Key information about Paraguay Monthly Earnings

• Paraguay Monthly Earnings stood at 410 USD in Dec 2024, compared with the previous figure of 387 USD in Sep 2024
• Paraguay Monthly Earnings data is updated quarterly, available from Mar 2017 to Dec 2024, with an average number of 393 USD
• The data reached the an all-time high of 462 USD in Jun 2018 and a record low of 322 USD in Dec 2020

• In the latest reports, Paraguay Population reached 6 million people in Dec 2024
• Unemployment Rate of Paraguay dropped to 5 % in Dec 2024
• The country's Labour Force Participation Rate increased to 71 % in Dec 2024

The national gross income per capita in Paraguay amounted to 6,220 U.S. dollars in 2023. Between 1962 and 2023, the national gross income rose by 6,050 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend.

Paraguay Average Monthly Income: Public Worker data was reported at 4,439.800 PYG in Sep 2017. This records a decrease from the previous number of 4,593.000 PYG for Jun 2017. Paraguay Average Monthly Income: Public Worker data is updated quarterly, averaging 3,264.000 PYG from Mar 2010 (Median) to Sep 2017, with 31 observations. The data reached an all-time high of 4,647.400 PYG in Mar 2017 and a record low of 2,192.900 PYG in Dec 2010. Paraguay Average Monthly Income: Public Worker data remains active status in CEIC and is reported by Department of Statistics, Surveys and Censuses. The data is categorized under Global Database’s Paraguay – Table PY.G003: Continuous Employment Survey: Average Monthly Income.

Paraguay Average Monthly Income: Independent Worker data was reported at 3,191.500 PYG in Sep 2017. This records an increase from the previous number of 2,727.000 PYG for Jun 2017. Paraguay Average Monthly Income: Independent Worker data is updated quarterly, averaging 2,612.900 PYG from Mar 2010 (Median) to Sep 2017, with 31 observations. The data reached an all-time high of 3,191.500 PYG in Sep 2017 and a record low of 1,647.300 PYG in Jun 2010. Paraguay Average Monthly Income: Independent Worker data remains active status in CEIC and is reported by Department of Statistics, Surveys and Censuses. The data is categorized under Global Database’s Paraguay – Table PY.G005: Continuous Employment Survey: Average Monthly Income.

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.

Graph and download economic data for Gross National Income for Paraguay (MKTGNIPYA646NWDB) from 1960 to 2024 about Paraguay, GNI, and income.

Average Monthly Income: By Occupational Category data was reported at 2,439.800 PYG th in Dec 2018. This records a decrease from the previous number of 2,528.100 PYG th for Sep 2018. Average Monthly Income: By Occupational Category data is updated quarterly, averaging 2,401.100 PYG th from Mar 2017 (Median) to Dec 2018, with 8 observations. The data reached an all-time high of 2,562.700 PYG th in Jun 2018 and a record low of 2,315.600 PYG th in Mar 2017. Average Monthly Income: By Occupational Category data remains active status in CEIC and is reported by Department of Statistics, Surveys and Censuses. The data is categorized under Global Database’s Paraguay – Table PY.G020: Average Monthly Income: Age 15 and Above.

In 2025, Paraguay scored 0.67 in the gender gap index area of economic participation and opportunity, which means that women are 33 percent less likely to have equal economic opportunities than men. That year, the South American country scored 0.63 in estimated earned income, which represents that, on average, women in Paraguay only earn 63 percent of the income earned by men.

Paraguay Average Monthly Income: Domestic Employee data was reported at 1,462.000 PYG in Sep 2017. This records an increase from the previous number of 1,394.100 PYG for Jun 2017. Paraguay Average Monthly Income: Domestic Employee data is updated quarterly, averaging 1,271.100 PYG from Mar 2010 (Median) to Sep 2017, with 31 observations. The data reached an all-time high of 1,539.900 PYG in Sep 2015 and a record low of 871.000 PYG in Mar 2010. Paraguay Average Monthly Income: Domestic Employee data remains active status in CEIC and is reported by Department of Statistics, Surveys and Censuses. The data is categorized under Global Database’s Paraguay – Table PY.G003: Continuous Employment Survey: Average Monthly Income.

Annualized average growth rate in per capita real survey mean consumption or income, total population (%) in Paraguay was reported at --1 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Paraguay - 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 August of 2025.

Adjusted net national income per capita (annual % growth) in Paraguay was reported at 5.435 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Paraguay - Adjusted net national income per capita (annual % growth) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Graph and download economic data for Bank's Non-Interest Income to Total Income for Paraguay (DDEI03PYA156NWDB) from 2000 to 2021 about Paraguay, banks, depository institutions, and income.

Paraguay: Income from natural resources, percent of GDP: The latest value from 2021 is 1.35 percent, a decline from 1.68 percent in 2020. In comparison, the world average is 6.83 percent, based on data from 186 countries. Historically, the average for Paraguay from 1970 to 2021 is 2.19 percent. The minimum value, 1.35 percent, was reached in 2021 while the maximum of 3.63 percent was recorded in 1979.

