In 2005, the national minimum wage in South Africa remained fixed at €185.3 per month, that is 2,224 euros per year, taking into account 12 payments per year.
If we look at the minimum salary in South African rands, which is the official currency in South Africa, we can see that, this year, it was 1,425 South African rands and accordingly, the national minimum wage has been raised 115 South African rands per month from the previous year, 8.78%. This increase is greater than the CPI of 2004 which was 2.2%, so workers have gained buying power in the last year.
If we look at the ranking of the national minimum wage that we publish, South Africa is in 26 nd place of the 78 of the list.
The National Minimum Wage (NMW) of a country is the minimum amount (lowest salary) per hour, per day, or per month that employers may legally pay to workers.
In the table that follows we show you the progression of the National Minimum Wage South Africa. You can see NMW in other countries in National Minimum Wage 2005 and see all the information about this country in South Africa economy.