Paraguay Minimum Wage Rate 2018
Paraguay has a government-mandated minimum wage, and no worker in Paraguay can be paid less then this mandatory minimum rate of pay. Employers in Paraguay who fail to pay the Minimum Wage may be subject to punishment by Paraguay's government.
What is the Paraguay Minimum Wage?
Paraguay'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.
Paraguay's minimum wage is 1,824,055 Paraguayan guaraníes per month ($330). A special minimum wage of 40% of the regular minimum wage is set for domestic workers,and deductions are made for housing and food. Paraguay's minimum wage was last changed in 1-Mar-2014.
How does Paraguay's minimum wage compare to the minimum wage in other countries?
Paraguay's yearly minimum wage is $6,518.00 in International Currency. International Currency is a measure of currency based on the value of the United States dollar in 2009. There are 31 countries with a higher Minimum Wage then Paraguay, and Paraguay is in the top 16 percent of all countries based on the yearly minimum wage rate.
Facts and statistics about Paraguay
Paraguay is a country located in the South America region with a population of 5,496,000 and an average life span of 73.7 years.
|Gross National Product||$8,444.00|
|Current Leader||Luis Ángel González Macchi|
|Continent & Region||South America, South America|
|Surface Area||406,752 square kilometers|
|ISO 3166 Country Code||PY|
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