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.

Living Wage Family in Italy is expected to be 1460.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Living Wage Family is projected to trend around 1518.00 EUR/Month in 2020, 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 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.

Italy Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.70 9.70 13.10 5.80 percent [+]
Employed Persons 23486.34 23445.73 23486.34 22107.24 Thousand [+]
Unemployed Persons 2534.53 2522.27 3346.81 1409.55 Thousand [+]
Part Time Employment 36964.59 37211.83 37211.83 19609.13 Hundreds Person [+]
Full Time Employment 144862.02 144587.23 148487.11 132977.43 Hundreds Person [+]
Employment Rate 59.40 59.30 59.40 55.30 percent [+]
Labor Force Participation Rate 66.00 65.80 66.00 61.60 percent [+]
Long Term Unemployment Rate 5.20 5.60 8.00 2.60 percent [+]
Youth Unemployment Rate 28.60 28.20 43.50 19.40 percent [+]
Labour Costs 110.70 111.90 111.90 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 102.80 102.80 113.70 2.20 points [+]
Wage Growth 0.60 0.60 15.80 0.30 percent [+]
Population 60.48 60.59 60.80 50.03 Million [+]
Retirement Age Women 67.00 66.58 67.00 59.00 [+]
Retirement Age Men 67.00 66.58 67.00 59.00 [+]
Living Wage Family 1440.00 1460.00 1460.00 1320.00 EUR/Month [+]
Living Wage Individual 935.00 950.00 950.00 825.00 EUR/Month [+]
Employment Change 0.10 0.30 1.30 -0.90 percent [+]
Wages Low Skilled 1130.00 1330.00 1390.00 1130.00 EUR/Month [+]
Wages High Skilled 2340.00 2500.00 2650.00 2340.00 EUR/Month [+]