🇵🇾 South America

Paraguay

Salary, tax, minimum wage and employer cost data.

CurrencyPYG (₲)
VAT10%
Fiscal yearJan-Dec
Pay cycleMonthly
Employee rate9.0%
Employer rate17.0%

Minimum wage in Paraguay

Monthly gross₲ 2,680,373
Monthly net (est.)₲ 2,350,000
Hourly gross₲ 15,955.00
Annual gross₲ 32,164,476
Annual net (est.)₲ 28,200,000

Average salary

Gross annual₲ 48,000,000
Net monthly₲ 3,200,000

Tax brackets

8% on income from personal services
10% on business income

Calculate salary in Paraguay

Salaries by profession in Paraguay

Related