Reference Value Report: Living Wage Report and 2025 Update for Urban Guatemala
This report updates the Anker Living Wage Reference Value for urban Guatemala to 2025. In the original report, the value was comprised of a Net Living Wage, plus a social security contribution. The updated Anker Gross Living Wage is comprised of a Net Living Wage, plus mandatory pay deductions which would need to be paid by law as a contribution to the state health fund (4.83%) and income tax (5%). Cumulative inflation between June 2022 and June 2025 was 7.6%. Without adjusting for inflation, the original Living Wage would not be sufficient for families to have a basic but decent standard of living today, because the purchasing power of the Living Wage would have decreased. Mandatory deductions were calculated using the most up-to-date tax laws.