Wages in South Africa increased to 23133 ZAR/Month in the fourth quarter of 2020 from 22579 ZAR/Month in the third quarter of 2020. source: Statistics South Africa
Wages in South Africa averaged 14331.80 ZAR/Month from 2004 until 2020, reaching an all time high of 23133 ZAR/Month in the fourth quarter of 2020 and a record low of 6742 ZAR/Month in the first quarter of 2005. This page provides - South Africa Total Quarterly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Average Monthly Gross Wage - values, historical data and charts - was last updated on June of 2021.
Wages in South Africa is expected to be 21600.00 ZAR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in South Africa to stand at 21600.00 in 12 months time. In the long-term, the South Africa Average Monthly Gross Wage is projected to trend around 21600.00 ZAR/Month in 2022, according to our econometric models.