Living Wage Family in Argentina increased to 14400 ARS/Month in 2018 from 12200 ARS/Month in 2017. source: WageIndicator Foundation

Living Wage Family in Argentina averaged 12150 ARS/Month from 2015 until 2018, reaching an all time high of 14400 ARS/Month in 2018 and a record low of 10300 ARS/Month in 2015. Argentina Living Wage Family - values, historical data and charts - was last updated on January of 2021.

Living Wage Family in Argentina is expected to reach 14515.00 ARS/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Living Wage Family is projected to trend around 14718.00 ARS/Month in 2021 and 15032.00 ARS/Month in 2022, according to our econometric models.

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Argentina Living Wage Family

Actual Previous Highest Lowest Dates Unit Frequency
14400.00 12200.00 14400.00 10300.00 2015 - 2018 ARS/Month yearly

Argentina Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.70 13.10 20.80 5.90 percent [+]
Employed Persons 10658.00 9546.00 12240.00 8339.00 Thousand [+]
Unemployed Persons 1415.00 1437.00 3406.25 709.00 Thousand [+]
Employment Rate 37.40 33.40 43.40 33.40 percent [+]
Labor Force Participation Rate 42.30 38.40 47.70 38.40 percent [+]
Wages 61221.00 84967.00 84967.00 913.00 ARS/Month [+]
Minimum Wages 20587.50 20587.50 20587.50 0.00 ARS/Month [+]
Population 44.94 44.50 44.94 20.68 Million [+]
Wage Growth 5.30 2.17 8.54 -0.24 percent [+]

Argentina 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.