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This means that the literal middle group in south africa comprises households earning between r380 and r1 140 per capita per month in 2008 money terms.
Upper middle class income south africa. The top million research report into south africa s upper middle class households in 2019 with a combined buying power of r700 billion was released by the uct marketing institute and ad agency. In analysing the actual middle of the income distribution in south africa for 2008 i use an interval of 50 to 150 of the median per capita income per month which was r759 in 2008. For example close to 80 of the population of mauritius could be classified as middle class. At 20 of the population the share of the middle class in south africa is relatively small.
The bank notes that 62 3 of households fall within the poorest income bracket below r86 000 per annum while middle income groups r86 001 r1 48 million per annum comprise a combined 26 4 of south african households. However the official unemployment rate is still a very high 25 and a quarter of the population live on 1 25 per day. The wealthiest households in south africa only account for 1 2 r1 48 million r2 36 million per annum. This graph displays the makeup of south africa s classes by race.
The upper bound poverty line of r992 per person per month is the threshold used to determine the middle class. The world bank rates the south african economy as an upper middle income economy one of only four african countries in africa the others being mauritius botswana and gabon.
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