Peru Average Salaries & Expenditures

 
Contents
Average Salary per Job   Workforce Composition   Vacation Time  
Exchange Rates   Cost of Living   References
 
 

Average Salary in Peru - Job Comparison.

Job  Net Monthly Income  constant 2005 US$ (1) Notes                                                                               Gross Monthly Average Income (2) Compulsory Deductions (3) Weekly Hours (4)
 
Airline Pilot average salary PPP $ 4,801 $ 2,074 Employees, June 2002. Men only. 8,697 sols 26%
Accountant average salary PPP $ 3,741 $ 1,719 Employees, June 2005. Men only. 7,516 sols 25%
Flight Attendant average salary PPP $ 2,673 $ 1,228 Employees, June 2005. Women only. 5,301 sols 24%
Engineer average salary PPP $ 2,560 $ 1,176 Employees, power distribution and transmission engineer, June 2005. Men only. 5,077 sols 24%
Professor average salary PPP $ 1,599 $ 691 Employees, June 2002. 2,583 sols 17%
Computer Programmer average salary PPP $ 1,204 $ 520 Employees, insurance industry, June 2002. 1,922 sols 16%
Professional Nurse average salary PPP $ 1,149 $ 528 Employees, June 2005. Women only. 2,061 sols 16%
Office Clerk average salary PPP $ 1,102 $ 476 Employees, June 2002. Men only. 1,738 sols 15%
Teacher average salary PPP $ 1,097 $ 474 Employees, June 2002. 1,730 sols 15%
Salesperson average salary PPP $ 871 $ 376 Employees, June 2002. 1,373 sols 15%
Carpenter average salary PPP $ 714 $ 328 Employees, June 2005. Men only. 1,251 sols 14% 63.0
Auxiliary Nurse average salary PPP $ 613 $ 282 Employees, June 2005. Women only. 1,075 sols 14%
Miner average salary PPP $ 531 $ 226 Employees, June 2001. Men only. 815 sols 13% 52.6
Car Mechanic average salary PPP $ 458 $ 198 Employees, June 2002. Men only. 706 sols 13% 37.2
Baker average salary PPP $ 412 $ 189 Employees, June 2005. Men only. 713 sols 13% 42.9
Wood Grinder average salary PPP $ 398 $ 183 Employees, June 2005. Men only. 682 sols 12% 58.4
Garment Cutter average salary PPP $ 391 $ 180 Employees, June 2005. Men only. 670 sols 12% 53.4
Postman average salary PPP $ 386 $ 177 Employees, June 2005. Men only. 661 sols 12%
Hotel Receptionist average salary PPP $ 360 $ 155 Employees, June 2002. 548 sols 12%
Chambermaid average salary PPP $ 347 $ 159 Employees, June 2005. Women only. 587 sols 11% 28.7
Furniture Finisher average salary PPP $ 338 $ 155 Employees, June 2005. Men only. 573 sols 11% 48.2
Bus Driver average salary PPP $ 325 $ 140 Employees, June 2002. Men only. 489 sols 11% 31.9
 
  (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 the Instituto Nacional de Estadística e Informatica to the International Labour Organization [9]. The average income includes the salaries and wages of paid employees. Employees include both men and women unless otherwise noted.
  (3) The compulsory 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 e Informatica to the International Labour Organization [9]. The hours by job correspond to the hours actually worked.
 
 
 
 

Workforce Composition

:
percentage of total workforce
   Primary (1)  Manufacturing   Education   Financial   Paid Employees   Unemployed  
2001 (2) 9.4   12.5   7.2   0.6   43.7    
%
(1)    Agriculture, hunting, forestry, fishing, mining, and quarrying.
(2)    Urban areas only.
Source: International Labour Organization [9].
 

Workforce Size

 :  
7.6 million (2001, urban areas).
Source:   International Labour Organization [9].
 

Population

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

Vacation Time

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

Inflation

 :  
135.6 (2001), 137.6 (2002), 141.1 (2003), 146.0 (2004), 149.6 (2005);
Source:   IMF inflation rates [d], Index: 1995=100.
 

PPP Exchange Rate

 :  
1.470 (2001), 1.454 (2002), 1.469 (2003), 1.488 (2004), 1.507 (2005);
Source:   IMF PPP exchange rates [d], sols per U.S. dollar.
 

Nominal Exchange Rate

 :  
3.459 (2001), 3.366 (2002), 3.355 (2003), 3.318 (2004), 3.280 (2005);
Source:   Interbank nominal exchange rates [a], sols per U.S. dollar.
 

Cost of Living

 :  
0.425 (2001), 0.432 (2002), 0.438 (2003), 0.448 (2004), 0.459 (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 Peru, Social Security Programs Throughout the World, 2004-2005, compiled by the U.S. Social Security Administration.
Peru Economy Overview, CIA World Factbook.
Peru: Selected Internet Resources, U.S. Library of Congress.
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