Minimum Wage by Country: Global Guide for 2023
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Below, we list minimum wages for 67 countries around the world. We list wages in local currency and USD based on the 2023 exchange rate to give you a sense of the local currency’s purchasing power.
Countries with the lowest minimum wages below $500 USD per month:
Albania’s government-mandated minimum wage amounts to $310.34 (34,000 Lek) per month, which is relatively low for a European country.
The minimum monthly salary for employees in Argentina is $340.88 (57,900.00 Argentine pesos). For domestic staff, the minimum wage is as low as $184.96 ($31,416.50 Argentine pesos) per month.
In Bangladesh, the National Minimum Wage Board determines the minimum wage for each sector. The current minimum wage is $14.52 (1,500 takas) per month for all economic sectors.
Bosnia and Herzegovina
The minimum wage in Bosnia and Herzegovina is $293 (543.00 Bosnia-Herzegovina Convertible Mark) per month.
The monthly minimum wage in Brazil varies by state, ranging from $230.82 (1,212.00 Brazilian Real) to $601.62 (3,158.96 Brazilian Real).
Learn more about employer costs for an employee in Brazil.
The monthly minimum wage in Bulgaria is $382.77 (710 Bulgarian leva).
Every January, the Colombian government establishes the minimum wage. The minimum wage per month at the end of 2022 was $207.61(1,000,000 Colombian pesos).
Cuba doesn’t have a government-mandated minimum wage. Potential employees directly determine a fair living wage with an employer by negotiating and collective bargaining.
The average minimum wage in Cuba comes to around $87 (2,100 Cuban pesos) per month for a 44-hour workweek, although its rate varies by occupation. The Cuban government supplements the minimum wage with free education, housing, subsidized medical care, and food.
The minimum monthly wage in El Salvador varies between sectors:
- $359.16 per month for textiles and clothing
- $365.00 per month for industry
- $365.00 per month commerce and services
- $243.46 per month for agriculture
Georgia public employees are eligible for a minimum monthly wage of $43.81 (115 Georgian lari). The minimum wage for private-sector workers is $8 (20 Georgian lari) per month.
The minimum wage in Guatemala varies from one sector to another. Workers in the agricultural sector receive $363.26 (2872.55 Guatemalan quetzales) per month, while non-agricultural workers earn a minimum of $374.22 per month. (2959.24 Guatemalan quetzales) per month.
In Guinea Bissau, the minimum wage is $94.94 (59,000 West African Franc) per month.
Indonesia’s district and province authorities establish the minimum wage within each area. Employees make at least $116 (1,812,935.00 Indonesian Rupiah) per month in the province of Central Java and $298 (641,854.00 Indonesian Rupiah) per month in Central Jakarta.
Kazakhstan’s minimum wage rate is $148.85 (70,000.00 Kazakhstani tenge) per month for all full-time employees.
Kyrgyzstan’s government-mandated minimum wage is $23.19 (1,970 Kyrgyzstani soum) per month.
The minimum wage for City Council or Municipal Council areas in Malaysia is $272.42 (1,200 Malaysian Ringgit) per month.
As of January 2022, the minimum monthly wage in Montenegro amounts to around $475 (450 Euros) for all full-time employees.
The minimum wage in Morocco for private sector workers is $281.71 (2,970 Moroccan Dirham) per month and $331.99 (3,500 Moroccan Dirham) per month for the public sector.
Nicaraqua's minimum monthly wage range varies by industry from $129.43 (4,723.95 Nicaraguan córdobas) to $289.65 (10,571.78 Nicaraguan córdobas).
The minimum monthly wage in North Macedonia amounts to $308 (18,000.00 Macedonian Denars).
The monthly minimum wage in Pakistan varies by province and occupation. In Punjab, the minimum monthly wage for all industries is $111.23 (25,000.00 Pakistani rupees).
The minimum wage per month in Panama depends on the sector:
- Agriculture: $1.57 (1.57 Panamanian Balboa)
- Manufacturing: $2.22 (2.22 Panamanian Balboa)
- Retail: $2.81 (2.81 Panamanian Balboa)
- Domestic services: $300 (300.00 Panamanian Balboa)
All private sector workers in Peru are eligible for a minimum monthly wage of $266 (1,025 Peruvian Nuevos soles).
In the Philippines, the minimum wage is $10.30 (570 PHP) per day on average, but it varies across regions and occupations.
The federal minimum wage in Russia is $244.41 (15,279 Russian rubles) per month for all workers.
The minimum wage in Serbia for a month with 160 working hours is $388.19 (43,174 Serbian Dinar).
In South Africa, the national minimum wage is $1.35 (23,19 South African rand) per hour.
As of July 2013, Tanzania’s minimum wage ranges from $17.15 (40,000 Tanzanian shillings) to $171.38 (400,000 Tanzanian shillings) per month, depending on the sector.
The Central African Republic
The Central African Republic’s government-mandated minimum wage amounts to around $60 (35,000 CFA francs) per month.
