Minimum Wages in South Africa increased to 21.69 ZAR/Hour in 2021 from 20.76 ZAR/Hour in 2020. source: Cabinet of South Africa

Minimum Wages in South Africa averaged 20.82 ZAR/Hour from 2019 until 2021, reaching an all time high of 21.69 ZAR/Hour in 2021 and a record low of 20 ZAR/Hour in 2019. This page provides - South Africa Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Minimum Wages - values, historical data and charts - was last updated on August of 2021.

Minimum Wages in South Africa is expected to reach 21.69 ZAR/Hour by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Minimum Wages is projected to trend around 22.50 ZAR/Hour in 2022 and 23.70 ZAR/Hour in 2023, according to our econometric models.

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South Africa Minimum Wages

Actual Previous Highest Lowest Dates Unit Frequency
21.69 20.76 21.69 20.00 2019 - 2021 ZAR/Hour Yearly

South Africa Labour Last Previous Highest Lowest Unit
Unemployment Rate 32.60 32.50 32.60 21.50 percent [+]
Employed Persons 14995.34 15023.55 16528.70 11666.00 [+]
Unemployed Persons 7242.00 7233.00 7242.00 3873.00 Thousand [+]
Labor Force Participation Rate 56.40 56.60 60.80 47.30 percent [+]
Labour Costs 166.10 162.20 177.40 1.00 points [+]
Wages 23122.00 23133.00 23133.00 6742.00 ZAR/Month [+]
Wages in Manufacturing 19552.00 19788.00 19788.00 6250.00 ZAR/Month [+]
Population 59.30 58.80 59.30 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 21.69 20.76 21.69 20.00 ZAR/Hour [+]
Youth Unemployment Rate 63.30 63.20 63.30 48.80 percent [+]
Employment Rate 38.01 38.20 46.17 36.26 percent [+]