Living Wage Family in Nigeria increased to 137600 NGN/Month in 2018 from 135300 NGN/Month in 2015. Living Wage Family in Nigeria averaged 136450 NGN/Month from 2015 until 2018, reaching an all time high of 137600 NGN/Month in 2018 and a record low of 135300 NGN/Month in 2015.

Living Wage Family in Nigeria is expected to be 138700.00 NGN/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Living Wage Family is projected to trend around 139900.00 NGN/Month in 2020, according to our econometric models.

Nigeria Living Wage Family
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Nigeria Labour Last Previous Highest Lowest Unit
Unemployment Rate 18.80 16.20 19.70 5.10 percent [+]
Population 190.89 185.99 190.89 45.14 Million [+]
Living Wage Family 137600.00 135300.00 137600.00 135300.00 NGN/Month [+]
Living Wage Individual 43200.00 41800.00 43200.00 41800.00 NGN/Month [+]
Employed Persons 69090.00 70354.90 70665.90 66951.00 Thousand [+]
Employment Change 187226.00 155444.00 499521.00 79465.00 Jobs [+]
Employment Rate 81.20 83.80 93.60 81.20 percent [+]
Unemployed Persons 15998.00 13585.20 15998.00 4672.00 Thousand [+]
Wages High Skilled 57200.00 57200.00 57200.00 57200.00 NGN/Month [+]
Wages Low Skilled 25500.00 25500.00 25500.00 25500.00 NGN/Month [+]
Youth Unemployment Rate 33.10 29.50 33.10 11.70 percent [+]


Nigeria 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. Nigeria Living Wage Family - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
137600.00 135300.00 137600.00 135300.00 2015 - 2018 NGN/Month yearly




Country Last Previous
Argentina 14400.00 Dec/18
Australia 2790.00 Dec/18
Brazil 2360.00 Dec/18
Canada 2580.00 Dec/18
France 1790.00 Dec/18
Germany 1990.00 Dec/17
India 19400.00 Dec/18
Indonesia 2954800.00 Dec/18
Italy 1440.00 Dec/18
Mexico 7900.00 Dec/18
Netherlands 1560.00 Dec/18
Russia 23700.00 Dec/18
South Africa 11300.00 Dec/18
Spain 1150.00 Dec/18
Turkey 3190.00 Dec/18
United Kingdom 1300.00 Dec/18
United States 2380.00 Dec/18


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