Real minimum wage

Minimum wage deflated by the CPI, as an index with 2018 = 100; it measures purchasing power, not the amount.

Source
CEPALSTAT (ECLAC)
Unit
index 2018 = 100 (ECLAC)
Frequency
annual
Latest figure
2024 · 14 countries reporting

Brazil has no recent figure on this series; the comparison shows the countries that report it.

Regional comparison

Each country’s latest figure

Map of 17 countries

Brazil

no recent figure

88.876208.61no data

Region: real minimum wage, latest per country

index 2018 = 100 (ECLAC)

Includes only observations that pass this series’ declared semantic review.

069.5139209MexicoMexico209Mexico: 209Dominican RepublicDominican Republic121Dominican Republic: 121ColombiaColombia115Colombia: 115EcuadorEcuador111Ecuador: 111UruguayUruguay107Uruguay: 107BoliviaBolivia107Bolivia: 107Costa RicaCosta Rica106Costa Rica: 106El SalvadorEl Salvador103El Salvador: 103HondurasHonduras102Honduras: 102ParaguayParaguay101Paraguay: 101PanamaPanama101Panama: 101NicaraguaNicaragua98.17Nicaragua: 98.17GuatemalaGuatemala94.44Guatemala: 94.44PeruPeru88.88Peru: 88.88
14 results shown14 source records
Query scope
2 filtersIndicator key: real_minimum_wage_indexYear: from 2023

Over time

Real minimum wage since 2001

Pick the countries to compare; the chart, the CSV and the share link follow your selection.

4 of 10 series
601051501952402014: 80.112015: 85.92016: 89.142017: 94.752018: 1002019: 1042020: 1082021: 1072022: 1102023: 1172024: 1212014: 96.342015: 98.82016: 98.382017: 1002018: 1002019: 96.422020: 96.272021: 92.312022: 90.552023: 91.152024: 94.442014: 87.192015: 89.612016: 91.942017: 95.822018: 1002019: 1122020: 1302021: 1422022: 1602023: 1822024: 2092014: 92.12015: 88.952016: 93.462017: 94.652018: 1002019: 1002020: 98.282021: 94.552022: 93.552023: 90.722024: 88.88Mexico · 209Dominican… · 121Guatemala · 94.44Peru · 88.8820142017201920222024
44 results shown44 source records
Query scope
3 filtersIndicator key: real_minimum_wage_indexCountry: dominican_republic, guatemala, mexico, peruYear: from 2001

All countries

Figure, year and recent change

Rank 1 is the highest value among countries with a recent figure. Change compares with the same country’s previous observation.

#CountryReal minimum wageYearChange
1Mexico208.612024+26.618
2Dominican Republic121.3032024+4.402
3Colombia115.4342024+5.593
4Ecuador110.9132024+0.752
5Uruguay107.1782024+0.667
6Bolivia106.942024+0.846
7Costa Rica106.1592024+2.454
8El Salvador103.4112024−0.883
9Honduras101.6512024+0.777
10Paraguay101.2812024+1.213
11Panama100.6312024+3.673
12Nicaragua98.1692024+4.868
13Guatemala94.4392024+3.291
14Peru88.8762024−1.842

Source and citation

CEPALSTAT: social indicators

CEPALSTAT (ECLAC), via the VerDat PIDA normalized layer.

CEPALSTAT (ECLAC), “Real minimum wage”, retrieved from VerDat PIDA (OEI) on Oct 9, 2026.

Dataset and recordsOpen in the builder

More on labour and wages