Argentina Average Monthly Wage for registered employees in the private sector - Forecast

Wages in Argentina is expected to be 38000.00 ARS/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Argentina to stand at 30000.00 in 12 months time. In the long-term, the Argentina Average Monthly Wage for registered employees in the private sector is projected to trend around 45000.00 ARS/Month in 2020, according to our econometric models.


Argentina Average Monthly Wage for registered employees in the private sector
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Argentina Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 9.1 8.7 8.4 8 7.7 7.7
Employed Persons 11749 11743 11750 15000 11744 15500
Unemployed Persons 1183 1000 1100 1250 950 1000
Employment Rate 42.4 42.48 43.06 43.2 43.09 45
Labor Force Participation Rate 46.7 46.41 46.56 46.46 46.61 46.51
Wages 26163 38000 29000 40000 30000 45000
Minimum Wages 9500 9500 9500 9500 10000 11000
Wages In Manufacturing 2782 3180 3250 3300 3400 3600
Population 44.05 43.81 43.92 44.04 44.15 45.78
Wages High Skilled 20000 23000 23000 23000 25500 26700
Wage Growth 1.4 1.67 1.61 1.66 1.66 1.63
Living Wage Family 11300 12600 12600 12600 13000 13300
Living Wage Individual 7620 7600 7600 7600 7620 8000
Wages Low Skilled 9910 10540 10540 10540 11500 11500