Wages in Manufacturing in Mexico increased to 2.30 USD/Hour in November from 2.10 USD/Hour in October of 2018. Wages in Manufacturing in Mexico averaged 2.47 USD/Hour from 2007 until 2018, reaching an all time high of 3.60 USD/Hour in December of 2013 and a record low of 1.90 USD/Hour in January of 2017.

Wages in Manufacturing in Mexico is expected to be 2.30 USD/Hour by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Mexico to stand at 2.90 in 12 months time. In the long-term, the Mexico Nominal Hourly Wages in Manufacturing is projected to trend around 3.00 USD/Hour in 2020, according to our econometric models.

Mexico Nominal Hourly Wages in Manufacturing
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Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.40 3.30 6.42 2.22 percent [+]
Employed Persons 54194608.00 54027997.00 54194608.00 37970852.00 [+]
Unemployed Persons 1828591.00 1934278.00 3012574.00 915418.00 [+]
Labor Force Participation Rate 59.50 60.00 61.47 58.18 percent [+]
Labour Costs 79.30 76.20 127.10 66.40 Index Points [+]
Productivity 107.60 106.70 113.60 91.90 Index Points [+]
Wages 354.35 352.70 357.43 129.28 MXN/Day [+]
Wages in Manufacturing 2.30 2.10 3.60 1.90 USD/Hour [+]
Minimum Wages 102.68 88.36 102.68 0.01 MXN/Day [+]
Population 123.52 122.27 123.52 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 Low Skilled 5390.00 5280.00 5390.00 4870.00 MXN/Month [+]
Wages High Skilled 17200.00 15600.00 17200.00 13700.00 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 96.65 96.74 97.23 93.58 percent [+]


Mexico Nominal Hourly Wages in Manufacturing

This page provides - Mexico Average Wages in Manufacturing Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Nominal Hourly Wages in Manufacturing - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.30 2.10 3.60 1.90 2007 - 2018 USD/Hour Monthly
Current Prices, NSA




Country Last Previous
Australia 1304.50 Jun/18
Brazil 2227.00 Dec/18
Canada 25.65 Nov/18
China 64452.00 Dec/17
France 102.00 Sep/18
Germany 186.40 Nov/18
India 347.30 Dec/14
Indonesia 2703980.52 Sep/18
Italy 113.70 Dec/18
Japan 839280.00 Dec/18
Mexico 2.30 Nov/18
Netherlands 115.10 Jan/19
Russia 40462.00 Oct/18
South Africa 18344.00 Sep/18
South Korea 4067903.00 Sep/18
Switzerland 113.10 Dec/17
Turkey 166.50 Sep/18
United Kingdom 603.00 Nov/18
United States 21.86 Jan/19


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