Minimum Wages in Ecuador increased to 470 USD/Month in 2025 from 460 USD/Month in 2024. This dataset provides - Ecuador Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Ecuador Minimum Wage: Nominal data was reported at 450.257 USD in Nov 2018. This stayed constant from the previous number of 450.257 USD for Oct 2018. Ecuador Minimum Wage: Nominal data is updated monthly, averaging 254.208 USD from Jan 2000 (Median) to Nov 2018, with 227 observations. The data reached an all-time high of 450.257 USD in Nov 2018 and a record low of 49.000 USD in Feb 2000. Ecuador Minimum Wage: Nominal data remains active status in CEIC and is reported by Ministry of Labor and Employment. The data is categorized under Global Database’s Ecuador – Table EC.G013: Minimum Wage .

Wages in Ecuador remained unchanged at 548.26 USD/Month in August. This dataset provides - Ecuador Minimum Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Ecuador Minimum Wage: Real: 2004=100 data was reported at 101.081 2004=100 in Mar 2015. This records a decrease from the previous number of 101.500 2004=100 for Feb 2015. Ecuador Minimum Wage: Real: 2004=100 data is updated monthly, averaging 118.114 2004=100 from Jan 2002 (Median) to Mar 2015, with 159 observations. The data reached an all-time high of 162.828 2004=100 in Jan 2014 and a record low of 89.586 2004=100 in Dec 2002. Ecuador Minimum Wage: Real: 2004=100 data remains active status in CEIC and is reported by Ministry of Labor and Employment. The data is categorized under Global Database’s Ecuador – Table EC.G013: Minimum Wage .

Ecuador Minimum Wage: Real: 2014=100 data was reported at 106.916 2014=100 in Oct 2018. This records an increase from the previous number of 106.866 2014=100 for Sep 2018. Ecuador Minimum Wage: Real: 2014=100 data is updated monthly, averaging 82.491 2014=100 from Jan 2002 (Median) to Oct 2018, with 202 observations. The data reached an all-time high of 107.574 2014=100 in Jul 2018 and a record low of 55.864 2014=100 in Dec 2002. Ecuador Minimum Wage: Real: 2014=100 data remains active status in CEIC and is reported by Central Bank of Ecuador. The data is categorized under Global Database’s Ecuador – Table EC.G013: Minimum Wage .

Ecuador Wage Index: Adj by(CPI) Consumer Price Index2014=100 data was reported at 366.065 2014=100 in Oct 2018. This records an increase from the previous number of 365.893 2014=100 for Sep 2018. Ecuador Wage Index: Adj by(CPI) Consumer Price Index2014=100 data is updated monthly, averaging 336.464 2014=100 from Jan 2007 (Median) to Oct 2018, with 142 observations. The data reached an all-time high of 734.654 2014=100 in Aug 2018 and a record low of 232.943 2014=100 in Nov 2007. Ecuador Wage Index: Adj by(CPI) Consumer Price Index2014=100 data remains active status in CEIC and is reported by Central Bank of Ecuador. The data is categorized under Global Database’s Ecuador – Table EC.G013: Minimum Wage .

Ecuador Wage Index: Adj by(CPI) Consumer Price Index2004=100 data was reported at 340.556 2004=100 in Nov 2015. This records a decrease from the previous number of 340.922 2004=100 for Oct 2015. Ecuador Wage Index: Adj by(CPI) Consumer Price Index2004=100 data is updated monthly, averaging 199.155 2004=100 from Jan 2005 (Median) to Nov 2015, with 131 observations. The data reached an all-time high of 683.028 2004=100 in Aug 2015 and a record low of 145.405 2004=100 in Nov 2005. Ecuador Wage Index: Adj by(CPI) Consumer Price Index2004=100 data remains active status in CEIC and is reported by Ministry of Labor and Employment. The data is categorized under Global Database’s Ecuador – Table EC.G013: Minimum Wage .

According to a recent study, Colombia had the lowest monthly cost of living in Latin America with 546 U.S. dollars needed for basic living. In contrast, four countries had a cost of living above one thousand dollars, Costa Rica, Chile, Panama and Uruguay. In 2022, the highest minimum wage in the region was recorded by Ecuador with 425 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 22 million people in Mexico lacked basic housing services. Salary levels also vary greatly among Latin American economies. In 2022, the average net monthly salary in Brazil was lower than Ecuador's minimum wage.

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 more than 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.

1.60 (%) in 2023. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.

Ecuador EC: Law Mandates Equal Remuneration for Females & Males for Work of Equal Value: 1=Yes; 0=No data was reported at 1.000 NA in 2017. This stayed constant from the previous number of 1.000 NA for 2015. Ecuador EC: Law Mandates Equal Remuneration for Females & Males for Work of Equal Value: 1=Yes; 0=No data is updated yearly, averaging 1.000 NA from Dec 2013 (Median) to 2017, with 3 observations. The data reached an all-time high of 1.000 NA in 2017 and a record low of 1.000 NA in 2017. Ecuador EC: Law Mandates Equal Remuneration for Females & Males for Work of Equal Value: 1=Yes; 0=No data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ecuador – Table EC.World Bank.WDI: Policy and Institutions. Law mandates equal remuneration for females and males for work of equal value is whether there is a law that obligates employers to pay equal remuneration to male and female employees who do work of equal value.“Remuneration” refers to the ordinary, basic or minimum wage or salary and any additional emoluments payable directly or indirectly, whether in cash or in kind, by the employer to the worker and arising out of the worker’s employment. “Work of equal value” refers not only to the same or similar jobs but also to different jobs of the same value.; ; World Bank: Women, Business and the Law.; ;

In Ecuador, the share of the indigenous population in 2023 that had an average per capita income below the poverty line reached almost 50 percent. In comparison to the previous year, this represents a slight decrease. The country had also one of the highest share of indigenous population living in extreme poverty in the region.

