According to a comparative analysis by the Fundación Ciudadana por un Consumo Responsable, El Salvador is at the top of the Central American maquila sector wage scenario with a figure of US$359.2. This amount, effective january 2025, is above Nicaragua (US$255.6).
The report notes that minimum wages in the Dominican Republic are in stark contrast. In the Dominican Republic it is US$274, while in Guatemala the minimum wage in the capital is US$426.8 and in Honduras it is US$471. These countries are among the best in the region, although they are still far from the highest wage in Latin America.
Costa Rica leads the ranking with a minimum wage in the maquila sector of US$784.1, the highest in the entire Latin American region. Panama, with US$646.4, is in second place, consolidating both countries as benchmarks in terms of the best minimum income.
At the Latin American level, Uruguay leads the countries with the highest national minimum wage, with US$536.3, followed by Chile (US$521.2) and Ecuador (US$470). In contrast, Brazil has the lowest wage in the region, with only US$249.
This analysis exposes the wage inequalities in the continent, where countries such as Argentina ($273.2) and Peru ($302.1) are at the lowest levels. Meanwhile, countries such as Colombia (US$324.5) occupy intermediate positions in the salary spectrum.