Adequacy of benefits in 2nd quintile (%) - Contributory Pensions in South Africa

South Africa: Adequacy of benefits in 2nd quintile (%) - Contributory Pensions was 62.4% in 2021. ▲ Rising

Latest (2021)
62.4%
Change on year
up 11.4%
World rank
8th
of 34 countries
All-time high
117.6%
in 2018
All-time low
29.7%
in 2005
Years of data
7
2005–2021

Adequacy of benefits in 2nd quintile (%) - Contributory Pensions in South Africa, 2005–2021

204060801001202005201320212005: 29.72014: 69.22016: 412018: 117.62019: 55.42020: 562021: 62.4

Source: ASPIRE.

Analysis

The most recent figure for adequacy of benefits in 2nd quintile (%) - contributory pensions in South Africa is 62.4%, measured in 2021.

The figure is up 11.4% on the previous year and down 9.8% over ten years.

Over the whole period, adequacy of benefits in 2nd quintile (%) - contributory pensions in South Africa peaked at 117.6% in 2018 and was at its lowest, 29.7%, in 2005.

That places South Africa 8th out of 34 countries with data for 2021, putting it in the top quarter.

Adequacy of benefits in 2nd quintile (%) - Contributory Pensions in South Africa, year by year

Annual values for Adequacy of benefits in 2nd quintile (%) - Contributory Pensions -urban in South Africa, 2005 to 2021.
Year Value Change
2005 29.7%
2014 69.2% +133.1%
2016 41.0% -40.7%
2018 117.6% +186.8%
2019 55.4% -52.9%
2020 56.0% +1.2%
2021 62.4% +11.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 29.7% 29.7% 29.7% 1
2010s 70.8% 41.0% 117.6% 4
2020s 59.2% 56.0% 62.4% 2

Countries ranked near South Africa

  1. 5 Serbia 70.3% compare
  2. 6 Republic of Moldova 63.6% compare
  3. 7 Türkiye 63.0% compare
  4. 9 Ukraine 59.2% compare
  5. 10 Kazakhstan 56.9% compare
  6. 11 Colombia 54.2% compare

See the full ranking of 34 places →

More reference data data for South Africa

All data for South Africa →

Frequently asked questions

What is adequacy of benefits in 2nd quintile (%) - contributory pensions in South Africa?
Adequacy of benefits in 2nd quintile (%) - contributory pensions in South Africa was 62.4% in 2021, according to ASPIRE.
What is the highest adequacy of benefits in 2nd quintile (%) - contributory pensions recorded in South Africa?
The highest recorded value was 117.6% in 2018.
What is the lowest adequacy of benefits in 2nd quintile (%) - contributory pensions recorded in South Africa?
The lowest recorded value was 29.7% in 2005.
How does South Africa rank for adequacy of benefits in 2nd quintile (%) - contributory pensions?
South Africa ranks 8th out of 34 countries with data for 2021.
Is adequacy of benefits in 2nd quintile (%) - contributory pensions rising or falling in South Africa?
Over the last ten years it is down 9.8%. The long-run trend across the full record is rising.
Where does this South Africa data come from?
The figures come from ASPIRE, published as part of Adequacy of benefits in 2nd quintile (%) - Contributory Pensions -urban. Statizoid updates them automatically from the source API.

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Adequacy of benefits in 2nd quintile (%) - Contributory Pensions in South Africa. Statizoid, drawing on ASPIRE. Retrieved 06 September 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-2nd-quintile-percent-contributory-pensions-urban/south-africa/

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About this data

Indicator
Adequacy of benefits in 2nd quintile (%) - Contributory Pensions -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
34 places, 347 data points, 2002–2023
Last refreshed

Total transfer amount received by all beneficiaries in a population group as a share of the total welfare of beneficiaries in that group