Living Wage Individual in Nigeria increased to 43200 NGN/Month in 2018 from 41800 NGN/Month in 2015.

Living Wage Individual in Nigeria averaged 42500 NGN/Month from 2015 until 2018, reaching an all time high of 43200 NGN/Month in 2018 and a record low of 41800 NGN/Month in 2015. Nigeria Living Wage Individual - values, historical data and charts - was last updated on April of 2020.

Living Wage Individual in Nigeria is expected to reach 40100.00 NGN/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Living Wage Individual is projected to trend around 40100.00 NGN/Month in 2021, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Nigeria Living Wage Individual

Actual Previous Highest Lowest Dates Unit Frequency
43200.00 41800.00 43200.00 41800.00 2015 - 2018 NGN/Month yearly

Nigeria Labour Last Previous Highest Lowest Unit
Unemployment Rate 23.10 22.70 23.10 5.10 percent [+]
Population 200.00 195.87 200.00 45.14 Million [+]
Unemployed Persons 20927.60 20343.60 20927.60 4672.00 Thousand [+]
Wages High Skilled 57200.00 57200.00 57200.00 57200.00 NGN/Month [+]
Wages Low Skilled 25500.00 25500.00 25500.00 25500.00 NGN/Month [+]
Youth Unemployment Rate 36.50 38.00 38.00 11.70 percent [+]
Living Wage Family 137600.00 135300.00 137600.00 135300.00 NGN/Month [+]
Living Wage Individual 43200.00 41800.00 43200.00 41800.00 NGN/Month [+]
Minimum Wages 30000.00 30000.00 30000.00 18000.00 NGN/Month [+]
Employed Persons 69542.90 69165.60 70665.90 66951.00 Thousand [+]
Employment Rate 76.90 77.30 93.60 76.90 percent [+]


Nigeria 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.