Wages in Manufacturing in South Africa decreased to 19552 ZAR/Month in the first quarter of 2021 from 19788 ZAR/Month in the fourth quarter of 2020. source: Statistics South Africa

Wages in Manufacturing in South Africa averaged 12836.03 ZAR/Month from 2004 until 2021, reaching an all time high of 19788 ZAR/Month in the fourth quarter of 2020 and a record low of 6250 ZAR/Month in the second quarter of 2005. 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 - values, historical data and charts - was last updated on July of 2021.

Wages in Manufacturing in South Africa is expected to be 19000.00 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 19000.00 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 2022, according to our econometric models.

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South Africa Average Monthly Wages in Manufacturing

Actual Previous Highest Lowest Dates Unit Frequency
19552.00 19788.00 19788.00 6250.00 2004 - 2021 ZAR/Month Quarterly
Current Prices, NSA

South Africa Labour Last Previous Highest Lowest Unit
Unemployment Rate 32.60 32.50 32.60 21.50 percent [+]
Employed Persons 14995.34 15023.55 16528.70 11666.00 [+]
Unemployed Persons 7242.00 7233.00 7242.00 3873.00 Thousand [+]
Labor Force Participation Rate 56.40 56.60 60.80 47.30 percent [+]
Labour Costs 166.10 162.20 177.40 1.00 points [+]
Wages 23122.00 23133.00 23133.00 6742.00 ZAR/Month [+]
Wages in Manufacturing 19552.00 19788.00 19788.00 6250.00 ZAR/Month [+]
Population 59.30 58.80 59.30 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 [+]
Minimum Wages 21.69 20.76 21.69 20.00 ZAR/Hour [+]
Youth Unemployment Rate 63.30 63.20 63.30 48.80 percent [+]
Employment Rate 38.01 38.20 46.17 36.26 percent [+]