Living Wage Family in Romania decreased to 2160 RON/Month in 2018 from 2200 RON/Month in 2017. Living Wage Family in Romania averaged 2150 RON/Month from 2015 until 2018, reaching an all time high of 2200 RON/Month in 2017 and a record low of 2100 RON/Month in 2015.

Living Wage Family in Romania is expected to be 2333.00 RON/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania Living Wage Family is projected to trend around 2464.00 RON/Month in 2020, according to our econometric models.


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Romania Living Wage Family

Actual Previous Highest Lowest Dates Unit Frequency
2160.00 2200.00 2200.00 2100.00 2015 - 2018 RON/Month yearly


Romania 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.

Romania Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.00 4.00 8.70 3.80 percent [+]
Employed Persons 4989.10 4984.30 8496.00 4095.20 Thousand [+]
Unemployed Persons 259.40 258.70 1291.30 65.30 Thousand [+]
Long Term Unemployment Rate 1.50 1.50 5.30 1.50 percent [+]
Youth Unemployment Rate 17.50 17.50 25.50 15.30 percent [+]
Labour Costs 116.10 147.50 161.30 2.30 points [+]
Job Vacancies 1.11 1.11 2.14 0.50 percent [+]
Wages 5196.00 5090.00 5196.00 1.02 RON/Month [+]
Wages in Manufacturing 4568.00 4376.00 4568.00 203.00 RON/Month [+]
Minimum Wages 446.02 446.02 446.02 24.53 EUR/Month [+]
Population 19.52 19.64 23.21 18.32 Million [+]
Retirement Age Women 60.92 60.67 60.92 57.92 [+]
Retirement Age Men 65.00 65.00 65.00 62.92 [+]
Labor Force Participation Rate 55.80 53.90 67.80 52.70 percent [+]
Living Wage Family 2160.00 2200.00 2200.00 2100.00 RON/Month [+]
Living Wage Individual 1300.00 1330.00 1330.00 1250.00 RON/Month [+]
Productivity 161.20 128.30 172.40 47.30 points [+]
Part Time Employment 504.20 556.10 1458.10 495.80 Thousand [+]
Wage Growth 11.60 12.30 283.30 -1.90 percent [+]
Wages Low Skilled 1430.00 1240.00 1430.00 1060.00 RON/Month [+]
Wages High Skilled 2880.00 2290.00 2880.00 1860.00 RON/Month [+]
Employment Change -0.90 0.80 4.00 -10.40 percent [+]
Employment Rate 66.70 66.40 69.10 55.40 percent [+]
Full Time Employment 7978.20 7965.70 8640.40 7228.10 Thousand [+]