In 2021, average wage in state-owned units for Guangdong was 160,329 yuan. Between 2007 and 2021, average wage in state-owned units of Guangdong grew substantially from 36,053 to 160,329 yuan rising at an increasing annual rate that reached a maximum of 20.48% in 2019 and then decreased to 7.04% in 2021.
The description is composed by our digital data assistant.Average Wage refers to the average per capita wage in money terms during a certain period of time for employed persons. It shows the general level of wage income of staff and worker during a certain period of time, one major indicator to reflect the wage level. It is calculated as follows: average wage = total wage bill of employed persons at reference time / averaged number of persons employed at reference time. This indicator includes average wage of employed persons only in urban units.
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