Peru: average monthly income in Lima by gender 2020

Between December 2019 and February 2020, the average income for women working in Lima, Peru amounted to around 1,486 Peruvian soles per month. In turn, the average monthly income for men stood at 2,036 Peruvian soles, about 550 soles more than women.

Average salaries in Lima, Peru

According to the employment survey carried out by Peru's National Statistics Institute (INEI, for its acronym in Spanish), the average income of legal workers based in the Peruvian capital does not only vary by gender but also among different age groups and economic sectors. For instance, an employee aged 45 or more can earn almost twice as much as a worker who is up to 24 years old. In turn, construction workers have higher monthly salaries than employees in manufacture or retail.

Employment in Peru

More than half the working population in Peru is considered self-employed, one of the highest shares in Latin America. Even though Peru's unemployment rate has remained below four percent since 2009, the share of people out of employment in Lima doubles the national average. In addition, 1.5 million workers in Lima lack access to health insurance. After the coronavirus pandemic, the overall state of the Peruvian employment market could worsen, as the ensuing crisis is expected to stall the country's economic growth.