Taiwan Average Monthly Wages in Manufacturing - Forecast

Wages in Manufacturing in Taiwan is expected to be 43700.00 TWD/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Taiwan to stand at 43000.00 in 12 months time. In the long-term, the Taiwan Average Monthly Wages in Manufacturing is projected to trend around 49400.00 TWD/Month in 2020, according to our econometric models.


Taiwan Average Monthly Wages in Manufacturing
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Taiwan Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 3.69 3.75 3.81 3.92 3.96 4.15
Employed Persons 11411 11421 11448 11476 11505 11816
Unemployed Persons 430 429 424 421 419 413
Labor Force Participation Rate 58.86 58.87 58.88 58.88 58.88 58.88
Labour Costs 89.84 109 109 109 109 109
Productivity 107 113 109 108 102 110
Minimum Wages 22000 22000 22000 22000 23200 24500
Wages in Manufacturing 43183 43700 45200 47300 43000 49400
Population 23.57 23.59 23.6 23.6 23.61 23.71
Wages 45767 46300 45620 49100 45400 50900
Youth Unemployment Rate 11.75 11.97 12.03 12 12 12