Minimum Wages in Ecuador increased to 394 USD/Month in 2019 from 386 USD/Month in 2018. Minimum Wages in Ecuador averaged 246.06 USD/Month from 2001 until 2019, reaching an all time high of 394 USD/Month in 2019 and a record low of 85.70 USD/Month in 2001.

Minimum Wages in Ecuador is expected to be 394.00 USD/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ecuador Gross Minimum Monthly Wage is projected to trend around 415.00 USD/Month in 2020, according to our econometric models.

Ecuador Gross Minimum Monthly Wage
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Ecuador Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.80 4.80 11.86 4.54 percent [+]
Wages 437.44 426.92 437.44 198.26 USD/Month [+]
Population 16.78 16.53 16.78 4.44 Million [+]
Wages In Manufacturing 437.00 440.00 461.00 220.00 USD/Month [+]
Labor Force Participation Rate 63.10 63.10 70.30 61.00 percent [+]
Minimum Wages 394.00 386.00 394.00 85.70 USD/Month [+]
Employment Rate 47.00 49.30 57.94 46.54 percent [+]


Ecuador Gross Minimum Monthly Wage

This page provides - Ecuador Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Gross Minimum Monthly Wage - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
394.00 386.00 394.00 85.70 2001 - 2019 USD/Month Yearly




Country Last Previous
Argentina 11900.00 May/19
Australia 719.20 Jul/18
Brazil 998.00 May/19
Canada 14.00 Dec/19
China 2480.00 Apr/19
France 1521.22 Dec/19
Germany 9.19 Jan/19
Indonesia 3.94 Jan/19
Japan 874.00 Oct/18
Mexico 102.68 Mar/19
Netherlands 1615.80 Jun/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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