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. Finland Living Wage Family - values, historical data and charts - was last updated on August of 2020.

Living Wage Family in Finland is expected to reach 1727.00 EUR/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Finland Living Wage Family is projected to trend around 1770.00 EUR/Month in 2021 and 1823.00 EUR/Month in 2022, according to our econometric models.

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Finland Living Wage Family

Actual Previous Highest Lowest Dates Unit Frequency
1700.00 1780.00 1780.00 1650.00 2015 - 2018 EUR/Month yearly

Finland Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.90 10.60 19.90 0.70 percent [+]
Employed Persons 2586.00 2491.00 2688.00 1942.00 Thousand [+]
Unemployed Persons 223.00 295.00 512.00 15.00 Thousand [+]
Labor Force Participation Rate 67.90 67.40 73.80 62.00 percent [+]
Long Term Unemployment Rate 1.00 1.30 5.50 1.00 percent [+]
Youth Unemployment Rate 20.90 39.00 51.90 3.20 percent [+]
Labour Costs 102.12 99.40 102.12 28.40 points [+]
Job Vacancies 39834.00 47073.00 96096.00 2624.00 [+]
Wages 3548.00 3540.00 3548.00 2009.00 EUR/Month [+]
Wages in Manufacturing 103.90 104.40 104.40 40.60 points [+]
Population 5.53 5.52 5.53 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 [+]
Wage Growth 2.20 3.50 8.50 -2.30 percent [+]
Part Time Employment 389.20 395.20 402.40 225.90 Thousand [+]
Productivity 103.00 104.20 105.10 62.10 points [+]
Full Time Employment 2060.80 2077.90 2243.80 1868.00 Thousand [+]
Employment Change 0.10 0.50 1.80 -2.60 percent [+]
Employment Rate 73.70 70.40 79.60 56.80 percent [+]


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.