In 2022, South African households had an average disposable income of over 50,500 South African rand (approximately 2,738 U.S. dollars). This was slightly higher than the previous year where the average disposable income was 50,343 South African rand (around 2,725 U.S. dollars). Within the observed period, the disposable income of households in the country was highest in 2018 at 51,236 South African rand (about 2,773 U.S. dollars), while it was lowest in 2004.
Household disposable income per capita in South Africa from 2004 to 2022
(in South African rand)
Characteristic
Disposable income in South African Rand
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The source states the following: "Households refer to private households (including interest in pension funds and insurers), non-incorporated business enterprises and non-profit institutions (e.g., churches, welfare organizations and sport clubs) that render social and community services to households. The data is derived from mid-year estimates of the economically active population."
As of 11/14/2023, one U.S. dollars is equivalent to 18,47 South African rand
Values calculated using constant 2015 prices.
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SARB. (June 28, 2023). Household disposable income per capita in South Africa from 2004 to 2022 (in South African rand) [Graph]. In Statista. Retrieved July 16, 2024, from https://www.statista.com/statistics/874035/household-disposable-income-in-south-africa/
SARB. "Household disposable income per capita in South Africa from 2004 to 2022 (in South African rand)." Chart. June 28, 2023. Statista. Accessed July 16, 2024. https://www.statista.com/statistics/874035/household-disposable-income-in-south-africa/
SARB. (2023). Household disposable income per capita in South Africa from 2004 to 2022 (in South African rand). Statista. Statista Inc.. Accessed: July 16, 2024. https://www.statista.com/statistics/874035/household-disposable-income-in-south-africa/
SARB. "Household Disposable Income per Capita in South Africa from 2004 to 2022 (in South African Rand)." Statista, Statista Inc., 28 Jun 2023, https://www.statista.com/statistics/874035/household-disposable-income-in-south-africa/
SARB, Household disposable income per capita in South Africa from 2004 to 2022 (in South African rand) Statista, https://www.statista.com/statistics/874035/household-disposable-income-in-south-africa/ (last visited July 16, 2024)
Household disposable income per capita in South Africa from 2004 to 2022 (in South African rand) [Graph], SARB, June 28, 2023. [Online]. Available: https://www.statista.com/statistics/874035/household-disposable-income-in-south-africa/
