Wages in South Africa decreased to 23982 ZAR/Month in the fourth quarter of 2021 from 24051 ZAR/Month in the third quarter of 2021. source: Statistics South Africa

Wages in South Africa averaged 14873.16 ZAR/Month from 2004 until 2021, reaching an all time high of 24051 ZAR/Month in the third 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 June of 2022.

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 2023, according to our econometric models.

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South Africa Average Monthly Gross Wage

Related Last Previous Unit Reference
Unemployment Rate 34.50 35.30 percent Mar 2022
Employed Persons 14914.21 14544.13 Mar 2022
Unemployed Persons 7900.00 7900.00 Thousand Mar 2022
Labor Force Participation Rate 56.90 56.30 percent Mar 2022
Wages 23982.00 24051.00 ZAR/Month Dec 2021
Wages in Manufacturing 21234.00 20600.00 ZAR/Month Dec 2021
Population 59.30 58.80 Million Dec 2020
Youth Unemployment Rate 63.90 66.50 percent Mar 2022
Employment Rate 37.30 36.50 percent Mar 2022

South Africa Average Monthly Gross Wage
In South Africa, wages are benchmarked using the total value of salaries in the economy.
Actual Previous Highest Lowest Dates Unit Frequency
23982.00 24051.00 24051.00 6742.00 2004 - 2021 ZAR/Month Quarterly
Current Prices, NSA