As usual, Governments from different countries have adjusted minimal remuneration that workers accrue monthly. These changes have been driven by more contained inflation in several economies in the region.
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The minimum wage refers to the minimum amount of money that an employer must pay to a worker for a certain period of time. Its value is established by law in each country and is updated periodically.
Next, we present the panorama observed in Latin America in 2025 around the payment of this salary.
Keep in mind that this comparison does not seek to appear as a ranking, since the economic situation and the parameters under which this remuneration is set are different in each nation. In addition, to make this year more practical, all amounts will be presented in dollars.
Latin American coins
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Salary map
Costa Rica starts the year with a minimum wage that is $ 725.6. The adjustment applied by the government of this country was 2.37% and was launched in October 2024.
The next territory to explore is Uruguay. This South American nation increased this figure by 6% for this year, which translates into a minimum wage of $ 505.5.
In Chile, for its part, since July 1, the minimum monthly salary increased to 504 dollars. The adjustment was put into force as part of the increases scheduled by the Puerto Rican government since May.
In the case of Ecuador, The basic minimum salary reported an increase of $ 10That is, this rose to 470 dollars.
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Minimum wage
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In Guatemala, on the other hand, the minimum wage reported an increase of 10% and 6%, respectively, for agricultural activities and other export work. So things, This remuneration was set for 2025 in an average of $ 466.5.
Upon Mexico, this nation agreed to increase the minimum wage by 12% for this year, in other words, its value was set at $ 416.6. In Colombia, meanwhile, The National Government determined, via decree, an adjustment of 9.5%which translates into a salary of $ 323.
In Brazil, the minimum wage went from $ 227 to $ 244.7 in 2025, which meant an increase equivalent to 7.5%; While in Argentina, the government decreed a staggered increase that launched on December 1 last year, placing the minimum, to date, in $ 238.95.
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