Living Wage Family in Italy decreased to 1440 EUR/Month in 2018 from 1460 EUR/Month in 2017. source: WageIndicator Foundation

Living Wage Family in Italy averaged 1395 EUR/Month from 2015 until 2018, reaching an all time high of 1460 EUR/Month in 2017 and a record low of 1320 EUR/Month in 2015. Italy Living Wage Family - values, historical data and charts - was last updated on December of 2020.

Living Wage Family in Italy is expected to reach 1411.00 EUR/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Living Wage Family is projected to trend around 1425.00 EUR/Month in 2021 and 1447.00 EUR/Month in 2022, according to our econometric models.

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Italy Living Wage Family

Actual Previous Highest Lowest Dates Unit Frequency
1440.00 1460.00 1460.00 1320.00 2015 - 2018 EUR/Month yearly

Italy Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.80 9.70 13.10 5.80 percent [+]
Employed Persons 22953.45 22947.49 23476.50 22098.26 Thousand [+]
Unemployed Persons 2439.38 2461.35 3349.68 1414.61 Thousand [+]
Part Time Employment 34551.33 36117.00 37249.12 19609.13 Hundreds Person [+]
Full Time Employment 141029.28 142212.08 148487.11 132977.43 Hundreds Person [+]
Employment Rate 58.20 58.10 59.30 55.30 percent [+]
Labor Force Participation Rate 64.50 64.50 66.00 61.60 percent [+]
Long Term Unemployment Rate 5.00 5.50 8.00 2.60 percent [+]
Youth Unemployment Rate 29.70 31.40 43.50 19.40 percent [+]
Labour Costs 120.80 114.60 120.80 44.50 points [+]
Productivity 104.90 104.60 108.50 24.50 points [+]
Wages 2502.00 2470.00 2502.00 1176.00 EUR/Month [+]
Wages in Manufacturing 103.60 103.50 113.70 2.20 points [+]
Wage Growth 0.60 0.50 15.80 0.30 percent [+]
Population 60.36 60.48 60.80 50.03 Million [+]
Retirement Age Women 67.00 67.00 67.00 59.00 [+]
Retirement Age Men 67.00 67.00 67.00 59.00 [+]
Employment Change -2.50 -0.50 1.30 -2.50 percent [+]


Italy 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.