Monthly minimum wage in Argentina
Argentina: Monthly minimum wage was 271,571 in 2024. ◆ Volatile
Monthly minimum wage in Argentina, 1995–2024
Source: International Labour Organization.
Analysis
The most recent figure for monthly minimum wage in Argentina is 271,571, measured in 2024. That is the highest value across all 30 years on record.
That represents a change of up 74.1% on the previous year and up 6,072.1% over ten years.
Over the whole period, monthly minimum wage in Argentina peaked at 271,571 in 2024 and was at its lowest, 200, in 1995.
Argentina ranks 17th of 173 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 in Argentina, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 200 | — |
| 1996 | 200 | +0.0% |
| 1997 | 200 | +0.0% |
| 1998 | 200 | +0.0% |
| 1999 | 200 | +0.0% |
| 2000 | 200 | +0.0% |
| 2001 | 200 | +0.0% |
| 2002 | 200 | +0.0% |
| 2003 | 300 | +50.0% |
| 2004 | 450 | +50.0% |
| 2005 | 630 | +40.0% |
| 2006 | 800 | +27.0% |
| 2007 | 980 | +22.5% |
| 2008 | 1,240 | +26.5% |
| 2009 | 1,440 | +16.1% |
| 2010 | 1,740 | +20.8% |
| 2011 | 2,300 | +32.2% |
| 2012 | 2,670 | +16.1% |
| 2013 | 3,300 | +23.6% |
| 2014 | 4,400 | +33.3% |
| 2015 | 5,588 | +27.0% |
| 2016 | 7,560 | +35.3% |
| 2017 | 8,860 | +17.2% |
| 2018 | 11,300 | +27.5% |
| 2019 | 16,875 | +49.3% |
| 2020 | 20,588 | +22.0% |
| 2021 | 32,000 | +55.4% |
| 2022 | 61,953 | +93.6% |
| 2023 | 156,000 | +151.8% |
| 2024 | 271,571 | +74.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 200 | 200 | 200 | 5 |
| 2000s | 644 | 200 | 1,440 | 10 |
| 2010s | 6,459 | 1,740 | 16,875 | 10 |
| 2020s | 108,422 | 20,588 | 271,571 | 5 |
Countries ranked near Argentina
- 14 Costa Rica 358,609 compare
- 15 Iraq 350,000 compare
- 16 Hungary 322,800 compare
- 18 Madagascar 262,880 compare
- 19 Congo, Democratic Republic of the 183,950 compare
- 20 Japan 182,726 compare
More work & labour data for Argentina
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.7783 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.7715 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.7851 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.28 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.514 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 52,564 1000 No (2050)
- Population - Est. & Proj. — Rural population 2,664 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 19,145 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 19,111 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 38,256 1000 No (2100)
Frequently asked questions
- What is monthly minimum wage in Argentina?
- Monthly minimum wage in Argentina was 271,571 in 2024, according to International Labour Organization.
- What is the highest monthly minimum wage recorded in Argentina?
- The highest recorded value was 271,571 in 2024.
- What is the lowest monthly minimum wage recorded in Argentina?
- The lowest recorded value was 200 in 1995.
- How does Argentina rank for monthly minimum wage?
- Argentina ranks 17th out of 173 countries with data for 2024.
- Is monthly minimum wage rising or falling in Argentina?
- Over the last ten years it is up 6,072.1%. The long-run trend across the full record is volatile.
- Where does this Argentina data come from?
- The figures come from International Labour Organization, published as part of Monthly minimum wage. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Data refer to the minimum monthly earnings of all employees as of December 31st of each year. Minimum wages are not reported for countries for which collective bargaining is in place for minimum wages. In cases where a national minimum wage is not mandated, the minimum wage in place in the capital or major city is used. In some cases, an average of multiple regional minimum wages is used. In countries where the minimum wage is set at the sectoral level or occupational level, the minimum wage for manufacturing or unskilled workers is generally applied. Data are converted to U.S. dollars as the common currency, using exchange rates or purchasing power parity (PPP) rates rates for private consumption expenditures. The latter series allows for international comparisons by taking account of the differences in relative prices between countries. For more information, refer to the Wages and Working Time Statistics (COND) database description.