List_of_minimum_wages_by_country

List of countries by minimum wage

List of countries by minimum wage

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This is a list of the official minimum wage rates of the 193 United Nations member states and former members of the United Nations, also including the following territories and states with limited recognition (Northern Cyprus, Kosovo, etc.) and other independent countries. Some countries may have a very complicated minimum wage system; for example, India has more than 1202 minimum wage rates for different types of industries and skill levels.[1] Meanwhile, other countries may have a national rate which often is superseded by state, provincial, cantonal, county and city minimum wage rates. For example, 33 states in the United States have higher minimum wages than the federal rate (plus military rates on federal bases) – on top of this an additional 42 city-level subdivisions having different minimum wage rates and 53 countries.[2] In effect, the United States has over 100 different minimum wages across the nation. This is common in federal nations as Canada,[3] and minimum wage in China also has numerous different rates. In the table below, only the lowest minimum wage is cited, or the highest-level subdivision where it applies.

General minimum wage by territory, as of February 2023

Methodology

The minimum wages listed refer to a gross amount, that is before deduction of taxes and social security contributions, which vary from one country to another. Also excluded from calculations are regulated paid days off, including public holidays, sick pay, annual leave and social insurance contributions paid by the employer.

For comparison, an annual wage column is provided in international dollars, a hypothetical unit of currency calculated based on the purchasing power parity (PPP) of household final consumption expenditure. For calculating the annual wage, the lowest general minimum wage was used.

List

More information Country, Minimum wage ...

OECD

  • Note: "Annual working hours" = Annual wages divided by hourly wages.
More information Country, Nominal ...

See also

Notes


    References

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    6. Annual wages were calculated by multiplying monthly wages by 12, weekly wages by 52, daily wages by 5x52 and hourly wages by Wx52, where W is the legal maximum (or the practical, if lower) workweek length in hours. A US$ conversion rate from 2017 – obtained from the World Bank's Official exchange rate (LCU per US$, period average), World Development Indicators database Archived 2017-07-25 at the Wayback Machine – was used to convert the annual wage from national currency to US dollars. The template To US$ was used to convert the annual wage from national currency to US dollars.
    7. Annual wages were calculated by multiplying monthly wages by 12, weekly wages by 52, daily wages by 5x52 and hourly wages by Wx52, where W is the legal maximum (or the practical, if lower) workweek length in hours. A purchasing power parity (PPP) conversion rate from 2016 – obtained from the World Bank's PPP conversion factor, private consumption (LCU per international $), World Development Indicators database Archived 2017-07-08 at the Wayback Machine – was used to convert the annual wage from national currency to international dollars. The template International dollars was used to convert the annual wage from national currency to international dollars.
    8. Hourly wages were calculated by dividing the annual minimum wage (US$) rate by 52 weeks and then by the length of the standard hour workweek.
    9. Hourly wages were calculated by dividing the annual minimum wage (PPP) by 52 weeks and then by the length of the standard workweek.
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