Living Wage Individual in El Salvador remained unchanged at 325 SVC/Month in 2018 from 325 SVC/Month in 2017. source: WageIndicator Foundation

Living Wage Individual in El Salvador averaged 315 SVC/Month from 2015 until 2018, reaching an all time high of 325 SVC/Month in 2017 and a record low of 290 SVC/Month in 2015. El Salvador Living Wage Individual - values, historical data and charts - was last updated on May of 2021.

Living Wage Individual in El Salvador is expected to reach 324.95 SVC/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the El Salvador Living Wage Individual is projected to trend around 325.42 SVC/Month in 2021 and 325.44 SVC/Month in 2022, according to our econometric models.

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El Salvador Living Wage Individual

Actual Previous Highest Lowest Dates Unit Frequency
325.00 325.00 325.00 290.00 2015 - 2018 SVC/Month yearly

El Salvador Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.30 6.40 7.97 5.88 percent [+]
Unemployed Persons 196747.00 190724.00 208694.00 146858.00 [+]
Labor Force Participation Rate 62.20 61.30 63.60 52.40 percent [+]
Population 6.45 6.42 6.45 2.20 Million [+]
Employed Persons 2908119.00 2814266.00 2908119.00 2173963.00 [+]
Employment Rate 46.31 45.24 46.31 40.40 percent [+]
Youth Unemployment Rate 13.40 13.60 15.00 8.90 percent [+]

El Salvador 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.