Wages in Taiwan increased to 49609 TWD/Month in May from 48078 TWD/Month in April of 2020.

Wages in Taiwan averaged 35068.13 TWD/Month from 1980 until 2020, reaching an all time high of 102561 TWD/Month in January of 2020 and a record low of 7902 TWD/Month in March of 1980. This page provides - Taiwan Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Average Monthly Wage In Industry and Services - values, historical data and charts - was last updated on August of 2020.

Wages in Taiwan is expected to be 50200.00 TWD/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Taiwan to stand at 48600.00 in 12 months time. In the long-term, the Taiwan Average Monthly Wage In Industry and Services is projected to trend around 53400.00 TWD/Month in 2021 and 54500.00 TWD/Month in 2022, according to our econometric models.

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Taiwan Average Monthly Wage In Industry and Services

Actual Previous Highest Lowest Dates Unit Frequency
49609.00 48078.00 102561.00 7902.00 1980 - 2020 TWD/Month Monthly

Taiwan Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.97 4.16 6.02 1.04 percent [+]
Employed Persons 11491.00 11479.00 11532.00 6068.00 Thousand [+]
Unemployed Persons 474.00 498.00 659.00 71.00 Thousand [+]
Labor Force Participation Rate 59.14 59.18 61.21 57.06 percent [+]
Productivity 111.39 107.57 120.97 20.29 points [+]
Labour Costs 92.19 88.60 289.35 64.98 points [+]
Minimum Wages 23800.00 23100.00 23800.00 2400.00 TWD/Month [+]
Wages in Manufacturing 48867.00 45579.00 98828.00 1789.00 TWD/Month [+]
Population 23.60 23.59 23.60 15.93 Million [+]
Youth Unemployment Rate 12.01 11.66 16.28 2.42 percent [+]
Wages 49609.00 48078.00 102561.00 7902.00 TWD/Month [+]