Wages in Ecuador remained unchanged at 466.63 USD/Month in 2021 from 466.63 USD/Month in 2020. source: Banco Central del Ecuador

Wages in Ecuador averaged 366.76 USD/Month from 2007 until 2021, reaching an all time high of 466.63 USD/Month in 2020 and a record low of 198.26 USD/Month in 2007. This page provides - Ecuador Minimum Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Gross Average Nominal Monthly Wages - values, historical data and charts - was last updated on February of 2023.

Wages in Ecuador is expected to reach 480.00 USD/Month by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ecuador Gross Average Nominal Monthly Wages is projected to trend around 480.00 USD/Month in 2023, according to our econometric models.

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Ecuador Gross Average Nominal Monthly Wages

Related Last Previous Unit Reference
Unemployment Rate 4.70 5.30 percent Nov 2022
Wages 466.63 466.63 USD/Month Dec 2021
Minimum Wages 450.00 425.00 USD/Month Dec 2023
Labor Force Participation Rate 63.40 62.20 percent Jun 2022
Wages in Manufacturing 450.00 458.00 USD/Month Dec 2019