Please do not hesitate to contact me. On each graph, users can click on the “?” icon and will find the definition of the concepts at stake. Its inward FDI amounted to US$5.3 billion in 2018. A key economic player by regional standards, South Africa had a real GDP per capita of US$6,023.5 in 2019, putting it in 76th place globally. oe.cd/revenue-statistics-in-latin-america-and-the-caribbean The tax-to-GDP ratio in South Africa increased by 0.7 percentage points from 28.4% in 2017 to 29.1% in 2018. This is a list of countries or dependencies by income inequality metrics, including Gini coefficients.The Gini coefficient is a number between 0 and 1, where 0 corresponds with perfect equality (where everyone has the same income) and 1 corresponds with perfect inequality (where one person has all the income—and everyone else has no income). Headline GDP growth rate will no longer be annualised, GDP: Quantifying SA’s economic performance in 2020, The National Household Travel Survey in South Africa (NHTS): South Africans take 45 million trips, mostly by foot. South Africa Area and Population Density. The World Bank projects 2019 growth at 1.3%, accelerating further to 1.7% in 2020. 2 Gross National Income per capita, Atlas method (current USD). In 2011, Statistics South Africa counted 2.1 million foreigners in total. Stats SA is in the process of updating its database of all users. Find Out I encounter technical problems on WID.world, what should I do? The September 2019 Quarterly Employment Statistics (QES) survey showed that an estimated 10 142 000 people were employed in the formal non-agricultural sector of the South African economy, which is down by 28 000 from 10 170 000 in the read more », Annual inflation eased further in November, falling to 3,6% from October’s 3,7%. GDP minus consumption of fixed capital, plus net foreign income – which do not exist elsewhere. If you have a salary of R7313 or more, then you are in the top 10 percent of South Africa. South Africa is known for its extreme income inequality, which is one of the highest in the world. Despite 25 years of democracy, South Africa remains the most economically unequal country in the world, according to the World Bank. Statistics South Africa. You can't select more than 5 indicators simultaneously. In such cases we review all existing series and attempt to combine them in the most sensible manner. The rise was largely driven by general public services, education and health. The statistics are finding wide use within government, business, academia and non-governmental organisations. South Africa spent R164.9 billion on social protection – mainly in providing social grants – in the 2016/17 financial year, with an increase to R209.1 billion planned for 2019/20. Income Distribution Database. In 2018, non-resident visitors1 (which includes both tourists and same-day visitors) spent a read more », MEDIA ADVISORY 27 November 2019 Statistics South Africa read more », Stats SA provides a snapshot of working capital across the formal business sector in the latest release of the Annual Financial Statistics (AFS) report. Kindly participate in this short survey and provide your details. Euro They provide useful information and cover a lot of countries but do not inform adequately on income and wealth levels of the richest individuals. MACROeCONOMIC PeRFORMANCe AND PROSPeCTS 8 10. If anything, the "Rainbow Nation" is … However, reports [specify] suggest that is an underestimation. The Western Cape has the second highest GDP per capita, with R72,031 per person. Statistics South Africa; Government of South Africa Sampling Procedure: From 2015 the General Household Survey (GHS) uses a Master Sample (MS) frame developed in 2013 as a general-purpose sampling frame to be used for all Stats SA household-based surveys. Image: Alon Skuy . The lower bound range shows that the bare minimum required to survive in South Africa (with food and basic goods) is R810 as at April 2019. The 2019 real median incomes of White, Black, Asian, and Hispanic households all increased from their 2018 medians (Figure 1 and Table A-1). Click here for help on how to navigate through WID.world menus and graphs. Unpacking the potential impact of the COVID-19 pandemic on the South African economy and the housing sector. South Africa (red), OECD - Total (black) Net national income Indicator. Published by Statista Research Department, Jan 20, 2021 This statistic shows the household disposable income in South Africa from 1990 to 2019. New: WID.world now displays inequality estimates for all countries. Second, you should delete the cache memory of your browser (generally under “settings/history/clear cache”), then close it, and try again. What this means is that non-resident visitors spend more money in our country than South African travellers spend abroad. In addition, it should be noted that there are specific countries such as China where there is substantial controversy about price deflators and aggregate real growth. As a consequence, we are able to offer consistent global series on national income – i.e. Nevertheless, social grants and remittances have played a crucial role in reducing the income … All details will be kept confidential and is for the use of Stats SA only. The South African tax authority has provided additional statistics for top income earners who report taxable incomes above R10 million a year for each 2011 and 2014. The population of South Africa is about 58.8 million people of diverse origins, cultures, languages, and religions. Despite 25 years of democracy, South Africa remains the most economically unequal country in the world, according to the World Bank. All the methodological followed to construct our series can be found in country-specific papers in our methodology library or in the DINA guidelines. They are described in the Metadata associated to each variable and in the associated methodological documents. Statistical Release P0302, StatsSA: Pretoria. they sum to zero), which is typically not the case in existing databases. There are already many on line economic data portals, why using WID.world? If anything, the "Rainbow Nation" is … Mining, manufacturing and transport were the biggest drags on growth in gross domestic product (GDP). Yuan. If you wish to support us, please click on the DONATE button at the bottom of the funding page. WID.world is entirely funded by public, non-profit actors and personal donations. Mining, manufacturing and transport were the biggest drags on growth