• Inside Labour

    Government's farming policies have had a damaging effect, says Terry Bell.

  • Hunter feeling the heat

    The killer of Cecil the lion is now the one getting hunted - by outraged Americans.

  • Making media behave

    Is patriotic reporting another name for whitewashing corruption, asks Leopold Scholtz.

Loading...
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

24.com 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
46 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About...

Money Clinic

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

Voting Booth

Introducing tablets in schools is:

Previous results · Suggest a vote

Loading...