Wages in South Africa increased to 21966 ZAR/Month in the third quarter of 2019 from 21432 ZAR/Month in the second quarter of 2019. Wages in South Africa averaged 13611.08 ZAR/Month from 2004 until 2019, reaching an all time high of 21966 ZAR/Month in the third quarter of 2019 and a record low of 6742 ZAR/Month in the first quarter of 2005. source: Statistics South Africa

Wages in South Africa is expected to be 21000.00 ZAR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in South Africa to stand at 21000.00 in 12 months time. In the long-term, the South Africa Average Monthly Gross Wage is projected to trend around 21600.00 ZAR/Month in 2020, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
South Africa Average Monthly Gross Wage

Actual Previous Highest Lowest Dates Unit Frequency
21966.00 21432.00 21966.00 6742.00 2004 - 2019 ZAR/Month Quarterly
Current Prices, NSA


South Africa Average Monthly Gross Wage
In South Africa, wages are benchmarked using the total value of salaries in the economy.

South Africa Labour Last Previous Highest Lowest Unit
Unemployment Rate 29.10 29.00 30.40 21.50 percent [+]
Employed Persons 10142000.00 10172000.00 10174000.00 3694977.00 [+]
Unemployed Persons 6733.71 6655.00 6733.71 3873.00 Thousand [+]
Labor Force Participation Rate 59.90 59.80 60.80 53.60 percent [+]
Labour Costs 161.10 157.00 161.10 1.00 points [+]
Wages 21966.00 21432.00 21966.00 6742.00 ZAR/Month [+]
Wages in Manufacturing 19122.00 18798.00 19122.00 6250.00 ZAR/Month [+]
Population 58.78 57.73 58.78 17.46 Million [+]
Retirement Age Women 60.00 60.00 60.00 60.00 [+]
Retirement Age Men 60.00 60.00 65.00 60.00 [+]
Wages High Skilled 22600.00 20300.00 22600.00 19000.00 ZAR/Month [+]
Living Wage Family 11300.00 10700.00 11300.00 10700.00 ZAR/Month [+]
Living Wage Individual 6570.00 6140.00 6570.00 6140.00 ZAR/Month [+]
Wages Low Skilled 4380.00 3960.00 4380.00 3840.00 ZAR/Month [+]
Youth Unemployment Rate 58.20 56.40 58.20 48.80 percent [+]
Employment Rate 42.40 42.44 46.17 41.00 percent [+]