[Africa] The Ten highest-paying African countries

A list of the top 10 countries in Africa where workers earn the highest average monthly salaries has been compiled by Business Insider Africa using data from Salary Explorer and Statista.

Morocco came first in the ranking, with South Africa a close runner-up. Business Insider Africa notes that the average salaries listed differ from the minimum wage and primarily serve as indicators.

Average salaries are calculated using feedback from respondents, according to Salary Explorer. Researchers reportedly add salary samples, divide them by the number of respondents and arrive at the monthly average wage. The average salary is often a good indicator but doesn’t paint the whole picture.

The national minimum wage is the lowest amount a worker in a given country can earn. Employers are not permitted to pay employees less than the minimum wage. The top 10 African countries with the highest average monthly salaries are detailed below.

The top 10 African countries with the highest average monthly salaries

1. Top of the list is Morocco, with an average monthly salary of $2,031.
2. South Africa closely follows, with an average monthly salary of $2,026.
3. Tunisia takes third place with an average monthly salary of $1,348.
4. Kenya comes fourth with an average monthly salary of $1,291.
5. Algeria reportedly ranks fifth with an average monthly salary of $1,273.
6. Namibia takes sixth place with an average monthly salary of $1,168.
7. Botswana is seventh, with an average monthly salary of $1,000.
8. Nigeria comes eighth on the chart with an average monthly salary of $814.
9. Ghana follows with an average monthly salary of $748.
10. In tenth place is Uganda, with an average monthly salary of $738.

Business Insider Africa reminded readers that, while these countries have high average monthly salaries, they face income inequality and poverty challenges nevertheless. An average salary is only an indicator, it is not a comprehensive measure of a country's economic well-being.

Source: Business Insider Africa

A list of the top 10 countries in Africa where workers earn the highest average monthly salaries has been compiled by Business Insider Africa using data from Salary Explorer and Statista.

Morocco came first in the ranking, with South Africa a close runner-up. Business Insider Africa notes that the average salaries listed differ from the minimum wage and primarily serve as indicators.

Average salaries are calculated using feedback from respondents, according to Salary Explorer. Researchers reportedly add salary samples, divide them by the number of respondents and arrive at the monthly average wage. The average salary is often a good indicator but doesn’t paint the whole picture.

The national minimum wage is the lowest amount a worker in a given country can earn. Employers are not permitted to pay employees less than the minimum wage. The top 10 African countries with the highest average monthly salaries are detailed below.

The top 10 African countries with the highest average monthly salaries

1. Top of the list is Morocco, with an average monthly salary of $2,031.
2. South Africa closely follows, with an average monthly salary of $2,026.
3. Tunisia takes third place with an average monthly salary of $1,348.
4. Kenya comes fourth with an average monthly salary of $1,291.
5. Algeria reportedly ranks fifth with an average monthly salary of $1,273.
6. Namibia takes sixth place with an average monthly salary of $1,168.
7. Botswana is seventh, with an average monthly salary of $1,000.
8. Nigeria comes eighth on the chart with an average monthly salary of $814.
9. Ghana follows with an average monthly salary of $748.
10. In tenth place is Uganda, with an average monthly salary of $738.

Business Insider Africa reminded readers that, while these countries have high average monthly salaries, they face income inequality and poverty challenges nevertheless. An average salary is only an indicator, it is not a comprehensive measure of a country's economic well-being.

Source: Business Insider Africa