Minimum Wages in Ecuador increased to 400 USD/Month in 2020 from 394 USD/Month in 2019. source: Banco Central del Ecuador

Minimum Wages in Ecuador averaged 253.76 USD/Month from 2001 until 2020, reaching an all time high of 400 USD/Month in 2020 and a record low of 85.70 USD/Month in 2001. This page provides - Ecuador Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Gross Minimum Monthly Wage - values, historical data and charts - was last updated on May of 2021.

Minimum Wages in Ecuador is expected to reach 415.00 USD/Month by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ecuador Gross Minimum Monthly Wage is projected to trend around 415.00 USD/Month in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Ecuador Gross Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
400.00 394.00 400.00 85.70 2001 - 2020 USD/Month Yearly

Ecuador Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.10 8.60 16.80 4.54 percent [+]
Wages 466.63 459.61 466.63 198.26 USD/Month [+]
Population 17.56 17.27 17.56 4.44 Million [+]
Wages In Manufacturing 450.00 447.00 461.00 220.00 USD/Month [+]
Employment Rate 37.40 39.30 57.94 20.20 percent [+]
Labor Force Participation Rate 61.80 61.40 70.30 60.10 percent [+]
Minimum Wages 400.00 394.00 400.00 85.70 USD/Month [+]