Wages in Argentina increased 4.23 percent in May of 2019 over the same month in the previous year. Wage Growth in Argentina averaged 2.36 percent from 2015 until 2019, reaching an all time high of 6.33 percent in April of 2016 and a record low of 0.74 percent in December of 2017.

Wage Growth in Argentina is expected to be 2.10 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 1.60 in 12 months time. In the long-term, the Argentina Wage Growth in Private Sector MoM is projected to trend around 2.13 percent in 2020, according to our econometric models.

Argentina Wage Growth in Private Sector MoM
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Argentina Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.10 9.10 20.80 5.90 percent [+]
Employed Persons 11947.00 11793.00 16100.01 10560.47 Thousand [+]
Unemployed Persons 1338.00 1185.00 3406.25 709.00 Thousand [+]
Employment Rate 42.30 42.20 43.40 36.30 percent [+]
Labor Force Participation Rate 47.00 46.50 47.00 44.50 percent [+]
Wages 40911.00 41359.00 51657.00 913.00 ARS/Month [+]
Minimum Wages 12500.00 11900.00 12500.00 0.00 ARS/Month [+]
Population 44.50 44.05 44.50 20.68 Million [+]
Living Wage Family 14400.00 12200.00 14400.00 10300.00 ARS/Month [+]
Living Wage Individual 10400.00 8560.00 10400.00 6550.00 ARS/Month [+]
Wages High Skilled 20500.00 19500.00 20500.00 13300.00 ARS/Month [+]
Wages Low Skilled 10500.00 10200.00 10500.00 6250.00 ARS/Month [+]
Wage Growth 4.23 2.77 6.33 0.74 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. This page provides - Argentina Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina Wage Growth in Private Sector MoM - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4.23 2.77 6.33 0.74 2015 - 2019 percent Monthly
NSA




Country Last Previous
Argentina 4.23 May/19
Australia 2.30 Jun/19
Canada 3.40 May/19
Euro Area 2.50 Mar/19
France 0.80 Mar/19
Germany 1.20 Mar/19
Italy 0.70 Jun/19
Japan 0.40 Jun/19
Netherlands 2.59 Jul/19
Russia 2.30 Jun/19
Spain 4.96 Jun/19
Switzerland 0.50 Mar/19
United Kingdom 3.70 Jun/19
United States 5.48 Jun/19


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