Living Wage Individual in Austria decreased to 1010 EUR/Month in 2018 from 1080 EUR/Month in 2017. source: WageIndicator Foundation

Living Wage Individual in Austria averaged 1011.25 EUR/Month from 2015 until 2018, reaching an all time high of 1080 EUR/Month in 2017 and a record low of 975 EUR/Month in 2015. Austria Living Wage Individual - values, historical data and charts - was last updated on May of 2021.

Living Wage Individual in Austria is expected to reach 1014.69 EUR/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Living Wage Individual is projected to trend around 1012.89 EUR/Month in 2021 and 1012.93 EUR/Month in 2022, according to our econometric models.

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Austria Living Wage Individual

Actual Previous Highest Lowest Dates Unit Frequency
1010.00 1080.00 1080.00 975.00 2015 - 2018 EUR/Month yearly

Austria Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.70 9.40 12.80 0.80 percent [+]
Employed Persons 3734.40 3664.00 3880.50 2302.70 Thousand [+]
Unemployed Persons 355382.00 381038.00 522253.00 22344.00 [+]
Long Term Unemployment Rate 1.40 1.10 2.10 0.90 percent [+]
Youth Unemployment Rate 9.50 9.60 13.40 5.00 percent [+]
Labour Costs 131.90 110.30 139.70 83.80 points [+]
Job Vacancies 74011.00 65444.00 84473.00 11240.00 [+]
Wages 2847.25 2768.40 2847.25 1866.40 EUR/Month [+]
Wages in Manufacturing 111.90 111.60 111.90 54.87 points [+]
Population 8.90 8.86 8.90 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 61.00 61.90 62.10 57.30 percent [+]
Productivity 105.80 102.20 105.80 75.50 points [+]
Part Time Employment 1168.60 1152.60 1184.60 553.50 Thousand [+]
Full Time Employment 3087.30 3131.10 3154.10 2796.40 Thousand [+]
Employment Change 0.00 2.90 2.90 -4.30 percent [+]
Employment Rate 72.80 73.50 74.20 65.30 percent [+]


Austria 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.