Minimum Wages in Ecuador increased to 394 USD/Month in 2019 from 386 USD/Month in 2018. Minimum Wages in Ecuador averaged 246.06 USD/Month from 2001 until 2019, reaching an all time high of 394 USD/Month in 2019 and a record low of 85.70 USD/Month in 2001. source: Banco Central del Ecuador

Minimum Wages in Ecuador is expected to be 394.00 USD/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ecuador Gross Minimum Monthly Wage is projected to trend around 415.00 USD/Month in 2020, according to our econometric models.

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Ecuador Gross Minimum Monthly Wage
Ecuador Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.90 5.60 11.86 4.54 percent [+]
Wages 450.26 437.44 450.26 198.26 USD/Month [+]
Population 17.02 16.78 17.02 4.44 Million [+]
Wages In Manufacturing 450.00 447.00 461.00 220.00 USD/Month [+]
Labor Force Participation Rate 64.60 63.30 70.30 61.00 percent [+]
Minimum Wages 394.00 386.00 394.00 85.70 USD/Month [+]
Employment Rate 47.30 47.00 57.94 46.54 percent [+]


Ecuador Gross Minimum Monthly Wage

This page provides - Ecuador Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Gross Minimum Monthly Wage - actual data, historical chart and calendar of releases - was last updated on December of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
394.00 386.00 394.00 85.70 2001 - 2019 USD/Month Yearly




Country Last Previous
Argentina 16875.00 Oct/19 15625
Australia 740.80 Jul/19 719
Brazil 998.00 Dec/19 998
Canada 14.00 Dec/19 14
China 2480.00 Apr/19 2420
France 1521.22 Dec/19 1521
Germany 9.19 Jan/19 8.84
India 176.00 Dec/19 176
Indonesia 3.94 Jan/19 3.6
Japan 901.00 Oct/19 874
Mexico 102.68 Oct/19 103
Netherlands 1635.60 Dec/19 1616
Russia 11163.00 May/18 9489
South Korea 8350.00 Dec/19 7530
Spain 1050.00 Dec/19 1050
Turkey 2558.40 Dec/19 2558
United Kingdom 8.21 Apr/19 7.83
United States 7.25 Dec/19 7.25


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