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The average salary in BiH's Federation entity covers 45.86% of the living expenses of a four-member family
The trade union consumer basket calculated by the Confederation of Independent Trade Unions for the month of March 2024 is 2,917.50 BAM, while the average salary paid in BiH’s Federation (FBiH) entity in January was 1,338.00 BAM.
The minimum wage according to the FBiH Government Decision is 619.00 BAM.
This means that the average salary in the entity covers 45.86% of the union consumer basket, while the minimum wage covers 21.22%.
The Trade Union Consumer Basket is calculated by determining the minimum living expenses of a four-member family consisting of two adults and two children, one of whom is in high school and the other in elementary school.
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