Living Wage Family in Sri Lanka remained unchanged at 52100 LKR/Month in 2018 from 52100 LKR/Month in 2018.

Living Wage Family in Sri Lanka is expected to be 52100.00 LKR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Living Wage Family is projected to trend around 42900.00 LKR/Month in 2020, according to our econometric models.


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Sri Lanka Living Wage Family

Actual Previous Highest Lowest Dates Unit Frequency
52100.00 52100.00 52100.00 52100.00 2018 - 2018 LKR/Month yearly

Sri Lanka 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.

Sri Lanka Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.10 4.90 16.60 3.70 percent [+]
Employed Persons 8155341.00 8203018.00 8554179.00 4962105.00 [+]
Unemployed Persons 420231.00 399784.00 953794.00 282648.00 [+]
Labor Force Participation Rate 52.20 52.60 54.70 46.90 percent [+]
Population 21.67 21.44 21.67 9.87 Million [+]
Wages High Skilled 57500.00 60800.00 60800.00 52900.00 LKR/Month [+]
Wages Low Skilled 21500.00 23500.00 23500.00 21500.00 LKR/Month [+]
Youth Unemployment Rate 20.00 21.60 38.10 15.40 percent [+]
Employment Rate 95.10 95.30 96.30 91.00 percent [+]
Living Wage Family 52100.00 52100.00 52100.00 52100.00 LKR/Month [+]
Living Wage Individual 29100.00 29100.00 29100.00 29100.00 LKR/Month [+]
Minimum Wages 10000.00 10000.00 10000.00 10000.00 LKR/Month [+]