Mexico Average Hourly Earnings 2024: $5.27
Mexico's average hourly earnings in 2024 is $5.27, up 8.7% from 2023. It ranks #28 of 41 countries.
Average hourly earnings compare employee pay rates globally, offering insights into wage disparities and economic strength.
Source (2024): Average hourly earnings of employees | Our World in Data
Where Mexico ranks (2024)
#28 of 41- #26
Peru5.81 USD - #27
El Salvador5.58 USD - #28
Mexico5.27 USD - #29
Republic of Moldova5.14 USD - #30
Honduras4.81 USD
Average Hourly Earnings over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2024 | 5.27 USD | +0.42 USD | +8.69% | |
| 2023 | 4.85 USD | +0.69 USD | +16.57% | |
| 2022 | 4.16 USD | +0.21 USD | +5.35% | |
| 2021 | 3.95 USD | +0.07 USD | +1.70% | |
| 2020 | 3.88 USD | +0.4 USD | +11.65% | |
| 2019 | 3.48 USD | +0.04 USD | +1.19% | |
| 2018 | 3.43 USD | +0.09 USD | +2.63% | |
| 2017 | 3.35 USD | 0.11 USD | -3.13% | |
| 2016 | 3.45 USD | +0.13 USD | +3.88% | |
| 2015 | 3.33 USD | +0.08 USD | +2.40% | |
| 2014 | 3.25 USD | 0.04 USD | -1.16% | |
| 2013 | 3.29 USD | +0.08 USD | +2.56% | |
| 2012 | 3.2 USD | +0.03 USD | +0.85% | |
| 2010 | 3.18 USD | — | — |
Frequently Asked Questions About Mexico Average Hourly Earnings
What is Mexico's average hourly earnings in 2024?▾
Mexico's average hourly earnings is $5.27 in 2024, according to Average hourly earnings of employees | International Labour Organization via Our World in Data.
Is Mexico's average hourly earnings increasing or decreasing?▾
Mexico's average hourly earnings rose by 8.7% from 2023 ($4.85) to 2024 ($5.27). Over the past decade (2014–2024) it rose by 62.2%.
How does Mexico rank for average hourly earnings?▾
In 2024, Mexico has the 28th highest average hourly earnings out of 41 countries with data.
What was Mexico's average hourly earnings in 2010?▾
In 2010, Mexico's average hourly earnings was $3.18. By 2024 it rose by 65.8%.
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