Wages in Manufacturing in South Africa increased to 19788 ZAR/Month in the fourth quarter of 2020 from 18857 ZAR/Month in the third quarter of 2020. source: Statistics South Africa

Wages in Manufacturing in South Africa averaged 12732.71 ZAR/Month from 2004 until 2020, reaching an all time high of 19788 ZAR/Month in the fourth quarter of 2020 and a record low of 6250 ZAR/Month in the second quarter of 2005. This page provides - South Africa Total Quarterly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Average Monthly Wages in Manufacturing - values, historical data and charts - was last updated on April of 2021.

Wages in Manufacturing in South Africa is expected to be 19000.00 ZAR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in South Africa to stand at 19000.00 in 12 months time. In the long-term, the South Africa Average Monthly Wages in Manufacturing is projected to trend around 19000.00 ZAR/Month in 2022, according to our econometric models.

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South Africa Average Monthly Wages in Manufacturing

Actual Previous Highest Lowest Dates Unit Frequency
19788.00 18857.00 19788.00 6250.00 2004 - 2020 ZAR/Month Quarterly
Current Prices, NSA

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 [+]