Minimum Wages in Paraguay increased to 2192.84 PYG Thousand/Month in July from 2112.56 PYG Thousand/Month in June of 2019. Minimum Wages in Paraguay averaged 803.38 PYG Thousand/Month from 1980 until 2019, 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.
Minimum Wages in Paraguay is expected to be 2112.56 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 2250.00 PYG Thousand/Month in 2020, according to our econometric models.