Real minimum wages at constant prices — Statutory minimum wages in Costa Rica
Costa Rica: Real minimum wages at constant prices — Statutory minimum wages was 9,479 US dollars, exchange rate converted in 2025. ▲ Rising
Real minimum wages at constant prices — Statutory minimum wages in Costa Rica, 1995–2025
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.
Analysis
In 2025, real minimum wages at constant prices — statutory minimum wages in Costa Rica stood at 9,479 US dollars, exchange rate converted. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 2.4% on the previous year and up 25.2% over ten years.
Over the whole period, real minimum wages at constant prices — statutory minimum wages in Costa Rica peaked at 9,479 US dollars, exchange rate converted in 2025 and was at its lowest, 5,816 US dollars, exchange rate converted, in 1996.
That places Costa Rica 20th out of 26 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Real minimum wages at constant prices — Statutory minimum wages in Costa Rica, year by year
| Year | US dollars, exchange rate converted | Change |
|---|---|---|
| 1995 | 5,846 US dollars, exchange rate converted | — |
| 1996 | 5,816 US dollars, exchange rate converted | -0.5% |
| 1997 | 6,096 US dollars, exchange rate converted | +4.8% |
| 1998 | 6,225 US dollars, exchange rate converted | +2.1% |
| 1999 | 6,301 US dollars, exchange rate converted | +1.2% |
| 2000 | 6,280 US dollars, exchange rate converted | -0.3% |
| 2001 | 6,393 US dollars, exchange rate converted | +1.8% |
| 2002 | 6,313 US dollars, exchange rate converted | -1.2% |
| 2003 | 6,359 US dollars, exchange rate converted | +0.7% |
| 2004 | 6,286 US dollars, exchange rate converted | -1.1% |
| 2005 | 6,334 US dollars, exchange rate converted | +0.7% |
| 2006 | 6,402 US dollars, exchange rate converted | +1.1% |
| 2007 | 6,459 US dollars, exchange rate converted | +0.9% |
| 2008 | 6,589 US dollars, exchange rate converted | +2.0% |
| 2009 | 6,669 US dollars, exchange rate converted | +1.2% |
| 2010 | 6,905 US dollars, exchange rate converted | +3.6% |
| 2011 | 6,994 US dollars, exchange rate converted | +1.3% |
| 2012 | 7,112 US dollars, exchange rate converted | +1.7% |
| 2013 | 7,173 US dollars, exchange rate converted | +0.9% |
| 2014 | 7,143 US dollars, exchange rate converted | -0.4% |
| 2015 | 7,569 US dollars, exchange rate converted | +6.0% |
| 2016 | 7,783 US dollars, exchange rate converted | +2.8% |
| 2017 | 7,658 US dollars, exchange rate converted | -1.6% |
| 2018 | 7,674 US dollars, exchange rate converted | +0.2% |
| 2019 | 7,717 US dollars, exchange rate converted | +0.6% |
| 2020 | 7,855 US dollars, exchange rate converted | +1.8% |
| 2021 | 8,891 US dollars, exchange rate converted | +13.2% |
| 2022 | 8,383 US dollars, exchange rate converted | -5.7% |
| 2023 | 9,048 US dollars, exchange rate converted | +7.9% |
| 2024 | 9,252 US dollars, exchange rate converted | +2.3% |
| 2025 | 9,479 US dollars, exchange rate converted | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6,057 US dollars, exchange rate converted | 5,816 US dollars, exchange rate converted | 6,301 US dollars, exchange rate converted | 5 |
| 2000s | 6,408 US dollars, exchange rate converted | 6,280 US dollars, exchange rate converted | 6,669 US dollars, exchange rate converted | 10 |
| 2010s | 7,373 US dollars, exchange rate converted | 6,905 US dollars, exchange rate converted | 7,783 US dollars, exchange rate converted | 10 |
| 2020s | 8,818 US dollars, exchange rate converted | 7,855 US dollars, exchange rate converted | 9,479 US dollars, exchange rate converted | 6 |
Countries ranked near Costa Rica
- 17 Czechia 11,407 US dollars, exchange rate converted compare
- 18 Romania 10,871 US dollars, exchange rate converted compare
- 19 Hungary 9,882 US dollars, exchange rate converted compare
- 21 Bulgaria 7,448 US dollars, exchange rate converted compare
- 22 Chile 6,551 US dollars, exchange rate converted compare
- 23 Colombia 4,917 US dollars, exchange rate converted compare
More economy & growth data for Costa Rica
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.74 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.3 Percent per annum (2029)
- GNI (current LCU), annual growth rate 3 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 458.07 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 9.15 million current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -17.93 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual -15.28 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 1.57 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0753 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 1,504 current US$ per person (2025)
Frequently asked questions
- What is real minimum wages at constant prices — statutory minimum wages in Costa Rica?
- Real minimum wages at constant prices — statutory minimum wages in Costa Rica was 9,479 US dollars, exchange rate converted in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest real minimum wages at constant prices — statutory minimum wages recorded in Costa Rica?
- The highest recorded value was 9,479 US dollars, exchange rate converted in 2025.
- What is the lowest real minimum wages at constant prices — statutory minimum wages recorded in Costa Rica?
- The lowest recorded value was 5,816 US dollars, exchange rate converted in 1996.
- How does Costa Rica rank for real minimum wages at constant prices — statutory minimum wages?
- Costa Rica ranks 20th out of 26 countries with data for 2025.
- Is real minimum wages at constant prices — statutory minimum wages rising or falling in Costa Rica?
- Over the last ten years it is up 25.2%. The long-run trend across the full record is rising.
- Where does this Costa Rica data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Real minimum wages at constant prices — Statutory minimum wages. Statizoid updates them automatically from the source API.
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About this data
Real minimum wages are statutory minimum wages converted into a common hourly and annual pay period for the 30 OECD countries and two other non-member countries for which they are available. Real hourly and annual minimum wages are calculated first by deflating the series using the consumer price index taking 2024 as the base year then converted into common currency units 1) US dollars (USD) and 2) USD using Purchasing Power Parities (PPPs) for private consumption expenditures in 2024.