Monthly minimum wage in Costa Rica
Costa Rica: Monthly minimum wage was 358,609 in 2024. ◆ Volatile
Monthly minimum wage in Costa Rica, 1995–2024
Source: International Labour Organization.
Analysis
Costa Rica recorded 358,609 for monthly minimum wage in 2024. That is the highest value across all 30 years on record.
The figure is up 1.8% on the previous year and up 34.3% over ten years.
Over the whole period, monthly minimum wage in Costa Rica peaked at 358,609 in 2024 and was at its lowest, 5,206, in 2007.
Costa Rica ranks 14th 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 Costa Rica, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 32,601 | — |
| 1996 | 38,113 | +16.9% |
| 1997 | 45,237 | +18.7% |
| 1998 | 51,580 | +14.0% |
| 1999 | 57,456 | +11.4% |
| 2000 | 63,539 | +10.6% |
| 2001 | 71,962 | +13.3% |
| 2002 | 77,578 | +7.8% |
| 2003 | 85,535 | +10.3% |
| 2004 | 94,967 | +11.0% |
| 2005 | 108,880 | +14.7% |
| 2006 | 122,685 | +12.7% |
| 2007 | 5,206 | -95.8% |
| 2008 | 6,024 | +15.7% |
| 2009 | 6,575 | +9.1% |
| 2010 | 7,194 | +9.4% |
| 2011 | 7,642 | +6.2% |
| 2012 | 8,120 | +6.3% |
| 2013 | 8,619 | +6.1% |
| 2014 | 266,943 | +2997.2% |
| 2015 | 286,467 | +7.3% |
| 2016 | 293,133 | +2.3% |
| 2017 | 293,133 | +0.0% |
| 2018 | 300,226 | +2.4% |
| 2019 | 309,143 | +3.0% |
| 2020 | 316,964 | +2.5% |
| 2021 | 317,916 | +0.3% |
| 2022 | 324,560 | +2.1% |
| 2023 | 352,164 | +8.5% |
| 2024 | 358,609 | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 44,997 | 32,601 | 57,456 | 5 |
| 2000s | 64,295 | 5,206 | 122,685 | 10 |
| 2010s | 178,062 | 7,194 | 309,143 | 10 |
| 2020s | 334,043 | 316,964 | 358,609 | 5 |
Countries ranked near Costa Rica
More work & labour data for Costa Rica
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.9965 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.9952 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.9977 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.61 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.29 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 5,205 1000 No (2050)
- Population - Est. & Proj. — Rural population 569.35 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 1,908 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 1,868 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 3,776 1000 No (2100)
Frequently asked questions
- What is monthly minimum wage in Costa Rica?
- Monthly minimum wage in Costa Rica was 358,609 in 2024, according to International Labour Organization.
- What is the highest monthly minimum wage recorded in Costa Rica?
- The highest recorded value was 358,609 in 2024.
- What is the lowest monthly minimum wage recorded in Costa Rica?
- The lowest recorded value was 5,206 in 2007.
- How does Costa Rica rank for monthly minimum wage?
- Costa Rica ranks 14th out of 173 countries with data for 2024.
- Is monthly minimum wage rising or falling in Costa Rica?
- Over the last ten years it is up 34.3%. The long-run trend across the full record is volatile.
- Where does this Costa Rica 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.