Wages in Manufacturing in Mexico remained unchanged at 2.60 USD/Hour in July from 2.60 USD/Hour in June of 2019. Wages in Manufacturing in Mexico averaged 2.60 USD/Hour from 2007 until 2019, reaching an all time high of 3.80 USD/Hour in December of 2013 and a record low of 2 USD/Hour in January of 2017.

Wages in Manufacturing in Mexico is expected to be 2.40 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 2.50 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 3.80 3.70 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 60.10 60.40 61.47 58.18 percent [+]
Labour Costs 93.30 96.20 127.10 66.40 Index Points [+]
Productivity 92.60 89.90 104.50 85.00 Index Points [+]
Wages 379.67 380.72 380.72 129.28 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 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 96.20 96.26 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.60 2.60 3.80 2.00 2007 - 2019 USD/Hour Monthly
Current Prices, NSA




Country Last Previous
Australia 1338.30 Jun/19
Brazil 2285.00 Jul/19
Canada 26.05 Jul/19
China 72088.00 Dec/18
France 103.60 Jun/19
Germany 165.00 Jul/19
India 347.30 Dec/14
Indonesia 2653267.53 Mar/19
Italy 102.70 Aug/19
Japan 342888.00 Aug/19
Mexico 2.60 Jul/19
Netherlands 117.80 Sep/19
Russia 45105.00 Jul/19
South Africa 18798.00 Jun/19
South Korea 3804036.00 Jun/19
Switzerland 112.40 Dec/18
Turkey 194.11 Jun/19
United Kingdom 619.00 Aug/19
United States 22.25 Sep/19


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