Living Wage Family in Argentina increased to 14400 ARS/Month in 2018 from 12200 ARS/Month in 2017.

Living Wage Family in Argentina averaged 12150 ARS/Month from 2015 until 2018, reaching an all time high of 14400 ARS/Month in 2018 and a record low of 10300 ARS/Month in 2015. Argentina Living Wage Family - values, historical data and charts - was last updated on April of 2020.

Living Wage Family in Argentina is expected to reach 14688.00 ARS/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Living Wage Family is projected to trend around 14982.00 ARS/Month in 2021 and 15301.00 ARS/Month in 2022, according to our econometric models.

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Argentina Living Wage Family

Actual Previous Highest Lowest Dates Unit Frequency
14400.00 12200.00 14400.00 10300.00 2015 - 2018 ARS/Month yearly

Argentina Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.90 9.70 20.80 5.90 percent [+]
Employed Persons 12240.00 11934.00 16100.01 10560.47 Thousand [+]
Unemployed Persons 1196.00 1287.00 3406.25 709.00 Thousand [+]
Employment Rate 43.00 42.60 43.40 36.30 percent [+]
Labor Force Participation Rate 47.20 47.20 47.70 44.50 percent [+]
Wages 51162.00 51132.00 61341.00 913.00 ARS/Month [+]
Minimum Wages 16875.00 16875.00 16875.00 0.00 ARS/Month [+]
Population 44.94 44.50 44.94 20.68 Million [+]
Living Wage Family 14400.00 12200.00 14400.00 10300.00 ARS/Month [+]
Living Wage Individual 10400.00 8560.00 10400.00 6550.00 ARS/Month [+]
Wages High Skilled 20500.00 19500.00 20500.00 13300.00 ARS/Month [+]
Wages Low Skilled 10500.00 10200.00 10500.00 6250.00 ARS/Month [+]
Wage Growth 8.54 1.52 8.54 0.74 percent [+]


Argentina Living Wage Family
WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates.