Minimum wage argentina in usd. Jun 18, 2025 · What is the minimum wage vs.

Minimum wage argentina in usd. For more information on changes, please refer to the minimum wage pages: Jan 20, 2023 · Colombia has a wage floor of 1,160,000 Colombian pesos, equivalent to about $242, while in Argentina, converting the minimum wage of 65,427 Argentinian pesos into U. Jun 23, 2025 · Of the G20 countries, Argentina saw the largest increase of the net minimum wage from January 2023 to January 2024, with wages increasing by almost *** percent. Aug 6, 2024 · Argentina’s minimum wage is ARS 128,000 per month, approximately USD $250. 5-52 hours/week, depending upon country. The amounts are in Peso. Governments across the region are revising wages to protect workers’ purchasing power. $258). Around 48% of the country’s labor force work in the informal sector; these workers slip through multiple safety nets such as minimum wage, social security and health care. 37 percent Minimum Wages in Argentina increased to 322000 ARS/Month in August from 317800 ARS/Month in July of 2025. 00 to ARS51,200. As of October 1, 2024, Argentina has revised its national minimum wage. Minimum Wage: Argentina's minimum wage is approximately $400 USD per month, established by government regulation to ensure basic living standards for workers. As of 2024, the minimum wage is set at ARS 262,432. By contrast, Honduras has a much weaker economy but almost double the value of minimum wages at L11,972 (USD$470). The minimum wage in Argentina is on par with neighboring Brazil and Paraguay, where workers earn $255 and $305 per month, respectively, in 2025. This page provides values for Minimum Wages reported in several countries. S, from state to state. This article highlights the latest data, trends, and projections for 2025. Effective January 1, 2025, Argentina has revised its national minimum wage to ARS 286,711. May 28, 2025 · The minimum wage for domestic workers (all categories) has been revised in Argentina with effect from 01 August 2024. Before that, the minimum wage was 268,056 (approx. Oct 12, 2015 · Minimum Wages in Argentina increased to 132000 ARS/Month (377. 744, the minimum wage applies universally to all employees over 18 years of age. The rate is effective from 1 March 2025. com. Apr 6, 2023 · Hiring and running international payroll for employees in Argentina? Here’s everything you need to stay compliant with labor laws in Argentina. 70 USD in August. The minimum wage is reviewed and adjusted periodically by the government. In Argentina, the minimum wage recently increased to 272,000 ARS (the Argentina minimum wage in USD is $261) per year. City Council raised the minimum wage for tourism workers ahead of the Olympics, kicking off a huge political fight. 11). Since October 2021, the national minimum wage in Argentina remained fixed at €280. 00 per month. The expectation is for the minimum wage to rise according to the 160,9% inflation the country currently faces. The Minimum Wage tool is powered by WageIndicator’s data. May 1, 2024 · The minimum wages have been revised in Argentina with effect from 01 May 2024. Wages for formal employees are in general much higher than the minimum wage. Apr 10, 2024 · In Argentina, the minimum wage is currently set at ARS 29,160 per month. 00 per month in 2025. Argentina's minimum wage rate is 8,060 Argentine pesos a month,for a maximum of 192 hours worked per month,for all workers. All monetary values have been converted to nominal USD to ease comparison. Nov 1, 2024 · Discover 2024 minimum wage by country across Latin America. 5 in 2002. May 26, 2023 · Prepare your business for global compliance with this complete guide to the minimum wage by country, ranking every country from highest to lowest. The revised national minimum wage is set at ARS234,315. May 9, 2025 · The government unilaterally raised the minimum wage via a decree published on Friday in the Official Gazette. Anker Living Wage Reference Value for non-metropolitan urban Argentina in 2020 The Anker Living Wage Reference Value for 2020 for non-metropolitan urban areas of Argentina is ARS 38,741 (USD 515)2 per month with a 95% confidence around it from ARS 36,203 to ARS 47,482. The minimum wage is fixed for 8 hours per day or 48 hours a week. For more information on changes, please refer to the minimum wage pages: https://elsalario. 2 hours of work would be equivalent to $59. S. Tech and finance professionals typically earn significantly more than those in agriculture or manufacturing. 00 to ARS296,832. The national minimum wage is set as ARS286,711. 00 ARS per month. The increase, set at 302,600 pesos, was announced in the official bulletin after negotiations between workers and employers failed. 33 times less expensive than the world's average. 45. ‍ Argentina Argentina's minimum wage for 2024 is set to increase by 35%, aiming to keep up with inflation and improve Aug 8, 2025 · Salary Range, Minimum Wage, and Starting Salary Salaries in Argentina range from 11,400 ARS (starting salary) to 202,000 ARS (maximum average salary, actual maximum is higher). Aug 23, 2024 · Explore the average salary in Argentina for 2024, with insights on industry-specific wages, regional differences, and salary comparisons in USD. Mar 31, 2023 · Argentina’s labor market suffers from high levels of informal employment. The National Council for Employment determines the adjustment based on employment, productivity, and the cost of living. 5% in Sep 21, 2024 · Minimum Working Conditions Employees are entitled to a minimum wage that is adjusted from time to time. ) and other independent countries. At the current exchange rate, 1 Argentine peso corresponds to 0. In some countries, rates are based upon hours computed monthly rather than weekly. Unlike Argentina, there are no present currency exchange restrictions in Venezuela, and labour law does not prevent employers from setting The average salary in Argentina is 45,200 Argentine Peso (ARS) or 199 US Dollars per month (as per the exchange rate in May 2023). 3% in 2022. 00 to ARS180,000. The chart below reflects the average (mean) wage as reported by various data providers. org/salary/minimum-wage/argentina Jan 17, 2023 · At the bottom of the table are Venezuela, with a minimum wage measured in dollars of US$ 189, and Argentina, with a minimum wage floor of US$ 189. Dec 31, 2024 · Colombia, Peru, Guatemala, Argentina, Chile, Uruguay and Mexico recently announced their adjustments to the minimum wage between 6% to 12%. This significant regulation aims to establish a Jan 8, 2025 · Latin America’s minimum wage landscape continues to evolve as countries respond to inflation, currency devaluation, and economic recovery. What is the average salary in Argentina? Check out the official data about average salary, minimum wages, gender pay gap, and more. 60 USD as of April, impacting workers' earnings. We also provide official links to government resources. As we look ahead to 2024, it's essential to understand the landscape of minimum wages across Latin America. The national minimum wage has been increased from ARS292,446. According to the Argentine Ministry of Labour, the official minimum wage in Argentina in 2025 is 296,832 pesos per month, which at current exchange rates equals $275. Feb 1, 2024 · The minimum wages have been revised in Argentina with effect from 01 February 2024. Feb 21, 2024 · Argentina's government on Wednesday hiked the monthly minimum wage some 15% to 180,000 pesos ($215) for February, raising it to 202,800 pesos in March, it said in the official gazette, a move to Apr 22, 2025 · According to the minimum salary established by law as of January 2025, workers in the Central American country enjoy a basic monthly wage of over 726 U. The average salary in Mexico Feb 22, 2024 · Argentina announced a 30% increase in the monthly minimum wage across two consecutive months to tackle the 250% annual inflation rate. The current value of the Minimum Wages in Argentina is 180,000 ARS/Month. For example, Argentina’s rate is based upon a monthly wage for “up to 200” hours of work. The first Mar 13, 2025 · September 1, 2021 The national minimum wage increased to 29,160. 93 to ARS268,056. The national minimum wage has been increased from ARS286,711. Under National Employment Act No. Yeah its just interesting because even 1k USD monthly is probably around average or above average for basically any city in Brazil. This variation is due to annual incremental increases by governments upon determining the lowest livable wage, while others stay fixed. 83), the resolution (Spanish) said, up from the 156,000 Argentine pesos in effect for December 2023 and January 2024. The current minimum wage in Argentina stands at 156000 ARS/Month (189 USD/Month), and its last rise was announced in December 2023. 93 per month, with effect from 01 August 2024. Listed wages reflect the most recent minimum wage legislation whenever possible. This is the living wage required by workers in typical non-metropolitan urban areas of Argentina to be able to afford a Download scientific diagram | Minimum wages in Argentina in US dollars, 1935-1937 from publication: A GLIMPSE TO THE WORKING CONDITIONS IN THE TWENTIES AND THIRTIES IN ECUADOR KAIRÓS, REVISTA DE May 12, 2025 · *Argentina’s government led by President Javier Milei has announced that the monthly minimum wage would rise to Ar$302,600 (US$268) and hourly minimum wage to Ar$1,513, backdated from 1 April. May 22, 2025 · Monthly Average Salary in USD: ~$450 Minimum Wage (2025): ARS 234,315 per month (~USD 263) Median Salary: ARS 320,000/month Like other Latin American countries, Argentina’s salary structure varies across job roles and regions. 5 dollars, at the official exchange rate May 28, 2025 · The minimum wage in Argentina has been increased effective from August 2025. The national minimum wage is increased from ARS268,056. Next, let's highlight the average prices of food and some other goods/services in Argentina in 2025. The decision comes after the Minimum Wage Council, a body made up of government, business chamber, and trade union representatives tasked with discussing the matter, failed to reach an agreement in late April. org/salary/minimum-wage/argentina. 93 per month. Oct 4, 2024 · In Argentina, the minimum wage is currently set at ARS 29,160 per month. In February, local workers received 292,446 pesos. 0009 dollars. This is the map and list of American countries by monthly net (after taxes) average wage. 1 per month, that is 3,361 euros per year, taking into account 12 payments per year. If we look at the minimum salary in Argentinian pesos, which is the official currency in Argentina, we can see that, this year, it was 118,000 Argentinian pesos and accordingly, the national minimum wage has been raised 5,500 Mar 28, 2023 · Minimum wage increases approved by the Minimum Vital and Mobile Salary Council last week were published in the Official Bulletin today. The Minimum Wages in Argentina increased to 180,000 ARS/Month on 2/1/2024, after it was 156,000 ARS/Month on 1/1/2024. The national minimum wage is also now set at ARS262,432. 1 day ago · Minimum Wages 234. 1. 22 per month. Feb 20, 2025 · The minimum wage has been revised in Argentina with effect from 01 March 2025. Taking the Argentinian minimum wage of ARS156,000. With the new amounts, Venezuela is in last place in the ranking of countries with a monthly salary of 2. The recent wage increase raises the national minimum wage to 271,571. This adjustment is part of a series of scheduled increases set by the government to address inflation and improve workers' purchasing power. currency yields only about $189. Uruguayan workers earn at least $570 and Chilean workers earn $515. Wage & Salaries for Argentina from National Institute of Statistics and Censuses of the Argentine Republic (INDEC) for the Wage index release. Feb 5, 2025 · What is the minimum wage in Argentina? The minimum wage in Argentina as of June 2023 is ARS 87,987 per month — set by the National Economic and Social Council for each province in Argentina. Mar 21, 2024 · Survey: Argentina has the lowest minimum wage in dollars in the region Minimum wage now at the lowest level of the last 20 years, according to a new report by Focus Market consultancy firm. 047 USD/Month) in October 2023. However, the amount differs based on the individual’s profession, education, and city of residence. This monthly total is paid 13 times per year. Jan 2, 2025 · Last year might have meant a battle won against inflation by the Libertarian administration of President Javier Milei. Have there been real term changes in minimum salary in Latin America? While there have been steep rises in minimum salary in Latin America over the past few years, that hasn’t necessarily meant more purchasing power. 25 resolution. Minimum Wage Regulations in 2025 As of March 1, 2025, the minimum wage in Argentina is set at 202,800 ARS per month, equivalent to approximately USD 230. dollars, an increase of 2. The majority of the states have a higher minimum wage than the federal, but the state/federal delineation makes it difficult to nail down what the effective minimum wage actually is in the US without averaging all of the states. The rate of minimum wage varies from country to country, and within the U. 09 ARS/Month. If you asked me how much you needed to get by in Los Angeles I would probably give you a number below the average. Let's delve into the minimum wage rates in Latin America for 2024. The minimum wage as of March 1 equals 292,446 pesos ($275) monthly. 12 per month. May 1, 2025 · The current minimum wage in Argentina is ARS322,000. In all but a few countries, the effective date of legislation is no older than 2014. 