6. Per capita earnings in the manufacturing sector Per capita income or earnings in the manufacturing sector is a measure of the amount of money earned
per person employed in the sector, and the same principle applies when categorised by sub-sector.
Figure 48: Total Manufacturing and M&E Real per capita earnings trend
Source: Quantec
As depicted in figure 48, real per capita earnings in the manufacturing sector increased from R35 074.99 in 2002 quarter three to reach R52 487.37 in 2021 quarter one, thus representing an increase of 49.6%. During the same period, real per capital income in the
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entire M&E sector also increased from R36 867.55 to reach R55 296.66, representing a 50% increase. On average, the M&E sector’s real per capital earnings is more than the total manufacturing sector’s real per capital earnings.
State of the Metals & Engineering Sector Report - First half of 2021 review 2021-22