Wages in South Africa increased to 23526 ZAR/Month in the second quarter of 2021 from 23122 ZAR/Month in the first quarter of 2021. source: Statistics South Africa

Wages in South Africa averaged 14600.22 ZAR/Month from 2004 until 2021, reaching an all time high of 23526 ZAR/Month in the second quarter of 2021 and a record low of 6742 ZAR/Month in the first quarter of 2005. 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 - values, historical data and charts - was last updated on October of 2021.

Wages in South Africa is expected to be 21600.00 ZAR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Average Monthly Gross Wage is projected to trend around 21600.00 ZAR/Month in 2022, according to our econometric models.

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South Africa Average Monthly Gross Wage

South Africa Last Unit Reference Previous Highest Lowest
Unemployment Rate 34.40 percent Jun/21 32.60 34.40 21.50
Employed Persons 14941.57 Jun/21 14995.34 16528.70 11666.00
Unemployed Persons 7800.00 Thousand Jun/21 7200.00 7800.00 3873.00
Labor Force Participation Rate 57.50 percent Jun/21 56.40 60.80 47.30
Wages 23526.00 ZAR/Month Jun/21 23122.00 23526.00 6742.00
Wages in Manufacturing 20136.00 ZAR/Month Jun/21 19552.00 20136.00 6250.00
Population 59.30 Million Dec/20 58.80 59.30 17.46
Youth Unemployment Rate 64.40 percent Jun/21 63.30 64.40 48.80
Employment Rate 37.70 percent Jun/21 38.01 46.17 36.26

South Africa Average Monthly Gross Wage
In South Africa, wages are benchmarked using the total value of salaries in the economy.