New minimum wage in Nicaragua to remain in effect until february 2027

New minimum wage in Nicaragua to remain in effect until february 2027

Since March 5, 2026, retroactive to January 1, workers in Nicaragua are subject to a new minimum wage following the approval of a 4% increase applicable across all economic sectors in the country. This adjustment will remain in effect until February 28, 2027.

The only exception is the industry subject to a special regime, which is governed by a tripartite wage agreement signed in 2023. Under that agreement, the increase for this sector will be 6.7% in both 2026 and 2027.

 

 

 

 

Economic sector Percentage Monthly
Agriculture 4% C$ 6,118.02
Fishing 4% C$ 9,409.09
Mining and quarrying 4% C$ 11,113.46
Manufacturing industry 4% C$ 8,320.48
Special regime industry 6.7% C$ 9,986.46
Micro and small artisanal and tourism industry 4% C$ 6,519.58
Electricity, gas and water; trade, restaurants and hotels; transport, storage and communications 4% C$ 11,350.08
Construction; financial institutions and insurance 4% C$ 13,848 23
Community, social and personal services 4% C$ 8,674.94
Central government and municipalities 4% C$ 7,716.70

 

Author

Gerardo Escorcia Díaz

Gerardo Escorcia Díaz

Associate

Nicaragua