Mexico: minimum wage to rise by 20% in 2023

An article by Ingmar Barrañon

Publication

9 December 2022 à 12h08

Reading time

2 minutes

Publication: 9 December 2022 à 12h08

Reading time: 2 minutes

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An article by Ingmar Barrañon

Publication

9 December 2022 à 12h08

Reading time

2 minutes

Publication: 9 December 2022 à 12h08

Reading time: 2 minutes

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On 1 January 2023, the minimum wage in Mexico is to rise from 260.34 pesos per day to 312.41 pesos (approximately €15) in the so-called Free Zone in the north of the country, while in the remainder the minimum wage will be hiked from 172.87 pesos per day to 207.44 pesos (approximately €10). Since 2019, the northern area bordering the United States has had a special regime for minimum wages and taxes because it accounts for 57.7% of the country’s imports. The minimum wages for specific...

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Ingmar Barrañon Freelance

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