Wages in South Africa increased to 21190 ZAR/Month in the fourth quarter of 2018 from 20860 ZAR/Month in the third quarter of 2018. Wages in South Africa averaged 13200.21 ZAR/Month from 2004 until 2018, reaching an all time high of 21190 ZAR/Month in the fourth quarter of 2018 and a record low of 6742 ZAR/Month in the first quarter of 2005.
Wages in South Africa is expected to be 20200.00 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 21000.00 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 2020, according to our econometric models.