Nicaragua Wages - Forecast

Wages in Nicaragua is expected to be 11.30 NIO Thousands/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Nicaragua to stand at 12.00 in 12 months time. In the long-term, the Nicaragua Wages is projected to trend around 13.60 NIO Thousands/Month in 2020, according to our econometric models.


Nicaragua Wages
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Nicaragua Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 3.3 3.4 3.4 3.5 3.5 3.4
Wages 10.69 11.3 11.5 11.6 12 13.6
Population 6.39 6.37 6.39 6.41 6.43 6.74
Wages High Skilled 12800 12975 12975 12975 12975 13092
Wages Low Skilled 5510 5560 5560 5560 5560 5620
Living Wage Family 7810 7810 7810 7810 7900 7900
Living Wage Individual 4840 4840 4840 4840 4840 4840