Labour Costs in South Africa increased to 154 Index Points in the third quarter of 2018 from 150.90 Index Points in the second quarter of 2018. Labour Costs in South Africa averaged 45.30 Index Points from 1970 until 2018, reaching an all time high of 154 Index Points in the third quarter of 2018 and a record low of 1.10 Index Points in the second quarter of 1970.

South Africa Labour Costs
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South Africa Labour Last Previous Highest Lowest Unit
Unemployment Rate 27.60 27.10 31.20 21.50 percent [+]
Employed Persons 10151000.00 9733000.00 10151000.00 3694977.00 [+]
Unemployed Persons 6200.00 6100.00 6214.11 3873.00 Thousand [+]
Labor Force Participation Rate 58.80 59.40 60.80 53.60 percent [+]
Labour Costs 154.00 150.90 154.00 1.10 Index Points [+]
Wages 21190.00 20860.00 21190.00 6742.00 ZAR/Month [+]
Wages in Manufacturing 18510.00 18344.00 18510.00 6250.00 ZAR/Month [+]
Population 57.73 56.84 57.73 17.46 Million [+]
Retirement Age Women 60.00 60.00 60.00 60.00 [+]
Retirement Age Men 60.00 60.00 65.00 60.00 [+]
Wages Low Skilled 4380.00 3960.00 4380.00 3840.00 ZAR/Month [+]
Youth Unemployment Rate 55.20 54.70 55.90 48.80 percent [+]
Wages High Skilled 22600.00 20300.00 22600.00 19000.00 ZAR/Month [+]
Living Wage Family 11300.00 10700.00 11300.00 10700.00 ZAR/Month [+]
Living Wage Individual 6570.00 6140.00 6570.00 6140.00 ZAR/Month [+]
Employment Rate 42.56 43.34 46.17 41.00 percent [+]


South Africa Labour Costs

This page provides the latest reported value for - South Africa Labour Costs - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa Labour Costs - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
154.00 150.90 154.00 1.10 1970 - 2018 Index Points Quarterly
SA, 2000=100




Country Last Previous
Australia 103.80 Mar/19
Brazil 117.40 Apr/19
Canada 108.49 Mar/19
China 104.30 Mar/19
Euro Area 116.60 Dec/18
France 107.50 Mar/19
Germany 116.69 Mar/19
Italy 111.20 Mar/19
Mexico 85.70 Feb/19
Netherlands 108.30 Dec/18
Singapore 110.80 Mar/19
South Africa 154.00 Sep/18
South Korea 103.10 Dec/18
Spain 106.00 Dec/18
Turkey 188.85 Mar/19
United Kingdom 105.60 Dec/18
United States 108.71 Mar/19


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