Living Wage Family in Guatemala remained unchanged at 4850 GTQ/Month in 2018 from 4850 GTQ/Month in 2018.

Living Wage Family in Guatemala is expected to reach 3660.00 GTQ/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guatemala Living Wage Family is projected to trend around 3660.00 GTQ/Month in 2021, according to our econometric models.

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Guatemala Living Wage Family

Actual Previous Highest Lowest Dates Unit Frequency
4850.00 4850.00 4850.00 4850.00 2018 - 2018 GTQ/Month yearly

Guatemala Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.00 2.50 4.13 2.00 percent [+]
Population 17.69 17.31 17.69 4.16 Million [+]
Labor Force Participation Rate 59.10 59.30 68.20 59.10 percent [+]

Guatemala 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.