Living Wage Individual in Belgium decreased to 1090 EUR/Month in 2018 from 1110 EUR/Month in 2017. source: WageIndicator Foundation

Living Wage Individual in Belgium averaged 1070 EUR/Month from 2015 until 2018, reaching an all time high of 1110 EUR/Month in 2017 and a record low of 1040 EUR/Month in 2016. Belgium Living Wage Individual - values, historical data and charts - was last updated on November of 2020.

Living Wage Individual in Belgium is expected to reach 1105.00 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 Individual is projected to trend around 1119.00 EUR/Month in 2021 and 1132.00 EUR/Month in 2022, according to our econometric models.

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Belgium Living Wage Individual

Actual Previous Highest Lowest Dates Unit Frequency
1090.00 1110.00 1110.00 1040.00 2015 - 2018 EUR/Month yearly

Belgium Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.20 5.10 11.00 5.00 percent [+]
Employed Persons 4122.40 4172.20 4177.90 3010.70 Thousand [+]
Unemployed Persons 308807.00 333852.00 533460.00 281099.00 [+]
Labor Force Participation Rate 68.60 68.90 69.60 63.60 percent [+]
Long Term Unemployment Rate 2.00 2.30 5.70 2.00 percent [+]
Youth Unemployment Rate 18.30 18.30 26.10 11.90 percent [+]
Labour Costs 111.70 107.80 111.70 75.60 points [+]
Job Vacancies 124404.00 129170.00 149180.00 70256.00 [+]
Minimum Wages 1625.72 1593.81 1625.72 1074.44 EUR/Month [+]
Wage Growth 0.40 3.40 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 [+]
Full Time Employment 3576.30 3562.40 3606.20 2643.50 Thousand [+]
Part Time Employment 1126.80 1203.30 1203.30 602.20 Thousand [+]
Wages 3558.00 3489.00 3558.00 2238.00 EUR/Month [+]
Wages In Manufacturing 102.90 129.20 129.20 72.50 points [+]
Employment Change -0.93 -0.24 1.80 -0.93 percent [+]
Employment Rate 64.20 65.10 65.80 55.70 percent [+]


Belgium 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.