1, 2022, with three additional increases set for 2023, the country’s labor ministry and minimum wage council said in a Nov. The hourly and monthly minimum wage for domestic workers has been increased. The maximum rate of minimum wage for employees was 25920 ARS/Month and minimum was 0 ARS/Month. Though Argentina is a Federal State, under the country's Constitution the National Legislative (i. The national minimum wage has increased from ARS156,000. Each country in the region sets its minimum wage, impacting millions of workers and businesses. Jan 23, 2025 · The minimum wage has been revised in Argentina with effect from 01 September 2024. 6% by June 1 compared with current levels, but economists say it is falling far behind Argentina’s racing inflation, which hit 102. 00 to ARS292,446. Argentina ranked 120th out of 197 countries by cost of living and 75th best country to live in. The government announced the minimum wage increase via decree, with further increases announced from 1 May of Ar$308,200 per month, from 1 June of Ar$313,400, from 1 July of Ar$317,800, and from 1 May 1, 2025 · The minimum wage has been revised in Argentina with effect from 01 May 2025. This is equivalent to around USD 278 or EUR 268 and falls roughly in the middle of other Latin American countries. Sep 25, 2024 · As of September 2023, the legal minimum wage in Argentina amounted to 268,056 Argentinian pesos per month, an increase of around two percent when compared to the minimum monthly salary of the In 2025, the national minimum wage in Argentina is 286,711 Argentine pesos (ARS) per month. As of August 2024, the minimum mandatory wage is AR $262,432. Some countries may have a very complicated minimum wage system; for In summary, the average wages in Argentina differ significantly across industries, showcasing the varying economic landscapes and opportunities available to job seekers in the country 4. This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country. living wage in Argentina? The minimum wage is significantly lower than the living wage, which is a common issue in Argentina due to high inflation. The table has current values for Minimum Wages, previous releases, historical highs and record lows, release frequency, reported unit and currency plus links to historical data charts. 51) a month starting in September, as persistent inflation eats away at purchasing power. Since September 2023, the national minimum wage in Argentina remained fixed at €310. Feb 21, 2024 · The monthly minimum wage increased to 180,000 Argentine pesos (US$214. From 1/1/1965 to 3/1/2024, the average GDP in Argentina was 4,959. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Minimum Wages. In 2025, the national minimum wage in Argentina is 286,711 Argentine pesos (ARS) per month. May 9, 2025 · Argentina's government increased the monthly minimum wage to approximately $266. The average salary in Argentina is about 1,612,788 Argentine pesos per month ($1,505). Jan 1, 2023 · The minimum wage has been revised in Argentina with effect from 01 January 2023. 315. So AR$8000 would be 8. The L. If we look at the minimum salary in Argentinian pesos, which is the official currency in Argentina, we can see that, this year, it was 32,000 Argentinian pesos and accordingly, the national minimum wage has been raised 896 Mar 18, 2024 · Venezuela has an accrued inflation of 15 billion % from 1999 to 2022. Jun 20, 2025 · How does minimum wage vary around the world? This comprehensive guide provides a breakdown of the minimum wage by country in local currencies and USD. 20. Jan 1, 2025 · The minimum wages have been revised in Argentina with effect from 01 January 2025. This translates to roughly USD 315 a month. 25 / hour, 8. e. The German government has announced that it will increase the minimum wage by almost 2. The minimum wage was adjusted as of 1 January, 2025 by the National Council for Employment, Productivity, and the Adjustable Minimum The minimum wage is the lowest amount an employer can legally pay an employee. This page provides - Argentina Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. It became valid on August 1, 2025. Apr 17, 2025 · The minimum wage is almost the same as the average monthly net salary, while the mortgage interest rates are extremely high. How much is overtime pay in Argentina? In Argentina, if the employee works overtime, they are entitled to 50% of their usual salary for the work performed. 50 per month, Feb 1, 2025 · The minimum wage has been revised in Argentina with effect from 01 February 2025. org/salary/minimum-wage/argentina Nov 29, 2022 · Argentina’s monthly minimum wage is planned to increase Dec. Argentina's minimum wage was last changed in 1-Jan-2017. 