Mexico Average Salaries & Expenditures

 
Contents
Average Employment Income   Average Salary per Job   Average Salary per Sector   Total Personal Average Income   Consumption Expenditure
Workforce Composition   Vacation Time   Exchange Rates   Cost of Living   References
 

Average Employment Income

:
annual, per worker, incl. dependent & self employment
   Disposable (1)  Gross (2)   
2002
5,837
35,868
 
6,143
37,752
 
constant 2005 US$ at PPP
current pesos
(1)    Based on gross employment average income and social security / income tax expenditure for a single-earner married couple.
(2)    Based on salary & business average income per capita and proportion of employed workforce to total population.
Source: Encuesta National de Ingresos y Gastros de los Hogares [9], 2002.
 
 

Average Salary in Mexico - Job and Sector Comparison.

Job  Net Monthly Income  constant 2005 US$ (1) Notes                                                                               Gross Monthly Average Income (2) Compulsory Deductions (3) Weekly Hours (4)
 
Airline Pilot average income PPP $ 4,148 $ 2,529 Employees, 2004. 36,389 pesos 24% 45.0
Professor average income PPP $ 1,655 $ 1,059 Employees, 2005. 13,877 pesos 17% 42.0
Engineer average income PPP $ 1,562 $ 1,081 Employees, chemical engineer, 2002. 11,427 pesos 16% 51.0
Computer Programmer average income PPP $ 1,404 $ 886 Employees, 2003, insurance industry. 10,582 pesos 15% 49.0
Accountant average income PPP $ 1,363 $ 831 Employees, 2004. 10,689 pesos 15% 45.0
Flight Attendant average income PPP $ 1,276 $ 778 Employees, 2004. 10,005 pesos 15% 50.0
Teacher average income PPP $ 1,018 $ 651 Employees, 2005. 8,146 pesos 13% 38.0
Professional Nurse average income PPP $ 834 $ 534 Employees, 2005. 6,310 pesos 8% 42.0
Office Clerk average income PPP $ 759 $ 486 Employees, 2005. 5,564 pesos 5% 45.0
Firefighter average income PPP $ 726 $ 465 Employees, 2005. 5,266 pesos 4% 63.0
Carpenter average income PPP $ 679 $ 435 Employees, 2005. 4,875 pesos 3% 48.0
Car Mechanic average income PPP $ 626 $ 401 Employees, 2005. 4,448 pesos 2% 54.0
Bus Driver average income PPP $ 609 $ 389 Employees, 2005. 4,322 pesos 2% 64.0
Miner average income PPP $ 584 $ 368 Employees, 2003. 3,816 pesos 2% 48.0
Hotel Receptionist average income PPP $ 554 $ 355 Employees, 2005. 3,938 pesos 2% 51.0
Furniture Finisher average income PPP $ 552 $ 353 Employees, 2005. 3,920 pesos 2% 49.0
Wood Grinder average income PPP $ 523 $ 335 Employees, 2005. 3,716 pesos 2% 47.0
Postman average income PPP $ 501 $ 320 Employees, 2005. 3,558 pesos 2% 42.0
Salesperson average income PPP $ 468 $ 300 Employees, 2005. 3,326 pesos 2% 53.0
Baker average income PPP $ 450 $ 288 Employees, 2005. 3,197 pesos 2% 53.0
Chambermaid average income PPP $ 408 $ 261 Employees, 2005. 2,898 pesos 2% 50.0
Garment Cutter average income PPP $ 399 $ 255 Employees, 2005. 2,832 pesos 2% 48.0
Sector              
Mining-Quarrying average income PPP $ 1,002 $ 641 Employees, 2005. 8,204 pesos 15% 47.4
Financial average income PPP $ 970 $ 620 Employees, 2005. 7,756 pesos 13% 42.8
Gas-Electricity-Water average income PPP $ 747 $ 478 Employees, 2005. 5,716 pesos 9% 42.2
Education average income PPP $ 720 $ 461 Employees, 2005. 5,388 pesos 7% 32.1
Transport-Communication average income PPP $ 654 $ 418 Employees, 2005. 4,843 pesos 6% 52.9
Real Estate average income PPP $ 614 $ 393 Employees, 2005. 4,548 pesos 6% 46.4
Manufacturing average income PPP $ 551 $ 353 Employees, 2005. 4,039 pesos 5% 44.7
All Sectors average income PPP $ 548 $ 351 Employees, 2005. 4,018 pesos 5% 43.5
Construction average income PPP $ 535 $ 342 Employees, 2005. 3,918 pesos 5% 45.0
Hotels-Restaurants average income PPP $ 456 $ 292 Employees, 2005. 3,274 pesos 3% 46.1
 
  (1) The net average income in "constant 2005 US$" is computed using the Interbank nominal exchange rate [a] and the U.S. inflation rate [d]. The net average income in "constant 2005 US$" at PPP is computed using the IMF PPP exchange rate [d] and the U.S. inflation rate [d]. The latter reflects the purchasing power in the United States in 2005.
  (2) The gross monthly average income is based on data supplied by Instituto Nacional de Estadística Geografía e Informática to the International Labour Organization [9]. The average income includes the salaries and wages of paid employees. The income is representative of employees in area 2C. Employees include both men and women unless otherwise noted.
  (3) The compulsory deductions are obtained from the OECD Tax Database. The deductions include social security and income tax. The deductions are representative of single-earner-married-without-child status, and take into account family benefits in terms of cash transfers.
  (4) The weekly hours are based on data supplied by the Instituto Nacional de Estadística Geografía e Informática to the International Labour Organization [9]. The hours by job and by sector correspond to the hours actually worked. The hours by job are representative of area 2C.
 
