Minimum Wages in South Africa remained unchanged at 20 ZAR/Hour in January from 20 ZAR/Hour in January of 2019.

Minimum Wages in South Africa is expected to be 20.00 ZAR/Hour by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in South Africa to stand at 20.00 in 12 months time. In the long-term, the South Africa Minimum Wages is projected to trend around 30.00 ZAR/Hour in 2020, according to our econometric models.

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South Africa Minimum Wages

Actual Previous Highest Lowest Dates Unit Frequency
20.00 20.00 20.00 20.00 2019 - 2020 ZAR/Hour Monthly

South Africa Labour Last Previous Highest Lowest Unit
Unemployment Rate 29.10 29.10 30.40 21.50 percent [+]
Employed Persons 10142000.00 10172000.00 10174000.00 3694977.00 [+]
Unemployed Persons 6700.00 6700.00 6700.00 3873.00 Thousand [+]
Labor Force Participation Rate 59.80 59.90 60.80 53.60 percent [+]
Labour Costs 160.50 161.10 161.10 1.00 points [+]
Wages 21966.00 21432.00 21966.00 6742.00 ZAR/Month [+]
Wages in Manufacturing 19122.00 18798.00 19122.00 6250.00 ZAR/Month [+]
Population 58.80 58.78 58.80 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 [+]
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 [+]
Minimum Wages 20.00 20.00 20.00 20.00 ZAR/Hour [+]
Wages Low Skilled 4380.00 3960.00 4380.00 3840.00 ZAR/Month [+]
Youth Unemployment Rate 58.10 58.20 58.20 48.80 percent [+]
Wages High Skilled 22600.00 20300.00 22600.00 19000.00 ZAR/Month [+]
Employment Rate 42.40 42.40 46.17 41.00 percent [+]