Average Salary in Argentina 2024

Unveiling Argentina's Salary Landscape: A comprehensive exploration of pay scales, wage gaps, yearly increments, and breakdowns based on education level and years of experience. This insightful article delves deep into the intricacies of Argentina's salary system, shedding light on the prevailing wage disparities and highlighting the significance of educational qualifications and professional experience. Discover how salary structures evolve over time, as we scrutinize yearly increments and examine the remarkable impact they have on individuals' incomes. A must-read guide for understanding Argentina's complex salary dynamics and bridging the wage gap. Keep pace with the latest insights and optimize your financial goals with this SEO-optimized analysis.
Please be aware that the data we are providing is as accurate as possible at this early stage of the year 2024.

However, as we gather more data for 2024, we make adjustments to ensure the highest level of precision.

What is the average salary in Argentina in 2024?

What is the average salary in Argentina in 2024?
440USD
(USD 5,200 yearly)
Low 200 USD
Average 440 USD
High 2,000 USD
A person working in Argentina typically earns around USD 440 per month. Salaries range from USD 200 (lowest average) to USD 2,000 (highest average, actual maximum salary is higher). This is the average salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
In comparison with average salary in Argentina in 2023, salaries changed by +0.7% so far. Looking ahead, economists project a gradual recovery in the job market. The comprehensive comparison between 2023 and 2024 will be conducted at the year's end.

Pay Scale and Salaries in Argentina

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 2,000, 75% of the people earn USD 600 or less. 50% employees earn less USD 420 or less, 25% of the employees earn less than USD 320.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 2,000, 75% of the people earn USD 600 or less. 50% employees earn less USD 420 or less, 25% of the employees earn less than USD 320.

Minimum Wage and Starting Salary

Minimum Wage and Starting Salary refers to the fundamental pay levels for entry-level positions. It encompasses the legally mandated minimum wage and the initial compensation offered to new hires, impacting job seekers and employers alike. Understanding these figures is crucial for ensuring fair labor practices and successful career beginnings. In Argentina the minimum salary is USD 200.

Median Salary

The median salary in Argentina tends to reflect the middle point of all salaries in a dataset, with half of the values above and half below it. This indicator offers a more balanced outlook on income distribution and is frequently used to assess average earnings in various professions and industries.

Salary range and Percentile

Salary Range refers to the span between the lowest and highest salaries in a given dataset, indicating the scope of potential earnings. Percentile, on the other hand, represents a specific point in the range, showing how a salary compares to others in the dataset, making it useful for benchmarking pay levels. In Argentina the salary ranges from USD 200 to USD 2,000.

Annual Salary Increments in Argentina

What is the average annual salary increment in the Argentina? How frequently do employees receive salary raises?

During 2024, employees in Argentina witnessed an average salary growth of 0.7%. This represents an overall average across various job sectors. The worldwide average for 2024 is 0.7%.Download chartGet chart linkShare on FacebookShare on Twitter
In 2024 the workforce in Argentina experienced approximately 0.7% salary growth. It's important to highlight that this figure represents the average across diverse job sectors. Globally, the average salary increase for 2024 stands at 0.7%.

Historical Graph of Annual Salary Increments in Argentina

Employees based in Argentina have experienced a salary increase averaging 3.2% per year in recent years. This translates to a range of 0.7% to 6.8% increment per year.Download chartGet chart linkShare on FacebookShare on Twitter
On an average, employees in Argentina have received a salary increase ranging from 0.7% to 6.8% per year in recent years. This translates to an average increment of 3.2% per year.

Salary Forecast and Trends for the Future in Argentina

There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 3.1%. Estimated range is between 1.7% and 4.7%.Download chartGet chart linkShare on FacebookShare on Twitter
There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 3.1%. Estimated range is between 1.7% and 4.7%.

Gender Wage Gap in Argentina

What is the difference in pay between mens and womens? Men vs. women salary comparison.

Argentina has an actual wage gap of 6.3%.Download chartGet chart linkShare on FacebookShare on Twitter
In terms of wage disparity, Argentina experiences 6.3%.
It's due to many factors, such as:
  • Gender discrimination.
  • On average, women take 10% extra days off as paid vacation annually in comparison to men.
  • A college degree is more frequently attained by men than women.
  • When it comes to caregiving responsibilities for children and elderly relatives, women are more probable than men to take them on.
  • Part-time work is more common among women, and they typically earn less than their full-time counterparts.
  • In comparison to men, women are more likely to work in lower-paying occupations.

Salary Comparison by Education Level

How does the education level influence the amount of salary?

Completing high school and earning a bachelor's degree comes with a plethora of benefits. First and foremost, it significantly enhances career opportunities, allowing for higher income potential and greater access to diverse job prospects. Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge.Download chartGet chart linkShare on FacebookShare on Twitter

The Benefits of Transitioning from High School to a Bachelor's Degree

Completing high school and attaining a bachelor's degree yields a host of benefits. Above all, it significantly enhances career prospects by increasing earning potential and broadening access to a greater variety of job opportunities. Along with financial rewards, pursuing a bachelor's degree promotes personal growth, cultivates critical thinking skills, and allows for specialization in a chosen field of interest. Furthermore, it facilitates valuable networking possibilities and fosters the development of a global perspective. Ultimately, the journey from high school to a bachelor's degree is a transformative path that opens doors to a more fulfilling and prosperous future.

