Living Wage Family in Belgium decreased to 1580 EUR/Month in 2018 from 1600 EUR/Month in 2017.

Living Wage Family in Belgium averaged 1555 EUR/Month from 2015 until 2018, reaching an all time high of 1600 EUR/Month in 2017 and a record low of 1520 EUR/Month in 2016. Belgium Living Wage Family - values, historical data and charts - was last updated on May of 2020.

Living Wage Family in Belgium is expected to reach 1602.00 EUR/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Living Wage Family is projected to trend around 1621.00 EUR/Month in 2021 and 1641.00 EUR/Month in 2022, according to our econometric models.

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Belgium Living Wage Family

Actual Previous Highest Lowest Dates Unit Frequency
1580.00 1600.00 1600.00 1520.00 2015 - 2018 EUR/Month yearly

Belgium Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.30 5.20 11.00 5.20 percent [+]
Employed Persons 4177.90 4153.40 4177.90 3010.70 Thousand [+]
Unemployed Persons 297977.00 305031.00 533460.00 281099.00 [+]
Labor Force Participation Rate 68.90 69.60 69.60 63.60 percent [+]
Long Term Unemployment Rate 2.20 2.20 5.70 2.20 percent [+]
Youth Unemployment Rate 14.50 14.50 26.10 12.70 percent [+]
Labour Costs 106.00 106.30 106.30 75.60 points [+]
Job Vacancies 139420.00 140948.00 149180.00 70256.00 [+]
Minimum Wages 1593.81 1593.81 1593.81 1074.44 EUR/Month [+]
Wage Growth 3.40 3.90 6.80 -6.50 percent [+]
Population 11.46 11.40 11.46 9.13 Million [+]
Retirement Age Women 65.00 65.00 65.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 60.00 [+]
Living Wage Family 1580.00 1600.00 1600.00 1520.00 EUR/Month [+]
Living Wage Individual 1090.00 1110.00 1110.00 1040.00 EUR/Month [+]
Full Time Employment 3578.50 3604.00 3606.20 2643.50 Thousand [+]
Part Time Employment 1201.20 1201.90 1201.90 602.20 Thousand [+]
Employment Change 0.34 0.30 1.80 -0.70 percent [+]
Employment Rate 65.30 65.80 65.80 55.70 percent [+]
Wages 3558.00 3489.00 3558.00 2238.00 EUR/Month [+]
Wages High Skilled 3050.00 3090.00 3110.00 2910.00 EUR/Month [+]
Wages In Manufacturing 129.20 97.90 129.20 72.50 points [+]
Wages Low Skilled 1890.00 1870.00 1950.00 1770.00 EUR/Month [+]


Belgium 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.