Minimum Wages in Paraguay remained unchanged at 2192.84 PYG Thousand/Month in May from 2192.84 PYG Thousand/Month in April of 2020.

Minimum Wages in Paraguay averaged 832.27 PYG Thousand/Month from 1980 until 2020, reaching an all time high of 2192.84 PYG Thousand/Month in July of 2019 and a record low of 20.52 PYG Thousand/Month in February of 1980. This page provides - Paraguay Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay Minimum Monthly Wage - values, historical data and charts - was last updated on July of 2020.

Minimum Wages in Paraguay is expected to be 2180.00 PYG Thousand/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Paraguay to stand at 2180.00 in 12 months time. In the long-term, the Paraguay Minimum Monthly Wage is projected to trend around 2180.00 PYG Thousand/Month in 2021 and 2250.00 PYG Thousand/Month in 2022, according to our econometric models.

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Paraguay Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
2192.84 2192.84 2192.84 20.52 1980 - 2020 PYG Thousand/Month Monthly

Paraguay Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.70 6.20 9.20 5.20 percent [+]
Minimum Wages 2192.84 2192.84 2192.84 20.52 PYG Thousand/Month [+]
Population 7.15 7.05 7.15 1.91 Million [+]
Unemployed Persons 224266.00 264683.00 264683.00 60451.00 [+]
Wages In Manufacturing 287.50 282.10 287.50 100.00 points [+]
Employed Persons 3466761.00 3378074.00 3466761.00 945026.00 [+]