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Home » Central and South America » How much is the minimum wage in Argentina 2020?

How much is the minimum wage in Argentina 2020?

December 14, 2021 by Bo Lang

As of December 1, 2020, the legal minimum wage in Argentina amounted to 20,587 Argentine pesos per month, an increase of around 9 percent when compared to the minimum monthly salary valid since October 1, 2020. By September 2021 this amount was due to increase to 29,160 Argentine pesos per month.

Contents

What is the minimum wage in Argentina per hour?

BUENOS AIRES, Sept 21 (Reuters) – Argentina on Tuesday raised the country’s minimum wage to 31,104 Argentine pesos ($316.51) a month starting in September, as persistent inflation eats away at purchasing power.

What is the pay rate in Argentina?

The average wage in Argentina is $1.89 (110ARS) hourly, $326.49 (19,014ARS) monthly, and $3,917.92 (228,168ARS) yearly. The highest yearly salaries are in the cities of Buenos Aires, Cordoba, and Rosario at $4,511.12, $4,472.83 and $4,438.21 respectively.

What country has the highest minimum wage 2020?

The minimum wage in New Zealand is among the highest in the world. While the above number is the OECD’s figure from 2020, the rate as of April 2021 is 20.00 NZD, or a little more than $14 per hour. However, there are lower minimums for trainees and a “starting-out” rate.

Which country has highest minimum wage?

The minimum wage in New Zealand is among the highest in the world. While the above number is the OECD’s figure from 2020, the rate as of April 2021 is 20.00 NZD, or a little more than $14 per hour. However, there are lower minimums for trainees and a “starting-out” rate.

What is Denmark’s minimum wage?

There is no statutory minimum wage in Denmark. Pay rates for blue-collar and white-collar workers are set through collective bargaining agreements. An agreement may set actual pay rates or minimum pay rates at the industry level.

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What is the cost of living in Argentina for a single person?

A single person estimated monthly costs are 440$ without rent. Cost of living in Argentina is, on average, 50.06% lower than in United States. Rent in Argentina is, on average, 80.86% lower than in United States.
Cost of Living in Argentina.

Restaurants Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 49.43$

How much is monthly salary in Argentina?

What is average wage in Argentina? Average Wages in Argentina increased to 79311 ARS/Month (826.925 USD/Month) in February 2021. The maximum rate of average wage for employees was 102567 ARS/Month and minimum was 913 ARS/Month. Data published Monthly by Minister of Labour, Employment and Social Services.

Is Argentina a poor country?

Argentina is a developing country. Its economy is the second-largest national economy in South America, behind Brazil.
Economy of Argentina.

Statistics
Inflation (CPI) 42.0% (2020 est.)
Population below poverty line 33% (2018) (UCA) 32.0% (2018, World Bank) 9.6% on less than $5.50/day (2018)

Is living in Argentina expensive?

According to numbeo.com, the cost of living in Argentina is 50% to 60% less than in the U.S. All told, you can expect to live comfortably on $1,500 per month. If you were particularly economical, you could expect to get by on about $1,000 per month.

What country has lowest salary?

Cuba is the country with the world’s lowest minimum wage. On a monthly basis, an employee in Cuba receives the minimum wage of 225 Cuban pesos –equivalent to $9.

What is minimum wage in China?

Effective Aug. 1, 2021, Beijing (Chinese) increased its monthly minimum wage to 2,320 yuan (U.S. $360.01) from 2,200 yuan (U.S. $341.39), the Beijing Municipal Human Resources and Social Security Bureau said. The bureau also said the hourly minimum wage increased to 13.3 yuan (U.S. $2.06) from 12.64 yuan ($1.96).

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Which country pays highest salary per hour?

Australia maintains the world’s highest minimum wage. As stipulated by the Fair Work Commission under the Australian federal government, the hourly minimum wage in Australia is estimated at $18.29 which is equivalent to the weekly minimum wage of $694.90.

Which country is best salary?

Top 10 Countries with the Highest Salary for Workers

  1. Luxembourg. Luxembourg is a small country situated in western Europe.
  2. United States. The United States accounts for approximately 25% of the global GDP.
  3. Switzerland.
  4. Norway.
  5. Netherlands.
  6. Australia.
  7. Denmark.
  8. Canada.

Who has the lowest minimum wage in the US?

Washington tops the list of states with the highest minimum wage while 15 states tie for last in terms of the lowest — $7.25, which is the federal minimum wage, according to the U.S. Department of Labor.

What is the highest salary in the world?

These are the 20 highest paying careers in the world:

  • CEO.
  • Psychiatrist.
  • Orthodontist. Average Salary: $228,500.
  • Gynecologist. Average Salary: $235,240.
  • Oral & Maxillofacial Surgeon. Average Salary: $243,500.
  • Surgeon. Average Salary: $251,000.
  • Anesthesiologist. Average Salary: $265,000.
  • Neurosurgeon. Average Salary: $381,500.

What is good salary in Denmark?

Science. The average salary for a microbiologist in Denmark is $8416. The average zoologist makes around 30242 while the botanists can make up to $8112.

How much is rent in Denmark?

As of 2020, the average rent in Denmark was approximately 844 Danish kroner per square meter. This was an increase from the previous year, when the average rental cost was 833 Danish kroner. Compared with other countries in the Europe, Denmark has one of the lowest home ownership rates.

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What is Denmark’s average income?

about 39,000 euros
The average annual income in Denmark is about 39,000 euros (nearly $43,000) and as such, the average Dane pays a total amount of 45 percent in income taxes.

Does the US dollar go far in Argentina?

Money Changers
US dollars are by far the preferred foreign currency, although Chilean and Uruguayan pesos can be readily exchanged at the borders. Cash dollars and euros can be changed at banks and cambios (exchange houses) in most larger cities, but other currencies can be difficult to change outside Buenos Aires.

How much is a Coca Cola in Argentina?

This statistic displays the average cost of two litres of Coca-Cola in Buenos Aires, Argentina from in 2018 and 2019. In 2019, the price for a two litre bottle of Coca-Cola in Buenos Aires amounted to approximately 1.60 U.S. dollar, down from 2.57 U.S. dollars a year earlier.

Filed Under: Central and South America

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About Bo Lang

Bo Lang loves exploring the world. A self-proclaimed "adventurer," Bo has spent his life traveling to new and exciting places. He's climbed mountains, explored jungles, and sailed across the ocean. He's even eaten the beating heart of a king cobra!

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