South Africa ZA: Unit Labour Costs: Employment Based: Annual Growth: Mining and Utilities

2009 - 2022 | Yearly | % | Organisation for Economic Co-operation and Development

South Africa ZA: Unit Labour Costs: Employment Based: Annual Growth: Mining and Utilities data was reported at 9.848 % in 2022. This records an increase from the previous number of 5.329 % for 2021. South Africa ZA: Unit Labour Costs: Employment Based: Annual Growth: Mining and Utilities data is updated yearly, averaging 8.644 % from Dec 2009 (Median) to 2022, with 14 observations. The data reached an all-time high of 15.460 % in 2011 and a record low of 4.037 % in 2019. South Africa ZA: Unit Labour Costs: Employment Based: Annual Growth: Mining and Utilities data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Africa – Table ZA.OECD.PDB: Unit Labour Costs: by Industry: Non OECD Member: Annual. Unit labour costs (ULCs) measure the average cost of labour per unit of output. They are calculated as the ratio of total labour costs to real output. Annual ULCs can be expressed as the ratio of total labour compensation per hour worked to output per hour worked (labour productivity).

View South Africa's South Africa ZA: Unit Labour Costs: Employment Based: Annual Growth: Mining and Utilities from 2009 to 2022 in the chart:

South Africa South Africa ZA: Unit Labour Costs: Employment Based: Annual Growth: Mining and Utilities

What was South Africa's South Africa ZA: Unit Labour Costs: Employment Based: Annual Growth: Mining and Utilities in 2022?

Last Previous Min Max Unit Frequency Range
9.848 2022 5.329 2021 4.037 2019 15.460 2011 % yearly 2009 - 2022

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South Africa Key Series

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 17,709.306 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 7,060.272 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 1.400 2028 yearly 1980 - 2028
GDP Deflator Growth (%) 5.6 Mar 2023 quarterly Mar 1961 - Mar 2023
GDP per Capita (USD) 6,667.325 2022 yearly 1957 - 2022
Gross Fixed Capital Formation (USD mn) 14,256.535 Dec 2023 quarterly Mar 1960 - Dec 2023
Gross National Product (GNP) (USD mn) 95,489.434 Dec 2023 quarterly Mar 1960 - Dec 2023
Gross Savings Rate (%) 12.7 Dec 2023 quarterly Mar 1960 - Dec 2023
Investment: % of GDP (%) 14.3 Dec 2023 quarterly Mar 1960 - Dec 2023
Nominal GDP (USD mn) 98,826.0 Sep 2022 quarterly Mar 1960 - Sep 2022
Nominal GDP Growth (%) 5.946 Dec 2023 quarterly Mar 1961 - Dec 2023
Private Consumption Expenditure (USD mn) 61,561.778 Dec 2023 quarterly Mar 1960 - Dec 2023
Private Consumption: % of GDP (%) 67.1 Dec 2023 quarterly Mar 1960 - Dec 2023
Public Consumption Expenditure (USD mn) 18,654.790 Dec 2023 quarterly Mar 1960 - Dec 2023
Public Consumption: % of GDP (%) 19.8 Dec 2023 quarterly Mar 1960 - Dec 2023
Real GDP Growth (%) 1.3 Dec 2022 quarterly Mar 1961 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 65.176 Dec 2023 quarterly Mar 1960 - Dec 2023
Production Last Frequency Range
Gold Production (kg) 100,000.000 2023 yearly 1990 - 2023
Industrial Production Index Growth (%) -3.5 Mar 2024 monthly Jan 1962 - Mar 2024
Minerals Production (Metric Ton) 291,567,745.000 2022 yearly 2009 - 2022
Motor Vehicle Production (Unit) 633,337.000 2023 yearly 1997 - 2023
Silver Production (Metric Ton) 37.747 2021 yearly 1986 - 2021
Construction and Properties Last Frequency Range
House Prices Growth (%) 7.3 Nov 2016 monthly Jan 1967 - Nov 2016
Nominal Residential Property Price Index (2010=100) 176.125 Dec 2023 quarterly Mar 1966 - Dec 2023
Nominal Residential Property Price Index Growth (%) 0.704 Dec 2023 quarterly Mar 1967 - Dec 2023
Real Residential Property Price Index (2010=100) 88.922 Dec 2023 quarterly Mar 1966 - Dec 2023
Real Residential Property Price Index Growth (%) -4.567 Dec 2023 quarterly Mar 1967 - Dec 2023
Building Permits (Unit) 4,023.000 Mar 2024 monthly Jan 1993 - Mar 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.0 Dec 2023 quarterly Dec 1990 - Dec 2023
Forecast: Government Expenditure (ZAR bn) 3,213.470 2028 yearly 2000 - 2028
Forecast: Government Net Debt (ZAR bn) 8,398.923 2029 yearly 2000 - 2029
Forecast: Government Revenue (ZAR bn) 2,574.380 2028 yearly 2000 - 2028
Government Debt: % of GDP (%) 73.9 Dec 2023 quarterly Dec 1960 - Dec 2023
Tax Revenue (USD mn) 9,401.469 Mar 2024 monthly Jan 1990 - Mar 2024
National Government Debt (USD mn) 278,349.7 Mar 2024 monthly Jan 1960 - Mar 2024
Consolidated Fiscal Balance (USD mn) 109.668 Mar 2024 monthly Jan 1990 - Mar 2024
Tax Revenue: % of GDP (%) 23.7 Dec 2023 quarterly Mar 1990 - Dec 2023
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 16,744,749.367 Mar 2024 quarterly Mar 2008 - Mar 2024
Forecast: Population (Person mn) 66.365 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 35.003 2029 yearly 1980 - 2029
Labour Force Participation Rate (%) 60.7 Mar 2024 quarterly Mar 2008 - Mar 2024
Labour Productivity Growth (%) -3.56 Dec 2023 quarterly Mar 2009 - Dec 2023
Monthly Earnings (USD) 1,428 Nov 2023 quarterly Nov 2004 - Nov 2023
Population (Person mn) 60.6 2022 yearly 1960 - 2022
Unemployment Rate (%) 32.90 Mar 2024 quarterly Mar 2008 - Mar 2024

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