Economy
Source: OECD (via DBnomics). · updated 2024-12-31
Mexico's minimum wages stands at 5,892 as of 2024-12-31, up from 5,141 in 2023. Historical data runs from 1990 to 2024 (35 observations).
In 2024, Mexico's minimum wages was 5,892, up from 5,141 in 2023.
In 2023, Mexico's minimum wages was 5,141, up from 4,521 in 2022.
In 2022, Mexico's minimum wages was 4,521, up from 3,999 in 2021.
In 2021, Mexico's minimum wages was 3,999, up from 3,675 in 2020.
In 2020, Mexico's minimum wages was 3,675, up from 3,167 in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 5,892 | +750.13 |
| 2023 | 5,141 | +619.97 |
| 2022 | 4,521 | +522.61 |
| 2021 | 3,999 | +323.68 |
| 2020 | 3,675 | +508.14 |
| 2019 | 3,167 | +343.01 |
| 2018 | 2,824 | +140.58 |
| 2017 | 2,683 | +86.74 |
| 2016 | 2,597 | +84.19 |
| 2015 | 2,513 | +50.02 |
| 2014 | 2,463 | -2.87 |
| 2013 | 2,465 | +10.7 |
| 2012 | 2,455 | +3.83 |
| 2011 | 2,451 | +16.45 |
| 2010 | 2,434 | +16.11 |
| 2009 | 2,418 | -15.6 |
| 2008 | 2,434 | -26.1 |
| 2007 | 2,460 | -1.83 |
| 2006 | 2,462 | +8.74 |
| 2005 | 2,453 | +11.78 |
| 2004 | 2,441 | -10.15 |
| 2003 | 2,451 | -1 |
| 2002 | 2,452 | +17.28 |
| 2001 | 2,435 | +13.85 |
| 2000 | 2,421 | +12.5 |
| 1999 | 2,409 | -81.44 |
| 1998 | 2,490 | +11.02 |
| 1997 | 2,479 | -29.75 |
| 1996 | 2,509 | -208.75 |
| 1995 | 2,718 | -401.23 |
| 1994 | 3,119 | +0.0664 |
| 1993 | 3,119 | -48.34 |
| 1992 | 3,167 | -147.48 |
| 1991 | 3,315 | -155.57 |
| 1990 | 3,470 | — |
Source: OECD (via DBnomics). · Download this series as CSV — free, attribution required (CC BY 4.0).
Mexico's minimum wages is 5,892 as of 2024-12-31, compared with 5,141 in 2023. Source: OECD (via DBnomics).
The highest recorded value is 5,892 (2024); the lowest is 2,409 (1999), across data from 1990 to 2024.
Source: OECD (via DBnomics). Figures are republished with attribution and updated as the source releases new observations.