MINIMUM AND AVERAGE SALARY IN ARGENTINA

Argentina is a very beautiful country with vast natural resources, diverse climate, interesting traditions and gourmet cuisine, located in the south-eastern part of South America. It is washed by the waters of the Atlantic Ocean. Argentina is the second largest country on the continent (after Brazil).

Salary in Argentina

The population of Argentina in 2021 is 45.5 million people. The labour force is 11.5 million. Unemployment is kept at 11%. Today, quite a large number of foreigners find vacancies in the Argentine labour market. According to the local authorities, there are about 1 million illegal migrant workers in the country. Let's find out what salaries in Argentina in 2021.

Minimum salary in Argentina

According to the Argentine Ministry of Labour, the official minimum wage in Argentina in 2021 is 21,600 pesos per month, equivalent to $235. The rate is valid since march 1, 2021. However, the minimum wage in Argentina for domestic workers is as follows:

  • General staff (cleaning, laundry, ironing) – 22,765.50 pesos per month

  • Maid/Nurse/Nanny – 25,315 pesos per month

  • Home staff for specific tasks – 25,946.50 pesos per month

  • Supervisor (supervises two or more domestic workers) – 27,928 pesos per month

Compared to 2020, the minimum wage in Argentina increased by 1,013 pesos per month (4.92%), from 20,587 to 21,600 pesos. In January 2020 local workers received only 16,875 pesos.

Average salary in Argentina

According to the Argentinean statistical offices, the average salary in Argentina in 2021 is 61,221 pesos per month, equivalent to 660 American dollars. This is quite a good indicator for the South American continent. For example, in Brazil, workers an average get $505 a month, in Uruguay 715. Only Chileans can boast higher salaries than $1,100 a month.

In January 2020, Argentine workers received an average of 51,162 pesos a month. During the year, wages rose to 10,059 pesos. Argentine Labour Minister Claudio Moroni said that private sector workers received a monthly increase of at least 4,000 pesos in early 2020. In general, the increase in minimum and average wages is largely due to high inflation in the country, which at the end of 2020 exceeded 40%.

The highest wages in Argentina were recorded in the major cities – Buenos Aires, Córdoba and Rosario. For example, qualified foreigners with a deficit profession can expect to earn around $1,500-2,000 or more per month. The most highly paid profession in Argentina is the doctor. Experienced medical specialists get more than 5-6 thousand dollars a month.

Income tax rate in Argentina varies from 5 to 35%. At a minimum rate of 5% is taxed annual income less than 64,532.64 pesos per year. At a maximum rate of 35%, income over 1,032,522.30 pesos is taxed.

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