Wages in Argentina increased to 1599507.44 ARS/Month in February from 1598083.32 ARS/Month in January of 2025. This dataset provides - Argentina Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Over the period shown in Argentina, the average income has exhibited a positive trend for both genders. However, the average income has consistently remained higher for the male population, with greater increases observed in the fourth quarter of 2022 compared to the income received by women.

Key information about Argentina Household Income per Capita

• Argentina Annual Household Income per Capita reached 4,522.736 USD in Dec 2023, compared with the previous value of 4,354.647 USD in Dec 2022.
• Argentina Annual Household Income per Capita data is updated yearly, available from Dec 2004 to Dec 2023, with an averaged value of 3,818.417 USD.
• The data reached an all-time high of 5,915.943 USD in Dec 2017 and a record low of 1,383.333 USD in Dec 2004.
• In the latest reports, Retail Sales of Argentina dropped 13.777 % YoY in Jan 2024.

CEIC calculcates Annual Household Income per Capita from quarterly Monthly Average Household Income per Capita multiplied by 3 and converts it into USD. The National Institute of Statistics and Censuses provides Average Household Income per Capita in local currency. The Central Bank of Argentina average market exchange rate is used for currency conversions. Household Income covers Urban area only.

In 2023, Argentina's annual household income amounted to 4,522.74 U.S. dollars. Even if this figure represented a slight increase compared to the previous year, it remains considerably lower than the household income per capita registered in 2017 and 2018.

The bottom 50 percent in Argentina earned on average 15,057 U.S. dollars at purchasing power parity (PPP) before income taxes as of 2022, while individuals in the top one percent earned pre-tax more than 686,433 dollars. Looking at the percentage distribution of wealth in Argentina, the poorest half held 5.7 percent of the total in 2021. Moreover, the top one percent in the South American country accounted for 25.7 percent of the overall national wealth.

Argentina AR: Wages Index data was reported at 379.409 2010=100 in Oct 2015. This records an increase from the previous number of 374.839 2010=100 for Sep 2015. Argentina AR: Wages Index data is updated monthly, averaging 74.034 2010=100 from Oct 2001 (Median) to Oct 2015, with 169 observations. The data reached an all-time high of 379.409 2010=100 in Oct 2015 and a record low of 26.475 2010=100 in Apr 2002. Argentina AR: Wages Index data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Argentina – Table AR.IMF.IFS: Wages, Labour Cost and Employment Index.

In March 2020, the media salary in the software and IT services sector in Argentina stood at 71.7 thousand U.S. dollars. For highly experiences professionals (seniors), the figure amounted to 92.78 thousand dollars.

Argentina PHHS: Urban: By Population Level: Average Household Income Per Capita: 7th Decile data was reported at 530,091.000 ARS in Dec 2024. This records an increase from the previous number of 487,378.000 ARS for Sep 2024. Argentina PHHS: Urban: By Population Level: Average Household Income Per Capita: 7th Decile data is updated quarterly, averaging 2,971.096 ARS from Sep 2003 (Median) to Dec 2024, with 82 observations. The data reached an all-time high of 530,091.000 ARS in Dec 2024 and a record low of 279.513 ARS in Dec 2003. Argentina PHHS: Urban: By Population Level: Average Household Income Per Capita: 7th Decile data remains active status in CEIC and is reported by National Institute of Statistics and Censuses. The data is categorized under Global Database’s Argentina – Table AR.H021: Urban Household Income Level: Permanent Household Survey. The Permanent Household Survey data Sep 2007 is not available due to a strike that prevented the completition of the survey by the source. 2. Q3 2015, Q4 2015 and Q1 2016 data point for this series has not been released by INDEC. Data points will be uploaded once becomes available from the source.

