Living Wage Family in Belarus increased to 515 BYN/Month in 2018 from 500 BYN/Month in 2017. source: WageIndicator Foundation

Living Wage Family in Belarus averaged 507.50 BYN/Month from 2017 until 2018, reaching an all time high of 515 BYN/Month in 2018 and a record low of 500 BYN/Month in 2017. Belarus Living Wage Family - values, historical data and charts - was last updated on June of 2021.

Living Wage Family in Belarus is expected to reach 585.56 BYN/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belarus Living Wage Family is projected to trend around 663.84 BYN/Month in 2021 and 752.40 BYN/Month in 2022, according to our econometric models.

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Belarus Living Wage Family

Actual Previous Highest Lowest Dates Unit Frequency
515.00 500.00 515.00 500.00 2017 - 2018 BYN/Month yearly

Belarus Labour Last Previous Highest Lowest Unit
Unemployment Rate 0.20 0.20 4.00 0.20 percent [+]
Unemployed Persons 7.20 8.80 182.50 7.20 Thousand [+]
Employed Persons 4289.30 4298.10 4690.40 4289.30 Thousand [+]
Wages 1398.20 1384.70 1474.60 0.00 BYN/Month [+]
Wage Growth 17.10 14.10 115.90 5.72 percent [+]
Minimum Wages 400.00 375.00 400.00 0.20 BYN/Month [+]
Population 9.35 9.41 10.24 8.20 Million [+]
Retirement Age Women 57.50 57.00 57.50 55.00 [+]
Retirement Age Men 62.50 62.00 62.50 60.00 [+]

Belarus 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.