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Paraguay Wages: Minimum and Average

Paraguay Wages Data

Indicator Data Period
Minimum Wages 2680 PYG Thou/Month | 367.093 USD/Month Sep/23


Latest data on Minimum Wages (PYG Thou/Month)

Minimum Wages
                     Paraguay - Historical Data (PYG Thou/Month)

What is minimum wage in Paraguay?

  • Minimum Wages in Paraguay remained unchanged at 2680 PYG Thou/Month (367.093 USD/Month) in September 2023. The maximum rate of minimum wage for employees was 2193 PYG Thou/Month and minimum was 20.52 PYG Thou/Month.
  • Data published Monthly by Central Bank.

Historical Data (PYG Thou/Month) by years

Data
Period
Date
2680 Sep/23 07.10.2023
2680 Aug/23 09.09.2023
2680 Jul/23 05.08.2023
2550 Jun/23 14.07.2023
2550 May/23 03.06.2023
2550 Apr/23 06.05.2023
2550 Mar/23 08.04.2023
2550 Feb/23 04.03.2023


Historical Chart by presidents (PYG Thou/Month)

Minimum Wages in Paraguay by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Mario Benitez 28.05.2018 - 2041.1200 2041.0000 2041.1200 2041.0000 -0.01%
Horacio Cartes 15.08.2013 - 28.05.2018 1658.2300 2041.1200 2041.1200 1658.2300 23.09%
Federico Franco 22.06.2012 - 15.08.2013 1658.2300 1658.2300 1658.2300 1658.2300 0.00%
Fernando Lugo 15.08.2008 - 22.06.2012 1341.7700 1658.2300 1658.2300 1341.7700 23.59%
Nicanor Duarte 15.08.2003 - 15.08.2008 972.4100 1341.7700 1341.7700 972.4100 37.98%
Luis Gonzalez 28.03.1999 - 15.08.2003 591.4400 972.4100 972.4100 591.4400 64.41%
Raul Cubas 15.08.1998 - 28.03.1999 591.4400 591.4400 591.4400 591.4400 0.00%
Juan Carlos 15.08.1993 - 15.08.1998 300.0000 591.4400 591.4400 300.0000 97.15%
Andres Rodriguez 03.02.1989 - 15.08.1993 143.1600 300.0000 300.0000 143.1600 109.56%

Other labor indicators in Paraguay

Index Updated Actual Previous
Unemployment Rate 1Q/23 6.5 % 5.7
Living Wage Individual 2018 225.611 USD/Month 225.611
Wages High Skilled 2018 722.612 USD/Month 687.613
Wages Low Skilled  2018 398.303 USD/Month 394.896

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