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.