Changes in average real wage in Latin America and Caribbean Q4 2019-Q4 2021

Published by Statista Research Department, Jul 21, 2023
Five of the selected Latin American countries experienced a decline in the average real wage in the last quarter of 2021 when compared to the same period of 2019. Brazil registered the largest fall compared to pre-pandemic levels. By contrast, Panama had an average real wage of 108.1 points, taking the fourth quarter of 2019 as the reference point, that is, 100 points, the largest increase amongst the selection.

Average real wage in Latin America and the Caribbean in the forth quarter of 2021 compared to fourth quarter 2019

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Release date

August 2022

Region

LAC

Survey time period

Q4 2021

Supplementary notes

The regional average is based on the following countries: a Argentina, Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, El Salvador, Mexico, Nicaragua, Paraguay, Peru, the Plurinational State of Bolivia and Uruguay.

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