Mexico’s minimum wage surges to third-highest in Latin America
Mexico has climbed the rankings for minimum wage levels in Latin America and the Caribbean. Once among the lowest in the region, the country now holds third place. This marks a significant shift from its position just a few years ago.
In the past, Mexico’s minimum wage was the lowest in the region. During the neoliberal era, it even fell below Haiti’s. By 2025, however, the country had risen to sixth place.
Recent increases have pushed Mexico further up the list. It now stands third, with only Uruguay and Chile offering higher minimum wages. The rise reflects a steady improvement in wage policies over time.
The latest figures show Mexico’s minimum wage surpassing most of its neighbours. Only two countries in the region pay more. This change highlights a clear upward trend in labour compensation across the nation.
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