Gini inequality index reduction (%) - Contributory Pensions in South Africa

South Africa: Gini inequality index reduction (%) - Contributory Pensions was 0.8% in 2021. ◆ Volatile

Latest (2021)
0.8%
Change on year
up 78.8%
World rank
20th
of 32 countries
All-time high
1.0%
in 2019
All-time low
-0.1%
in 2014
Years of data
7
2005–2021

Gini inequality index reduction (%) - Contributory Pensions in South Africa, 2005–2021

00.250.50.7512005201320212005: 0.0572014: -0.1112016: 0.8122018: 0.6662019: 0.9542020: 0.432021: 0.768

Source: ASPIRE.

Analysis

The most recent figure for gini inequality index reduction (%) - contributory pensions in South Africa is 0.8%, measured in 2021.

Compared with earlier readings it is up 78.8% on the previous year and up 794.4% over ten years.

Over the whole period, gini inequality index reduction (%) - contributory pensions in South Africa peaked at 1.0% in 2019 and was at its lowest, -0.1%, in 2014.

South Africa ranks 20th of 32 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.1% 0.1% 0.1% 1
2010s 0.6% -0.1% 1.0% 4
2020s 0.6% 0.4% 0.8% 2

Countries ranked near South Africa

  1. 17 Sri Lanka 1.5% compare
  2. 18 Vietnam 1.0% compare
  3. 19 Costa Rica 0.8% compare
  4. 21 Pakistan 0.3% compare
  5. 22 Panama 0.2% compare
  6. 23 Dominican Republic 0.0% compare

See the full ranking of 33 places →

More reference data data for South Africa

All data for South Africa →

Frequently asked questions

What is gini inequality index reduction (%) - contributory pensions in South Africa?
Gini inequality index reduction (%) - contributory pensions in South Africa was 0.8% in 2021, according to ASPIRE.
What is the highest gini inequality index reduction (%) - contributory pensions recorded in South Africa?
The highest recorded value was 1.0% in 2019.
What is the lowest gini inequality index reduction (%) - contributory pensions recorded in South Africa?
The lowest recorded value was -0.1% in 2014.
How does South Africa rank for gini inequality index reduction (%) - contributory pensions?
South Africa ranks 20th out of 32 countries with data for 2021.
Is gini inequality index reduction (%) - contributory pensions rising or falling in South Africa?
Over the last ten years it is up 794.4%. The long-run trend across the full record is volatile.
Where does this South Africa data come from?
The figures come from ASPIRE, published as part of Gini inequality index reduction (%) - Contributory Pensions. Statizoid updates them automatically from the source API.

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About this data

Indicator
Gini inequality index reduction (%) - Contributory Pensions
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
33 places, 342 data points, 2002–2023
Last refreshed

Gini inequality index reduction due to Contributory Pensions programs as % of pre-transfer Gini index