Cape Verde Wages: Minimum and Average
Cape Verde Wages Data
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 13000 CVE/Month | 125.09 USD/Month | 2023 |
Latest data on Minimum Wages (CVE/Month)
What is minimum wage in Cape Verde?
- Minimum Wages in Cape Verde remained unchanged at 13000 CVE/Month (125.09 USD/Month) in 2023. The maximum rate of minimum wage for employees was 15000 CVE/Month and minimum was 11000 CVE/Month.
- Data published Yearly by Cabinet Ministers.
Historical Data (CVE/Month) by years
Data
Period
Date
| 13000 | 2023 | 10.01.2023 |
| 13000 | 2022 | 10.05.2022 |
| 15000 | 2021 | 09.07.2021 |
| 13000 | 2020 | 23.01.2020 |
| 13000 | 2019 | 04.07.2019 |
Historical Chart by presidents (CVE/Month)
Minimum Wages in Cape Verde by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Other labor indicators in Cape Verde
| Index | Updated | Actual | Previous |
| Unemployment Rate | 2022 | 13.6 % | 13.9 |
| Labor Force Participation Rate | 2022 | 62.4 % | 53 |
Minimum Wages in other countries
| Country | Updated | Actual | Previous |
| Brazil | Oct/23 | 261.267 USD/Month | 261.267 |
| Chile | 2023 | 497.029 USD/Month | 475.419 |
| Paraguay | Sep/23 | 367.093 USD/Month | 367.093 |
| Argentina | Oct/23 | 377.047 USD/Month | 337.057 |
| Canada | 2023 | 1959.256 USD/Month | 1829.815 |
| Ecuador | 2023 | 450 USD/Month | 425 |
| Mexico | Aug/23 | 243.779 USD/Month | 243.779 |
| Peru | Aug/23 | 267.422 USD/Month | 267.422 |
| United States | 2022 | 1160 USD/Month | 1160 |
| Venezuela | Jan/23 | 13000000 USD/Month | 13000000 |
| Cape Verde | 2023 | 125.09 USD/Month | 125.09 |
