Wages in South Africa increased to 21966 ZAR/Month in the third quarter of 2019 from 21432 ZAR/Month in the second quarter of 2019. South Africa Average Monthly Gross Wage - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Wages in South Africa averaged 13611.08 ZAR/Month from 2004 until 2019, reaching an all time high of 21966 ZAR/Month in the third quarter of 2019 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. source: Statistics South Africa

Wages in South Africa is expected to be 21000.00 ZAR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in South Africa to stand at 21600.00 in 12 months time. In the long-term, the South Africa Average Monthly Gross Wage is projected to trend around 21600.00 ZAR/Month in 2021, according to our econometric models.

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South Africa Average Monthly Gross Wage

Actual Previous Highest Lowest Dates Unit Frequency
21966.00 21432.00 21966.00 6742.00 2004 - 2019 ZAR/Month Quarterly
Current Prices, NSA

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