Costa Rica Costa Rica - Minimum wages

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NMW Costa Rica 2020

Costa Rica rises the national minimum wage

In 2020, the national minimum wage in Costa Rica remained fixed at 428.8 € per month, that is 5,146 euros per year, taking into account 12 payments per year.

If we look at the minimum salary in Costa Rican colones, which is the official currency in Costa Rica, we can see that, this year, it was 276,120 Costa Rican colones and accordingly, the national minimum wage has been raised 6,798 Costa Rican colones per month from the previous year, 2.52%. This increase is greater than the CPI of 2019 which was 1.5%, so workers have gained buying power in the last year.

If we look at the ranking of the national minimum wage that we publish, Costa Rica is in 42 nd place, so it is among the countries with the lowest minimum salary of the 100 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 Costa Rica. You can see NMW in other countries in National Minimum Wage 2020 and see all the information about this country in Costa Rica economy.

Costa Rica - Minimum wages
DateNat. Curr. NMWNMWNMW
January 2020276,120.0481.7 $428.8 €
December 2019526.4 $
January 2019269,322.0441.8 $385.9 €
December 2018520.4 $
January 2018262,298.1460.0 $383.6 €
December 2017516.5 $
January 2017256,075.4460.4 $436.8 €
December 2016538.1 $
January 2016256,075.4476.4 $437.6 €
December 2015535.9 $
January 2015249,087.5459.6 $378.6 €
December 2014495.9 $
January 2014233,196.2464.3 $336.7 €
December 2013373.4 $
January 2013224,069.6441.1 $334.4 €
December 2012349.6 $
January 2012211,112.2413.5 $319.6 €
December 2011327.2 $
January 2011198,665.7387.8 $290.3 €
December 2010296.2 $
January 2010187,028.9332.9 $231.1 €
December 2009248.3 $
January 2009170,937.0308.9 $222.0 €
December 2008247.8 $
January 2008156,612.0315.2 $214.1 €
December 2007218.2 $
January 2007135,346.0261.3 $198.4 €
December 2006240.0 $
January 2006122,685.0
December 2005227.9 $
January 2005108,880.0
December 2004216.9 $
January 200494,966.7
December 2003214.6 $
January 200385,535.0
December 2002215.6 $
January 200277,578.0
December 2001218.8 $
January 200171,962.0
December 2000206.2 $
January 200063,539.0
December 1999201.1 $
January 199957,456.0
December 1998200.5 $
January 199851,580.0
December 1997194.5 $
January 199745,237.0
December 1996183.5 $
January 199638,113.0
December 1995181.4 $
January 199532,601.0
Costa Rica - Minimum wages