Living Wage Family in Sri Lanka remained unchanged at 52100 LKR/Month in 2018 from 52100 LKR/Month in 2018. source: WageIndicator Foundation

Living Wage Family in Sri Lanka is expected to reach 42900.00 LKR/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Living Wage Family is projected to trend around 44500.00 LKR/Month in 2021, according to our econometric models.

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Sri Lanka Living Wage Family

Actual Previous Highest Lowest Dates Unit Frequency
52100.00 52100.00 52100.00 52100.00 2018 - 2018 LKR/Month yearly

Sri Lanka Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.20 5.80 16.60 3.70 percent [+]
Employed Persons 8031233.00 7967695.00 8554179.00 4962105.00 [+]
Unemployed Persons 441997.00 486524.00 953794.00 282648.00 [+]
Labor Force Participation Rate 50.90 50.10 54.70 46.90 percent [+]
Population 21.92 21.90 21.92 9.87 Million [+]
Youth Unemployment Rate 25.70 25.90 38.10 15.40 percent [+]
Minimum Wages 10000.00 10000.00 10000.00 10000.00 LKR/Month [+]
Employment Rate 94.60 94.30 96.30 91.00 percent [+]

Sri Lanka 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.