture of financial prospects post-graduation.

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 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.

Adjusted net national income (annual % growth) in South Africa was reported at 6.8356 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Africa - Adjusted net national income (annual % growth) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

In 2016, average salaries and wages in the air transport segment of transport and storage industry in South Africa corresponded to 525,141 South African Rand. That same year, the transport and storage industry in South Africa employed 332,000 people.

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 ZA: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data was reported at 82.704 % in 2017. This records a decrease from the previous number of 82.712 % for 2016. South Africa ZA: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data is updated yearly, averaging 82.653 % from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 84.146 % in 2008 and a record low of 79.848 % in 1991. South Africa ZA: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Africa – Table ZA.World Bank: Employment and Unemployment. Wage and salaried workers (employees) are those workers who hold the type of jobs defined as 'paid employment jobs,' where the incumbents hold explicit (written or oral) or implicit employment contracts that give them a basic remuneration that is not directly dependent upon the revenue of the unit for which they work.; ; International Labour Organization, ILOSTAT database. Data retrieved in November 2017.; Weighted average; Data up to 2016 are estimates while data from 2017 are projections.

South Africa Number of Households: Black African: by Income: Salaries, Wages or Commission data was reported at 8,288.000 Unit th in 2017. This records a decrease from the previous number of 8,595.000 Unit th for 2016. South Africa Number of Households: Black African: by Income: Salaries, Wages or Commission data is updated yearly, averaging 7,519.000 Unit th from Jul 2009 (Median) to 2017, with 9 observations. The data reached an all-time high of 8,595.000 Unit th in 2016 and a record low of 6,436.000 Unit th in 2009. South Africa Number of Households: Black African: by Income: Salaries, Wages or Commission 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.H007: Number of Households: by Income.

South Africa Number of Households: by Income: Salaries, Wages or Commission data was reported at 10,590.000 Unit th in 2017. This records a decrease from the previous number of 10,896.000 Unit th for 2016. South Africa Number of Households: by Income: Salaries, Wages or Commission data is updated yearly, averaging 9,778.000 Unit th from Jul 2009 (Median) to 2017, with 9 observations. The data reached an all-time high of 10,896.000 Unit th in 2016 and a record low of 8,770.000 Unit th in 2009. South Africa Number of Households: by Income: Salaries, Wages or Commission 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.H007: Number of Households: by Income.

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.