Minimum Wage by Country
Monthly minimum wage in USD. Luxembourg leads at $2,570/month, while some countries have no statutory minimum.
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Key Insights
Country Rankings
Top 10 Countries
Bottom 10 Countries
Data Analysis
Value Distribution
How countries are distributed across the value range
Regional Comparison
Average values by world region (Global avg: $1,127.2)
Correlation Analysis
Correlation Analysis
Minimum Wage vs Unemployment
About This Statistic
Minimum wage is the lowest remuneration that employers can legally pay their workers. It's intended to protect workers from exploitation and ensure a basic standard of living.
The effectiveness of minimum wage is debated among economists. Critics argue it can reduce employment, while proponents say it reduces poverty and inequality. Some countries like the Nordic nations have no statutory minimum wage, relying instead on collective bargaining.
Methodology
Converted to USD using annual average exchange rates.
Full Data
| Rank ↑ | Country ↕ | Value ↕ |
|---|---|---|
| 1 | Luxembourg | $2,570.0 |
| 2 | Australia | $2,450.0 |
| 3 | Ireland | $2,146.0 |
| 4 | Germany | $2,080.0 |
| 5 | Netherlands | $2,070.0 |
| 6 | United Kingdom | $2,015.0 |
| 7 | Belgium | $1,995.0 |
| 8 | France | $1,920.0 |
| 9 | New Zealand | $1,870.0 |
| 10 | Canada | $1,780.0 |
| 11 | South Korea | $1,750.0 |
| 12 | Spain | $1,260.0 |
| 13 | Slovenia | $1,200.0 |
| 14 | Portugal | $958.0 |
| 15 | Greece | $910.0 |
| 16 | Lithuania | $840.0 |
| 17 | Estonia | $820.0 |
| 18 | Poland | $775.0 |
| 19 | Czech Republic | $720.0 |
| 20 | Croatia | $700.0 |
| 21 | Latvia | $700.0 |
| 22 | Slovakia | $700.0 |
| 23 | Hungary | $680.0 |
| 24 | Türkiye | $500.0 |
| 25 | People's Republic of China | $340.0 |
| 26 | Mexico | $275.0 |
| 27 | Brazil | $260.0 |
| 28 | Russian Federation | $220.0 |
| 29 | Vietnam | $190.0 |
| 30 | Indonesia | $180.0 |
| 31 | India | $70.0 |
Topics
Related Statistics
GDP per Capita
Gross Domestic Product per person in USD. Luxembourg leads at $135,605, while many developing nations remain below $5,000.
Unemployment
Percentage of labor force without work but seeking employment. South Africa has the highest rate at 32.9%.
Healthcare Spending
Total health expenditure per person in USD. The US spends the most at $12,318 per capita.
Inflation
Annual percentage change in consumer prices. Argentina faces hyperinflation at 133.5%, while China is near deflation at 0.2%.
Data Source
This data comes from International Labour Organization (2023).
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