Monaco vs United Kingdom of Great Britain and Northern Ireland: Monthly minimum wage
Monthly minimum wage over time
- Monaco
- United Kingdom of Great Britain and Northern Ireland
How they compare
Monaco currently reports 2,018 against 1,981 in United Kingdom of Great Britain and Northern Ireland, a difference of 37.
Across all 6 years both countries report, Monaco has been ahead every year.
Monaco ranks 104th and United Kingdom of Great Britain and Northern Ireland ranks 105th of 173 countries.
Monaco has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Monaco | United Kingdom of Great Britain and Northern Ireland | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1,651 | 1,043 | 607.6 | Monaco |
| 2020s | 1,876 | 1,656 | 220.07 | Monaco |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monthly minimum wage, Monaco or United Kingdom of Great Britain and Northern Ireland?
- Monaco, at 2,018 against 1,981 in United Kingdom of Great Britain and Northern Ireland as of 2024.
- What is the difference in monthly minimum wage between Monaco and United Kingdom of Great Britain and Northern Ireland?
- 37, with Monaco ahead.
- How many years of comparable data are there for Monaco and United Kingdom of Great Britain and Northern Ireland?
- 6 years are reported by both, from 2014 to 2024.
- How do Monaco and United Kingdom of Great Britain and Northern Ireland rank globally for monthly minimum wage?
- Monaco ranks 104th and United Kingdom of Great Britain and Northern Ireland ranks 105th of 173 countries.
- Where does this data come from?
- International Labour Organization, published as Monthly minimum wage (Local currency). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Data refer to the minimum monthly earnings of all employees as of December 31st of each year. Minimum wages are not reported for countries for which collective bargaining is in place for minimum wages. In cases where a national minimum wage is not mandated, the minimum wage in place in the capital or major city is used. In some cases, an average of multiple regional minimum wages is used. In countries where the minimum wage is set at the sectoral level or occupational level, the minimum wage for manufacturing or unskilled workers is generally applied. Data are converted to U.S. dollars as the common currency, using exchange rates or purchasing power parity (PPP) rates rates for private consumption expenditures. The latter series allows for international comparisons by taking account of the differences in relative prices between countries. For more information, refer to the Wages and Working Time Statistics (COND) database description.