Latin America & Caribbean: gender pay gap index 2024, by country

Gender pay gap index based on estimated earned income in selected countries of Latin America and the Caribbean in 2024

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Source

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Release date

June 2024

Region

LAC

Survey time period

2024

Special properties

1 = equality; 0 = inequality; based on estimated earned income per capita in constant international U.S. dollars

Supplementary notes

Figures have been rounded. The index scores shown in the graph may slightly differ to the original three-decimal scores.

The source provides the following additional information: "The estimated female earned income (…) is computed using female and male shares of the economically active population, the ratio of the female to male wages (both indicators are sourced from the ILO), gross domestic product valued at constant 2017 international dollars (IMF), and female and male shares of population (World Bank). Female and male wage measures used in the computation of the gender wage ratio correspond to the mean nominal monthly earnings of female and male employees, respectively. In the absence of wage data, a gender wage ratio of 0.75 is used in the computation of the wage bill. ILO’s measure of earning corresponds to the mean of monthly earnings of all employees in nominal terms.
The earnings of employees relate to the gross remuneration in cash and in kind paid to employees, as a rule at regular intervals, for time worked or work done together with remuneration for time not worked, such as annual vacation, other type of paid leave or holidays. Earnings exclude employers’ contributions with respect to their what employees paid to social security and pension schemes as well as the benefits received by employees under these schemes. Earnings also exclude severance and termination pay. Statistics of earnings relate to the gross remuneration of employees, i.e. the total before any deductions are made by the employer.
The measurement period of this indicator corresponds to that of the wage data. In the Country Profiles, the values reported are the estimated average annual earned income per capita in constant 2017 international dollars for women and men, respectively, and the ratio of the two values."

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