In 2014, the national minimum wage in Costa Rica remained fixed at €336.7 per month, that is 4,040 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 233,196.2 Costa Rican colones and accordingly, the national minimum wage has been raised 9,126.6 Costa Rican colones per month from the previous year, 4.07%. This increase is greater than the CPI of 2013 which was 3.7%, 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 35 nd place, so it is among the countries with the lowest minimum salary of the 108 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 2014 and see all the information about this country in Costa Rica economy.