in gross domestic product (GDP). Download read more », After rebounding by a revised 3,2%1 in the second quarter of 2019, activity in the South African economy slipped slightly in the third quarter. Next, we include corrections for offshore wealth and offshore capital income, so that our series on foreign capital income inflows and outflows are consistent at the global level (e.g. And, finally, send us an email with the description of the issue, and the details of your operative system and browsers versions. These statistics complement other published social and economic data. However, household surveys, the data sources traditionally used to observe these dynamics, do not capture these evolution very well. 1,976,674 (40.2%) of assessed taxpayers were registered in Gauteng, of which 636,460 lived in … Upper Middle Income Class Poverty Line has a value of US$5.50 PPP. This page provides - South Africa Households Debt To Income- actual values, historical data, forecast, chart, statistics, economic calendar and news. Social protection is the third fastest-growing spending category for the government after post-school education and health. This allows us to release inequality estimates that are more reliable – from the bottom to the top of the distribution of income and wealth – and also that span over much longer periods. For more information on WID.world and its history, click here. The 2019 real median incomes of family households and nonfamily households increased 7.3 percent and 6.2 percent from their respective 2018 estimates (Figure 1 … Mining was down by 6,1%, driven largely by a fall in the production of platinum group read more », Statistics South Africa (Stats SA) launched a new online data portal to enable tracking of the Sustainable Development Goals (SDGS) on 2 December 2019 at ISIbalo House in Pretoria. WID.world uses 2011 Purchasing Power Parity round for international comparisons. The South African economy grew by 1.3% in 2017 and 0.8% in 2018. Income from the labour market, that is a normal nine-to-five job, accounts for more than 70% income in South African households, the report said. The economy of South Africa is the second largest in Africa. A polarized labour market results in high wage inequality. Working capital is a measure of a company’s liquidity and is one of a number of measures that provide insight into a company’s ability to pay off debt. Discrimination in the Family. Households Debt To Income in South Africa averaged 58.16 percent from 1969 until 2019, reaching an all time high of 86.40 percent in 2008 and a record low of 40.30 percent in 1980. South Africa - Income distribution Income share held by second 20%. The National Income Dynamics Study (NIDS), is the first national panel study in South Africa. South Africa has made considerable strides toward improving the wellbeing of its citizens since its transition to democracy in the mid-1990s, but progress is slowing. Despite gains in economic growth, the country has the most unequal income distribution in the world with a Gini Index … It should also be noted that default monetary values for Eurozone countries are displayed in PPP Euros and are thus different from Market exchange rate Euros. The 2011 South African census was the most recent held and the next will be in 2021.. South Africa Area and Population Density. Approximately 51,2% (approximately 30 million) of the population is female. 03 May 2019 - 08:50 By ... where some of South Africa's poorest live in the shadow of some of the country's richest. Income distribution and poverty. 24 April 2020. Restricted Physical Integrity. National Income Dynamics Study - Coronavirus Rapid Mobile Survey 2020, Wave 2 . In contrast, WID.world combines national accounts and survey data with fiscal data sources. The Gross Domestic Product (GDP) in South Africa was worth 351.43 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. This is a list of countries or dependencies by income inequality metrics, including Gini coefficients.The Gini coefficient is a number between 0 and 1, where 0 corresponds with perfect equality (where everyone has the same income) and 1 corresponds with perfect inequality (where one person has all the income—and everyone else has no income). Submitted on: 14 Oct, 2020. Revenue Statistics in Africa 2020 ─ South Africa Tax-to-GDP ratio over time Tax-to-GDP ratio, 2018 The LAC average refers to the Revenue Statistics in Latin America and the Caribbean 2020 publication. See in particular the « World National Accounts Series Methodology » (here) and the « Distributional National Accounts Guidelines » (there). Statistics South Africa (2019). (212) 419-8286. hadley.ward@statista.com. 9 Poverty and income distribution indicators 65 10 Access to services 66 11 Health indicators 67 12 Major diseases 68 13 education indicators 69 14 Labor indicators, 2018 70. This is fully explained in the country-specific papers. At the 2001 Census, the final declared total for resident citizens in South Africa was 44,819,778. South Africa - Income distribution Income share held by second 20%. Find Out Our website provides our research, surveys and latest Wave data. We’ve listed some of the most sobering stats below: 10% of South Africans have an income of R345 or less per month. Gender Institutions and Development Database (GID-DB) 2019. By Nic Spaull, Ronelle Burger, Rulof Burger, David Carel, Reza Daniels, Nwabisa Makaluza, Dorrit Posel, Vimal Ranchhod, Servaas van der Berg, Gabrielle Wills. The population of South Africa is about 58.8 million people of diverse origins, cultures, languages, and religions. South Africa is an upper-middle-income economy, one of only eight such countries in Africa. Gauteng comprises the largest share of the South African population, with approximately 15,2 million people (25,8%) living in … The key novelty of the WID.world project is to use such data in a systematic manner, allowing comparisons between countries and over long time periods. Disposable Personal Income in South Africa increased to 3050164 ZAR Million in the third quarter of 2020 from 2619615 ZAR Million in the second quarter of … The value for Income share held by second 20% in South Africa was 4.80 as of 2014. South Africa is a middle-income emerging market with an abundant supply of natural resources; well-developed financial, legal, communications, energy, and transport sectors; and a stock exchange that is Africa’s largest and among the top 20 in the world.
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