66) per month. 2 hours of work. A. Paid in three monthly increases, the minimum salary will rise by 26. Feb 21, 2024 · Explore the lowest minimum wages globally and how they compare to living costs. Rapidly increasing inflation rates have impacted the local-currency-based statutory minimum monthly wage: once the equivalent of USD 30 back in 2022, it is now equivalent to just USD 3. Historically, Monthly Minimum Wage (USD) in Argentina reached an all time high of USD 557 in 2011 and an all time low of USD 64. Apr 24, 2025 · The minimum wage has been revised in Argentina with effect from 01 October 2024. org/salary/minimum-wage/argentina May 3, 2024 · Argentine government set a new minimum wage at ARS221,052 as of April 1, and at ARS234,315 from May 1, according a resolution published Friday on the official gazette. This page provides forecast and historical data, charts, statistics, news and updates for Argentina Wage & Salaries. The wage will further increase to $283. Image courtesy of Argentina's government. Still, it also represented a significant wage loss for most Argentines if not Aug 2, 2023 · How Latin American Minimum Wages Have Compared to Inflation In 2023. If you want to learn more about minimum wage by country, please refer to the data in the charts. Taking into account the Federal minimum wage in the United States of $7. Minimum Wage Argentina has a national minimum wage law. Jun 18, 2025 · What is the minimum wage vs. Nov 21, 2024 · The new national minimum wage has increased from ARS47,850. 00 and assuming you work eight hours a day five days a week, the hourly minimum wage is AR$975 per hour. Liaoning has a minimum wage of 1,120 RMB per month, Hunan has a minimum wage of 1130 RMB per month and Anhui has a monthly minimum wage of 1,150 RMB. 8 per month, that is 3,730 euros per year, taking into account 12 payments per year. The all-time high was reached on 3/1/2024 with 202,800 ARS/Month, while the lowest value was recorded on 1/1/1965 with 0 Feb 5, 2025 · This wage hike will impact many low-income earners significantly, although its effectiveness in addressing inflation remains uncertain. 50 to ARS271,571. 22 Argentine Peso (USD 274. Yearly totals are based upon 37. Find insights on the highest and lowest wages, along with essential regulations. According to the Argentine Ministry of Labour, the official minimum wage in Argentina in 2025 is 296,832 pesos per month, which at current exchange rates equals $275. TCWGlobal offers insights on fair compensation in international hiring. May 16, 2023 · Argentina is the third largest economy in Latin America and the second largest in South America. Compare cost of living by city. Explore the minimum wage in Argentina, including legal requirements, sector standards, and what they mean for employers. 93, currently equal to US $270. It applies to all employees aged at least 18 years old. The national minimum wage is increased from ARS262,432. The Ministry of Labour, Employment, and Social Security is responsible for setting and adjusting the minimum wage, which is reviewed frequently due to the country’s high inflation rates. ar/Salario/salario-minimo https://wageindicator. The decree slated progressive increases between April and August. General minimum wage by territory, as of February 2023 This is a list of the official minimum wage rates of the 193 United Nations member states and former members of the United Nations, also including the following territories and states with limited recognition (Northern Cyprus, Kosovo, etc. Those two months marked the first time Argentina’s minimum wage remained unchanged for more than a month since June and July 2022. Prior to this, it was ARS 268,056 (USD 271. Aug 6, 2025 · As of June 2025, Argentina's monthly minimum wage is ARS 317,800, with an hourly rate of ARS 1,589. The national minimum wage is set at ARS65,427. The average salary in Argentina is 45,200 Argentine Peso (ARS) or 199 US Dollars per month (as per the exchange rate in May 2023). 12 ARS per month as of May, 2024 Median Salary Estimated based on general positions such as HR, Accounting, Admin roles, in tier one cities. What is the minimum wage in Argentina? BUENOS AIRES, Sept 21 (Reuters) – Argentina on Tuesday raised the country’s minimum wage to 31,104 Argentine pesos ($316. However, if you are earning salaries somewhere else, in a richer country, then it is relatively cheap to live in Argentina. Jul 9, 2025 · The average cost of living in Argentina is $862, which is 1. nhoaa dlao ulbczt kskxer vry fabhpd xaln ztruuf nsncmx ajqvg