Living Wage Family in Germany increased to 1990 EUR/Month in 2017 from 1960 EUR/Month in 2016.

Living Wage Family in Germany averaged 1910 EUR/Month from 2014 until 2017, reaching an all time high of 1990 EUR/Month in 2017 and a record low of 1770 EUR/Month in 2014.

Living Wage Family in Germany is expected to be 2024.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Living Wage Family is projected to trend around 2099.00 EUR/Month in 2020, according to our econometric models.

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Germany Living Wage Family

Actual Previous Highest Lowest Dates Unit Frequency
1990.00 1960.00 1990.00 1770.00 2014 - 2017 EUR/Month yearly

Germany 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.

Germany Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.10 3.10 11.50 0.40 percent [+]
Employed Persons 45191.00 45153.00 45191.00 37643.00 Thousand [+]
Unemployed Persons 2227.16 2180.00 5288.25 84.97 Thousand [+]
Unemployment Change 8.00 -14.00 264.00 -96.00 Thousand [+]
Long Term Unemployment Rate 1.20 1.20 6.30 1.20 percent [+]
Youth Unemployment Rate 5.90 5.90 15.90 5.70 percent [+]
Labour Costs 108.96 108.22 116.69 78.67 points [+]
Productivity 97.30 97.10 105.70 17.00 points [+]
Job Vacancies 772.66 736.32 891.70 57.80 Thousand [+]
Wages 3997.00 3932.00 3997.00 1832.00 EUR/Month [+]
Wage Growth 1.90 1.30 6.00 -2.70 percent [+]
Wages in Manufacturing 101.00 100.90 165.00 7.70 points [+]
Minimum Wages 9.19 8.84 9.19 8.50 EUR/Hour [+]
Population 83.20 82.85 83.20 72.54 Million [+]
Retirement Age Women 65.67 65.58 65.67 65.00 [+]
Retirement Age Men 65.67 65.58 65.67 65.00 [+]
Labor Force Participation Rate 61.60 61.50 61.80 56.90 percent [+]
Wages Low Skilled 2050.00 2100.00 2100.00 1950.00 EUR/Month [+]
Wages High Skilled 3550.00 3550.00 3550.00 3400.00 EUR/Month [+]
Living Wage Family 1990.00 1960.00 1990.00 1770.00 EUR/Month [+]
Living Wage Individual 1240.00 1210.00 1240.00 1060.00 EUR/Month [+]
Part Time Employment 11230.10 11227.10 11230.10 6330.60 Thousand [+]
Employment Change 0.10 0.10 0.90 -0.90 percent [+]
Employment Rate 77.00 76.50 77.00 63.60 percent [+]
Full Time Employment 29916.60 29449.20 30031.60 26748.40 Thousand [+]