Update Report: Living Wage Reference Value Update 2023 for Rural Mozambique
This report updates the Anker Living Wage Reference Value for Mozambique to June 2023. This value was MZN 7,684 (USD 120) for 2022 in the original report, comprised of a net living wage (i.e. take-home pay) of MZN 6,541 (USD 102) per month plus MZN 1,143 (USD 18) which would need to be paid by law in social security contributions and income tax on the living wage. The updated values for June 2023 are: (i) Anker Gross Living Wage of MZN 8,093 (USD 127), comprised of a Net living Wage of MZN 6,987 (USD 109), plus social security contribution and income tax of MZN 1,107 (USD 17). Inflation in this period was 6.81% and it increased the net living wage. Without accounting for inflation, the living wage estimated in 2022 would not be sufficient for workers and their families to have a basic but decent standard of living in 2023, because the purchasing power of the living wage would have decreased. Social security contributions and income tax were calculated using the most up-to-date tax laws.
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Anker Reference Value Update Report 2023
This report updates the Anker Living Wage Reference Value for Mozambique to June 2023. This value was MZN 7,684 (USD 120) for 2022 in the original report2 , comprised of a net living wage (i.e. take-home pay) of MZN 6,541 (USD 102) per month plus MZN 1,143 (USD 18) which would need to be paid by law in social security contributions and income tax on the living wage. The updated values for June 2023 are: (i) Anker Gross Living Wage of MZN 8,093 (USD 127), comprised of a Net living Wage of MZN 6,987 (USD 109), plus social security contribution and income tax of MZN 1,107 (USD 17). Inflation in this period was 6.81% 3 and it increased the net living wage. Without accounting for inflation, the living wage estimated in 2022 would not be sufficient for workers and their families to have a basic but decent standard of living in 2023, because the purchasing power of the living wage would have decreased. Social security contributions and income tax were calculated using the most up-to-date tax laws.
This report is an update to the original Living Income Reference Value report written in 2020
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Reference Value Report: Living Wage Report 2022 for Rural Mozambique
This report provides an estimate for the Anker Living Wage Reference Value for rural Mozambique for 2022, as well as contextual background about the country’s geography, demographics, economy, poverty, labor market, and standards of living. The gross Anker Living Wage Reference Value is estimated as MZN 7,684 (120 USD). The report concludes by comparing the reference value to existing wages and highlighting gaps to a living wage.
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Abstract
This report provides an estimate for the Anker Living Wage Reference Value for rural Mozambique for 2022, as well as contextual background about the country’s geography, demographics, economy, poverty, labor market, and standards of living. The gross Anker Living Wage Reference Value is estimated as MZN 7,684 (120 USD). The report concludes by comparing the reference value to existing wages and highlighting gaps to a living wage.
SUPPORT US
Our work helps to transform lives. But we can’t do what we do without you.
We are a non-profit and philanthropic support is essential for us to continue our pioneering work. We ask kindly that if you do use our research in your work you show your appreciation by donating.
Find out how you can support us by clicking here
Download the full report for free by typing in your email below.