INEI is the agency that publishes statistics on the behavior of Peruvians. Photo: LR composite/GLR file
The National Institute of Statistics and Informatics (INEI), in its technical report on the situation of the labor market in metropolitan Lima, indicates that the average monthly income of Peruvians working in this region of the country is S/1,926.10. This figure is 6.8% higher than the previous year's quarter.
It should be noted that the company calculates this amount from the total wages received by the employees. Dependent and independent workers in their primary and/or secondary function. This includes extraordinary income (Christmas and national holidays bonus, bonus for your last holiday, school bonus, compensation for service time, profit sharing, etc.).
How much do Peruvians earn on average?
Likewise, the report indicates that the average income earned by Peruvians across all regions of the country is S/1,674.40. This figure is derived from an analysis of 2023 earnings, which is 9.9% higher (S/150.40) than that announced in 2022 (S/1524.00). In urban area it was S/1,833.20, S/953.20 higher than that recorded in rural area which was S/880.00.
Regarding the breakdown by age, INEI indicated that the average monthly income of those aged 25 to 44 was S/1,814.50 (an increase of 10.5% compared to 2022). For a group of persons 45 years of age or older, the amount is S/1,662.90 (10% more). Finally, for Peruvians between the ages of 14 and 24, their monthly income was S/1,133.50 (3.3% higher).
On the other hand, the company also took into account the division by gender. The average income of the female gender is stable at S/1,405.10 with an increase of 12.7% (S/158.20), while the income for the male gender is S/1,873.50, which is 8.5% higher than in 2023 (S/146.90).
Average monthly income. Photo: INEI capture
INEI: Which sector has the best returns in 2023?
According to INEI report, the construction sector is the best earner with S/2,029.20 per month. Then, followed by services (S/1,996.20), manufacturing (S/1,734 soles), trade (S/1,483.60) and mining, fishing and agriculture, with (S/992).
Unemployment rate 2023 according to INEI
In 2023, the country's unemployment rate was 5.4%, 0.7% higher than the previous year (4.7%). By area of ​​residence, the urban unemployment rate was 6.3%, 4.7% higher than that recorded in rural areas (1.6%).
Also, according to the data, the female unemployment rate (6.4%) was 1.9% higher than the male unemployment rate (4.5%). Similarly, by age, the youth unemployment rate between 14 and 24 years stands at 10.9%; In the 25 to 44 age group, 5.0%; and among those 45 years and older, 3.4%.
Finally, according to the level of education achieved, unemployment affected 7.2% and 6.1% of the population with university higher education and non-university higher education, respectively; Meanwhile, unemployment affected 2.6% and 5.5% of those with primary or lower education level and secondary education, respectively.
INEI: What is the survey model?
The report was prepared in conjunction with the results of the Permanent National Employment Survey (EPEN), which is conducted every quarter due to the rapid social and economic changes and the emergence of new work patterns observed in the country in recent years.
In the fourth quarter of 2023, the sample size was 33,992 private households distributed among 7,510 joint ventures and at the city level, 27,420 private households distributed among 6,295 joint ventures. This special survey allows for the first time to present to the country the behavior of labor market indicators on a quarterly basis at the level of 26 cities: Abanque, Arequipa, Ayacucho, Cajamarca, Chachaboas, Sigleo, Simpot, Cuzco, Huancavelica, Huancayo. , Huánuco , Huaraz, Ica, Iquitos, Metropolitan Lima and the constitutional province of Callao, Moquegua, Moyobamba, Cerro de Pasco, Piura, Pucallpa, Puerto Maldonado, Puno, Tacna, Tarapoto, Trujillo and Tumbes.
