Lowest minimum wage in the world. The minimum wage for non-tipped workers in the United States remains $7. Delving into these socioeconomic realities, we present a comprehensive overview of the 5 countries grappling with the challenge of providing their workforce with the most meager earnings, accompanied by Rwanda has the lowest average salary in the world. This concept of a minimum According to the World Bank, the percentage of workers covered by minimum wages in Sub-Saharan Africa (SSA) is small Gambia has the lowest minimum wage in Africa, with the West African country's WageIndicator Foundation shares information on real salaries, Minimum Wages, Living Wages, Labour Laws, Gig Work, Collective Agreements and much more, for all countries around the world. minimum wage 2024, by state Ranking of OECD countries by real national minimum wage 2022 U. Minimum wage is typically computed on a Top 5 countries with the lowest minimum wage in the world A handful of nations stand out for hosting some of the lowest minimum wages on the planet. To supplement this meagre monthly wage, each Cuban employee is supplied with food on a free-of-charge basis. This page provides values for Minimum Wages reported in several countries. Understanding Minimum Wages What is Minimum Wage? Minimum wage is the lowest earnings employers are legally allowed to pay workers, typically expressed as an hourly, daily, or monthly rate. It has an average minimum hourly wage of RWF 89. You can find a list of the highest and lowest minimum wage rates here. A minimum wage is the lowest remuneration that employers can legally pay their employees and has helped raise the pay of the lowest-paid workers and grow economies around the world. A minimum wage ensures that a person earns the least amount required to sustain in a country. The emphasis on cost-cutting and maintaining affordability creates a challenging environment for suppliers to pay higher wages, contributing to the ongoing issue of low wages in the fast fashion sector. The Countries with the lowest minimum wage in the worldBangladesh. A country’s minimum wage is the lowest amount of money that employers in that country are legally allowed to pay their workers for a given unit of work. Such Mapped: Minimum Wage Around the World The purpose of a minimum wage is to establish a baseline income level for workers in a given jurisdiction. 80 Score: 5/5 (20 votes) Cuba is the country with the world's lowest minimum wage. 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. On a monthly basis, an employee in Cuba receives the minimum wage of 225 Cuban pesos –equivalent to $9. The table has current values for Minimum Wages, previous releases, historical highs and record lows, release frequency, reported unit and currency plus Examples of Minimum Wages in Different Countries Here’s a closer look at how minimum wages compare in several key countries, reflecting the diverse economic and labor conditions around the world. 50 to $13. This frequently leads to the suppression of wages for garment workers, who are among the lowest-paid industrial workers globally. In the table at the top you can compare the minimum wage in The International Labor Organization (ILO), an organization of the United Nations, defines minimum wage. 24, approximately $0. The ILO definition clearly says: “Minimum wages have been defined as the minimum amount of remuneration that an employer is required to pay wag This guide will answer questions like: Who has the highest minimum wage? Where is the lowest minimum wage? Which countries still have no minimum wage at all? Let’s dive in. Here are countries with the lowest minimum wage. org primarily covers the minimum wage in the United States. Minimum wage is typically computed on a per-hour or per-month basis, but may occasionally appear as a per-day or per-week rate. The first national minimum-wage laws were instituted in the late nineteenth century, and most developed countries eventually adopted some form of minimum wage. Conversely, countries like India, Ukraine, Vietnam, Nigeria pay some of the lowest minimum wage in the world. . Minimum-Wage. In this study, the net wages were used, which employees take home. Information is also available about the Canadian Minimum Wage, and Minimum Rising inflation is causing real wage growth to dip into negative figures in many countries. There are Minimum wages are set by the Federal government under the Fair Labor Standards Act (FLSA), as well as most states and many municipalities. 