Minimum and Average Monthly Wages in 10 Latin American Countries, 2000-2024

Juan Moises de la Serna Tuya's dataset tracks the historical evolution of the minimum wage and average monthly wage for ten Latin American countries from 2000 to 2024. It includes variables for country, year, minimum wage in local currency and USD, average monthly wage in USD, and source references. Data was compiled via Perplexity AI, citing primary sources like the ILO and national statistical institutes.

Use Cases

• Analyzing wage growth and purchasing power parity across countries based on the Salario_Minimo_USD and Salario_Medio_Mensual_USD columns.
• Comparing national minimum wage policies over time using the Pais, Ano, and Salario_Minimo_Moneda_Local fields.
• Assessing income inequality by calculating the ratio between average and minimum wages for a given country and year.
• Validating economic models with sourced historical wage data referenced in the Fuente_Referencia column.

Strengths

• Covers a 25-year time series (2000-2024) for longitudinal analysis.
• Includes data for ten major Latin American countries, allowing for regional comparison.
• Provides wage values in both local currency and USD, facilitating cross-country and international analysis.
• Is openly licensed under CC-BY-4.0, permitting reuse with attribution.

Limitations

• The exact row count is not specified, and the file size of 95627 bytes suggests a relatively small dataset.
• Data collection methodology involves an AI-assisted synthesis of primary sources, which may introduce intermediate processing steps.
• Metadata for some platforms lacks detailed column specifications, relying on the description for variable names.

Provenance

Source

Compiled from ILO (OIT), INDEC, IBGE, DANE, INE, TradingEconomics, and other governmental sources.

Collection Method

Data obtained via Perplexity AI with references to primary sources.

Time Range

2000 to 2024

Freshness

2026-03-21 16:52:07

Geography

Argentina, Brazil, Mexico, Colombia, Chile, Peru, Ecuador, Bolivia, Uruguay, Paraguay