Economist Ellen Perez Ducy writes in Diario Libre on 6 March 2025 that the minimum wage raises have had little impact on inflation over the past decades. The Abinader administration recently announced a gradually phased in 20% minimum wage rise for non-sectorized private sector workers.
She reports that the non-sectorized private worker minimum wage is as of March 2025 US$446.6 for large companies, US$409.4 for medium-sized companies and US$274.3 for small companies. She says the amounts are double the nominal minimum wage in 2011, for a 41% real increase.
She mentions that past increases in 2015, 2017, 2019, and 2021 took place at a time when inflation was stable at around 4.39% and expects this to be the same this time around.
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Diario Libre
6 March 2025