Nicaragua vs United Kingdom of Great Britain and Northern Ireland: Monthly minimum wage, annual growth rate

Nicaragua
10.1 % change on previous year
in 2024
United Kingdom of Great Britain and Northern Ireland
9.79 % change on previous year
in 2024
Nicaragua rank
43rd
United Kingdom of Great Britain and Northern Ireland rank
45th

Monthly minimum wage, annual growth rate over time

  • Nicaragua
  • United Kingdom of Great Britain and Northern Ireland
020406080100199620102024

How they compare

Nicaragua currently reports 10.1 % change on previous year against 9.79 % change on previous year in United Kingdom of Great Britain and Northern Ireland, a difference of 0.31 % change on previous year.

The two have swapped places 9 times across 25 shared years of data; in 2000 it was United Kingdom of Great Britain and Northern Ireland ahead.

Nicaragua ranks 43rd and United Kingdom of Great Britain and Northern Ireland ranks 45th of 168 countries.

Across the 3 decades both report, Nicaragua averaged higher in 2 and United Kingdom of Great Britain and Northern Ireland in 1.

Head to head by decade

Decade Nicaragua United Kingdom of Great Britain and Northern Ireland Difference Ahead
2000s 13.89 % change on previous year 4.86 % change on previous year 9.03 % change on previous year Nicaragua
2010s 10.11 % change on previous year 3.71 % change on previous year 6.4 % change on previous year Nicaragua
2020s 6.55 % change on previous year 7.9 % change on previous year 1.35 % change on previous year United Kingdom of Great Britain and Northern Ireland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher monthly minimum wage, annual growth rate, Nicaragua or United Kingdom of Great Britain and Northern Ireland?
Nicaragua, at 10.1 % change on previous year against 9.79 % change on previous year in United Kingdom of Great Britain and Northern Ireland as of 2024.
What is the difference in monthly minimum wage, annual growth rate between Nicaragua and United Kingdom of Great Britain and Northern Ireland?
0.31 % change on previous year, with Nicaragua ahead.
How many years of comparable data are there for Nicaragua and United Kingdom of Great Britain and Northern Ireland?
25 years are reported by both, from 2000 to 2024.
How do Nicaragua and United Kingdom of Great Britain and Northern Ireland rank globally for monthly minimum wage, annual growth rate?
Nicaragua ranks 43rd and United Kingdom of Great Britain and Northern Ireland ranks 45th of 168 countries.
Where does this data come from?
Statizoid (derived), published as Monthly minimum wage, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Nicaragua vs United Kingdom of Great Britain and Northern Ireland: Monthly minimum wage, annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 30 August 2026, from https://labour.statizoid.com/compare/monthly-minimum-wage-annual-growth-rate/nicaragua/united-kingdom/

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About this data

Indicator
Monthly minimum wage, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
168 places, 3,741 data points, 1981–2026
Last refreshed

The year-on-year percentage change in Monthly minimum wage. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.