A man seen punching in punching in credit card details.personal income distribution in South Africa largely remains skewedThe market research shows that 75% of the adult population in the country earns below R5 800 per month, while only 3.8% of the adult population earns more than R48 000 per month.
The research further shows that 13% of the adult population relies mainly on grants as a cash flow income source. “So, for 2021, cash flow income recorded a total income of R4,4 trillion, and unfortunately we are one of the most skewed income countries in the world. Some of the very disheartening income statistics are that 75% of our adult population, so those are once again 15 years old and above, earned below approximately R5800 per month. It is estimated that only 3.
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Source: SABCNews - 🏆 37. / 51 Read more »
Source: SABCNews - 🏆 37. / 51 Read more »