Wages and salaries in South Africa
South Africa: Wages and salaries was 330.10 billion current LCU in 2007. β Volatile
Wages and salaries in South Africa, 1968β2007
Source: World Bank country economists. Measured in current LCU.
Analysis
South Africa recorded 330.10 billion current LCU for wages and salaries in 2007. That is the highest value across all 37 years on record.
Compared with earlier readings it is up 4.7% on the previous year and up 206.9% over ten years.
Over the whole period, wages and salaries in South Africa peaked at 330.10 billion current LCU in 2007 and was at its lowest, 751.50 million current LCU, in 1968.
That places South Africa 15th out of 51 countries with data for 2007, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 852.62 million current LCU | 751.50 million current LCU | 953.75 million current LCU | 2 |
| 1970s | 2.95 billion current LCU | 1.15 billion current LCU | 6.43 billion current LCU | 10 |
| 1980s | 30.47 billion current LCU | 7.22 billion current LCU | 55.31 billion current LCU | 7 |
| 1990s | 91.17 billion current LCU | 61.19 billion current LCU | 127.13 billion current LCU | 10 |
| 2000s | 246.46 billion current LCU | 155.22 billion current LCU | 330.10 billion current LCU | 8 |
Countries ranked near South Africa
- 12 Sao Tome and Principe 369.19 billion current LCU compare
- 13 Nigeria 368.00 billion current LCU compare
- 14 Sierra Leone 349.45 billion current LCU compare
- 16 Gabon 324.13 billion current LCU compare
- 17 Burkina Faso 281.44 billion current LCU compare
- 18 Kenya 258.27 billion current LCU compare
More science & technology data for South Africa
- Scientific and technical journal articles 14,949 (2023)
- Mobile cellular subscriptions by country 114.79 million (2024)
- Mobile cellular subscriptions per 100 people 179.34 (2024)
- Mobile landline subscriptions 179.34 (2024)
- Patent applications, nonresidents 9,156 (2021)
- Share of individuals using the internet 78.36 (2024)
- Patent applications, residents 1,804 (2021)
- Research and development expenditure 0.6% (2022)
- Proportion of individuals using the Internet 78.4% (2024)
- Number of internet users 46.11 million (2021)
Frequently asked questions
- What is wages and salaries in South Africa?
- Wages and salaries in South Africa was 330.10 billion current LCU in 2007, according to World Bank country economists.
- What is the highest wages and salaries recorded in South Africa?
- The highest recorded value was 330.10 billion current LCU in 2007.
- What is the lowest wages and salaries recorded in South Africa?
- The lowest recorded value was 751.50 million current LCU in 1968.
- How does South Africa rank for wages and salaries?
- South Africa ranks 15th out of 51 countries with data for 2007.
- Is wages and salaries rising or falling in South Africa?
- Over the last ten years it is up 206.9%. The long-run trend across the full record is volatile.
- Where does this South Africa data come from?
- The figures come from World Bank country economists, published as part of Wages and salaries (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 37 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Wages and salaries consist of all payments in cash, but not in kind, to employees in return for services rendered, before deduction of withholding taxes and employees contributions to social security and pension funds. Data are shown for central government only. Data are in current local currency.