Living Wage Individual in Romania decreased to 1300 RON/Month in 2018 from 1330 RON/Month in 2017.

Living Wage Individual in Romania averaged 1290 RON/Month from 2015 until 2018, reaching an all time high of 1330 RON/Month in 2017 and a record low of 1250 RON/Month in 2015. Romania Living Wage Individual - values, historical data and charts - was last updated on July of 2020.

Living Wage Individual in Romania is expected to reach 1385.00 RON/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania Living Wage Individual is projected to trend around 1454.00 RON/Month in 2021 and 1505.00 RON/Month in 2022, according to our econometric models.

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Romania Living Wage Individual

Actual Previous Highest Lowest Dates Unit Frequency
1300.00 1330.00 1330.00 1250.00 2015 - 2018 RON/Month yearly

Romania Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.20 4.80 8.70 3.70 percent [+]
Employed Persons 4908.60 4976.30 8496.00 4095.20 Thousand [+]
Unemployed Persons 249.60 251.90 1291.30 65.30 Thousand [+]
Long Term Unemployment Rate 1.60 1.50 5.30 1.50 percent [+]
Youth Unemployment Rate 17.40 17.40 25.50 15.30 percent [+]
Labour Costs 165.40 113.80 165.40 2.10 points [+]
Job Vacancies 0.84 0.95 2.14 0.50 percent [+]
Wages 5188.00 5201.00 5465.00 1.02 RON/Month [+]
Wages in Manufacturing 4205.00 4175.00 4772.00 203.00 RON/Month [+]
Minimum Wages 446.02 446.02 446.02 24.53 EUR/Month [+]
Population 19.41 19.53 23.21 18.32 Million [+]
Retirement Age Women 60.92 60.67 60.92 57.92 [+]
Retirement Age Men 65.00 65.00 65.00 62.92 [+]
Labor Force Participation Rate 55.10 55.80 67.80 52.70 percent [+]
Part Time Employment 498.10 504.20 1458.10 495.80 Thousand [+]
Productivity 121.20 121.60 121.60 40.50 points [+]
Wage Growth 8.80 8.00 283.30 -1.90 percent [+]
Full Time Employment 7899.80 7978.20 8640.40 7228.10 Thousand [+]
Employment Change -0.10 0.60 3.60 -10.40 percent [+]
Employment Rate 65.40 66.00 69.10 55.40 percent [+]


Romania 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.