Wages in Manufacturing in South Africa increased to 18344 ZAR/Month in the third quarter of 2018 from 17674 ZAR/Month in the second quarter of 2018. Wages in Manufacturing in South Africa averaged 11708.59 ZAR/Month from 2004 until 2018, reaching an all time high of 18344 ZAR/Month in the third quarter of 2018 and a record low of 6250 ZAR/Month in the second quarter of 2005.

Wages in Manufacturing in South Africa is expected to be 17900.00 ZAR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in South Africa to stand at 18798.62 in 12 months time. In the long-term, the South Africa Average Monthly Wages in Manufacturing is projected to trend around 19000.00 ZAR/Month in 2020, according to our econometric models.

South Africa Average Monthly Wages in Manufacturing
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South Africa Labour Last Previous Highest Lowest Unit
Unemployment Rate 27.10 27.50 31.20 21.50 percent [+]
Employed Persons 9733000.00 9748000.00 9817000.00 3694977.00 [+]
Unemployed Persons 6100.00 6200.00 6214.11 3873.00 Thousand [+]
Labor Force Participation Rate 59.40 59.50 60.80 53.60 percent [+]
Labour Costs 150.90 150.80 150.90 1.10 Index Points [+]
Wages 20860.00 20176.00 20860.00 6742.00 ZAR/Month [+]
Wages in Manufacturing 18344.00 17674.00 18344.00 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 54.70 52.80 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 43.10 43.10 46.17 41.00 percent [+]


South Africa Average Monthly Wages in Manufacturing

This page provides - South Africa Total Quarterly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Average Monthly Wages in Manufacturing - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
18344.00 17674.00 18344.00 6250.00 2004 - 2018 ZAR/Month Quarterly
Current Prices, NSA




Country Last Previous
Australia 1304.50 Jun/18
Brazil 2227.00 Dec/18
Canada 25.65 Nov/18
China 64452.00 Dec/17
France 102.00 Sep/18
Germany 114.90 Dec/18
India 347.30 Dec/14
Indonesia 2703980.52 Sep/18
Italy 113.70 Dec/18
Japan 839280.00 Dec/18
Mexico 3.20 Dec/18
Netherlands 115.10 Jan/19
Russia 40462.00 Oct/18
South Africa 18344.00 Sep/18
South Korea 4067903.00 Sep/18
Switzerland 113.10 Dec/17
Turkey 166.50 Sep/18
United Kingdom 607.00 Dec/18
United States 21.86 Jan/19


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