Wages in South Africa decreased to 23502 ZAR/Month in the first quarter of 2022 from 23982 ZAR/Month in the fourth quarter of 2021. source: Statistics South Africa

Wages in South Africa averaged 14996.43 ZAR/Month from 2004 until 2022, reaching an all time high of 24051 ZAR/Month in the third quarter of 2021 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. South Africa Average Monthly Gross Wage - values, historical data and charts - was last updated on September of 2022.

Wages in South Africa is expected to be 21600.00 ZAR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Average Monthly Gross Wage is projected to trend around 21600.00 ZAR/Month in 2023, according to our econometric models.

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South Africa Average Monthly Gross Wage

Related Last Previous Unit Reference
Unemployment Rate 33.90 34.50 percent Jun 2022
Employed Persons 15561.86 14914.21 Jun 2022
Unemployed Persons 7994.29 7861.79 Thousand Jun 2022
Labor Force Participation Rate 58.60 56.90 percent Jun 2022
Wages 23502.00 23982.00 ZAR/Month Mar 2022
Wages in Manufacturing 20901.00 21234.00 ZAR/Month Mar 2022
Population 60.14 59.30 Million Dec 2021
Youth Unemployment Rate 61.40 63.90 percent Jun 2022
Employment Rate 38.70 37.26 percent Jun 2022

South Africa Average Monthly Gross Wage
In South Africa, wages are benchmarked using the total value of salaries in the economy.
Actual Previous Highest Lowest Dates Unit Frequency
23502.00 23982.00 24051.00 6742.00 2004 - 2022 ZAR/Month Quarterly
Current Prices, NSA