As of the fourth quarter of 2021, the aggregated basic wages in South Africa reached over 719.6 billion South African rands (around 49.67 billion U.S. dollars). This was an increase from 713.4 billion South African rands(48.67 billion U.S. dollars) in the previous quarter. In the second quarter of 2020, the basic wages in the country dropped to nearly 610.9 billion South African rands (41.85 billion U.S. dollars), which was the lowest level recorded between 2019 and 2021. Overall, employee basic salaries increased during the period under review. Basic wages are the major component of the gross earnings of employees in the country.
Basic wages of employees in South Africa from 1st quarter 2019 to 4th quarter 2021
(in million South African rands)
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Statistics South Africa. (March 31, 2022). Basic wages of employees in South Africa from 1st quarter 2019 to 4th quarter 2021 (in million South African rands) [Graph]. In Statista. Retrieved January 06, 2025, from https://www.statista.com/statistics/1300434/quarterly-employee-basic-wages-in-south-africa/
Statistics South Africa. "Basic wages of employees in South Africa from 1st quarter 2019 to 4th quarter 2021 (in million South African rands)." Chart. March 31, 2022. Statista. Accessed January 06, 2025. https://www.statista.com/statistics/1300434/quarterly-employee-basic-wages-in-south-africa/
Statistics South Africa. (2022). Basic wages of employees in South Africa from 1st quarter 2019 to 4th quarter 2021 (in million South African rands). Statista. Statista Inc.. Accessed: January 06, 2025. https://www.statista.com/statistics/1300434/quarterly-employee-basic-wages-in-south-africa/
Statistics South Africa. "Basic Wages of Employees in South Africa from 1st Quarter 2019 to 4th Quarter 2021 (in Million South African Rands)." Statista, Statista Inc., 31 Mar 2022, https://www.statista.com/statistics/1300434/quarterly-employee-basic-wages-in-south-africa/
Statistics South Africa, Basic wages of employees in South Africa from 1st quarter 2019 to 4th quarter 2021 (in million South African rands) Statista, https://www.statista.com/statistics/1300434/quarterly-employee-basic-wages-in-south-africa/ (last visited January 06, 2025)
Basic wages of employees in South Africa from 1st quarter 2019 to 4th quarter 2021 (in million South African rands) [Graph], Statistics South Africa, March 31, 2022. [Online]. Available: https://www.statista.com/statistics/1300434/quarterly-employee-basic-wages-in-south-africa/
