Mexico Wages: Minimum and Average
Mexico Wages Data
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 207 MXN/Day | 243.779 USD/Month | Aug/23 |
| Wages | 535 MXN/Day | 630.058 USD/Month | Aug/23 |
| Wages High Skilled | 17200 MXN/Month | 746.615 USD/Month | 2018 |
| Wages in Manufacturing | 3.9 USD/Hour | 624 USD/Month | Jul/23 |
| Wages Low Skilled | 5390 MXN/Month | 233.968 USD/Month | 2018 |
Latest data on Minimum Wages (MXN/Day)
What is minimum wage in Mexico?
- Minimum Wages in Mexico remained unchanged at 207 MXN/Day (243.779 USD/Month) in August 2023. The maximum rate of minimum wage for employees was 142 MXN/Day and minimum was 0.01 MXN/Day.
- Data published Monthly by Central Bank.
Historical Data (MXN/Day) by years
Data
Period
Date
| 207 | Aug/23 | 16.09.2023 |
| 207 | Jul/23 | 19.08.2023 |
| 207 | Jun/23 | 15.07.2023 |
| 207 | May/23 | 17.06.2023 |
| 207 | Apr/23 | 20.05.2023 |
| 207 | Mar/23 | 15.04.2023 |
| 207 | Feb/23 | 18.03.2023 |
| 207 | Jan/23 | 10.01.2023 |
Historical Chart by presidents (MXN/Day)
Minimum Wages in Mexico by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Enrique Peña | 01.12.2012 - 01.12.2018 | 60.7500 | 88.0000 | 88.3600 | 60.7500 | 44.86% |
| Felipe Calderón | 01.12.2006 - 01.12.2012 | 47.0500 | 60.5000 | 60.5000 | 47.0500 | 28.59% |
| Vicente Fox | 01.12.2000 - 01.12.2006 | 35.1200 | 47.0500 | 47.0500 | 35.1200 | 33.97% |
| Ernesto Zedillo | 01.12.1994 - 01.12.2000 | 13.9700 | 35.1200 | 35.1200 | 13.9700 | 151.40% |
| Carlos Salinas | 01.12.1988 - 01.12.1994 | 7.2500 | 13.9700 | 13.9700 | 7.2500 | 92.69% |
Latest data on Wages (MXN/Day)
What is average wage in Mexico?
- Average Wages in Mexico decreased to 535 MXN/Day (630.058 USD/Month) in August 2023. The maximum rate of average wage for employees was 433 MXN/Day and minimum was 129 MXN/Day.
- Data published Monthly by Secretariat of Labor and Social Welfare.
Historical Data (MXN/Day) by years
Data
Period
Date
| 535 | Aug/23 | 09.09.2023 |
| 537 | Jul/23 | 19.08.2023 |
| 534 | Jun/23 | 14.07.2023 |
| 535 | May/23 | 17.06.2023 |
| 527 | Apr/23 | 13.05.2023 |
| 523 | Feb/23 | 11.03.2023 |
| 519 | Jan/23 | 18.02.2023 |
| 487 | Dec/22 | 07.02.2023 |
Historical Chart by presidents (MXN/Day)
Wages in Mexico by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Enrique Peña | 01.12.2012 - 01.12.2018 | 270.9100 | 349.3700 | 349.3800 | 270.9100 | 28.96% |
| Felipe Calderón | 01.12.2006 - 01.12.2012 | 209.0900 | 270.1400 | 274.2300 | 209.0900 | 29.20% |
| Vicente Fox | 01.12.2000 - 01.12.2006 | 140.6100 | 207.7500 | 209.1600 | 140.6100 | 47.75% |
| Ernesto Zedillo | 01.12.1994 - 01.12.2000 | 130.4400 | 137.6400 | 137.6400 | 129.2800 | 5.52% |
Latest data on Wages High Skilled (MXN/Month)
How much is average wage for high skilled employees in Mexico?
- Average wages for high skilled employees in Mexico increased to 17200 MXN/Month (746.615 USD/Month). The maximum level was 17200 MXN/Month and minimum was 13700 MXN/Month.
- Data published Yearly by Wageindicator Foundation.
Historical Data (MXN/Month) by years
Data
Period
Date
| 17200 | 2018 | 04.07.2019 |
Historical Chart by presidents (MXN/Month)
Wages High Skilled in Mexico by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Latest data on Wages in Manufacturing (USD/Hour)
How much is average wage in manufacturing in Mexico?
- Average wages in manufacturing sector in Mexico remained unchanged at 3.9 USD/Hour (624 USD/Month). The maximum level was 3.8 USD/Hour and minimum was 2 USD/Hour.
- Data published Monthly by National Institute of Statistics and Geography.
Historical Data (USD/Hour) by years
Data
Period
Date
| 3.9 | Jul/23 | 16.09.2023 |
| 3.9 | Jun/23 | 19.08.2023 |
| 3.8 | May/23 | 15.07.2023 |
| 3.8 | Apr/23 | 17.06.2023 |
| 3.8 | Mar/23 | 13.05.2023 |
| 3.7 | Feb/23 | 15.04.2023 |
| 3.5 | Jan/23 | 18.03.2023 |
| 4.4 | Dec/22 | 18.02.2023 |
Historical Chart by presidents (USD/Hour)
Wages in Manufacturing in Mexico by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Latest data on Wages Low Skilled (MXN/Month)
How much is average wage for low skilled employees in Mexico?
- Average wages for low skilled employees in Mexico increased to 5390 MXN/Month (233.968 USD/Month). The maximum level was 5390 MXN/Month and minimum was 4870 MXN/Month.
- Data published Yearly by Wageindicator Foundation.
Historical Data (MXN/Month) by years
Data
Period
Date
| 5390 | 2018 | 04.07.2019 |
Historical Chart by presidents (MXN/Month)
Wages Low Skilled in Mexico by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Other labor indicators in Mexico
| Index | Updated | Actual | Previous |
| Retirement Age Men | 2022 | 65 | 65 |
| Unemployment Rate | Aug/23 | 3 % | 3.1 |
| Labor Force Participation Rate | Aug/23 | 60.53 % | 60.87 |
| Living Wage Individual | 2018 | 187.522 USD/Month | 179.274 |
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 |
