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South Africa: South Africa's 'Average Salary' Isn't What Most People Actually Earn

Africa 1 source 1 country 🔦 Under-reported 27m ago

Data released by Statistics South Africa indicates that the national average monthly salary is approximately R29,500. However, analysts suggest that this figure does not accurately reflect the typical earnings of the majority of the workforce, as the median salary is closer to R27,200.

The discrepancy between the average and the median is attributed to a small group of high-earning executives and professionals who disproportionately inflate the national average. Consequently, most South African workers earn significantly less than the reported average, with many employees remaining at or near the national minimum wage.

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