#CryptoReboundStrategy Mexico leads the increase of the minimum wage in Latin America, but the situation is varied in the region
According to Diario La Razón, Mexico positions itself as the country with the largest increase in the minimum wage for 2025, with a 12% increase that brings it to US$416.6.
This significant increase aims to improve the living conditions of millions of Mexican workers.
A diverse panorama in the region
However, the situation of the minimum wage varies considerably in the rest of Latin America. Peru follows Mexico with a 10.24% increase, consolidating itself as the South American country with the largest increase in this area. Colombia, after lengthy negotiations, achieved a 9.54% increase.
In the case of Argentina, the minimum wage has experienced a series of adjustments in recent years, but its purchasing power has been affected by high inflation. Although there are no specific data for 2025 at the time of writing this note, it is important to mention that wage negotiations in Argentina tend to be complex and can vary according to different regions and sectors.
On the other hand, Venezuela faces an economic crisis that has severely impacted the purchasing power of its minimum wage. Despite some adjustments, the Venezuelan minimum wage remains one of the lowest in the region and is not enough to cover the basic needs of the population.
Minimum wage increases are the result of various negotiations between governments, unions, and employers.
In conclusion, while Mexico leads the region in terms of minimum wage increases, the situation in other Latin American countries is more complex and depends on various economic and political factors.