Peru Minimum Monthly Wage  Forecast


Peru Minimum Monthly Wage
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Minimum Wages in Peru is expected to be 849.15 PEN/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Peru to stand at 847.19 in 12 months time. In the long-term, the Peru Minimum Monthly Wage is projected to trend around 841.98 PEN/Month in 2020, according to our econometric models.


Peru Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 6.5 6.1 5.8 5.6 5.5 5.7
Employed Persons 4903 4877 4872 4870 4867 4844
Unemployed Persons 338 360 345 350 340 350
Wages 1800 1726 1739 1744 1746 1736
Minimum Wages 850 849 848 848 847 842
Population 31.49 32 32.4 32.06 32.14 32.77
Wages High Skilled 4190 4042 4059 4076 4093 4007
Wages Low Skilled 1220 1359 1350 1341 1332 1310
Living Wage Family 1540 1540 1540 1540 1540 1540
Living Wage Individual 895 895 895 895 895 895
Employment Rate 63.7 64 64 63.35 63.28 65