Living Wage Family in Angola was 149400 AOA/Month in 2018.

Living Wage Family in Angola is expected to reach 155400.00 AOA/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Angola Living Wage Family is projected to trend around 169400.00 AOA/Month in 2021, according to our econometric models.

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Angola Living Wage Family

Actual Previous Highest Lowest Dates Unit Frequency
149400.00 149400.00 149400.00 149400.00 2018 - 2018 AOA/Month yearly

Angola Labour Last Previous Highest Lowest Unit
Unemployment Rate 32.00 31.80 35.00 19.90 percent [+]
Minimum Wages 21454.10 21454.10 21454.10 3757.00 AOA/Month [+]
Population 31.70 30.81 31.70 5.45 Million [+]
Unemployed Persons 4735.50 4627.16 4735.50 3675.82 Thousands [+]
Youth Unemployment Rate 57.80 56.50 57.80 52.40 Percent [+]
Labor Force Participation Rate 89.20 88.40 89.20 86.50 percent [+]
Employed Persons 10083.99 9924.68 10083.99 9073.32 Thousands [+]
Employment Rate 60.70 60.30 61.80 60.30 percent [+]

Angola 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.