Wages In Manufacturing in Ecuador decreased to 437 USD/Month in the first quarter of 2018 from 440 USD/Month in the fourth quarter of 2017. Wages In Manufacturing in Ecuador averaged 351.66 USD/Month from 2007 until 2018, reaching an all time high of 461 USD/Month in the third quarter of 2015 and a record low of 220 USD/Month in the first quarter of 2008.
Wages In Manufacturing in Ecuador is expected to be 450.00 USD/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages In Manufacturing in Ecuador to stand at 440.00 in 12 months time. In the long-term, the Ecuador Median Wages In Manufacturing is projected to trend around 470.00 USD/Month in 2020, according to our econometric models.