Living Wage Family in Finland decreased to 1700 EUR/Month in 2018 from 1780 EUR/Month in 2017. Living Wage Family in Finland averaged 1707.50 EUR/Month from 2015 until 2018, reaching an all time high of 1780 EUR/Month in 2017 and a record low of 1650 EUR/Month in 2015.

Living Wage Family in Finland is expected to be 1740.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Finland Living Wage Family is projected to trend around 1710.81 EUR/Month in 2020, according to our econometric models.

Finland Living Wage Family
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Finland Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.30 6.30 19.90 0.70 percent [+]
Employed Persons 2535.00 2533.00 2688.00 1942.00 Thousand [+]
Unemployed Persons 171.00 170.00 512.00 15.00 Thousand [+]
Labor Force Participation Rate 65.60 65.50 73.80 62.00 percent [+]
Long Term Unemployment Rate 1.60 2.00 5.50 1.10 percent [+]
Youth Unemployment Rate 14.70 17.50 35.70 8.30 percent [+]
Labour Costs 109.24 108.88 111.98 28.40 Index Points [+]
Job Vacancies 46446.00 49275.00 77558.00 2624.00 [+]
Wages 3456.00 3424.00 3456.00 2009.00 EUR/Month [+]
Wages in Manufacturing 102.00 101.90 102.00 40.60 Index Points [+]
Population 5.51 5.50 5.51 4.41 Million [+]
Retirement Age Women 63.00 63.00 63.00 63.00 [+]
Retirement Age Men 63.00 63.00 63.00 63.00 [+]
Part Time Employment 367.30 381.10 381.10 225.90 Thousand [+]
Wages Low Skilled 1980.00 2000.00 2000.00 1580.00 EUR/Month [+]
Wages High Skilled 4250.00 4230.00 4250.00 3650.00 EUR/Month [+]
Productivity 107.50 102.80 109.00 59.30 Index Points [+]
Living Wage Family 1700.00 1780.00 1780.00 1650.00 EUR/Month [+]
Living Wage Individual 1160.00 1190.00 1190.00 1100.00 EUR/Month [+]
Employment Change 0.60 0.80 1.70 -2.70 percent [+]
Employment Rate 71.50 71.40 79.60 56.80 percent [+]
Full Time Employment 2127.50 2018.40 2243.80 1868.00 Thousand [+]


Finland 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. Finland 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
1700.00 1780.00 1780.00 1650.00 2015 - 2018 EUR/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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