SDG
Goal 10 Reduced inequalities
Reduce inequality within and among countries
targets with data available for at least one indicator
applicable indicators with data available for South Africa
Targets
South Africa currenty has data on these targets for Goal 10.
Target 10.1
Reduce Income Inequalities
1/1 covered
Target 10.2
Promote Universal Social, Economic and Political Inclusion
1/1 covered
Target 10.3
Ensure Equal Opportunities and End Discrimination
1/1 covered
Target 10.4
Adopt Fiscal and Social Policies that Promotes Equality
1/2 covered
Target 10.5
Improve Regulation of Global Financial Markets and Institutions
0/1 covered
Target 10.6
Ensure Representation for Developing Countries in Financial Institutions
1/1 covered
Target 10.7
Compassionate and Responsible Migration Policies
2/4 covered
Target 10.A
Special and Differential Treatment for Developing Countries
1/1 covered
Target 10.B
Development Assistance and Investment in Least Developed Countries
0/1 covered
Target 10.C
Reduce Transaction Costs for Migrant Remittances
1/1 covered
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This indicator provides the income growth rates of household income in the bottom two per-capita income quintiles (40%) in relation to the national income growth rates. The bottom 40% is determined by ranking the households according to their per capita income. The percentage increase in incomes of households at the bottom 40% and national percentage income increase between two data points are then presented as growth rates. Households with annual per capita consumption expenditure falling into quintiles 1 and 2 are grouped together to form the bottom 40%.
Method of computation
Growth rates are calculated as annualized average growth rates over a roughly five-year period. Since many countries do not conduct surveys on a precise five-year schedule, the following rules guide selection of the survey years used to calculate the growth rates in the 2022 update: the final year of the growth period (T1) is the most recent year of a survey but no earlier than 2017, and the initial year (T0) is as close to T1 – 5 as possible, within a two-year band. Thus the gap between initial and final survey years ranges from three to seven years. If two surveys are equidistant from T1 – 5, other things being equal, the more recent survey year is selected as T0. The comparability of welfare aggregates (income or consumption) for the years chosen for T0 and T1 is assessed for every country. If comparability across the two surveys is a major concern, the selection criteria are re-applied to select the next best survey year.
Source
Inequality Trends in South Africa, Stats SA