Wages in Argentina increased 2 percent in May of 2026 over the same month in the previous year. Wage Growth in Argentina averaged 3.94 percent from 2015 until 2026, reaching an all time high of 19.99 percent in January of 2024 and a record low of -0.24 percent in May of 2020. source: INDEC

Wage Growth in Argentina is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Wage Growth in Private Sector MoM is projected to trend around 2.20 percent in 2027 and 2.40 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Employed Persons 13472.00 13503.00 Thousand Mar 2026
Employment Rate 44.80 45.00 percent Mar 2026
Labor Force Participation Rate 48.60 48.60 percent Mar 2026
Minimum Wages 367800.00 363000.00 ARS/Month Jun 2026
Population 46.39 46.30 Million Dec 2025
Unemployed Persons 1145.00 1093.00 Thousand Mar 2026
Unemployment Rate 7.80 7.50 percent Mar 2026
Wage Growth MoM 2.00 4.00 percent May 2026
Wages 2215706.84 2171345.05 ARS/Month Apr 2026


Argentina Wage Growth in Private Sector MoM
In Argentina, salary is defined as reward for working month for realization the tasks corresponding with the position, independent from particular conditions of the worker who carried out those tasks.
Actual Previous Highest Lowest Dates Unit Frequency
2.00 4.00 19.99 -0.24 2015 - 2026 percent Monthly
NSA