Ecuador EC: Proportion of People Living Below 50 Percent Of Median Income: % data was reported at 19.800 % in 2022. This records an increase from the previous number of 18.400 % for 2021. Ecuador EC: Proportion of People Living Below 50 Percent Of Median Income: % data is updated yearly, averaging 20.100 % from Dec 1994 (Median) to 2022, with 23 observations. The data reached an all-time high of 23.100 % in 1999 and a record low of 18.400 % in 2021. Ecuador EC: Proportion of People Living Below 50 Percent Of Median Income: % data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ecuador – Table EC.World Bank.WDI: Social: Poverty and Inequality. The percentage of people in the population who live in households whose per capita income or consumption is below half of the median income or consumption per capita. The median is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries, medians are not reported due to grouped and/or confidential data. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

Ecuador EC: Income Share Held by Lowest 20% data was reported at 4.700 % in 2016. This records an increase from the previous number of 4.600 % for 2015. Ecuador EC: Income Share Held by Lowest 20% data is updated yearly, averaging 3.800 % from Dec 1987 (Median) to 2016, with 19 observations. The data reached an all-time high of 4.800 % in 2014 and a record low of 2.600 % in 1999. Ecuador EC: Income Share Held by Lowest 20% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ecuador – Table EC.World Bank.WDI: Poverty. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.; ; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/index.htm).; ; The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than one thousand six hundred household surveys across 164 countries in six regions and 25 other high income countries (industrialized economies). While income distribution data are published for all countries with data available, poverty data are published for low- and middle-income countries and countries eligible to receive loans from the World Bank (such as Chile) and recently graduated countries (such as Estonia) only. See PovcalNet (http://iresearch.worldbank.org/PovcalNet/WhatIsNew.aspx) for definitions of geographical regions and industrialized countries.

最低工资：名义在11-01-2018达450.257美元，相较于10-01-2018的450.257美元保持不变。最低工资：名义数据按月更新，01-01-2000至11-01-2018期间平均值为254.208美元，共227份观测结果。该数据的历史最高值出现于11-01-2018，达450.257美元，而历史最低值则出现于02-01-2000，为49.000美元。CEIC提供的最低工资：名义数据处于定期更新的状态，数据来源于Ministerio de Trabajo y Empleo，数据归类于全球数据库的厄瓜多尔 – 表EC.G013：最低工资。

Among selected Latin American countries, Colombia had the highest share of indigenous population with an average per capita income below the extreme poverty line, at 46.8 percent. Ecuador followed second, with 28.5 percent of indigenous people living in extreme poverty. Those two countries also had the highest share of indigenous people living in poverty.

工资指数：根据CPI 2014=100调整在10-01-2018达366.0652014=100，相较于09-01-2018的365.8932014=100有所增长。工资指数：根据CPI 2014=100调整数据按月更新，01-01-2007至10-01-2018期间平均值为336.4642014=100，共142份观测结果。该数据的历史最高值出现于08-01-2018，达734.6542014=100，而历史最低值则出现于11-01-2007，为232.9432014=100。CEIC提供的工资指数：根据CPI 2014=100调整数据处于定期更新的状态，数据来源于Banco Central del Ecuador，数据归类于全球数据库的厄瓜多尔 – 表EC.G013：最低工资。

Ecuador EC: Income Share Held by Lowest 10% data was reported at 1.600 % in 2016. This stayed constant from the previous number of 1.600 % for 2015. Ecuador EC: Income Share Held by Lowest 10% data is updated yearly, averaging 1.300 % from Dec 1987 (Median) to 2016, with 19 observations. The data reached an all-time high of 1.700 % in 2014 and a record low of 0.700 % in 1999. Ecuador EC: Income Share Held by Lowest 10% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ecuador – Table EC.World Bank.WDI: Poverty. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.; ; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/index.htm).; ; The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than one thousand six hundred household surveys across 164 countries in six regions and 25 other high income countries (industrialized economies). While income distribution data are published for all countries with data available, poverty data are published for low- and middle-income countries and countries eligible to receive loans from the World Bank (such as Chile) and recently graduated countries (such as Estonia) only. See PovcalNet (http://iresearch.worldbank.org/PovcalNet/WhatIsNew.aspx) for definitions of geographical regions and industrialized countries.

Income share held by lowest 20% in Ecuador was reported at 4.7 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ecuador - Income share held by lowest 20% - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

工资指数：根据CPI 2004=100调整在11-01-2015达340.5562004=100，相较于10-01-2015的340.9222004=100有所下降。工资指数：根据CPI 2004=100调整数据按月更新，01-01-2005至11-01-2015期间平均值为199.1552004=100，共131份观测结果。该数据的历史最高值出现于08-01-2015，达683.0282004=100，而历史最低值则出现于11-01-2005，为145.4052004=100。CEIC提供的工资指数：根据CPI 2004=100调整数据处于定期更新的状态，数据来源于Ministerio de Trabajo y Empleo，数据归类于全球数据库的厄瓜多尔 – 表EC.G013：最低工资。