Living Wage Individual in Argentina increased to 10400 ARS/Month in 2018 from 8560 ARS/Month in 2017.

Living Wage Individual in Argentina averaged 8340 ARS/Month from 2015 until 2018, reaching an all time high of 10400 ARS/Month in 2018 and a record low of 6550 ARS/Month in 2015. Argentina Living Wage Individual - values, historical data and charts - was last updated on July of 2020.

Living Wage Individual in Argentina is expected to reach 10608.00 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 Individual is projected to trend around 10820.00 ARS/Month in 2021 and 11051.00 ARS/Month in 2022, according to our econometric models.

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Argentina Living Wage Individual

Actual Previous Highest Lowest Dates Unit Frequency
10400.00 8560.00 10400.00 6550.00 2015 - 2018 ARS/Month yearly

Argentina Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.40 8.90 20.80 5.90 percent [+]
Employed Persons 12045.00 12240.00 12240.00 8339.00 Thousand [+]
Unemployed Persons 1394.00 1196.00 3406.25 709.00 Thousand [+]
Employment Rate 42.20 43.00 43.40 36.30 percent [+]
Labor Force Participation Rate 47.10 47.20 47.70 44.50 percent [+]
Wages 58427.00 75300.00 75300.00 913.00 ARS/Month [+]
Minimum Wages 16875.00 16875.00 16875.00 0.00 ARS/Month [+]
Population 44.94 44.50 44.94 20.68 Million [+]
Wage Growth -0.23 2.29 8.54 -0.23 percent [+]


Argentina Living Wage Individual
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.