Wages in Ecuador increased to 450.26 USD/Month in 2018 from 437.44 USD/Month in 2017.
Wages in Ecuador averaged 342.38 USD/Month from 2007 until 2018, reaching an all time high of 450.26 USD/Month in 2018 and a record low of 198.26 USD/Month in 2007. This page provides - Ecuador Minimum Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Gross Average Nominal Monthly Wages - values, historical data and charts - was last updated on April of 2020. source: Banco Central del Ecuador
Wages in Ecuador is expected to reach 475.00 USD/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ecuador Gross Average Nominal Monthly Wages is projected to trend around 475.00 USD/Month in 2021, according to our econometric models.