How much money does a person working in Paraguay make?
8,970,033 PYG per month
Average Monthly Salary
A person working in Paraguay typically earns around 8,970,033 PYG per month.
This is the average monthly salary including housing, transport, and other benefits.
Salaries differ drasticly between different jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Distribution of Salaries in Paraguay | All Jobs
Abount These Figures: Salary Range, Median and Percentiles
Salaries in Paraguay range between 1,214,128 PYG per month (minimum salary) to 39,720,643 PYG per month (maximum salary).
The median salary is 9,149,433 PYG per month, which means that half (50%) of the population are earning less than 9,149,433 PYG while the other half are earning more than 9,149,433 PYG. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population are earning less than 4,663,602 PYG while 75% of them are earning more than 4,663,602 PYG. Also from the diagram, 75% of the population are earning less than 25,412,440 PYG while 25% are earning more than 25,412,440 PYG.
What is the difference between the median and the average salary? What should you be looking at?
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary
Salary Trend and Forecast in Paraguay
How are Paraguay salaries changing over time? Listed below is a chart that shows the average salary over the past few years.
|Average Salary 2016|| = |
|Average Salary 2017|| +4% |
|Average Salary 2018|| +3% |
|Average Salary 2019|| +3% |
Percentage increase and decrease are relative to the previous value
Salaries in Paraguay are on the rise in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 3% higher than those of 2018. The trend suggests a slow yet continous increase in pay in 2020 and future years. These numbers differ slightly from industry to another.
Salaries for popular jobs
|Administrative Assistant||4,761,410 PYG|
|Biomedical Engineer||7,422,233 PYG|
|CAD Drafter||6,236,804 PYG|
|Chartered Accountant||7,515,998 PYG|
|Chief Executive Officer||18,924,801 PYG|
|Chief Financial Officer||18,115,966 PYG|
|Civil Engineer||7,585,512 PYG|
|Computer Technician||6,809,255 PYG|
|Creative Director||9,042,391 PYG|
|Developer / Programmer||7,404,698 PYG|
|Electrical Engineer||8,623,031 PYG|
|Elementary School Teacher||5,823,841 PYG|
|Executive Chef||7,563,858 PYG|
|Flight Attendant||7,657,950 PYG|
|General Manager||15,144,172 PYG|
|Graphic Designer||5,811,932 PYG|
|Hotel Manager||12,712,470 PYG|
|Human Resources Manager||11,541,755 PYG|
|Internal Auditor||8,469,946 PYG|
|Legal Assistant||6,270,586 PYG|
|Mechanical Engineer||8,394,998 PYG|
|Police Officer||6,998,863 PYG|
|Project Manager||10,173,786 PYG|
|Sales Manager||12,939,616 PYG|
|Sales Representative||5,770,765 PYG|
|Secondary School Teacher||7,158,147 PYG|
|Travel Agent||6,714,722 PYG|
|Waiter / Waitress||5,316,875 PYG|
Average Hourly Wage in Paraguay | All Jobs
51,750 PYG per hour
Average Hourly Wage
The average hourly wage (pay per hour) in Paraguay | All Jobs is 51,750 PYG. This means that the average person in Paraguay earns approximatly 51,750 PYG for every worked hour.
Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )
The hourly wage is the salary paid in one working hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.
Salary Comparison By City
7666667 - 3