Wages in Taiwan increased to 47998 TWD/Month in November from 46666 TWD/Month in October of 2019. Wages in Taiwan averaged 34771.72 TWD/Month from 1980 until 2019, reaching an all time high of 94136 TWD/Month in January of 2019 and a record low of 7902 TWD/Month in March of 1980.

Wages in Taiwan is expected to be 47700.00 TWD/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Taiwan to stand at 50900.00 in 12 months time. In the long-term, the Taiwan Average Monthly Wage In Industry and Services is projected to trend around 51500.00 TWD/Month in 2020, according to our econometric models.


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Taiwan Average Monthly Wage In Industry and Services

Actual Previous Highest Lowest Dates Unit Frequency
47998.00 46666.00 94136.00 7902.00 1980 - 2019 TWD/Month Monthly

Taiwan Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.72 3.73 6.02 1.04 percent [+]
Employed Persons 11516.00 11516.00 11516.00 6068.00 Thousand [+]
Unemployed Persons 447.00 446.00 659.00 71.00 Thousand [+]
Labor Force Participation Rate 59.21 59.21 61.21 57.06 percent [+]
Labour Costs 90.02 85.47 289.35 64.98 points [+]
Productivity 109.02 106.02 116.43 20.29 points [+]
Minimum Wages 23100.00 22000.00 23100.00 2400.00 TWD/Month [+]
Wages in Manufacturing 49023.00 46540.00 95165.00 1789.00 TWD/Month [+]
Population 23.58 23.57 23.58 15.93 Million [+]
Wages 47998.00 46666.00 94136.00 7902.00 TWD/Month [+]
Youth Unemployment Rate 12.86 13.05 16.28 2.42 percent [+]