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 2020 is 45.1 million people. The labour force is 17.5 million. Unemployment is kept at 9%. 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 2020.

Minimum salary in Argentina

According to the Argentine Ministry of Labour, the official minimum wage in Argentina in 2020 is 16,875 pesos per month, equivalent to $255. The rate is valid since October 1, 2019. However, the minimum wage in Argentina for domestic workers is as follows:

  • General staff (cleaning, laundry, ironing) – 16,515 pesos per month

  • Maid/Nurse/Nanny – 18,364 pesos per month

  • Home staff for specific tasks – 18,822.5 pesos per month

  • Supervisor (supervises two or more domestic workers) – 20 260 pesos per month

Compared to 2019, the minimum wage in Argentina increased by 1,250 pesos per month (8%), from 15,625 to 16,875 pesos. In January 2018 local workers received only 9,500 pesos.

Average salary in Argentina

According to the Argentinean statistical offices, the average salary in Argentina in 2020 is 51,162 pesos per month, equivalent to 780 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 2019, Argentine workers received an average of 39,416 pesos a month. During the year, wages rose to 11,746 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 2019 exceeded 50%.

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 33,039.81 pesos per year. At a maximum rate of 35%, income over 528,636.91 pesos is taxed.

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