Wages in Mexico decreased to 404.13 MXN/Day in August from 405.20 MXN/Day in July of 2020.

Wages in Mexico averaged 252.07 MXN/Day from 2000 until 2020, reaching an all time high of 408.02 MXN/Day in May of 2020 and a record low of 129.28 MXN/Day in February of 2000. This page provides - Mexico Average Daily Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Average Daily Wages - values, historical data and charts - was last updated on October of 2020. source: Secretariat of Labor & Soc Welf, Mexico

Wages in Mexico is expected to be 403.00 MXN/Day by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Mexico to stand at 404.00 in 12 months time. In the long-term, the Mexico Average Daily Wages is projected to trend around 408.00 MXN/Day in 2021 and 411.00 MXN/Day in 2022, according to our econometric models.

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Mexico Average Daily Wages

Actual Previous Highest Lowest Dates Unit Frequency
404.13 405.20 408.02 129.28 2000 - 2020 MXN/Day Monthly
Current Prices, NSA

Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.20 5.40 6.42 2.22 percent [+]
Employed Persons 55352304.00 55683450.00 55683450.00 37970852.00 [+]
Unemployed Persons 1976060.00 1942071.00 3012574.00 915418.00 [+]
Labor Force Participation Rate 55.10 54.90 61.47 47.40 percent [+]
Labour Costs 89.70 93.20 132.40 71.50 points [+]
Productivity 89.40 90.80 104.70 80.40 points [+]
Wages 404.13 405.20 408.02 129.28 MXN/Day [+]
Wages in Manufacturing 2.40 2.40 3.80 2.00 USD/Hour [+]
Minimum Wages 123.22 123.22 123.22 0.01 MXN/Day [+]
Population 126.58 125.33 126.58 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 [+]
Employment Rate 94.80 94.60 97.23 93.58 percent [+]


Mexico Average Daily Wages
In Mexico, wages are benchmarked using average daily earnings.