Minimum Wages in Mexico remained unchanged at 88.36 MXN/Day in October from 88.36 MXN/Day in September of 2018. Minimum Wages in Mexico averaged 20.51 MXN/Day from 1960 until 2018, reaching an all time high of 88.36 MXN/Day in December of 2017 and a record low of 0.01 MXN/Day in January of 1960.

Minimum Wages in Mexico is expected to be 88.36 MXN/Day by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Mexico to stand at 95.45 in 12 months time. In the long-term, the Mexico Minimum Daily Wage is projected to trend around 102.24 MXN/Day in 2020, according to our econometric models.

Mexico Minimum Daily Wage
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Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.20 3.60 6.42 2.22 percent [+]
Employed Persons 54027997.00 53785257.00 54027997.00 37970852.00 [+]
Unemployed Persons 1934278.00 1858160.00 3012574.00 915418.00 [+]
Labor Force Participation Rate 59.50 60.00 61.47 58.18 percent [+]
Labour Costs 82.30 81.10 127.10 66.40 Index Points [+]
Productivity 107.00 107.40 113.60 91.90 Index Points [+]
Wages 350.62 351.80 357.43 129.28 MXN/Day [+]
Wages in Manufacturing 2.30 2.30 3.60 1.90 USD/Hour [+]
Minimum Wages 88.36 88.36 88.36 0.01 MXN/Day [+]
Population 123.52 122.27 123.52 38.68 Million [+]
Retirement Age Women 65.00 65.00 65.00 65.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Wages Low Skilled 5390.00 5280.00 5390.00 4870.00 MXN/Month [+]
Wages High Skilled 17200.00 15600.00 17200.00 13700.00 MXN/Month [+]
Living Wage Family 7900.00 7700.00 7900.00 7700.00 MXN/Month [+]
Living Wage Individual 4320.00 4130.00 4320.00 4130.00 MXN/Month [+]
Employment Rate 96.76 96.40 97.23 93.58 percent [+]


Mexico Minimum Daily Wage

This page provides - Mexico Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Minimum Daily Wage - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
88.36 88.36 88.36 0.01 1960 - 2018 MXN/Day Monthly
Current Prices, NSA




Country Last Previous
Argentina 11300.00 Dec/18
Australia 719.20 Jul/18
Brazil 954.00 Dec/18
Canada 14.00 Dec/18
China 2420.00 Apr/18
France 1498.47 Dec/18
Germany 8.84 Jan/18
Indonesia 3.60 Jan/18
Japan 848.00 Dec/18
Mexico 88.36 Oct/18
Netherlands 1594.20 Dec/18
Russia 11163.00 May/18
South Korea 7530.00 Dec/18
Spain 858.55 Dec/18
Turkey 2029.50 Dec/18
United Kingdom 7.83 Apr/18
United States 7.25 Dec/18


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