Living Wage Family in Myanmar remained unchanged at 405700 MMK/Month in 2018 from 405700 MMK/Month in 2018. source: WageIndicator Foundation

Living Wage Family in Myanmar is expected to reach 405700.00 MMK/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Myanmar Living Wage Family is projected to trend around 405700.00 MMK/Month in 2021, according to our econometric models.

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Myanmar Living Wage Family

Actual Previous Highest Lowest Dates Unit Frequency
405700.00 405700.00 405700.00 405700.00 2018 - 2018 MMK/Month Yearly

Myanmar Labour Last Previous Highest Lowest Unit
Unemployment Rate 1.60 1.00 4.17 0.80 percent [+]
Minimum Wages 4800.00 4800.00 4800.00 3600.00 MMK/day [+]
Population 54.10 53.71 54.10 20.99 Million [+]

Myanmar 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.