Wages High Skilled in South Africa increased to 22600 ZAR/Month in 2018 from 20300 ZAR/Month in 2017.

Wages High Skilled in South Africa averaged 20500 ZAR/Month from 2015 until 2018, reaching an all time high of 22600 ZAR/Month in 2018 and a record low of 19000 ZAR/Month in 2015. South Africa Wages High Skilled - values, historical data and charts - was last updated on August of 2020.

Wages High Skilled in South Africa is expected to reach 23200.00 ZAR/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Wages High Skilled is projected to trend around 23200.00 ZAR/Month in 2021, according to our econometric models.

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South Africa Wages High Skilled

Actual Previous Highest Lowest Dates Unit Frequency
22600.00 20300.00 22600.00 19000.00 2015 - 2018 ZAR/Month yearly

South Africa Labour Last Previous Highest Lowest Unit
Unemployment Rate 30.10 29.10 30.40 21.50 percent [+]
Employed Persons 10231000.00 10213000.00 10231000.00 3694977.00 [+]
Unemployed Persons 7069.65 6726.13 7069.65 3873.00 Thousand [+]
Labor Force Participation Rate 60.30 59.80 60.80 53.60 percent [+]
Labour Costs 165.60 160.50 165.60 1.00 points [+]
Wages 22387.00 22500.00 22500.00 6742.00 ZAR/Month [+]
Wages in Manufacturing 19114.00 19377.00 19377.00 6250.00 ZAR/Month [+]
Population 58.80 58.78 58.80 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 [+]
Minimum Wages 20.76 20.00 20.76 20.00 ZAR/Hour [+]
Youth Unemployment Rate 59.00 58.10 59.00 48.80 percent [+]
Employment Rate 42.14 42.40 46.17 41.00 percent [+]


South Africa Wages High Skilled
High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.