Wages in Manufacturing in Indonesia increased to 2817234.31 IDR/Month in the first quarter of 2020 from 2703980.52 IDR/Month in the third quarter of 2019.

Wages in Manufacturing in Indonesia averaged 1027379.21 IDR/Month from 1997 until 2020, reaching an all time high of 2817234.31 IDR/Month in the first quarter of 2020 and a record low of 201000 IDR/Month in the first quarter of 1997. This page provides - Indonesia Average Monthly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Average Monthly Wages in Manufacturing - values, historical data and charts - was last updated on September of 2020. source: Statistics Indonesia

Wages in Manufacturing in Indonesia is expected to be 2850000.00 IDR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Indonesia to stand at 3100000.00 in 12 months time. In the long-term, the Indonesia Average Monthly Wages in Manufacturing is projected to trend around 3100000.00 IDR/Month in 2021, according to our econometric models.

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Indonesia Average Monthly Wages in Manufacturing

Actual Previous Highest Lowest Dates Unit Frequency
2817234.31 2703980.52 2817234.31 201000.00 1997 - 2020 IDR/Month Quarterly
Current Prices, NSA

Indonesia Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.99 5.28 11.24 2.00 percent [+]
Employed Persons 129366192.00 127067835.00 129366192.00 51192000.00 [+]
Unemployed Persons 6816840.00 6871264.00 11899266.00 91700.00 [+]
Labor Force Participation Rate 69.32 69.20 69.32 57.14 percent [+]
Wages in Manufacturing 2817234.31 2703980.52 2817234.31 201000.00 IDR/Month [+]
Minimum Wages 4.28 3.94 4.28 1.68 IDR Million/Month [+]
Population 266.10 264.20 266.10 88.69 Million [+]
Retirement Age Women 58.00 58.00 58.00 55.00 [+]
Retirement Age Men 58.00 58.00 58.00 55.00 [+]