Wages in Manufacturing in South Africa increased to 19122 ZAR/Month in the third quarter of 2019 from 18798 ZAR/Month in the second quarter of 2019. Wages in Manufacturing in South Africa averaged 12171.30 ZAR/Month from 2004 until 2019, reaching an all time high of 19122 ZAR/Month in the third quarter of 2019 and a record low of 6250 ZAR/Month in the second quarter of 2005. source: Statistics South Africa

Wages in Manufacturing in South Africa is expected to be 18500.00 ZAR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in South Africa to stand at 18500.00 in 12 months time. In the long-term, the South Africa Average Monthly Wages in Manufacturing is projected to trend around 19000.00 ZAR/Month in 2020, according to our econometric models.

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South Africa Average Monthly Wages in Manufacturing

Actual Previous Highest Lowest Dates Unit Frequency
19122.00 18798.00 19122.00 6250.00 2004 - 2019 ZAR/Month Quarterly
Current Prices, NSA

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 [+]