Reference Value Report: Living Income Report and 2024 Update for Rural Mozambique
This report updates the Anker Living Income Reference Value for rural Mozambique to June 2024. The Living Income was estimated at MZN 9,121 (USD 142) in the original report for 2020 and updated to MZN 11,567 (USD 181) in 2023.2 The updated Anker Living Income for 2024 is MZN 11,919 (USD 188). This update takes into account the accumulated inflation from June 2023 to June 2024, 3.0%. Without accounting for inflation, the living income for 2023 would not be sufficient for families to have a basic but decent standard of living in 2024, because the purchasing power of the living income would have decreased.
2024 Reference Value Update Report: Living Income Report for Rural Mozambique
Abstract
This report updates the Anker Living Income Reference Value for rural Mozambique to June 2024. The Living Income was estimated at MZN 9,121 (USD 142) in the original report for 2020 and updated to MZN 11,567 (USD 181) in 2023.2 The updated Anker Living Income for 2024 is MZN 11,919 (USD 188). This update takes into account the accumulated inflation from June 2023 to June 2024, 3.0%. Without accounting for inflation, the living income for 2023 would not be sufficient for families to have a basic but decent standard of living in 2024, because the purchasing power of the living income would have decreased.
Download the full report for free by typing in your email below
Original Report
2020 Reference Value Report: Living Income Report for Rural Mozambique
Abstract
The Anker Living Income Reference Value for 2020 for rural Mozambique is MT 9,121 per month (USD 142) with a 95% confidence interval around it from Mt 7,889 to MT 10,546. This is the estimated monthly cost of a basic but decent standard of living for a typical family in rural Mozambique in 2020.
Download the full report for free by typing in your email below.
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
Reference Value Report: Living Wage Report and 2024 Update for Rural Mozambique
This report updates the Anker Living Wage Reference Value for rural Mozambique to June 2024. The Living Wage was estimated at MZN 7,684 (USD 120) in the original report for 2022,2 and was updated to MZN 8,093 (USD 127) in 2023. The updated Anker Living Wage for 2024 is MZN 8,354 (USD 128), compromised of a Net Living Wage of MZN 7,200 (USD 114) plus social security and income tax of MZN 1,154 (USD 18). This update takes into account the accumulated inflation from June 2023 to June 2024, 3.0%. Mandatory social security contributions and income tax are calculated based on current tax laws. Without accounting for inflation, the Living Wage for 2023 would not be sufficient for workers and their families to have a basic but decent standard of living in 2024, because the purchasing power of the living income would have decreased.
2024 Reference Value Update Report: Living Wage Report for Rural Mozambique
Abstract
This report updates the Anker Living Wage Reference Value for rural Mozambique to June 2024. The Living Wage was estimated at MZN 7,684 (USD 120) in the original report for 2022,2 and was updated to MZN 8,093 (USD 127) in 2023. The updated Anker Living Wage for 2024 is MZN 8,354 (USD 128), compromised of a Net Living Wage of MZN 7,200 (USD 114) plus social security and income tax of MZN 1,154 (USD 18). This update takes into account the accumulated inflation from June 2023 to June 2024, 3.0%. Mandatory social security contributions and income tax are calculated based on current tax laws.3 Without accounting for inflation, the Living Wage for 2023 would not be sufficient for workers and their families to have a basic but decent standard of living in 2024, because the purchasing power of the living income would have decreased.
Download the full report for free by typing in your email below
Original Report
2022 Reference Value Report: Living Wage Report for Rural Mozambique
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.
Download the full report for free by typing in your email below.
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