Turkey’s gross national minimum wage is $407.84 (7,603.43 Turkish lire) per month.
All workers in Ukraine are eligible for a $182.37 (6,700 Ukrainian hryvnia) monthly minimum wage.
The minimum wage in Uzbekistan is $81.78 (920,000.00 Uzbekistan Sum) per month.
Venezuela’s national minimum wage is $0.0005 (130.00 Venezuelan Bolivar) per month.
Countries with average minimum wages between $500 and $1,000 USD per month:
Costa Rica’s minimum monthly wage ranges from $553.75 (324,560.01 Costa Rican colón) for the general workforce to $1188.97 (696,873.72 Costa Rican colón) for technical workers with graduate status.
The minimum wage in Croatia is around $737 (5,274.15 Croatian kunas).
The monthly minimum wage in the Czech Republic is $703.80 (16,200 Czech koruna) per month.
Estonia’s government-mandated general minimum wage is around $690 (654 Euros) per month.
The minimum wage for workers in Greece is $752 (713 Euros) per month.
The minimum wage for general workers in Hungary is $503.79 (200,000 Hungarian Forint) per month. Skilled workers are entitled to a $654.92 (260,000 Hungarian Forint) minimum wage.
The government-mandated minimum wage in Latvia is $527.62 (500 Euros) per month for all workers.
Lithuania’s minimum wage is $886.40 (840 Euros) per month.
The minimum wage in Malta is around $193 (182.83 Euros) per week for those 18 years and over.
All employees in Poland are eligible for $786.17 (3,490 Polish Zloty) per month.
Learn more about employer costs for an employee in Poland.
The monthly minimum wage for all employees on Portugal’s continent is $744 (705 Euros) per month.
The minimum wage in Romania is $642.74 (3,000 Romanian New Leu) per month.
For all employees, Slovakia’s minimum wage is around $739 (€700) per month.
The minimum wage in South Korea is $7 (9,160 South Korean won) per hour.
Taiwan’s national minimum wage is $823.56 (25,250 Taiwan Dollars) per month.
Countries with the highest minimum wages above $1,000 USD per month:
Andorra’s government sets a minimum wage twice a year. As of December 2022, it amounts to $1221.47 (1,157.87 Euros) per month.
Australia’s minimum wage per hour is around $15 (21.38 Australian Dollars) but is lower for those below 18 years of age.
In Austria, the national minimum wage is formed by collective agreements, which are set at around $1582 (1,500 Euros) per month.
The minimum wage in Belgium is around $1943 (1,842.28 Euros) per month for workers aged 18 and over.
Canada’s minimum wage varies by province. In Alberta, the minimum hourly wage is $11($15 Canadian Dollars).
The average minimum wage in Denmark is $18 (126.94 Danish Krone) per hour and is set through collective bargaining agreements.
Learn more about employer costs for an employee in Denmark.
Finland has no government-mandated minimum wage. Employers must pay a minimum wage determined by collective bargaining, which is, on average, $388 (3681 Euros) per month.
The Statutory Minimum Wage wage in France is $1771 (1,678.95 Euros) per month.
The minimum wage in Germany amounts to $13 (€12 Euros) per hour. However, workers often receive a higher minimum wage through collective bargaining, which is enforceable by law.
Iceland has no government-mandated minimum wage. Employees and employers agree on a minimum wage through collective bargaining, which can vary depending on sector and occupation. The average minimum wage is $2680 (380000 Icelandic krónur) per month.
In Ireland, the minimum wage is around $12 (11.30 Euros) per hour for workers ages 18 and older.
Learn more about employer costs for an employee in Ireland.
Japan’s prefectural (or regional) minimum hourly rate ranges from $5.80 (790 Japanese Yen) per hour to $7.85 (1,072 Japanese Yen) per hour.
The minimum wage in Luxembourg for general employees aged 18 and older is $2440 (2,313.38 Euros) per month.
The national minimum wage in the Netherlands for those working a 40-hour week is around $2040 (1,934.40 Euros) per month for workers aged 21 years and older.
The minimum wage in New Zealand is $14 (21.20 New Zealand Dollars) per hour.
The minimum wage in San Marino for the lowest paying industry is around $1584 (1,501.49 Euros) per month.
The entire workforce in Slovenia receives an $1133 (1,074.43 Euros) monthly minimum wage.
The minimum wage in Spain is $1055 (1000 Euros) per month.
Switzerland doesn’t have a statutory minimum wage: collective agreements determine minimum compensation. The amounts range between cantons (states), with an average minimum wage of around $21.43 (20 Swiss Francs) per hour.
Learn more about employer costs for an employee in Switzerland.
The national hourly minimum wage in the UK is around $12 (9.55 Pound Sterling) for workers 18 years and over.
Stay on top of minimum wage laws with Deel
Staying compliant with local employment laws (like minimum wages) is the number one concern for many employers wanting to hire internationally. Still, it shouldn’t stop you from diving into the global talent pool.
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