Wages in Taiwan increased to 51957 TWD/Month in May from 49930 TWD/Month in April of 2021. source: Directorate-General of Budget, Accounting and Statistics, Executive Yuan, Taiwan

Wages in Taiwan averaged 35548.54 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 July of 2021.

Wages in Taiwan is expected to be 52800.00 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 52900.00 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
51957.00 49930.00 99084.00 7902.00 1980 - 2021 TWD/Month Monthly

Taiwan Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.15 3.71 6.02 1.04 percent [+]
Employed Persons 11414.00 11534.00 11534.00 6068.00 Thousand [+]
Unemployed Persons 494.00 444.00 659.00 71.00 Thousand [+]
Labor Force Participation Rate 58.93 59.23 61.21 57.06 percent [+]
Productivity 123.33 125.02 131.88 20.29 points [+]
Labour Costs 84.81 81.01 289.35 64.98 points [+]
Minimum Wages 24000.00 23800.00 24000.00 2400.00 TWD/Month [+]
Wages in Manufacturing 51107.00 47652.00 99693.00 1789.00 TWD/Month [+]
Population 23.55 23.59 23.59 15.93 Million [+]
Youth Unemployment Rate 12.58 11.69 16.28 2.42 percent [+]
Wages 51957.00 49930.00 99084.00 7902.00 TWD/Month [+]