Reference Value Report: Living Wage Report and 2025 Update for Urban Guatemala

2025 Reference Value Update Report: Living Wage Report for Urban Guatemala

Abstract

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.

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Original Report

2022 Reference Value Report: Living Wage Report for Urban Guatemala

Abstract

This report provides an estimate for the Anker Living Wage Reference Value for urban Guatemala for 2022, as well as contextual background about the country's geography, demographics, economy, poverty, labor market, and standards of living. The report concludes by comparing the Reference Value to existing wages and highlighting gaps to a living wage.

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