Adjusted net national income (annual % growth) in Paraguay was reported at 6.7193 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Paraguay - Adjusted net national income (annual % growth) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The average monthly net salary in Paraguay allowed for the purchase of *** liters of gasoline in 2024. This was some *** liters more than the gasoline index in 2022.

Paraguay Average Monthly Income: Private Worker data was reported at 2,463.200 PYG in Sep 2017. This records an increase from the previous number of 2,308.400 PYG for Jun 2017. Paraguay Average Monthly Income: Private Worker data is updated quarterly, averaging 2,228.700 PYG from Mar 2010 (Median) to Sep 2017, with 31 observations. The data reached an all-time high of 2,494.400 PYG in Jun 2016 and a record low of 1,563.200 PYG in Jun 2010. Paraguay Average Monthly Income: Private Worker data remains active status in CEIC and is reported by Department of Statistics, Surveys and Censuses. The data is categorized under Global Database’s Paraguay – Table PY.G003: Continuous Employment Survey: Average Monthly Income.

Paraguay Average Monthly Income: By Occupational Category: Domestic Employee data was reported at 1,251.300 PYG in Jun 2018. This records a decrease from the previous number of 1,260.800 PYG for Mar 2018. Paraguay Average Monthly Income: By Occupational Category: Domestic Employee data is updated quarterly, averaging 1,263.650 PYG from Mar 2017 (Median) to Jun 2018, with 6 observations. The data reached an all-time high of 1,292.400 PYG in Sep 2017 and a record low of 1,240.200 PYG in Dec 2017. Paraguay Average Monthly Income: By Occupational Category: Domestic Employee data remains active status in CEIC and is reported by Department of Statistics, Surveys and Censuses. The data is categorized under Global Database’s Paraguay – Table PY.G005: Permanent Household Survey: Average Monthly Income.

Paraguay PY: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data was reported at 56.429 % in 2017. This records an increase from the previous number of 56.385 % for 2016. Paraguay PY: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data is updated yearly, averaging 45.832 % from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 57.063 % in 2014 and a record low of 41.834 % in 2002. Paraguay PY: 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 Paraguay – Table PY.World Bank: 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, ILOSTAT database. Data retrieved in November 2017.; Weighted average; Data up to 2016 are estimates while data from 2017 are projections.

Paraguay PY: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: Annualized Average Growth Rate data was reported at 4.900 % in 2016. Paraguay PY: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: Annualized Average Growth Rate data is updated yearly, averaging 4.900 % from Dec 2016 (Median) to 2016, with 1 observations. Paraguay PY: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: Annualized Average Growth Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Paraguay – Table PY.World Bank: Poverty. The growth rate in the welfare aggregate of the bottom 40% is computed as the annualized average growth rate in per capita real consumption or income of the bottom 40% of the population in the income distribution in a country from household surveys over a roughly 5-year period. Mean per capita real consumption or income is measured at 2011 Purchasing Power Parity (PPP) using the PovcalNet (http://iresearch.worldbank.org/PovcalNet). For some countries means are not reported due to grouped and/or confidential data. The annualized growth rate is computed as (Mean in final year/Mean in initial year)^(1/(Final year - Initial year)) - 1. 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. The initial year refers to the nearest survey collected 5 years before the most recent survey available, only surveys collected between 3 and 7 years before the most recent survey are considered. The final year refers to the most recent survey available between 2011 and 2015. Growth rates for Iraq are based on survey means of 2005 PPP$. The coverage and quality of the 2011 PPP price data for Iraq and most other North African and Middle Eastern countries were hindered by the exceptional period of instability they faced at the time of the 2011 exercise of the International Comparison Program. See PovcalNet for detailed explanations.; ; World Bank, Global Database of Shared Prosperity (GDSP) circa 2010-2015 (http://www.worldbank.org/en/topic/poverty/brief/global-database-of-shared-prosperity).; ; The comparability of welfare aggregates (consumption or income) for the chosen years T0 and T1 is assessed for every country. If comparability across the two surveys is a major concern for a country, the selection criteria are re-applied to select the next best survey year(s). Annualized growth rates are calculated between the survey years, using a compound growth formula. The survey years defining the period for which growth rates are calculated and the type of welfare aggregate used to calculate the growth rates are noted in the footnotes.

Paraguay PY: Proportion of People Living Below 50 Percent Of Median Income: % data was reported at 17.000 % in 2021. This records a decrease from the previous number of 18.600 % for 2020. Paraguay PY: Proportion of People Living Below 50 Percent Of Median Income: % data is updated yearly, averaging 20.200 % from Dec 1990 (Median) to 2021, with 25 observations. The data reached an all-time high of 27.700 % in 1997 and a record low of 15.300 % in 1990. Paraguay PY: 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 Paraguay – Table PY.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).