Living Wage Family in Italy decreased to 1440 EUR/Month in 2018 from 1460 EUR/Month in 2017.

Living Wage Family in Italy averaged 1395 EUR/Month from 2015 until 2018, reaching an all time high of 1460 EUR/Month in 2017 and a record low of 1320 EUR/Month in 2015. Italy Living Wage Family - values, historical data and charts - was last updated on July of 2020.

Living Wage Family in Italy is expected to reach 1411.00 EUR/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Living Wage Family is projected to trend around 1425.00 EUR/Month in 2021 and 1447.00 EUR/Month in 2022, according to our econometric models.

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Italy Living Wage Family

Actual Previous Highest Lowest Dates Unit Frequency
1440.00 1460.00 1460.00 1320.00 2015 - 2018 EUR/Month yearly

Italy Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.80 6.60 13.00 5.80 percent [+]
Employed Persons 22776.89 22860.86 23430.91 22099.40 Thousand [+]
Unemployed Persons 1933.05 1626.25 3347.99 1414.38 Thousand [+]
Part Time Employment 36117.00 37249.12 37249.12 19609.13 Hundreds Person [+]
Full Time Employment 142212.08 143719.68 148487.11 132977.43 Hundreds Person [+]
Employment Rate 57.60 57.90 59.20 55.30 percent [+]
Labor Force Participation Rate 62.70 62.10 66.00 61.60 percent [+]
Long Term Unemployment Rate 5.00 5.50 8.00 2.60 percent [+]
Youth Unemployment Rate 23.50 21.50 43.50 19.40 percent [+]
Labour Costs 109.90 111.50 111.90 44.50 points [+]
Productivity 104.90 104.60 108.50 24.50 points [+]
Wages 2467.00 2436.00 2467.00 1176.00 EUR/Month [+]
Wages in Manufacturing 103.00 102.90 113.70 2.20 points [+]
Wage Growth 0.60 0.60 15.80 0.30 percent [+]
Population 60.36 60.48 60.80 50.03 Million [+]
Retirement Age Women 67.00 67.00 67.00 59.00 [+]
Retirement Age Men 67.00 67.00 67.00 59.00 [+]
Employment Change -0.30 -0.10 1.30 -0.90 percent [+]


Italy 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.