Wages and salaries (current LCU) in South Africa
South Africa: Wages and salaries (current LCU) was 330.10 billion current LCU in 2007. ◆ Volatile
Wages and salaries in South Africa, 1968–2007
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.
Wages and salaries (current LCU) in South Africa, year by year
| Year | current LCU | Change |
|---|---|---|
| 1968 | 751.50 million current LCU | — |
| 1969 | 953.75 million current LCU | +26.9% |
| 1970 | 1.15 billion current LCU | +20.8% |
| 1971 | 1.35 billion current LCU | +16.9% |
| 1972 | 1.51 billion current LCU | +12.0% |
| 1973 | 1.74 billion current LCU | +15.2% |
| 1974 | 2.07 billion current LCU | +19.1% |
| 1975 | 2.59 billion current LCU | +25.2% |
| 1976 | 3.25 billion current LCU | +25.5% |
| 1977 | 4.30 billion current LCU | +32.0% |
| 1978 | 5.06 billion current LCU | +17.9% |
| 1979 | 6.43 billion current LCU | +27.1% |
| 1980 | 7.22 billion current LCU | +12.3% |
| 1984 | 16.15 billion current LCU | +123.6% |
| 1985 | 19.39 billion current LCU | +20.1% |
| 1986 | 22.73 billion current LCU | +17.2% |
| 1987 | 42.07 billion current LCU | +85.1% |
| 1988 | 50.41 billion current LCU | +19.8% |
| 1989 | 55.31 billion current LCU | +9.7% |
| 1990 | 61.19 billion current LCU | +10.6% |
| 1991 | 68.01 billion current LCU | +11.2% |
| 1992 | 74.63 billion current LCU | +9.7% |
| 1993 | 81.33 billion current LCU | +9.0% |
| 1994 | 85.42 billion current LCU | +5.0% |
| 1995 | 90.45 billion current LCU | +5.9% |
| 1996 | 98.60 billion current LCU | +9.0% |
| 1997 | 107.55 billion current LCU | +9.1% |
| 1998 | 117.36 billion current LCU | +9.1% |
| 1999 | 127.13 billion current LCU | +8.3% |
| 2000 | 155.22 billion current LCU | +22.1% |
| 2001 | 172.23 billion current LCU | +11.0% |
| 2002 | 197.13 billion current LCU | +14.5% |
| 2003 | 235.00 billion current LCU | +19.2% |
| 2004 | 272.10 billion current LCU | +15.8% |
| 2005 | 294.70 billion current LCU | +8.3% |
| 2006 | 315.20 billion current LCU | +7.0% |
| 2007 | 330.10 billion current LCU | +4.7% |
South Africa compared with similar countries
- South Africa's 330.10 billion current LCU is above the median for upper middle income countries, which is 36.63 billion current LCU, 9.0× the median. (7 countries reporting)
- South Africa's 330.10 billion current LCU is above the median for Sub-Saharan Africa, which is 82.80 billion current LCU, 4.0× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Wages and salaries (current LCU) in South Africa changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1984 | +123.6% | 7.22 billion current LCU | 16.15 billion current LCU |
| 1987 | +85.1% | 22.73 billion current LCU | 42.07 billion current LCU |
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
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 179.34 (2024)
- Mobile cellular subscriptions by country, per capita 1.79 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0003 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 114.79 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 89.37 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 4.56 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 5.88 % change on previous year (2024)
- Patent applications, nonresidents, gaps filled 8,549 (2024)
- Patent applications, nonresidents 8,549 (2024)
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 · JSON — 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.