Minimum Wages around the World
The minimum wage is the minimum rate a worker can legally be paid (usually per hour) as opposed to wages that are determined by the forces of supply and demand in a free market. Each country sets its own minimum wage laws and regulations, and many countries have no minimum wage. On the other hand, some countries are more effective than others in enforcing minimum wage regulations.
Purpose of having minimum wage information around the world
The objective of minimum wage database is to provide current minimum wages in different countries under one roof (which otherwise is difficult to access) and to understand functioning of minimum wage mechanism in different countries. The Minimum Wage section of WageIndicator will provide a database of international minimum wage rates and minimum wage legislation for about 30 countries.
The frequently asked questions on minimum wage legislation try to capture information on the following:
- How are minimum wage fixed and by whom?
- Which occupations/sectors/industries/regions are covered by the legislation?
- What criteria are used to introduce or adjust the level of the minimum wage?
- What is the frequency of adjustment of minimum wage rates?
- How well is minimum wages enforced?
- What about legal compliance?
Click on each country to get a factsheet with detailed minimum wage information and labor law details. Factsheets of each country are translated in their respective national language for easy access by international visitors.
Minimum Wage Information provided by Regional Office India (www.paycheck.in), Research Team from Indian Institute of Management Ahmedabad & Amsterdam University of Advanced Labour Studies (http://www.uva-aias.net/39), and Member Countries of WageIndicator Foundation.
Global and regional data