Wages in Argentina increased 1.60 percent in December of 2020 over the same month in the previous year. source: INDEC

Wage Growth in Argentina averaged 2.46 percent from 2015 until 2020, reaching an all time high of 8.54 percent in January of 2020 and a record low of -0.24 percent in May of 2020. This page provides - Argentina Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina Wage Growth in Private Sector MoM - values, historical data and charts - was last updated on February of 2021.

Wage Growth in Argentina is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wage Growth in Argentina to stand at 1.40 in 12 months time. In the long-term, the Argentina Wage Growth in Private Sector MoM is projected to trend around 1.40 percent in 2022 and 2.13 percent in 2023, according to our econometric models.

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Argentina Wage Growth in Private Sector MoM

Actual Previous Highest Lowest Dates Unit Frequency
1.60 2.64 8.54 -0.24 2015 - 2020 percent Monthly

Argentina Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.70 13.10 20.80 5.90 percent [+]
Employed Persons 10658.00 9546.00 12240.00 8339.00 Thousand [+]
Unemployed Persons 1415.00 1437.00 3406.25 709.00 Thousand [+]
Employment Rate 37.40 33.40 43.40 33.40 percent [+]
Labor Force Participation Rate 42.30 38.40 47.70 38.40 percent [+]
Wages 61221.00 84967.00 84967.00 913.00 ARS/Month [+]
Minimum Wages 20587.50 20587.50 20587.50 0.00 ARS/Month [+]
Population 44.94 44.50 44.94 20.68 Million [+]
Wage Growth 1.60 2.64 8.54 -0.24 percent [+]

Argentina Wage Growth in Private Sector MoM
In Argentina, salary is defined as reward for working month for realization the tasks corresponding with the position, independent from particular conditions of the worker who carried out those tasks.