Monthly minimum wage (Local currency), annual growth rate in Argentina

Argentina: Monthly minimum wage (Local currency), annual growth rate was 74.08 % change on previous year in 2024. ◆ Volatile

Latest (2024)
74.08 % change on previous year
Change on year
down 51.2%
World rank
4th
of 168 countries
All-time high
151.8 % change on previous year
in 2023
All-time low
0 % change on previous year
in 1996
Years of data
29
1996–2024

Monthly minimum wage (Local currency), annual growth rate in Argentina, 1996–2024

0501001501996201020241996: 0 % change on previous year1997: 0 % change on previous year1998: 0 % change on previous year1999: 0 % change on previous year2000: 0 % change on previous year2001: 0 % change on previous year2002: 0 % change on previous year2003: 50 % change on previous year2004: 50 % change on previous year2005: 40 % change on previous year2006: 27 % change on previous year2007: 22.5 % change on previous year2008: 26.5 % change on previous year2009: 16.1 % change on previous year2010: 20.8 % change on previous year2011: 32.2 % change on previous year2012: 16.1 % change on previous year2013: 23.6 % change on previous year2014: 33.3 % change on previous year2015: 27 % change on previous year2016: 35.3 % change on previous year2017: 17.2 % change on previous year2018: 27.5 % change on previous year2019: 49.3 % change on previous year2020: 22 % change on previous year2021: 55.4 % change on previous year2022: 93.6 % change on previous year2023: 151.8 % change on previous year2024: 74.1 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Argentina recorded 74.08 % change on previous year for monthly minimum wage (local currency), annual growth rate in 2024.

The figure is down 51.2% on the previous year and up 122.3% over ten years.

Over the whole period, monthly minimum wage (local currency), annual growth rate in Argentina peaked at 151.8 % change on previous year in 2023 and was at its lowest, 0 % change on previous year, in 1996.

Argentina ranks 4th of 168 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Monthly minimum wage (Local currency), annual growth rate in Argentina, year by year

Annual values for Monthly minimum wage (Local currency), annual growth rate in Argentina, 1996 to 2024.
Year % change on previous year Change
1996 0 % change on previous year
1997 0 % change on previous year
1998 0 % change on previous year
1999 0 % change on previous year
2000 0 % change on previous year
2001 0 % change on previous year
2002 0 % change on previous year
2003 50 % change on previous year
2004 50 % change on previous year +0.0%
2005 40 % change on previous year -20.0%
2006 26.98 % change on previous year -32.5%
2007 22.5 % change on previous year -16.6%
2008 26.53 % change on previous year +17.9%
2009 16.13 % change on previous year -39.2%
2010 20.83 % change on previous year +29.2%
2011 32.18 % change on previous year +54.5%
2012 16.09 % change on previous year -50.0%
2013 23.6 % change on previous year +46.7%
2014 33.33 % change on previous year +41.3%
2015 27 % change on previous year -19.0%
2016 35.29 % change on previous year +30.7%
2017 17.2 % change on previous year -51.3%
2018 27.54 % change on previous year +60.2%
2019 49.34 % change on previous year +79.1%
2020 22 % change on previous year -55.4%
2021 55.43 % change on previous year +152.0%
2022 93.6 % change on previous year +68.9%
2023 151.8 % change on previous year +62.2%
2024 74.08 % change on previous year -51.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0 % change on previous year 0 % change on previous year 0 % change on previous year 4
2000s 23.21 % change on previous year 0 % change on previous year 50 % change on previous year 10
2010s 28.24 % change on previous year 16.09 % change on previous year 49.34 % change on previous year 10
2020s 79.39 % change on previous year 22 % change on previous year 151.8 % change on previous year 5

Countries ranked near Argentina

  1. 1 Angola 117.52 % change on previous year compare
  2. 2 Lebanon 100 % change on previous year compare
  3. 3 Malawi 80 % change on previous year compare
  4. 5 Egypt 71.43 % change on previous year compare
  5. 6 Eswatini 42.86 % change on previous year compare
  6. 7 Madagascar 42.36 % change on previous year compare

See the full ranking of 168 places →

More work & labour data for Argentina

All data for Argentina →

Frequently asked questions

What is monthly minimum wage (local currency), annual growth rate in Argentina?
Monthly minimum wage (local currency), annual growth rate in Argentina was 74.08 % change on previous year in 2024, according to Statizoid (derived).
What is the highest monthly minimum wage (local currency), annual growth rate recorded in Argentina?
The highest recorded value was 151.8 % change on previous year in 2023.
What is the lowest monthly minimum wage (local currency), annual growth rate recorded in Argentina?
The lowest recorded value was 0 % change on previous year in 1996.
How does Argentina rank for monthly minimum wage (local currency), annual growth rate?
Argentina ranks 4th out of 168 countries with data for 2024.
Is monthly minimum wage (local currency), annual growth rate rising or falling in Argentina?
Over the last ten years it is up 122.3%. The long-run trend across the full record is volatile.
Where does this Argentina data come from?
The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), annual growth rate. Statizoid updates them automatically from the source API.

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Monthly minimum wage (Local currency), annual growth rate in Argentina. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://labour.statizoid.com/stat/monthly-minimum-wage-local-currency-annual-growth-rate/argentina/

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How this figure is calculated

The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Monthly minimum wage (Local currency), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
168 places, 3,744 data points, 1981–2026
Last refreshed

The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.