Minimum Wage by Country: Global Guide for 2025

Hiring internationally means playing by local rules, including when it comes to pay. Minimum wage laws vary widely from one country to the next, and they’re rarely straightforward. Some countries have no official minimum at all.

Others mandate 13 or 14 salary payments per year. And exchange rates can make cross-border comparisons even more complex.

At Deel, we help businesses stay ahead of shifting regulations. Our team of local experts and in-house legal professionals ensures every employee and contractor you hire is paid accurately and compliantly, wherever they are in the world.

This guide gives you a clear, side-by-side view of monthly minimum wages by country, presented in both local currency and USD and based on 2025 exchange rates.

Whether you're planning expansion, managing payroll, or benchmarking compensation, it’s a practical starting point.

Minimum wages by region

How does minimum wage vary across the world? To start, here’s a look at how rates differ from region to region, with country-specific data.

Asia-Pacific

Australia

• USD: 2,742.32

• Local: AUD 3,965.85

China

• USD: 258.16–383.68

• Local: CNY 2,200–2,330

Hong Kong

• USD: 810.58

• Local: HKD 6,300

India

• USD: 212.85 – 280.90

• Local: INR 18,456 – 24,356

Indonesia

• USD: 24.54

• Local: IDR 396,761

Japan

• USD: 1,198.13 (average)

• Local: ¥173,692

Malaysia

• USD: 363.64

• Local: MYR 1,500

New Zealand

• USD: 2,354.63

• Local: NZD 1,496.33

Pakistan

• USD: 90.04

• Local: PKR 25,000

Philippines

• USD: 250.56

• Local: PHP 14,028.75

Singapore

• No government-mandated minimum wage

South Korea

• USD: 1,571.24

• Local: KRW 2,060,740

Sri Lanka

• USD: 41.83

• Local: LKR 12,500

Taiwan

• USD: 869.58

• Local: TWD 28,590

Thailand

• USD: 336.42

• Local: THB 11,160

North America

Canada

• USD: 1,920.91–2,433.15

• Local: CAD 2,598–3,290.80

Puerto Rico

• USD: 1,160

• Local: USD 1,160

United States

• USD: 1,253.97 (federal minimum)

• Local: USD 1,253.97

Latin America

Argentina

• USD: 274.04

• Local: ARS 286,711

Bolivia

• USD: 360.23

• Local: BOB 2,500

Brazil

• USD: 259.74

• Local: BRL 1,518

Chile

• USD: 555.40

• Local: CLP 500,000–510,500

Colombia

• USD: 310.73

• Local: COP 1,623,500

Costa Rica

• USD: 678.99–1,447

• Local: CRC 352,164.91–752,220.04

Dominican Republic

• USD: 196.86–347.39

• Local: DOP 11,900–21,000

Ecuador

• USD: 460

• Local: USD 460

Guatemala

• USD: 409.20

• Local: GTQ 3,544.2

Honduras

• USD: 506.79

• Local: HNL 12,597.91

Mexico

• USD: 175.26–263.94

• Local: MXN 3,457.40–5,206.80

Peru

• USD: 275.93

• Local: PEN 1,130

Uruguay

• USD: 867.42

• Local: UYU 36,180

Europe, Middle East, Africa

Albania

• USD: 451.72

• Local: ALL 40,000

Austria

• USD: 1,679.03

• Local: EUR 1,500

Belgium

• USD: 2,317.60

• Local: EUR 2,070.48

Bosnia and Herzegovina

• USD: 569.08

• Local: BAM 996.78

Bulgaria

• USD: 534

• Local: BGN 1,077

Croatia

• USD: 938.41

• Local: EUR 970

Cyprus

• USD: Based on tenure: 1,119.04 / 1,007.14

• Local: EUR 1,000 / EUR 900

Czech Republic

• USD: 839.50

• Local: CZK 20,800

Denmark

• No government-mandated minimum wage

Estonia

• USD: 916

• Local: EUR 886

Finland

• No government-mandated minimum wage

France

• USD: 1,977.19

• Local: EUR 1,801.80

Germany

• USD: 2,406.98

• Local: EUR 2,151.00

Greece

• USD: 927.23

• Local: EUR 830

Hungary

• USD: 748.65

• Local: HUF 290,800

Iceland

• No government-mandated minimum wage

Ireland

• USD: 2,401.72

• Local: EUR 2,146.30

Israel

• USD: 1,584.91

• Local: NIS 5,880.02

Italy

• No government-mandated minimum wage (some sectors)

