Income Percentile South Africa
Meanwhile our conversion of your entered income to be in terms of international u s.
Income percentile south africa. The southern africa labour and development research unit saldru at the university of cape town uct has developed an income comparison tool to show how income is distributed from the. Dollars is based on the world bank s estimates of the purchasing power parity of. Salaries range from 7 880 zar lowest average to 139 000 zar highest average actual maximum salary is higher. For example the income threshold of the group p90p100 is the income of the poorest individuals in the top 10.
To estimate where your personal income percentile falls on the world s income spectrum all you need is to indicate 11 18 2020 23 19 57pm est. Salaries vary drastically between different careers. Economies with gini values above 0 5 are considered very unequal with countries like botswana colombia and zambia being in this group. This is the average monthly salary including housing transport and other benefits.
Our tool s estimate of your world income percentile is based on data for the global distribution of income for 2013 which is the most current year for which we have the data. Many south africans find it surprising to find out where they lie on the country s income distribution curve says the southern africa labour and development research unit saldru at the university of cape town. The unit created an online tool to help south africans. They correspond to the minimum level of income or wealth that gets you into a group.
The southern africa labour and development research unit saldru has published a new tool that tells you how your monthly income compares to the rest of south africa and into which percentile. A person working in south africa typically earns around 31 100 zar per month. By definition it is equal to the income threshold of the groups p90p99 or p90p91. An examination of absolute poverty between 2006 and 2011.
Wealth or income thresholds. Report 03 10 06 poverty trends in south africa. South africa is one of the most unequal countries in the world with over 50 of the country estimated to be chronically poor.