Table 1. Monthly minimum wage, monthly income per capita, household net-adjusted disposable income and household financial wealth.
| Country | Monthly minimum wage,a US$ | Mean monthly income per capita,b US$ | Average monthly household net-adjusted disposable income,c US$ | Average monthly household financial wealth,d US$ |
|---|---|---|---|---|
| Argentina | 523 (since 9/2014) | 1230 | NA | NA |
| Brazil | 329 (since 7/2014) | 929 | 859 | 573 |
| Chile | 387 (since7/2014) | 1311 | 1147 | 1512 |
| Colombia | 306 (since 1/2014) | 652 | NA | NA |
| Ecuador | 340 (since 1/2014) | 477 | NA | NA |
| Mexico | 111 (since 1/2014) | 859 | 1071 | 871 |
| Peru | 259 (since 6/2012) | 550 | NA | NA |
NA: not available; OECD: Organisation for Economic Co-operation and Development; US$: United States dollars.
a The minimum wage per country was obtained from public announcements in the media. Local currencies were exchanged into US$ according to the official exchange rate of 1 September 2014.
b Income per capita from the 2013 database of the World Bank adjusted by authors to the mean value.
c Household net-adjusted disposable income from the OECD Better life index 2014. It is defined as the amount of money that a household earns, or gains, each year after taxes and transfers. It represents the money available to a household for spending on goods or services. The income reported in this publication is for 2011, http://www.oecdbetterlifeindex.org/topics/income/.
d Household financial wealth is from the OECD Better life index 2014. It is defined as the total value of a household’s financial worth, or the sum of its overall financial assets minus liabilities. Financial wealth takes into account: savings, monetary gold, currency and deposits, stocks, securities and loans. The wealth reported in this publication is for 2011, http://www.oecdbetterlifeindex.org/topics/income/.