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Argentina Wages: Minimum and Average

Argentina Wages Data

Indicator Data Period
Minimum Wages 132000 ARS/Month | 377.047 USD/Month Oct/23
Wages 456813 ARS/Month | 1304.847 USD/Month Jun/23
Wage Growth  10.8 % Jul/23
Wages High Skilled 20500 ARS/Month | 292.164 USD/Month 2018
Wages Low Skilled  10500 ARS/Month | 149.645 USD/Month 2018


Latest data on Minimum Wages (ARS/Month)

Minimum Wages
                     Argentina - Historical Data (ARS/Month)

What is minimum wage in Argentina?

  • Minimum Wages in Argentina increased to 132000 ARS/Month (377.047 USD/Month) in October 2023. The maximum rate of minimum wage for employees was 25920 ARS/Month and minimum was 0 ARS/Month.
  • Data published Monthly by Ministry of Economy and Production.

Historical Data (ARS/Month) by years

Data
Period
Date
132000 Oct/23 07.10.2023
118000 Sep/23 07.09.2023
112500 Aug/23 26.08.2023
87987 Jun/23 03.06.2023
84512 May/23 10.04.2023
80342 Apr/23 08.04.2023
69500 Mar/23 10.01.2023
65427 Jan/23 07.01.2023


Historical Chart by presidents (ARS/Month)

Minimum Wages in Argentina by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Mauricio Macri 10.12.2015 - 8860.0000 9500.0000 9500.0000 8860.0000 7.22%


Latest data on Wages (ARS/Month)

Wages
                     Argentina - Historical Data (ARS/Month)

What is average wage in Argentina?

  • Average Wages in Argentina increased to 456813 ARS/Month (1304.847 USD/Month) in June 2023. The maximum rate of average wage for employees was 102567 ARS/Month and minimum was 913 ARS/Month.
  • Data published Monthly by Minister of Labour, Employment and Social Services.

Historical Data (ARS/Month) by years

Data
Period
Date
456813 Jun/23 11.10.2023
274825 Mar/23 18.07.2023
317903 Dec/22 10.04.2023
203764 Nov/22 20.02.2023
188293 Oct/22 17.01.2023
210904 Jun/22 15.11.2022
136052 Mar/22 06.09.2022
161123 Dec/21 05.04.2022


Historical Chart by presidents (ARS/Month)

Wages in Argentina by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Mauricio Macri 10.12.2015 - 31225.0000 26163.0000 34251.0000 26163.0000 -16.21%


Latest data on Wage Growth  (%)

Wage Growth 
                     Argentina - Historical Data (%)

What is the growth rate of wages in Argentina?

  • Wage Growth in Argentina increased by 10.8 % in July 2023 over the same month in the previous year. The maximum growth was 8.54 % and minimum was -0.24 %
  • Data published Monthly by INDEC.

Historical Data (%) by years

Data
Period
Date
10.8 Jul/23 30.09.2023
5.7 Jun/23 12.08.2023
8.14 May/23 29.07.2023
6.86 Apr/23 03.07.2023
7.88 Mar/23 13.05.2023
6.9 Feb/23 29.04.2023
4.59 Jan/23 01.04.2023
4.54 Dec/22 11.02.2023


Historical Chart by YoY presidents (%)

Wage Growth  in Argentina by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Wages High Skilled (ARS/Month)

Wages High Skilled
                     Argentina - Historical Data (ARS/Month)

How much is average wage for high skilled employees in Argentina?

  • Average wages for high skilled employees in Argentina increased to 20500 ARS/Month (292.164 USD/Month). The maximum level was 20500 ARS/Month and minimum was 13300 ARS/Month.
  • Data published Yearly by Wageindicator Foundation.

Historical Data (ARS/Month) by years

Data
Period
Date
20500 2018 04.07.2019


Historical Chart by presidents (ARS/Month)

Wages High Skilled in Argentina by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Wages Low Skilled  (ARS/Month)

Wages Low Skilled 
                     Argentina - Historical Data (ARS/Month)

How much is average wage for low skilled employees in Argentina?

  • Average wages for low skilled employees in Argentina increased to 10500 ARS/Month (149.645 USD/Month). The maximum level was 10500 ARS/Month and minimum was 6250 ARS/Month.
  • Data published Yearly by Wageindicator Foundation.

Historical Data (ARS/Month) by years

Data
Period
Date
10500 2018 04.07.2019


Historical Chart by presidents (ARS/Month)

Wages Low Skilled  in Argentina by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other labor indicators in Argentina

Index Updated Actual Previous
Unemployment Rate 2Q/23 6.2 % 6.9
Labor Force Participation Rate 2Q/23 47.6 % 48.3
Living Wage Individual 2018 148.22 USD/Month 121.996

Wages in other countries

Country Updated Actual Previous
Panama 2021 1281.178 USD/Month 1251.127
Brazil Aug/23 583.299 USD/Month 581.319
Chile Jul/23 1127.866 USD/Month 1122.853
Argentina Jun/23 1304.847 USD/Month 865.597
Canada Jul/23 3492.535 USD/Month 3497.242
Ecuador 2023 525 USD/Month 525
Mexico Aug/23 630.058 USD/Month 632.413
Peru Aug/23 509.014 USD/Month 505.361
United States Sep/23 4649.6 USD/Month 4640
Uruguay 2020 934.779 USD/Month 876.975
Cuba 2021 148.738 USD/Month 46.369
Nicaragua Jun/23 324.932 USD/Month 324.111