Living Wage Individual in South Africa increased to 6570 ZAR/Month in 2018 from 6140 ZAR/Month in 2017. Living Wage Individual in South Africa averaged 6252.50 ZAR/Month from 2015 until 2018, reaching an all time high of 6570 ZAR/Month in 2018 and a record low of 6140 ZAR/Month in 2017.

Living Wage Individual in South Africa is expected to be 6530.00 ZAR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Living Wage Individual is projected to trend around 6700.00 ZAR/Month in 2020, according to our econometric models.

South Africa Living Wage Individual
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South Africa Labour Last Previous Highest Lowest Unit
Unemployment Rate 27.50 27.20 31.20 21.50 percent [+]
Employed Persons 9733000.00 9748000.00 9817000.00 3694977.00 [+]
Unemployed Persons 6209.39 6082.50 6214.11 3873.00 Thousand [+]
Labor Force Participation Rate 59.50 59.10 60.80 53.60 percent [+]
Labour Costs 150.90 150.80 150.90 1.10 Index Points [+]
Wages 20860.00 20176.00 20860.00 6742.00 ZAR/Month [+]
Wages in Manufacturing 18344.00 17674.00 18344.00 6250.00 ZAR/Month [+]
Population 57.73 56.84 57.73 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 Low Skilled 4380.00 3960.00 4380.00 3840.00 ZAR/Month [+]
Youth Unemployment Rate 52.80 53.70 55.90 48.80 percent [+]
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 [+]
Employment Rate 43.10 43.10 46.17 41.00 percent [+]


South Africa Living Wage Individual

WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. South Africa Living Wage Individual - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6570.00 6140.00 6570.00 6140.00 2015 - 2018 ZAR/Month yearly




Country Last Previous
Argentina 10400.00 Dec/18
Australia 1770.00 Dec/18
Brazil 1390.00 Dec/18
Canada 1930.00 Dec/18
France 1080.00 Dec/18
Germany 1240.00 Dec/17
India 10300.00 Dec/18
Indonesia 1456700.00 Dec/18
Italy 935.00 Dec/18
Mexico 4320.00 Dec/18
Netherlands 1120.00 Dec/18
Russia 14500.00 Dec/18
South Africa 6570.00 Dec/18
Spain 855.00 Dec/18
Turkey 1930.00 Dec/18
United Kingdom 895.00 Dec/18
United States 1660.00 Dec/18


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