Wages in Hong Kong decreased to 16986 HKD/Month in the fourth quarter of 2019 from 17304 HKD/Month in the third quarter of 2019.

Wages in Hong Kong averaged 12697.90 HKD/Month from 1999 until 2019, reaching an all time high of 17304 HKD/Month in the third quarter of 2019 and a record low of 10382 HKD/Month in the first quarter of 2005. This page provides - Hong Kong Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Average Monthly Salaries - values, historical data and charts - was last updated on May of 2020. source: Census and Statistics Department, Hong Kong

Wages in Hong Kong is expected to be 17900.00 HKD/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Hong Kong to stand at 18000.00 in 12 months time. In the long-term, the Hong Kong Average Monthly Salaries is projected to trend around 18500.00 HKD/Month in 2021, according to our econometric models.

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Hong Kong Average Monthly Salaries

Actual Previous Highest Lowest Dates Unit Frequency
16986.00 17304.00 17304.00 10382.00 1999 - 2019 HKD/Month Quarterly
Current Prices, NSA

Hong Kong Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.20 4.20 8.50 1.00 percent [+]
Employed Persons 3657.40 3720.00 3882.40 2370.60 Thousand [+]
Unemployed Persons 202.50 162.20 307.70 24.90 Thousand [+]
Labor Force Participation Rate 59.20 59.50 66.50 57.70 percent [+]
Productivity 107.20 106.40 107.20 63.40 points [+]
Job Vacancies 54433.00 63032.00 127765.00 15919.00 [+]
Wages 16986.00 17304.00 17304.00 10382.00 HKD/Month [+]
Wages in Manufacturing 15530.00 15533.00 15533.00 7611.00 HKD/Month [+]
Minimum Wages 37.50 34.50 37.50 28.00 HKD/Hour [+]
Population 7.50 7.48 7.50 3.08 Million [+]
Retirement Age Men 65.00 65.00 65.00 60.00 [+]
Retirement Age Women 65.00 65.00 65.00 60.00 [+]
Youth Unemployment Rate 8.10 6.70 10.40 1.90 percent [+]


Hong Kong Average Monthly Salaries
In Hong Kong, wages are benchmarked using nominal salaries.