Wages in Taiwan increased to 75145 TWD/Month in January from 53252 TWD/Month in December of 2020. source: Directorate-General of Budget, Accounting and Statistics, Executive Yuan, Taiwan

Wages in Taiwan averaged 35369.35 TWD/Month from 1980 until 2021, reaching an all time high of 99084 TWD/Month in January of 2020 and a record low of 7902 TWD/Month in March of 1980. This page provides - Taiwan Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Average Monthly Wage In Industry and Services - values, historical data and charts - was last updated on April of 2021.

Wages in Taiwan is expected to be 52100.00 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 53000.00 in 12 months time. In the long-term, the Taiwan Average Monthly Wage In Industry and Services is projected to trend around 54000.00 TWD/Month in 2022 and 55100.00 TWD/Month in 2023, according to our econometric models.

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Taiwan Average Monthly Wage In Industry and Services

Actual Previous Highest Lowest Dates Unit Frequency
75145.00 53252.00 99084.00 7902.00 1980 - 2021 TWD/Month Monthly

Taiwan Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.73 3.75 6.02 1.04 percent [+]
Employed Persons 11521.00 11527.00 11532.00 6068.00 Thousand [+]
Unemployed Persons 446.00 438.00 659.00 71.00 Thousand [+]
Labor Force Participation Rate 59.14 59.14 61.21 57.06 percent [+]
Productivity 124.10 115.83 126.49 20.29 points [+]
Labour Costs 121.00 81.85 289.35 64.98 points [+]
Minimum Wages 24000.00 23800.00 24000.00 2400.00 TWD/Month [+]
Wages in Manufacturing 72450.00 50800.00 99693.00 1789.00 TWD/Month [+]
Population 23.55 23.59 23.59 15.93 Million [+]
Youth Unemployment Rate 11.96 12.14 16.28 2.42 percent [+]
Wages 75145.00 53252.00 99084.00 7902.00 TWD/Month [+]