- Statista and Salary Explorer have compiled a list of the top 10 African countries where workers earn the highest average monthly salaries.
- Morocco and South Africa top the list with average monthly salaries of $2,031 and $2,026 respectively.
- It is important to note that average salaries are different from minimum wage and are intended to serve as indicators, not comprehensive measures of a country’s economic well-being.
Business Insider Africa has compiled a list of the top 10 African countries where workers earn the highest average monthly salaries. This list was generated using data from Statista and Salary Explorer. It is important to note that the average salaries listed differ from the minimum wage and are mainly intended to serve as indicators.
According to Salary Explorer, average salaries are calculated using feedback from respondents. Researchers add salary samples together, divide them by the number of respondents, and arrive at the average monthly salary. While the average salary is generally a good indicator, it does not tell the whole story.
The minimum wage, on the other hand, is the lowest wage a worker can earn in a given country, as stipulated by the law. Employers are not allowed to pay employees less than the minimum wage. The list below highlights the top 10 African countries with the highest average monthly salaries.
Here are the top 10 African countries where workers earn the highest average monthly salaries:
1. Morocco: At the top of the list is Morocco, with an average monthly salary of $2,031.
Rabat, Morocco
2. South Africa: South Africa follows closely with an average monthly salary of $2,026.
Cape Town, South Africa
3. Tunisia: Tunisia takes the third spot with an average monthly salary of $1,348.
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Tunisians workers walking on the streets of the capital
4. Kenya: Kenya comes in fourth with an average monthly salary of $1,291.
Nairobi City skyline.
5. Algeria: Algeria ranks fifth with an average monthly salary of $1,273.
Algiers, the capital of Algeria
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6. Namibia: Namibia takes the sixth spot with an average monthly salary of $1,168.
Windhoek – The Namibia’s capital city
7. Botswana: Botswana is seventh, with an average monthly salary of $1,000.
People walking on the streets of Botswana
8. Nigeria: Nigeria ranks eighth on the list with an average monthly salary of $814.
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People crowd a street in Lagos ahead of Christmas on December 23, 2016.
9. Ghana: Ghana follows closely with an average monthly salary of $748.
Parts of Ghana capital, Accra
10. Uganda: Rounding out the list is Uganda, with an average monthly salary of $738.
Uganda is on its way to becoming Africa’s third nuclear-powered country.
It is important to note that while these countries have high average monthly salaries, they still face income inequality and poverty challenges. The average salary is merely an indicator and should not be considered a comprehensive measure of a country’s economic well-being.