Costa Rica is the country with the highest minimum monthly wage in Latin America. According to the minimum salary established by law as of January 2025, workers in the Central American country enjoy a basic monthly wage of over 726 U.S. dollars, an increase of 2.37 percent compared to the previous year. They also earn over 200 U.S. dollars more than the second place, Uruguay. On the other side of the spectrum is Venezuela, where employees are only guaranteed by law a minimum salary of 130 bolívares or little more than 2.50 dollars per month. Can Latin Americans survive on a minimum wage? Even if most countries in Latin America have instated laws to guarantee citizens a basic income, these minimum standards are often not enough to meet household needs. For instance, it was estimated that almost 25 million people in Mexico lacked basic housing services. Salary levels also vary greatly among Latin American economies. In 2020, the average net monthly salary in Mexico was barely higher than Chile's minimum wage in 2021. What can a minimum wage afford in Latin America? Latin American real wages have generally risen in the past decade. However, consumers in this region still struggle to afford non-basic goods, such as tech products. Recent estimates reveal that, in order to buy an iPhone, Brazilian residents would have to work at least two months to be able to pay for it. A gaming console, on the other hand, could easily cost a Latin American worker several minimum wages.

This statistic shows the average salary in the supermarket industry in Argentina as of February 2019, broken down by position. In February 2019, the average salary of Argentinian supermarkets managers, supervisors and other hierarchical staff amounted to 75,286 Argentine pesos.

Argentina PHHS: Urban: By Population Level: Average Household Income Per Capita: 9th Decile data was reported at 903,098.000 ARS in Dec 2024. This records an increase from the previous number of 847,052.000 ARS for Sep 2024. Argentina PHHS: Urban: By Population Level: Average Household Income Per Capita: 9th Decile data is updated quarterly, averaging 4,914.586 ARS from Sep 2003 (Median) to Dec 2024, with 82 observations. The data reached an all-time high of 903,098.000 ARS in Dec 2024 and a record low of 523.900 ARS in Dec 2003. Argentina PHHS: Urban: By Population Level: Average Household Income Per Capita: 9th Decile data remains active status in CEIC and is reported by National Institute of Statistics and Censuses. The data is categorized under Global Database’s Argentina – Table AR.H021: Urban Household Income Level: Permanent Household Survey. The Permanent Household Survey data Sep 2007 is not available due to a strike that prevented the completition of the survey by the source. 2. Q3 2015, Q4 2015 and Q1 2016 data point for this series has not been released by INDEC. Data points will be uploaded once becomes available from the source.

Argentina PHHS: Urban: By HH Income Level: Average Household Income: 3rd Decile data was reported at 558,876.000 ARS in Sep 2024. This records an increase from the previous number of 388,134.000 ARS for Jun 2024. Argentina PHHS: Urban: By HH Income Level: Average Household Income: 3rd Decile data is updated quarterly, averaging 4,405.092 ARS from Sep 2003 (Median) to Sep 2024, with 81 observations. The data reached an all-time high of 558,876.000 ARS in Sep 2024 and a record low of 393.617 ARS in Sep 2003. Argentina PHHS: Urban: By HH Income Level: Average Household Income: 3rd Decile data remains active status in CEIC and is reported by National Institute of Statistics and Censuses. The data is categorized under Global Database’s Argentina – Table AR.H021: Urban Household Income Level: Permanent Household Survey. The Permanent Household Survey data Sep 2007 is not available due to a strike that prevented the completition of the survey by the source. 2. Q3 2015, Q4 2015 and Q1 2016 data point for this series has not been released by INDEC. Data points will be uploaded once becomes available from the source.

Argentina: Percent income earned by the top 10 percent of earners: The latest value from 2022 is 29.8 percent, a decline from 31.2 percent in 2021. In comparison, the world average is 29.75 percent, based on data from 28 countries. Historically, the average for Argentina from 1980 to 2022 is 33.63 percent. The minimum value, 29.5 percent, was reached in 2013 while the maximum of 40.5 percent was recorded in 2002.

Annualized average growth rate in per capita real survey mean consumption or income, total population (%) in Argentina was reported at --4.71 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Argentina - Annualized average growth rate in per capita real survey mean consumption or income, total population - actual values, historical data, forecasts and projections were sourced from the World Bank on April of 2025.

