Thursday 3 February 2011

Whites earn 7.7 times more than blacks.



"White per capita personal income in 2008 was 7.7 times higher than that of Africans," the institute said in a statement on its latest South Africa Survey.

In the same year it was 4.5 times higher than that of coloureds, and 1.5 times higher than that of Indians.

In 1970 whites were earning 15 times as much as blacks. It has since fallen from this peak.

In 1917 white income was 11 times higher than that of blacks.

The data, from the Institute for Futures Research at the University of Stellenbosch, shows the ratio of white income to coloured income is the same as it was in 1917.

The per capita income of Indians and coloured people was the same in 1917.

However, since then Indian income has grown at a higher rate than that of any other race group.

"‘These trends are confirmed by data we have from other sources in the Survey," said Lucy Holborn of the institute's research department.

At constant 2000 prices, between 1993 and 2008 white per capita income rose from R46,486 to R75,297.

That of Indians rose from R19,537 to R51,457. Coloured people went from R12,911 to R16,567. Income for blacks rose from R5073 to R9790.

"While average incomes still reflect the disparities between race groups that existed during apartheid and before, we are beginning to see a narrowing of these differences," said Holborn.

"White per capita personal income in 2008 was 7.7 times higher than that of Africans," the institute said in a statement on its latest South Africa Survey.

In the same year it was 4.5 times higher than that of coloureds, and 1.5 times higher than that of Indians.

In 1970 whites were earning 15 times as much as blacks. It has since fallen from this peak.

In 1917 white income was 11 times higher than that of blacks.

The data, from the Institute for Futures Research at the University of Stellenbosch, shows the ratio of white income to coloured income is the same as it was in 1917.

The per capita income of Indians and coloured people was the same in 1917.

However, since then Indian income has grown at a higher rate than that of any other race group.

"‘These trends are confirmed by data we have from other sources in the Survey," said Lucy Holborn of the institute's research department.

At constant 2000 prices, between 1993 and 2008 white per capita income rose from R46,486 to R75,297.

That of Indians rose from R19,537 to R51,457. Coloured people went from R12,911 to R16,567. Income for blacks rose from R5073 to R9790.

"While average incomes still reflect the disparities between race groups that existed during apartheid and before, we are beginning to see a narrowing of these differences," said Holborn.

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