In 2004, the national minimum wage in El Salvador remained fixed at €106.2 per month, that is 1,274 euros per year, taking into account 12 payments per year.
If we look at the minimum salary in United States dollars, which is the official currency in El Salvador, we can see that, this year, it was 134.1 United States dollars and accordingly, the national minimum wage has remained stable, while the CPI of 2003 which was 2.5%, so workers have lost purchasing power in the last year.
If we look at the ranking of the national minimum wage that we publish, El Salvador is in 38 nd place, so it is among the countries with the lowest minimum salary of the 74 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 El Salvador. You can see NMW in other countries in National Minimum Wage 2004 and see all the information about this country in El Salvador economy.