Minimum Wages in Mexico remained unchanged at 102.68 MXN/Day in June from 102.68 MXN/Day in May of 2019. Minimum Wages in Mexico averaged 21.24 MXN/Day from 1960 until 2019, reaching an all time high of 102.68 MXN/Day in January of 2019 and a record low of 0.01 MXN/Day in January of 1960.

Minimum Wages in Mexico is expected to be 102.68 MXN/Day by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Mexico to stand at 111.50 in 12 months time. In the long-term, the Mexico Minimum Daily Wage is projected to trend around 119.50 MXN/Day in 2020, according to our econometric models.

Mexico Minimum Daily Wage
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Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.60 3.50 6.42 2.22 percent [+]
Employed Persons 54936719.00 54152266.00 54936719.00 37970852.00 [+]
Unemployed Persons 2014496.00 1886205.00 3012574.00 915418.00 [+]
Labor Force Participation Rate 60.50 60.20 61.47 58.18 percent [+]
Labour Costs 94.90 97.70 127.10 66.40 Index Points [+]
Productivity 93.60 93.10 104.50 85.00 Index Points [+]
Wages 376.63 377.49 377.49 129.28 MXN/Day [+]
Wages in Manufacturing 2.60 2.60 3.80 2.00 USD/Hour [+]
Minimum Wages 102.68 102.68 102.68 0.01 MXN/Day [+]
Population 125.33 124.04 125.33 38.68 Million [+]
Retirement Age Women 65.00 65.00 65.00 65.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Wages High Skilled 17200.00 15600.00 17200.00 13700.00 MXN/Month [+]
Wages Low Skilled 5390.00 5280.00 5390.00 4870.00 MXN/Month [+]
Living Wage Family 7900.00 7700.00 7900.00 7700.00 MXN/Month [+]
Living Wage Individual 4320.00 4130.00 4320.00 4130.00 MXN/Month [+]
Employment Rate 96.43 96.49 97.23 93.58 percent [+]


Mexico Minimum Daily Wage

This page provides - Mexico Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Minimum Daily Wage - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
102.68 102.68 102.68 0.01 1960 - 2019 MXN/Day Monthly
Current Prices, NSA




Country Last Previous
Argentina 12500.00 Jun/19
Australia 740.80 Jul/19
Brazil 998.00 Aug/19
Canada 14.00 Dec/19
China 2480.00 Apr/19
France 1521.22 Dec/19
Germany 9.19 Jan/19
India 176.00 Dec/18
Indonesia 3.94 Jan/19
Japan 874.00 Oct/18
Mexico 102.68 Jun/19
Netherlands 1635.60 Dec/19
Russia 11163.00 May/18
South Korea 8350.00 Dec/19
Spain 1050.00 Jun/19
Turkey 2558.40 Dec/19
United Kingdom 8.21 Apr/19
United States 7.25 Dec/19


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