Peru  Minimum Wage, Labor Law, and Employment Data Sheet Peru Minimum Wage Rate 2024

Appx. Yearly Minimum Wage
$4,342.00 USD
Rank by Min. Wage
46 / 197
Gross National Product
$64,140.00 USD

Peru has a government-mandated minimum wage, and no worker in Peru can be paid less then this mandatory minimum rate of pay. Employers in Peru who fail to pay the Minimum Wage may be subject to punishment by Peru's government.

What is the Peru Minimum Wage?

Peru'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.

Peru's minimum wage rate is 750 Peruvian nuevos soles per month ($294) for all workers. Peru's minimum wage was last changed in 1-Jun-2012.

How does Peru's minimum wage compare to the minimum wage in other countries?

Peru's yearly minimum wage is $4,342.00 in International Currency. International Currency is a measure of currency based on the value of the United States dollar in 2009. There are 46 countries with a higher Minimum Wage then Peru, and Peru is in the top 23 percent of all countries based on the yearly minimum wage rate.

Facts and statistics about Peru

Peru is a country located in the South America region with a population of 25,662,000 and an average life span of 70.0 years.

Local Name Perú/Piruw
Gross National Product $64,140.00
Government Type Republic
Current Leader Valentin Paniagua Corazao
Independence Year 1821
Continent & Region South America, South America
Surface Area 1,285,216 square kilometers
ISO 3166 Country Code PE

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