Mexico Wages 2024 | Minimum & Average | Take-profit.org (2024)

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  1. Main
  2. Statistics
  3. Wages
  4. Mexico

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
  • Minimum
  • Av. Wages
  • High Skilled
  • Manufacturing
  • Low Skilled

Latest data on Minimum Wages (MXN/Day)

  • Chart
  • Historical Chart

Mexico Wages 2024 | Minimum & Average | Take-profit.org (2)

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)

  • Enrique Peña
  • Felipe Calderón
  • Vicente Fox
  • Ernesto Zedillo
  • Carlos Salinas

Mexico Wages 2024 | Minimum & Average | Take-profit.org (3)

Mexico Wages 2024 | Minimum & Average | Take-profit.org (4)

Mexico Wages 2024 | Minimum & Average | Take-profit.org (5)

Mexico Wages 2024 | Minimum & Average | Take-profit.org (6)

Mexico Wages 2024 | Minimum & Average | Take-profit.org (7)

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)

  • Chart
  • Historical Chart

Mexico Wages 2024 | Minimum & Average | Take-profit.org (8)

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

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)

  • Enrique Peña
  • Felipe Calderón
  • Vicente Fox
  • Ernesto Zedillo

Mexico Wages 2024 | Minimum & Average | Take-profit.org (9)

Mexico Wages 2024 | Minimum & Average | Take-profit.org (10)

Mexico Wages 2024 | Minimum & Average | Take-profit.org (11)

Mexico Wages 2024 | Minimum & Average | Take-profit.org (12)

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)

  • Chart
  • Historical Chart

Mexico Wages 2024 | Minimum & Average | Take-profit.org (13)

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)

  • Chart
  • Historical Chart

Mexico Wages 2024 | Minimum & Average | Take-profit.org (14)

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)

  • Chart
  • Historical Chart

Mexico Wages 2024 | Minimum & Average | Take-profit.org (15)

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

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Mexico Wages 2024 | Minimum & Average | Take-profit.org (2024)
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