Living Wage Family in Austria decreased to 1560 EUR/Month in 2018 from 1680 EUR/Month in 2017. Living Wage Family in Austria averaged 1570 EUR/Month from 2015 until 2018, reaching an all time high of 1680 EUR/Month in 2017 and a record low of 1520 EUR/Month in 2016.

Living Wage Family in Austria is expected to be 1750.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Living Wage Family is projected to trend around 1800.00 EUR/Month in 2020, according to our econometric models.

Austria Living Wage Family
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Austria Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.60 7.30 10.90 0.80 percent [+]
Employed Persons 3766.90 3785.60 3827.90 2302.70 Thousand [+]
Unemployed Persons 307311.00 296236.00 424989.00 22344.00 [+]
Long Term Unemployment Rate 1.70 1.80 2.10 0.90 percent [+]
Youth Unemployment Rate 9.80 9.10 13.40 5.00 percent [+]
Labour Costs 113.00 118.70 118.70 83.50 Index Points [+]
Job Vacancies 67871.00 73725.00 79575.00 11240.00 [+]
Wages 2646.00 2598.50 2646.00 1866.40 EUR/Month [+]
Wages in Manufacturing 135.90 135.90 135.90 75.89 Index Points [+]
Population 8.82 8.77 8.82 7.03 Million [+]
Retirement Age Women 60.00 60.00 60.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Labor Force Participation Rate 61.20 60.80 62.10 57.30 percent [+]
Living Wage Family 1560.00 1680.00 1680.00 1520.00 EUR/Month [+]
Living Wage Individual 1010.00 1080.00 1080.00 975.00 EUR/Month [+]
Part Time Employment 1157.90 1184.60 1184.60 553.50 Thousand [+]
Productivity 105.70 105.80 109.50 77.00 Index Points [+]
Wages Low Skilled 1660.00 1780.00 1800.00 1660.00 EUR/Month [+]
Wages High Skilled 3590.00 4010.00 4010.00 3590.00 EUR/Month [+]
Employment Change 0.30 0.50 0.70 -0.50 percent [+]
Employment Rate 73.00 72.00 73.00 65.30 percent [+]
Full Time Employment 3082.10 2991.20 3093.00 2796.40 Thousand [+]


Austria 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. Austria Living Wage Family - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1560.00 1680.00 1680.00 1520.00 2015 - 2018 EUR/Month yearly




Country Last Previous
Argentina 14400.00 Dec/18
Australia 2790.00 Dec/18
Brazil 2360.00 Dec/18
Canada 2580.00 Dec/18
France 1790.00 Dec/18
Germany 1990.00 Dec/17
India 19400.00 Dec/18
Indonesia 2954800.00 Dec/18
Italy 1440.00 Dec/18
Mexico 7900.00 Dec/18
Netherlands 1560.00 Dec/18
Russia 23700.00 Dec/18
South Africa 11300.00 Dec/18
Spain 1150.00 Dec/18
Turkey 3190.00 Dec/18
United Kingdom 1300.00 Dec/18
United States 2380.00 Dec/18


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