Peru Peru - Minimum wages

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NMW Peru 2022

The minimum wage goes up in Peru

In 2022, the national minimum wage in Peru remained fixed at €224.3 per month, that is 2,692 euros per year, taking into account 12 payments per year.

If we look at the minimum salary in Soles, which is the official currency in Peru, we can see that, this year, it was 1,025 Soles and accordingly, the national minimum wage has been raised 95 Soles per month from the previous year, 10.22%. This increase is greater than the CPI of 2021 which was 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, Peru is in 76 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 Peru. You can see NMW in other countries in National Minimum Wage 2022 and see all the information about this country in Peru economy.

Peru - Minimum wages
DateNat. Curr. NMWNMWNMW
20221,025.0$267.3€224.3
2021930.0$239.7€212.0
2020930.0$266.1€250.8
2019930.0$278.7€242.4
2018930.0$283.0€239.5
2017850.0$260.7€242.6
2016850.0$251.9€229.1
2015750.0$235.5€206.6
2014750.0$264.2€194.8
2013750.0$277.6€223.2
2012750.0$284.4€215.9
2011675.0$245.1€183.0
2010580.0$205.3
2009550.0$182.6
2008550.0$188.1
2007530.0$169.4
2006500.0$152.7
2005460.0$139.6
2004460.0$134.8
2003460.0$132.2
2002410.0$116.6
2001410.0$116.9
2000410.0$117.5
1999345.0$102.0
1998345.0$117.8
1997345.0$129.5
1996215.0
1995132.0
Peru - Minimum wages
Peru - Minimum wages