Living Wage Individual in Guatemala was at 2500 GTQ/Month in 2018.

Living Wage Individual in Guatemala is expected to reach 2500.00 GTQ/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guatemala Living Wage Individual is projected to trend around 2500.00 GTQ/Month in 2021, according to our econometric models.

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Guatemala Living Wage Individual

Actual Previous Highest Lowest Dates Unit Frequency
2500.00 2500.00 2500.00 2500.00 2018 - 2018 GTQ/Month yearly

Guatemala Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.50 2.00 4.13 2.00 percent [+]
Population 17.69 17.31 17.69 4.16 Million [+]
Wages High Skilled 8230.00 7870.00 8230.00 7760.00 GTQ/Month [+]
Wages Low Skilled 3180.00 3670.00 3670.00 3080.00 GTQ/Month [+]
Labor Force Participation Rate 59.30 60.90 68.20 59.30 percent [+]
Living Wage Family 4850.00 4850.00 4850.00 4850.00 GTQ/Month [+]
Living Wage Individual 2500.00 2500.00 2500.00 2500.00 GTQ/Month [+]


Guatemala 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.