Argentina Argentina - Minimum wages

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NMW Argentina 2023

Argentina rises the national minimum wage

Since September 2023, the national minimum wage in Argentina remained fixed at €310.8 per month, that is 3,730 euros per year, taking into account 12 payments per year.

If we look at the minimum salary in Argentinian pesos, which is the official currency in Argentina, we can see that, this year, it was 118,000 Argentinian pesos and accordingly, the national minimum wage has been raised 5,500 Argentinian pesos per month from the previous year, 4.89%. This increase is less than the CPI of 2023 which was 94.8%,and so workers, despite the raise, have lost buying power in the last year.

If we look at the ranking of the national minimum wage that we publish, Argentina is in 61 nd place, so it is among the countries with the lowest minimum salary of the 120 of the list.

The National Minimum Wage (NMW) of a country is the minimum amount (lowest salary) per hour, per day, or per month that employers may legally pay to workers.

In the table that follows we show you the progression of the National Minimum Wage Argentina. You can see NMW in other countries in National Minimum Wage 2023 and see all the information about this country in Argentina economy.

Argentina - Minimum wages
DateNat. Curr. NMWNMWNMW
September 2023118,000.0$337.1€310.8
August 2023112,500.0$408.7€371.4
July 2023105,500.0$411.0€376.6
June 202387,987.0$367.7€344.5
May 202384,512.0$379.7€344.3
April 202380,342.0$384.4€354.2
March 202369,500.0$352.5€332.4
February 202367,743.0$362.5€333.4
January 202365,427.0$369.4€344.9
December 202261,953.0$370.4€359.1
November 202257,900.0$369.0€373.2
October 202254,550.0$370.3€378.0
September 202251,200.0$369.1€367.2
August 202245,540.0$347.0€339.8
June 202242,240.0$351.5€327.3
April 202238,940.0$350.9€316.7
February 202233,000.0$314.2€280.1
October 202132,000.0$324.1€280.1
September 202131,104.0$318.2€269.5
August 202128,080.0$290.4€244.9
July 202127,216.0$284.3€239.9
June 202125,572.0$270.1€220.8
May 202124,408.0$260.9€217.0
April 202123,554.0$256.1€218.1
March 202121,600.0$240.5€199.2
December 202020,587.5$253.2€211.8
October 202018,900.0$248.1€212.1
October 201916,875.0$293.2€270.3
September 201915,625.0$264.5€244.6
August 201914,125.0$322.0€288.6
March 201912,500.0$320.5€281.6
December 201811,300.0$297.2€263.6
September 201810,700.0$288.2€237.1
July 201810,000.0$346.5€305.7
January 20189,500.0$506.0€418.5
July 20178,860.0$533.8€470.8
January 20178,060.0$508.5€480.0
September 20167,560.0$507.4€452.6
June 20166,810.0$486.0€437.5
January 20166,060.0$466.0€429.9
August 20155,588.0$608.2€553.9
January 20154,716.0$551.5€458.8
September 20144,400.0$523.6€397.1
January 20143,600.0$552.3€400.4
August 20133,300.0$599.3€452.1
February 20132,875.0$577.7€426.2
September 20122,670.0$576.1€457.4
September 20112,300.0$547.7€379.5
January 20111,840.0$462.8€346.5
August 20101,740.0$441.7€339.4
January 20101,500.0$395.1€273.7
October 20091,440.0$374.7€255.8
August 20091,400.0$365.5€258.8
December 20081,240.0$368.1€289.0
August 20081,200.0$396.0€254.2
December 2007980.0$311.7€211.2
October 2007960.0$304.8€214.8
August 2007900.0$288.5€210.8
November 2006800.0$258.6€203.6
September 2006780.0$251.8€196.0
August 2006760.0$247.2€193.4
July 2005630.0$217.9€180.5
June 2005570.0$197.4€159.7
May 2005510.0$175.1€135.3
September 2004450.0$150.0€124.2
January 2004350.0$153.9€93.8
December 2003300.0$100.4€84.7
November 2003290.0$100.8€86.9
October 2003280.0$96.2€82.6
September 2003270.0$91.4€83.9
August 2003260.0$88.7€79.1
July 2003250.0$89.1€78.0
January 2003300.0$103.4€84.8
January 2002200.0$65.3€227.3
January 2001200.0$200.1€215.3
January 2000200.0$200.1
January 1999200.0$200.1
January 1998200.0$200.1
January 1997200.0$200.1
January 1996200.0$200.1
January 1995200.0$200.1
August 1993200.0
Argentina - Minimum wages