The national gross income per capita in Argentina increased by 930 U.S. dollars (+8.02 percent) compared to the previous year. In total, the national gross income amounted to 12,520 U.S. dollars in 2023. Gross national income (GNI) per capita is the total value of money received by a country, from both domestic or foreign sources, divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which implements a price adjusted, three year moving average, smoothing out fluctuations in exchange rates.Find more statistics on other topics about Argentina with key insights such as consumer expenditure, value added by the agriculture, forestry and fishing sector to the gross domestic product, and value added by the services industry to the gross domestic product.

Argentina PHHS: Urban: By HH Income Level: Average Household Income: 4th Decile data was reported at 758,970.000 ARS in Dec 2024. This records an increase from the previous number of 700,586.000 ARS for Sep 2024. Argentina PHHS: Urban: By HH Income Level: Average Household Income: 4th Decile data is updated quarterly, averaging 5,668.928 ARS from Sep 2003 (Median) to Dec 2024, with 82 observations. The data reached an all-time high of 758,970.000 ARS in Dec 2024 and a record low of 518.301 ARS in Sep 2003. Argentina PHHS: Urban: By HH Income Level: Average Household Income: 4th Decile data remains active status in CEIC and is reported by National Institute of Statistics and Censuses. The data is categorized under Global Database’s Argentina – Table AR.H021: Urban Household Income Level: Permanent Household Survey. The Permanent Household Survey data Sep 2007 is not available due to a strike that prevented the completition of the survey by the source. 2. Q3 2015, Q4 2015 and Q1 2016 data point for this series has not been released by INDEC. Data points will be uploaded once becomes available from the source.

In 2022, the average income in Argentina indicated a more favorable salary situation for males across all major occupations and regions, with the highest disparity observed in professional roles in terms of income.

Argentina AR: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data was reported at 72.114 % in 2023. This records an increase from the previous number of 71.127 % for 2022. Argentina AR: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data is updated yearly, averaging 71.232 % from Dec 1991 (Median) to 2023, with 33 observations. The data reached an all-time high of 74.135 % in 2012 and a record low of 67.105 % in 2002. Argentina AR: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Argentina – Table AR.World Bank.WDI: Employment and Unemployment. Wage and salaried workers (employees) are those workers who hold the type of jobs defined as 'paid employment jobs,' where the incumbents hold explicit (written or oral) or implicit employment contracts that give them a basic remuneration that is not directly dependent upon the revenue of the unit for which they work.;International Labour Organization. “ILO modelled estimates database” ILOSTAT. Accessed January 07, 2025. https://ilostat.ilo.org/data/.;Weighted average;

Four of the selected Latin American countries experienced a decline in the average real minimum wage in the first quarter of 2024 when compared to the same period of 2023. Argentina registered the largest fall during that year, with a 32.2 percent loss. By contrast, Jamaica had an increase on average real minimum wage of almost 36 percent, the largest increase amongst the selection.

Argentina PHHS: Urban: By Population Level: Average Household Income Per Capita: 8thh Decile data was reported at 674,876.000 ARS in Dec 2024. This records an increase from the previous number of 621,505.000 ARS for Sep 2024. Argentina PHHS: Urban: By Population Level: Average Household Income Per Capita: 8thh Decile data is updated quarterly, averaging 3,717.742 ARS from Sep 2003 (Median) to Dec 2024, with 82 observations. The data reached an all-time high of 674,876.000 ARS in Dec 2024 and a record low of 371.986 ARS in Dec 2003. Argentina PHHS: Urban: By Population Level: Average Household Income Per Capita: 8thh Decile data remains active status in CEIC and is reported by National Institute of Statistics and Censuses. The data is categorized under Global Database’s Argentina – Table AR.H021: Urban Household Income Level: Permanent Household Survey. The Permanent Household Survey data Sep 2007 is not available due to a strike that prevented the completition of the survey by the source. 2. Q3 2015, Q4 2015 and Q1 2016 data point for this series has not been released by INDEC. Data points will be uploaded once becomes available from the source.