Living Wage Individual in South Africa increased to 6570 ZAR/Month in 2018 from 6140 ZAR/Month in 2017. source: WageIndicator Foundation

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. South Africa Living Wage Individual - values, historical data and charts - was last updated on January of 2021.

Living Wage Individual in South Africa is expected to reach 6700.00 ZAR/Month by the end of 2020, 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 2021, according to our econometric models.

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South Africa Living Wage Individual

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

South Africa Labour Last Previous Highest Lowest Unit
Unemployment Rate 30.80 23.30 30.80 21.50 percent [+]
Employed Persons 9581000.00 9548000.00 10231000.00 3694977.00 [+]
Unemployed Persons 6500.00 4300.00 7069.65 3873.00 Thousand [+]
Labor Force Participation Rate 54.20 47.30 60.80 47.30 percent [+]
Labour Costs 177.40 163.60 177.40 1.00 points [+]
Wages 22579.00 21448.00 22579.00 6742.00 ZAR/Month [+]
Wages in Manufacturing 18857.00 17003.00 19379.00 6250.00 ZAR/Month [+]
Population 58.80 58.78 58.80 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 20.76 20.00 20.76 20.00 ZAR/Hour [+]
Youth Unemployment Rate 52.30 59.00 59.00 48.80 percent [+]
Employment Rate 37.51 36.26 46.17 36.26 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.