El Salvador Minimum Wage Rate 2024
El Salvador has a government-mandated minimum wage, and no worker in El Salvador can be paid less then this mandatory minimum rate of pay. Employers in El Salvador who fail to pay the Minimum Wage may be subject to punishment by El Salvador's government.
What is the El Salvador Minimum Wage?
El Salvador's Minimum Wage is the lowest amount a worker can be legally paid for his work. Most countries have a nation-wide minimum wage that all workers must be paid.
El Salvador's minimum wage rate is US$242.40 a month for retail employees; US$237.00 for industrial laborers; US$202.80 for apparel assembly workers; and US$113.70 for agriculture industry workers. El Salvador's minimum wage was last changed in 1-Jan-2014.
How does El Salvador's minimum wage compare to the minimum wage in other countries?
El Salvador's yearly minimum wage is $2,187.00 in International Currency. International Currency is a measure of currency based on the value of the United States dollar in 2009. There are 74 countries with a higher Minimum Wage then El Salvador, and El Salvador is in the top 38 percent of all countries based on the yearly minimum wage rate.
Facts and statistics about El Salvador
El Salvador is a country located in the Central America region with a population of 6,276,000 and an average life span of 69.7 years.
Local Name | El Salvador |
Gross National Product | $11,863.00 |
Government Type | Republic |
Current Leader | Francisco Guillermo Flores Pérez |
Independence Year | 1841 |
Continent & Region | North America, Central America |
Surface Area | 21,041 square kilometers |
ISO 3166 Country Code | SV |
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