Wages in South Africa increased to 20860 ZAR/Month in the third quarter of 2018 from 20176 ZAR/Month in the second quarter of 2018. Wages in South Africa averaged 13057.54 ZAR/Month from 2004 until 2018, reaching an all time high of 20860 ZAR/Month in the third quarter of 2018 and a record low of 6742 ZAR/Month in the first quarter of 2005.

Wages in South Africa is expected to be 20500.00 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 21703.32 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 2020, according to our econometric models.

South Africa Average Monthly Gross Wage
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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 Average Monthly Gross Wage

In South Africa, wages are benchmarked using the total value of salaries in the economy. 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 - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
20860.00 20176.00 20860.00 6742.00 2004 - 2018 ZAR/Month Quarterly
Current Prices, NSA




Country Last Previous
Argentina 33590.00 Oct/18
Australia 1207.40 Jun/18
Brazil 2238.00 Nov/18
Canada 25.38 Oct/18
China 74318.00 Dec/17
France 2998.00 Dec/15
Germany 3875.00 Jun/18
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 321210.00 Nov/18
Mexico 352.70 Nov/18
Russia 42750.00 Nov/18
Singapore 4962.00 Sep/18
South Africa 20860.00 Sep/18
South Korea 3737254.00 Sep/18
Spain 1842.62 Sep/18
Switzerland 6260.00 Dec/17
Turkey 2207.00 Dec/14
United Kingdom 527.00 Nov/18
United States 23.05 Dec/18


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