Latvia

• USD: 781.48

• Local: EUR 740

Lithuania

• USD: 1,034.23

• Local: EUR 1,038

Luxembourg

• USD: 3,452.13

• Local: EUR 3,085

Malta

• USD: 1,032.95

• Local: EUR 924.63

Netherlands

• USD: 2,800.87

• Local: EUR 2,503

North Macedonia

• USD: 606.18

• Local: MKD 22,567

Norway

• No government-mandated minimum wage

Poland

• USD: 1,122.55

• Local: PLN 4,666

Portugal

• USD: 915.79

• Local: EUR 820

Romania

• USD: 830.06

• Local: RON 4,050

Russia

• USD: 229.45

• Local: RUB 22,440

Serbia

• USD: 413.58

• Local: RSD 73,275

Slovakia

• USD: 837.61–1,485.37

• Local: EUR 816

Slovenia

• USD: 1,403.49

• Local: EUR 1,254

Spain

• USD: 1,305.51 (14 payments), 1,480.44 (12 equivalent)

• Local: EUR 1,166.67 (14), EUR 1,323 (12 equivalent)

Sweden

• No government-mandated minimum wage

Switzerland

• No government-mandated minimum wage

Turkey

• USD: 585.49

• Local: TRY 22,104.67

Ukraine

• USD: 194.13

• Local: UAH 8,000

United Kingdom

• USD: 2,219.60

• Local: GBP 1,982.93

South Africa

• USD: 279.59

• Local: ZAR 4,781.27

Kenya

• USD: 117.21

• Local: KES 15,120

Morocco

• USD: 291.74

• Local: MAD 2,828

Mauritius

• USD: 326.44

• Local: MUR 15,000

Cote D'Ivoire

• USD: 127.44

• Local: XOF 75,000

Madagascar

• USD: 57.72–98.11

• Local: MGA 262,680–446,500

Uganda

• USD: 35.23

• Local: UGX 130,000

Countries with the lowest minimum wages (below $500 USD per month)

Countries with a moderate minimum wage, between $500 and $1,000 USD per month

Countries with a high minimum wage, over $1,000 USD per month

See also: Paid Annual Leave Per Country: Global Guide

Countries with no specified minimum wage

The following countries don't have a government-mandated minimum wage:

• Denmark
• Finland
• Iceland
• Italy (some sectors)
• Norway
• Singapore
• Sweden
• Switzerland
• Norway

However, this doesn't translate into cost savings for employers. Wages are negotiated and set through collective bargaining agreements between employers and trade or labor unions.

Limitations of comparing the minimum monthly wage per country

Employers should consider the following limitations of the country data shared above:

Variable minimum wages

The minimum monthly wages outlined are based on a full-time employee, aged over 18. The minimum salary entitlement often varies, based on factors such as:

• Sector
• Employee age
• Benefit in kind received
• Region
• Level of education
• Role type
• Internship, apprenticeship, or student status

Currency

The USD equivalent to local currency varies, dependent on exchange rates. Employees should usually be paid in their local currency, but exemptions may apply.

Working hours per week

Each country's minimum monthly wage is based on the average number of working hours per week. This varies between countries, ranging from 35 hours per week in France to 48 in Peru. This should be considered when calculating hourly salaries.

Salary payment installments

The article lists monthly salaries based on the number of payments, which varies between countries. Typically, monthly salaries are paid across 12 annual installments. However, a 13th salary, or a 13th and 14th salary payment, are mandatory in some countries. For example:

• It's mandatory to pay an employee a 13th base salary in Brazil, and it's typically paid in two installments, in November and December. In the Philippines, the mandatory 13th base salary is usually paid in December.
• Employers in Greece must pay employees' annual base salaries in 14 payments, with extra payments typically made around Easter, summer, and Christmas. Similarly, in Portugal, the base salary is divided into 14 payments and extra payments are made around Christmas and the summer holidays.

These practices are often mandated by law or collective bargaining agreements and are considered part of the employee's regular compensation, not a bonus.

In other countries, paying salaries in 13 or 14 payments is customary but not mandatory. It can vary across companies and industry sectors, and may include bonuses as well as base pay.

To remain compliant with local labor laws, employers should verify how many salary payments per year are required for their country and industry, and the number of installments the listed minimum monthly wage applies.

Other employee costs to consider

In addition to the minimum wage, employers must be aware of other costs associated with hiring in a particular location. Mandatory employee benefits and paid and unpaid leave entitlement vary between countries, as well as corporate tax rates and mandatory contributions.

Stay compliant with local labor 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.

Deel generates employment contracts that comply with local regulations for every international employee and independent contractor. You don’t need to learn a new set of rules each time you hire in a new country: we take care of it for you.

Book a demo today to streamline international hiring, compliance, and payroll.