Wages in South Africa decreased to 20855 ZAR/Month in the first quarter of 2019 from 21190 ZAR/Month in the fourth quarter of 2018. Wages in South Africa averaged 13332.19 ZAR/Month from 2004 until 2019, reaching an all time high of 21190 ZAR/Month in the fourth quarter of 2018 and a record low of 6742 ZAR/Month in the first quarter of 2005.

Wages in South Africa is expected to be 21336.11 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.

South Africa Average Monthly Gross Wage
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South Africa Labour Last Previous Highest Lowest Unit
Unemployment Rate 27.60 27.10 31.20 21.50 percent [+]
Employed Persons 10174000.00 10151000.00 10174000.00 3694977.00 [+]
Unemployed Persons 6200.00 6100.00 6214.11 3873.00 Thousand [+]
Labor Force Participation Rate 58.80 59.40 60.80 53.60 percent [+]
Labour Costs 156.20 155.20 156.20 1.00 Index Points [+]
Wages 20855.00 21190.00 21190.00 6742.00 ZAR/Month [+]
Wages in Manufacturing 18167.00 18510.00 18510.00 6250.00 ZAR/Month [+]
Population 57.73 56.84 57.73 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 [+]
Wages Low Skilled 4380.00 3960.00 4380.00 3840.00 ZAR/Month [+]
Youth Unemployment Rate 55.20 54.70 55.90 48.80 percent [+]
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 [+]
Employment Rate 42.56 43.34 46.17 41.00 percent [+]


South Africa Average Monthly Gross Wage

In South Africa, wages are benchmarked using the total value of salaries in the economy. This page provides - South Africa Total Quarterly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Average Monthly Gross Wage - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
20855.00 21190.00 21190.00 6742.00 2004 - 2019 ZAR/Month Quarterly
Current Prices, NSA




Country Last Previous
Argentina 41359.00 Mar/19
Australia 1225.30 Dec/18
Brazil 2289.00 May/19
Canada 25.75 Apr/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3932.00 Mar/19
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 313061.00 May/19
Mexico 377.49 May/19
Russia 48510.00 May/19
Singapore 6005.00 Mar/19
South Africa 20855.00 Mar/19
South Korea 4021244.00 Mar/19
Spain 1876.19 Mar/19
Switzerland 6291.00 Dec/18
United Kingdom 532.00 Apr/19
United States 23.43 Jun/19


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