The Advantages of Progressing from a Bachelor's to a Master's Degree

Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. This advanced education often leads to even greater earning potential and career advancement opportunities. Additionally, master's programs often emphasize research and critical thinking, honing these skills for practical application in professional settings. Networking opportunities expand further, connecting students with experts in their fields. Lastly, pursuing a master's degree is a significant personal achievement, reflecting dedication and a commitment to lifelong learning, which can contribute to personal growth and fulfillment.

The Advantages of Advancing from a Master's to a Ph.D. Degree

Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge. This expertise often leads to prestigious career opportunities in academia, research, and leadership positions in various sectors. Ph.D. programs foster advanced critical thinking, problem-solving, and analytical skills, making graduates highly adaptable and innovative. Networking opportunities expand even further, with collaborations and connections in the global academic and professional communities. Pursuing a Ph.D. is a testament to perseverance, intellectual curiosity, and a commitment to pushing the boundaries of human understanding, ultimately leading to a fulfilling and influential career.

Salary Breakdown Based on Career Levels

How does an individual's salary evolve as time goes on?

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 15%-19% higher, reflecting higher skill level and value to the company. Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of approximately 7%-11%. Expertise and leadership attain higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 23%-27% higher, mirroring strategic influence and heightened leadership contributions.Download chartGet chart linkShare on FacebookShare on Twitter

Salary increase going from Junior to Intermediate

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 15%-19% higher, reflecting higher skill level and value to the company.

Elevation from Intermediate to Senior Role Brings Salary Advancement

Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of about 7%-11%. Expertise and leadership result in higher recognition and greater financial rewards.

Executive Promotion: Salary Increase from Senior Position

Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 23%-27% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Argentina

What is the average hourly wage in the Argentina?

Average Hourly Wage
3USD
Low 1 USD
Average 3 USD
High 11 USD

What are the disadvantages of being paid on an hourly wage basis?

  • Income instability: Hourly wages may result in irregular or fluctuating income, making it challenging to budget and plan for expenses.
  • Limited earning potential: Hourly workers may face limitations in terms of the number of hours they can work, which can restrict their earning potential compared to salaried positions.
  • Lack of benefits: Hourly workers often have fewer or limited benefits such as paid time off, health insurance, retirement plans, and other perks commonly associated with full-time employment.
  • Inconsistent work hours: Hourly workers may experience unpredictable work schedules, including shifts that vary in duration or irregular hours, which can disrupt work-life balance and make it difficult to maintain consistent routines.
  • Uncertain job security: Compared to salaried positions, job insecurity can be heightened in hourly positions due to their vulnerability to layoffs, downsizing, or changes in demand.
  • Limited career advancement: Certain hourly positions may offer limited chances for career advancement, professional growth, or upward movement within the company.
It's important to note that these disadvantages may not apply universally and can vary depending on specific job circumstances and individual preferences.

Highest and Lowest Paying Jobs in Argentina

What are the best paying jobs in Argentina?

List with best paid jobs in ArgentinaDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs Argentina?

  1. Surgeon (USD 1,900)
  2. Doctor (USD 1,800)
  3. Chief Executive Officer (CEO) (USD 1,700)
  4. Registered Nurse Anesthetist (USD 1,600)
  5. Dentist (USD 1,600)
  6. Airline Pilot (USD 1,500)
  7. Intellectual Property Lawyer (USD 1,500)
  8. Marketing Manager (USD 1,300)
  9. Marketing Director (USD 1,300)
  10. Sales Director (USD 1,200)
  11. Sales Manager (USD 1,200)
  12. Petroleum Engineer (USD 1,200)
  13. Brand Manager (USD 1,200)
  14. Marketer (USD 1,200)
  15. Judge (USD 1,200)
  16. Treasurer (USD 1,200)
  17. Controller (USD 1,200)
  18. Pharmacist (USD 1,100)
  19. Tax Lawyer (USD 1,100)
  20. Lawyer (USD 1,100)
List with worst paid jobs in ArgentinaDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Argentina?

  1. Cashier (USD 210)
  2. Childcare Worker (USD 220)
  3. Stock clerk (USD 220)
  4. Elder Care Worker (USD 220)
  5. Receptionist (USD 230)
  6. Bartender (USD 250)
  7. Food and beverage server (USD 250)
  8. Janitor (USD 250)
  9. Waiter (USD 260)
  10. Tour Guide (USD 260)
  11. Customer Service Representative (USD 310)
  12. Hotel Concierge (USD 320)
  13. Rehabilitation Counselor (USD 320)
  14. Travel Agent (USD 350)
  15. Secretary (USD 360)
  16. Painter (USD 370)
  17. Carpenter (USD 380)
  18. Bus Driver (USD 390)
  19. Artist (USD 390)
  20. Truck Driver (USD 400)
List with best paid industries in ArgentinaDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 1,300)
  2. Business and Management (USD 1,100)
  3. Marketing and Sales (USD 950)
  4. Engineering (USD 870)
  5. Law (USD 830)
  6. Accounting and Finance (USD 820)
  7. Computer and Information Technology (USD 810)
  8. Transportation and Logistics (USD 790)
  9. Science (USD 780)
  10. Education and Training (USD 650)
  11. Other (USD 480)
  12. Hospitality and Tourism (USD 400)
  13. Social Services (USD 330)
  14. Services (USD 300)