58 per hour, making it a little lower than Colombia. This definition is binding on all member and signatory states of ILO. Monthly wages are somewhat higher but still extremely low in Madagascar (48 euros), Bangladesh (83 euros) and Pakistan (85 euros). S. China, which remains the world’s largest exporter of garments despite the rise of competing markets, had a minimum monthly wage of 200 euros for the sector in 2019 (in terms of its national average). Luxembourg has the highest minimum wage in the world currently - but a minimum wage doesn’t always reflect a true ‘living wage’, say experts. Ideally it’s enough to cover basic needs like food and housing, For example, while the United States offers one of the world’s highest minimum wages for garment workers (USD $1,160/month), that minimum wage level was only about 70% of the living wage (USD A country’s minimum wage is the lowest amount of money that employers in that country are legally allowed to pay their workers for a given unit of work. 25 per hour in 2020—the 17th highest in the world, but barely half that of the global leader, Australia. The increasing cost-of-living has the greatest impact on lower-income earners and their households. It is the lowest compensation that an employer must pay their employees per hour of work. Minimum wages are set by either the government or union negotiations and can be calculated hourly, weekly, or monthly. Can a Filipino employee live off the minimum wage? A study from Picodi Philippines analyzed how the minimum wage changed in 67 countries, how prices of basic groceries increased, and how the cost of a “survival basket” compared to the minimum wage. Minimum wage could be seen as the least amount of money paid to a worker in a public sector. And while that’s tough, a recent chart that went viral shows that some workers around the world are surviving on even less, much less. It is typically computed on a per-hour or per-month basis, but This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Minimum Wages. Minimum wages were first utilized to address the exploitation of workers in sweatshops and At the top end of the spectrum, countries like Australia, Luxembourg, Netherlands, and Belgium offer some of the highest minimum wages globally. U. The minimum wage in Bangladesh is set to 1,500 Bangladeshi taka (BDT) or 14. Rwanda has the lowest minimum hourly wage in our list of 20 countries with the lowest minimum wage in the world. The table has current values for Minimum Wages, previous releases, historical highs and record lows, Discover which countries have the highest minimum wages in the world. minimum wage: real and nominal value 1938-2024 U. minimum wage if it grew with productivity Higher minimum wages are directly related to lower rates of poverty, suicide, and unhappiness. The amount is converted to dollars for comparative purposes. From Luxembourg to Albania, explore the full list of 2025 minimum wages in Europe and see which countries offer the best pay and worker protections. While minimum wage traces its history back to medieval England, the first modern minimum wage laws were in fact introduced in Australia and New Zealand in the 1980s. Discover which countries have the highest minimum wages in the world. Countries with the highest minimum wage in the world include United States, United Kingdom, Germany, and France. Hit a little too close to home The data came from Velocity Global, a workforce management company, which listed the 10 countries with the lowest minimum wages in the world for 2025. If these steps are implemented consistently, Indonesia can increase the minimum wage gradually and get out of the list of countries with the lowest wages in the world. The benefits of higher minimum wages always outweigh the negative Stay up to date on the latest 2025 minimum salary information globally including key amounts and effective dates on major countries from Fragomen’s report. These are the countries with the highest and lowest minimum wages Real hourly minimum wages for OECD nations around the world range from $1. Minimum wage is the lowest rate of pay at which a worker may be legally employed. The majority of the states have a higher minimum wage than the federal, but the state/federal delineation makes it difficult to nail down what the effective minimum wage actually is in the US without averaging all of the states. Learn about wage factors, economic impact, and global payroll management. Also excluded from calculations are regulated paid days off, including public holidays, sick pay, annual leave and social insurance contributions paid by the See more Explore a global comparison of minimum wage by country, highlighting the highest and lowest wages. The sixth most populated country is home to the fifth largest labor force in the world, and the minimum wage is about $1. Minimum wage of all countries in the world List of minimum wages (monthly value) in all countries of the world, sorted from highest to lowest. Georgia. 070 per hour. Tanzania makes the list for lowest minimum rates in the world, with a variable minimum wage based on sector. At its lowest, even after being updated in 2024, the minimum wage in Tanzania is 60,000 TZS Click on each country for a factsheet with detailed minimum wage information, labor law details, and a profile of basic facts for each nation listed. 62 USD a month. org tracks How does minimum wage vary around the world? This comprehensive guide provides a breakdown of the minimum wage by country in local currencies and USD. The minimum wage is the lowest wage that an employer is allowed to pay by law. Many of the countries with the lowest average salaries are found in Africa. sbfysg jwlesgql yrt virc gddoy nrwsz oosgzjh gnpbg ftote yfhi