All data is delayed
See More

Agriculture is Zim's main income source

Jun 07 2013 15:53
Malcom Sharara, Fin24’s correspondent in Zimbabwe
Harare - The main source of income in Zimbabwe is the sale of agricultural produce at 48.4%, a recent survey by that country’s statistical agency Zimstats has shown.
According to the Poverty Income Consumption and Expenditure Survey 2011/12 Report released this week, the main source of income in Zimbabwe is the sale of agricultural produce followed by salaries and wages which accounted for 31.9%.
The survey however showed that in terms of value, wages and salaries contribute 66.2% to average annual gross income followed by agricultural income which contributes 17.5% to average gross income.
The informal sector is also a major source of income with the value of non-farm output of the informal sector at US$2.1bn.
The persons with the highest primary income in Zimbabwe are managers earning an average annual gross income of $10 586, followed by technicians and associate professionals earning and average gross primary income of $6 229.
Average annual gross income is $2 154 which equates to $5.90 a day. The survey also showed that 77% of the employed persons in Zimbabwe earn gross monthly primary incomes of less than $351.

 - Fin24


Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

zimbabwe  |  zimbabwe economy



Read Fin24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

We're talking about:


With infrastructure spending having been identified as one of the key focus areas of the National Development Plan, tradesmen will continue to play a critical role in growing the South African economy through their skills..

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

A 30% a month return on investment is:

Previous results · Suggest a vote