Monthly minimum wage (Local currency), annual growth rate in Paraguay
Paraguay: Monthly minimum wage (Local currency), annual growth rate was 22.23 % change on previous year in 2024. ◆ Volatile
Monthly minimum wage (Local currency), annual growth rate in Paraguay, 1996–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for monthly minimum wage (local currency), annual growth rate in Paraguay is 22.23 % change on previous year, measured in 2024. That is the highest value across all 29 years on record.
The figure is up 122.3% over ten years.
Over the whole period, monthly minimum wage (local currency), annual growth rate in Paraguay peaked at 22.23 % change on previous year in 2024 and was at its lowest, 0 % change on previous year, in 2004.
That places Paraguay 19th out of 168 countries with data for 2024, putting it in the top quarter.
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 Paraguay, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 10 % change on previous year | — |
| 1997 | 10 % change on previous year | +0.0% |
| 1998 | 12 % change on previous year | +20.0% |
| 1999 | 0.0002 % change on previous year | -100.0% |
| 2000 | 15 % change on previous year | +8871545.0% |
| 2001 | 15 % change on previous year | +0.0% |
| 2002 | 12 % change on previous year | -20.0% |
| 2003 | 11 % change on previous year | -8.3% |
| 2004 | 0 % change on previous year | -100.0% |
| 2005 | 12 % change on previous year | — |
| 2006 | 12 % change on previous year | +0.0% |
| 2007 | 10 % change on previous year | -16.7% |
| 2008 | 0 % change on previous year | -100.0% |
| 2009 | 5 % change on previous year | — |
| 2010 | 7 % change on previous year | +40.0% |
| 2011 | 10 % change on previous year | +42.9% |
| 2012 | 0 % change on previous year | -100.0% |
| 2013 | 0 % change on previous year | — |
| 2014 | 10 % change on previous year | — |
| 2015 | 0 % change on previous year | -100.0% |
| 2016 | 7.7 % change on previous year | — |
| 2017 | 3.9 % change on previous year | -49.4% |
| 2018 | 3.5 % change on previous year | -10.2% |
| 2019 | 3.8 % change on previous year | +8.6% |
| 2020 | 0 % change on previous year | -100.0% |
| 2021 | 4.4 % change on previous year | — |
| 2022 | 0 % change on previous year | -100.0% |
| 2023 | 0 % change on previous year | — |
| 2024 | 22.23 % change on previous year | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8 % change on previous year | 0.0002 % change on previous year | 12 % change on previous year | 4 |
| 2000s | 9.2 % change on previous year | 0 % change on previous year | 15 % change on previous year | 10 |
| 2010s | 4.59 % change on previous year | 0 % change on previous year | 10 % change on previous year | 10 |
| 2020s | 5.33 % change on previous year | 0 % change on previous year | 22.23 % change on previous year | 5 |
Countries ranked near Paraguay
- 16 Saint Vincent and the Grenadines 25.96 % change on previous year compare
- 17 Albania 25 % change on previous year compare
- 18 Botswana 23.34 % change on previous year compare
- 20 Ghana 21.97 % change on previous year compare
- 21 Chile 21.95 % change on previous year compare
- 22 Kazakhstan 21.43 % change on previous year compare
More work & labour data for Paraguay
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.23 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.2175 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.2425 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.2 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.9753 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 6,607 1000 No (2050)
- Population - Est. & Proj. — Rural population 2,290 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 4,534 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 4,514 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 9,048 1000 No (2100)
Frequently asked questions
- What is monthly minimum wage (local currency), annual growth rate in Paraguay?
- Monthly minimum wage (local currency), annual growth rate in Paraguay was 22.23 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest monthly minimum wage (local currency), annual growth rate recorded in Paraguay?
- The highest recorded value was 22.23 % change on previous year in 2024.
- What is the lowest monthly minimum wage (local currency), annual growth rate recorded in Paraguay?
- The lowest recorded value was 0 % change on previous year in 2004.
- How does Paraguay rank for monthly minimum wage (local currency), annual growth rate?
- Paraguay ranks 19th out of 168 countries with data for 2024.
- Is monthly minimum wage (local currency), annual growth rate rising or falling in Paraguay?
- Over the last ten years it is up 122.3%. The long-run trend across the full record is volatile.
- Where does this Paraguay 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.
Download this data
CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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
- Monthly minimum wage International Labour Organization
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
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.