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Learn about the 3 countries with the highest minimum wages in Latin America | Answers

Learn about the 3 countries with the highest minimum wages in Latin America |  Answers

The economy It is a very important part of the development of every country because the stability of a country depends on it among other important aspects. In this sense, without a doubt, how much evaluation minimum wage This is a great indicator. Next, we're going to tell you which are the three countries with the highest minimum wages in Latin America, as indicated by Statista, along with other equally relevant details.

What are the three countries in Latin America with the highest minimum wages?

1) Costa Rica: CRC $358,609.50-678 dollars (about 2,700,000 COP).

2) Uruguay: 570 dollars- 2,200,000 COP.

3) Chile: 521 dollars- 2,000,000 COP.

What ranks Latin American countries with the highest and lowest minimum wages?

1) Costa Rica: 678 dollars

2) Uruguay: 570 dollars

3) Chile: 521 dollars

4) Ecuador: 460 dollars

5) Mexico: 440 dollars

6) Guatemala: 417 dollars

7) Paraguay: 367 dollars

8) El Salvador: 365 dollars

9) Bolivia: 342 dollars

10) Colombia: 335 dollars

11) Honduras: $329

12) Panama: 326 dollars

13) Brazil: $291

14) Peru: 277 dollars

15) Dominican Republic: 245 dollars

16) Argentina: 152 dollars

17) Venezuela: $3.61

According to the rankings, Peru is the country with the shortest population in South America

A study by the NCD Risk Factor Collaboration found that Peru ranks last in South America in terms of height, with an average height of 1.66 meters for men and 1.54 meters for women.

This data ranks Peruvian citizens among the lowest in the region. Although a study dated 2019 did not examine this aspect, the fact of short stature in Peru has genetic and nutritional bases.

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A combination of these factors may explain these characteristics in the Peruvian population, indicating a relationship between poor nutrition and height, highlighting the importance of adequately addressing health and nutritional conditions in the country.

Which are the largest South American countries in the world?

Among the 10 largest countries in the world, you can find Brazil and Argentina, which are ranked 6 and 9 respectively.

With an area of ​​8.5 million square kilometers, Brazil is the largest country in South America. With a population of 211 million within its territory, the country is classified as one of the 15 strongest countries in the world economy.

Then there's Argentina, which at 2.78 million square kilometers would be the largest of the Spanish-speaking countries. With 46 million people, it is considered one of the world's 30 economic powers, according to Cronista.

On the other hand, we have to mention that there are two other countries that stand out in the Americas in terms of grandeur, and they are Canada and the United States, which are ranked third and fifth respectively.

Canada has a population of 38 million and is one of the 9 largest economies in the world; With over 330 million people, the United States is considered one of the world's economic powerhouses.

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