Minimum Wages in South Africa increased to 20.76 ZAR/Hour in 2020 from 20 ZAR/Hour in 2019. source: Cabinet of South Africa

Minimum Wages in South Africa averaged 20.38 ZAR/Hour from 2019 until 2020, reaching an all time high of 20.76 ZAR/Hour in 2020 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 May of 2021.

Minimum Wages in South Africa is expected to reach 20.76 ZAR/Hour by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Minimum Wages is projected to trend around 21.50 ZAR/Hour in 2021 and 22.50 ZAR/Hour in 2022, according to our econometric models.

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South Africa Minimum Wages

Actual Previous Highest Lowest Dates Unit Frequency
20.76 20.00 20.76 20.00 2019 - 2020 ZAR/Hour Yearly

South Africa Labour Last Previous Highest Lowest Unit
Unemployment Rate 32.50 30.80 32.50 21.50 percent [+]
Employed Persons 15023.55 14690.87 16528.70 11666.00 [+]
Unemployed Persons 7233.00 6533.00 7233.00 3873.00 Thousand [+]
Labor Force Participation Rate 56.60 54.20 60.80 47.30 percent [+]
Labour Costs 162.20 177.40 177.40 1.00 points [+]
Wages 23133.00 22579.00 23133.00 6742.00 ZAR/Month [+]
Wages in Manufacturing 19788.00 18857.00 19788.00 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 [+]
Employment Rate 38.20 37.51 46.17 36.26 percent [+]
Minimum Wages 20.76 20.00 20.76 20.00 ZAR/Hour [+]
Youth Unemployment Rate 61.30 52.30 61.30 48.80 percent [+]