Living Wage Individual in Namibia was at 8360 NAD/Month in 2018. source: WageIndicator Foundation

Living Wage Individual in Namibia is expected to reach 8360.00 NAD/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Living Wage Individual is projected to trend around 8360.00 NAD/Month in 2021, according to our econometric models.

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Namibia Living Wage Individual

Actual Previous Highest Lowest Dates Unit Frequency
8360.00 8360.00 8360.00 8360.00 2018 - 2018 NAD/Month Yearly

Namibia Labour Last Previous Highest Lowest Unit
Unemployment Rate 33.40 34.00 37.60 19.50 percent [+]
Population 2.46 2.41 2.46 0.60 Million [+]
Labor Force Participation Rate 71.20 69.40 71.20 66.30 percent [+]
Employed Persons 725742.00 676885.00 725742.00 657584.00 Thousand [+]
Unemployed Persons 364411.00 349383.00 364411.00 248944.00 Thousand [+]
Youth Unemployment Rate 46.10 43.40 46.10 37.80 percent [+]

Namibia 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.