Five of the selected Latin American countries experienced a decline in the average real wage in the last quarter of 2021 when compared to the same period of 2019. Brazil registered the largest fall compared to pre-pandemic levels. By contrast, Panama had an average real wage of 108.1 points, taking the fourth quarter of 2019 as the reference point, that is, 100 points, the largest increase amongst the selection.
Average real wage in Latin America and the Caribbean in the forth quarter of 2021 compared to fourth quarter 2019
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The regional average is based on the following countries: a Argentina, Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, El Salvador, Mexico, Nicaragua, Paraguay, Peru, the Plurinational State of Bolivia and Uruguay.
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Economic Commission for Latin America and the Caribbean. (August 21, 2022). Average real wage in Latin America and the Caribbean in the forth quarter of 2021 compared to fourth quarter 2019 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1333893/variation-level-of-employment-by-economic-activity-latin-america-caribbean/
Economic Commission for Latin America and the Caribbean. "Average real wage in Latin America and the Caribbean in the forth quarter of 2021 compared to fourth quarter 2019." Chart. August 21, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1333893/variation-level-of-employment-by-economic-activity-latin-america-caribbean/
Economic Commission for Latin America and the Caribbean. (2022). Average real wage in Latin America and the Caribbean in the forth quarter of 2021 compared to fourth quarter 2019. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1333893/variation-level-of-employment-by-economic-activity-latin-america-caribbean/
Economic Commission for Latin America and the Caribbean. "Average Real Wage in Latin America and The Caribbean in The Forth Quarter of 2021 Compared to Fourth Quarter 2019." Statista, Statista Inc., 21 Aug 2022, https://www.statista.com/statistics/1333893/variation-level-of-employment-by-economic-activity-latin-america-caribbean/
Economic Commission for Latin America and the Caribbean, Average real wage in Latin America and the Caribbean in the forth quarter of 2021 compared to fourth quarter 2019 Statista, https://www.statista.com/statistics/1333893/variation-level-of-employment-by-economic-activity-latin-america-caribbean/ (last visited July 22, 2024)
Average real wage in Latin America and the Caribbean in the forth quarter of 2021 compared to fourth quarter 2019 [Graph], Economic Commission for Latin America and the Caribbean, August 21, 2022. [Online]. Available: https://www.statista.com/statistics/1333893/variation-level-of-employment-by-economic-activity-latin-america-caribbean/
