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Economy

What is South Africa’s youth unemployment rate?

Source

Stats SA Quarterly Labour Force Survey (QLFS) – Q2:2023

Short answer

What is South Africa’s youth unemployment rate?

South Africa's youth unemployment rate for the 15-34 age group (NEET) in the second quarter of 2023 was reported to be 34.2%. ...

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Economy

How many people are employed in South Africa’s tourism sector?

Source

Minister Patricia De Lille notes tourism statistics (2023)

Short answer

How many people are employed in South Africa’s tourism sector?

According to the latest available data, the tourism sector in South Africa directly employed 459,533 people in 2020. This was a significant decrease of 41.1% or 320,563 employees compared to 2019. ...

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Economy

What is South Africa’s unemployment rate?

Source

Stats SA Quarterly Labour Force Survey (QLFS) – Q2:2023

Short answer

What is South Africa’s unemployment rate?

According to Statistics South Africa, the official unemployment rate for South Africa in the first quarter of 2023 was recorded at 32.9%. The rate for the second quarter of 2023 was 32.6%. ...

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Economy

What was South Africa’s gini coefficient in 2020?

Source

The World Bank: Inequality in Southern Africa: An Assessment of the Southern African Customs Union

Short answer

What was South Africa’s gini coefficient in 2020?

The Gini coefficient is a globally used measure of inequality, between individuals or households within an economy. The coefficient ranges from 0 to 1, with 0 representing perfect equality (all individuals have the same income) and 1 representing perfect inequality (where one person has all the inco...

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Economy

What is the average household income in South Africa?

Source

StatsSA: Quarterly employment statistics (QES) June 2022

Short answer

What is the average household income in South Africa?

Statistics South Africa has published the latest Quarterly Employment Survey (QES) for the second quarter of 2022, showing what workers are getting paid across the various sectors in the country. These figures include the payment of bonuses and overtime. The formal non-agricultural sector saw a q...

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Economy

What is South Africa’s GDP per capita?

Source

The World Bank: GDP per capita (current US$) - South Africa

Short answer

What is South Africa’s GDP per capita?

After two consecutive quarters of positive growth, real gross domestic product (GDP) decreased by 0.7% in the second quarter of 2022. The country's GDP per capita (nominal gross domestic product divided by the mid-year population) was US$6,994 in 2021. ...

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#YouAsked

Economy

What is South Africa’s Gini coefficient?

Source

The World Bank: Inequality in Southern Africa: An Assessment of the Southern African Customs Union

Short answer

What is South Africa’s Gini coefficient?

The Gini coefficient is a globally used measure of inequality, among individuals or households within an economy. The coefficient ranges from 0 to 1, where 0 represents perfect equality (all individuals have the same income) and 1 indicates perfect inequality (where one person has all the income and...

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Covid-19

Economy

Sex & gender

Were men or women more likely to lose a job during South Africa’s Covid-19 lockdown?

Source

Gender and the early effects of the Covid-19 crisis in the paid and unpaid economies in South Africa

Short answer

Were men or women more likely to lose a job during South Africa’s Covid-19 lockdown?

The release of South Africa’s official unemployment numbers for the second quarter of 2020 (April to June) has been delayed. According to an analysis of National Income Dynamics Study – Coronavirus Rapid Mobile Survey data, women accounted for the bulk of net job losses. This is “because wo...

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Economy