How much is the minimum salary in Peru this 2025? Know the new updated amount

On December 28, the president of the Republic, Dina Boluarte, announced a Increased minimum wage of S/105which began to apply from January 2025. This decision implies that private sector employers must adjust and regularize the remuneration of their employees. The purpose of this measure is improve purchasing power of workers in Peru, so a positive impact on their quality of life is sought.

How much is the minimum salary in Peru this 2025?

President Dina Boluarte announced at the end of December 2024 that the minimum vital remuneration (RMV), also known as minimum salary, was set in S/1,130 By 2025. During his statement, Boluarte stressed that this measure was taken with responsibility and in Peruvian benefit And he said: “We do not think of cheap populism or political opportunism.”

Since when does the increase in the minimum salary 2025 govern?

The increase in the minimum salary in Peru has already entered into force from the January 1, 2025. However, its application will depend on the calendar of each company or the date determined by the employer. In the private sector, the exact payment date will vary according to the internal provisions of each company. For its part, in the public sector, the new amount of vital minimal remuneration (RMV) It will be paid according to the official government schedule, respecting the usual salaries payment dates.

What workers will benefit from the increase in the minimum salary?

The new minimum salary in Peru will be perceived by the public and private sector workers They currently win the RMV. It is important to note that those employees whose salary exceeds this amount will not receive an adjustment in their remuneration.

Also, the Practical workersemployees at night and those who receive family assignment and have a minimum wage may begin to receive the new amount updated from the payment date established by their employers.

What position is Peru with respect to the minimum wage of other Latin American countries?

There are at least 12 countries of Latin America whose workers receive a greater amount from Peru, counting in dollars. This is the complete list:

• Costa Rica: $ 675 (358,609.50 Costa Rican colones)
• Uruguay: 556 dollars (22,268 Uruguayan pesos)
• Chile: 532 dollars (500,000 Chilean pesos)
• Ecuador: $ 460 ($ 460)
• Guatemala: 421 dollars (3,266 quetzales)
• Mexico: 416 dollars (7,468 Mexican pesos)
• Paraguay: 372 dollars ($ 2,798,309)
• El Salvador: 365 dollars ($ 365)
• Bolivia: 362 dollars (2,500 Bolivians)
• Honduras: 347 dollars (8,581 lempiras)
• Panama: 341 dollars ($ 341)
• Colombia: 323 dollars (1,300,000 Colombian pesos)
• Peru: 305 dollars ($ 1,130)
• Brazil: 260 dollars ($ 1,412)
• Dominican Republic: 241 dollars (14,232 Dominican pesos)
• Argentina: 163 dollars (234,315.12 Argentine pesos)
• Venezuela: $ 3.56 (130 bolivars)

How much has the increase in the latest minimum wages in Peru?

Since 2000, the minimum wage in Peru has experienced various increases through supreme decrees issued by the governments on duty. Next, the main registered increases are detailed:

• March 2000: The minimum salary went from S/345 to S/410, as provided in Supreme Decree No. 010.
• September 2003: During the presidency of Alejandro Toledo, he increased from S/410 to S/460 through Supreme Decree No. 019.
• January 2006: A new amount of S/500 was established with Supreme Decree No. 016.
• October 2007: Under the mandate of Alan García, the minimum wage rose to S/530 and, subsequently, in January 2008, reached S/550 with the Supreme Decrees No. 025 and No. 002, respectively.
• December 2010: The same government ordered an increase to S/580, and in February 2011, it was set at S/600 through supreme decrees No. 011 and No. 002.
• August 2011: With the publication of Supreme Decree No. 011, the minimum wage amounted to S/675.
• June 2012: A new amount of S/750 was established with Supreme Decree No. 007.
• March 2016: An increase to S/850 was formalized through Supreme Decree No. 005.
• March 2018: In that year, the minimum vital remuneration (RMV) rose to S/930 through Supreme Decree No. 004.
• May 2022: The penultimate registered increase brought the minimum wage of S/930 to S/1,025, in accordance with Supreme Decree No. 003.

What is RMV?

The Minimum vital remuneration (RMV)also called the minimum salary, it is the minimum amount that an employer must pay to its workers for a Complete workday, in accordance with the provisions of the Government. Its main purpose is to ensure that employees receive sufficient income to meet their essential needs and those of their families, including food, housing and access to health services.