 
 
 

Personal Average Income

:
annual, per capita, incl. non-monetary income
   Disposable (1)  Gross   Salary   Business   Property (2)  Transfer (3)    
2002
3,136
19,273
 
3,523
21,648
 
2,054
12,620
 
345
2,120
 
438
2,694
 
317
1,947
 
constant 2005 US$ at PPP
current pesos
(1)    Deductions include financial expenditure, capital investments, and taxes.
(2)    Excl. owner-imputed rent income. Incl. earnings of members of companies and cooperatives and households with business operating as a company.
(3)    Incl. social security benefits, remittances from abroad, grants and donations from non-governmental organizations, grants and donations from the government, gifts or donations in money from other households.
Source: Encuesta National de Ingresos y Gastros de los Hogares [9], 2002.
 

Consumption Expenditure

:
annual, per capita, incl. non-monetary expenditure
   Total   Health   Housing (1)  Food   Apparel   Education   Transport     
2002
3,034
18,646
 
87
533
 
484
2,974
 
827
5,083
 
166
1,021
 
264
1,620
 
397
2,442
 
constant 2005 US$ at PPP
current pesos
(1)    Incl. actual rentals, water, supply, repairs, fuel, lighting, furniture, household equipment, household cleaning. Excl. owner-imputed rent.
Source: Encuesta National de Ingresos y Gastros de los Hogares [9], 2002.
 

Workforce Composition

:
percentage of total workforce
   Primary (1)  Manufacturing   Education   Financial   Paid Employees   Unemployed  
2005 15.6   16.9   5.3   0.7   64.2   3.6  
%
(1)    Agriculture, hunting, forestry, fishing, mining, and quarrying.
Source: International Labour Organization [9].
 

Workforce Size

 :  
41.3 million (2005).
Source:   International Labour Organization [9].
 

Population

 :  
107.4 million (2006).
Source:   CIA World Factbook [b].
 

Compulsory Deductions

 :  
7.9% for a single with no child, 7.9% for a single with two children, 7.9% for a one-earner married couple with no child, and 7.9% for a one-earner married couple with two children.
Source:   OECD Tax Database [k], 2005, combined deductions including family allowances in terms of cash transfers on a gross monthly salary income of 6,667 pesos.
 

Vacation Time

 :  
7 days per year (legally required minimum vacation time) [e].
 

Inflation

 :  
255.1 (2001), 268.0 (2002), 280.2 (2003), 292.4 (2004), 304.2 (2005);
Source:   IMF inflation rates [d], Index: 1995=100.
 

PPP Exchange Rate

 :  
6.435 (2001), 6.666 (2002), 6.792 (2003), 6.865 (2004), 6.960 (2005);
Source:   IMF PPP exchange rates [d], pesos per U.S. dollar.
 

Nominal Exchange Rate

 :  
9.323 (2001), 9.629 (2002), 10.77 (2003), 11.26 (2004), 10.88 (2005);
Source:   Interbank nominal exchange rates [a], pesos per U.S. dollar.
 

Cost of Living

 :  
0.690 (2001), 0.692 (2002), 0.631 (2003), 0.610 (2004), 0.640 (2005);
Source:   Interbank nominal exchange rates [a] and IMF PPP exchange rates [d], US=1.000.
 

 

References

 
[9]   International Labour Organization. Compilation of average salary income worldwide. Classified by country, by employment category, and by gender.
[a]   Interbank nominal exchange rate, Oanda.com; historical currency converter for over 164 currencies and 3 metals.
[b]   CIA World Factbook.
[d]   World Economic Outlook Database, September 2006, International Monetary Fund.
[e]   Vacation - Wikipedia, from Wikipedia, the free encyclopedia.
[k]   OECD Tax Database. Annual database providing comparative information on personal and corporate income tax and consumption tax systems and rates in OECD countries since 2000. Information on social security contributions levied on employees and their employers is also reported.
 
Other links:
Social Security in Mexico, Social Security Programs Throughout the World, 2004-2005, compiled by the U.S. Social Security Administration.
Mexico Economy Overview, CIA World Factbook.
Mexico: Selected Internet Resources, U.S. Library of Congress.
Mexico: Statistics, Organization for Economic Co-Operation and Development (OECD).
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