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 2022 is 45.9 million people. The labour force is 11.5 million. Unemployment is kept at 8–9%. 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 2022.

Minimum salary in Argentina

According to the Argentine Ministry of Labour, the official minimum wage in Argentina in 2022 is 38,940 pesos per month, equivalent to $345. The rate is effective from April 1, 2022. However, the minimum wage in Argentina for domestic workers is as follows:

  • General staff (cleaning, laundry, ironing) – 31,416.5 pesos per month

  • Maid/Nurse/Nanny – 34,935 pesos per month

  • Home staff for specific tasks – 35,806.5 pesos per month

  • Supervisor (supervises two or more domestic workers) – 38,541 pesos per month

Compared to 2021, Argentina's minimum wage increased by 15,386 pesos per month, or 39.5%, from 23,554 pesos (April 2021) to 38,940 pesos. Meanwhile, local workers received 33,000 pesos in February 2022.

Average salary in Argentina

According to Argentine statistical agencies, the average wage in Argentina in 2022 is 86,128 pesos per month, the equivalent of 765 U.S. dollars. That's a pretty good figure for the South American continent. In Brazil, for example, the average person earns about $460 a month, and in Uruguay, $810. Chileans boast higher salaries, exceeding $1,300 per month.

In 2020, Argentine workers received an average of 51,162 pesos per month, and in 2021 61,221 pesos. That is a significant increase in wages over two years. According to Argentine Labor Minister Claudio Moroni, workers in the private sector received a monthly wage increase of at least 4,000 pesos in early 2020. In general, the increase in minimum and average wages is largely due to the high rate of inflation in the country, which at the end of 2020 exceeded 40%, and in 2021 even 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.

In conclusion, the income tax rate in Argentina varies from 5% to 35%. At the minimum rate of 5%, annual income of less than 97,202 pesos is taxed. At the maximum rate of 35%, income over 1,555,232.07 pesos is taxed.

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