Wages in Taiwan increased to 55505 TWD/Month in July from 50581 TWD/Month in June of 2020.

Wages in Taiwan averaged 35134.68 TWD/Month from 1980 until 2020, reaching an all time high of 99084 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 September 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
55505.00 50581.00 99084.00 7902.00 1980 - 2020 TWD/Month Monthly

Taiwan Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.83 3.90 6.02 1.04 percent [+]
Employed Persons 11494.00 11495.00 11532.00 6068.00 Thousand [+]
Unemployed Persons 458.00 467.00 659.00 71.00 Thousand [+]
Labor Force Participation Rate 59.07 59.12 61.21 57.06 percent [+]
Productivity 107.36 113.13 119.54 20.29 points [+]
Labour Costs 105.71 89.21 289.35 64.98 points [+]
Minimum Wages 23800.00 23100.00 23800.00 2400.00 TWD/Month [+]
Wages in Manufacturing 57922.00 49262.00 99693.00 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 55505.00 50581.00 99084.00 7902.00 TWD/Month [+]