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Paraguay Wages: Minimum and Average

Paraguay Wages Data

Indicator Data Period
Minimum Wages 2550 PYG Thou/Month | 355.593 USD/Month Feb/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 2550 PYG Thou/Month (355.593 USD/Month) in February 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
2550 Feb/23 04.03.2023
2550 Jan/23 04.02.2023
2550 Dec/22 31.12.2022
2550 Nov/22 03.12.2022
2550 Oct/22 05.11.2022
2550 Sep/22 08.10.2022
2550 Aug/22 10.09.2022
2550 Jul/22 06.08.2022


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 3Q/22 6.3 % 6.7
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 Feb/23 256.833 USD/Month 256.833
Chile 2023 517.415 USD/Month 504.796
Paraguay Feb/23 355.593 USD/Month 355.593
Argentina Mar/23 333.192 USD/Month 324.769
Canada 2023 1969.686 USD/Month 1839.556
Ecuador 2023 450 USD/Month 425
Mexico Feb/23 241.045 USD/Month 241.045
Peru Jan/23 272.955 USD/Month 272.955
United States 2022 1160 USD/Month 1160
Venezuela Mar/22 12600000 USD/Month 7000000
Cape Verde 2023 128.041 USD/Month 128.041