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March 10, 2023
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IPE: it would take 70 years to close the wage gap

IPE: it would take 70 years to close the wage gap

The time it would take to completely eliminate the gender wage gap has risen from 50 to 70 years in Peru, warned the Peruvian Institute of Economics (). According to the IPE, women’s wages went from growing at an annual rate of 5.7% between 2004 and 2019, to only advancing 1% during the period 2020-2022.

With figures from the National Institute of Statistics and Informatics (INEI), the IPE indicated that the real salary of the male population grew 3.6% in 2022 compared to 2021.

Meanwhile, in the case of the female population, it is observed that real remuneration in urban areas amounted to S/1,258 last year, below S/1,259 in 2021 and almost S/200 less than S/1,466 in 2019. .

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This setback is mainly due to the economic slowdown and high inflation observed last year in the country.

“The real salary of men is 30% higher than that of women. This is the highest figure in the last 4 years, which represents an increase in the gender wage gap to levels even higher than those registered before the pandemic, ”she specified.

In this way, for every S/1 of income that a worker received, a worker only received S/0.70, according to a calculation by the Peruvian Institute of Economy.

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