Mexico vs Palau: Monthly minimum wage (Local currency), annual growth rate
Mexico
20 % change on previous year
in 2024
Palau
21.29 % change on previous year
in 2024
Mexico rank
25th
Palau rank
23rd
Monthly minimum wage (Local currency), annual growth rate over time
- Mexico
- Palau
How they compare
Palau currently reports 21.29 % change on previous year against 20 % change on previous year in Mexico, a difference of 1.29 % change on previous year.
That makes Palau's figure about 1.1 times Mexico's.
The two have swapped places 5 times across 16 shared years of data; in 2009 it was Mexico ahead.
Mexico ranks 25th and Palau ranks 23rd of 168 countries.
Mexico has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Mexico | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.62 % change on previous year | 0 % change on previous year | 4.62 % change on previous year | Mexico |
| 2010s | 6.97 % change on previous year | 3.51 % change on previous year | 3.45 % change on previous year | Mexico |
| 2020s | 19.38 % change on previous year | 4.26 % change on previous year | 15.12 % change on previous year | Mexico |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monthly minimum wage (local currency), annual growth rate, Mexico or Palau?
- Palau, at 21.29 % change on previous year against 20 % change on previous year in Mexico as of 2024.
- What is the difference in monthly minimum wage (local currency), annual growth rate between Mexico and Palau?
- 1.29 % change on previous year, with Palau ahead.
- How many years of comparable data are there for Mexico and Palau?
- 16 years are reported by both, from 2009 to 2024.
- How do Mexico and Palau rank globally for monthly minimum wage (local currency), annual growth rate?
- Mexico ranks 25th and Palau ranks 23rd of 168 countries.
- Where does this data come from?
- Statizoid (derived), published as Monthly minimum wage (Local currency), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.