Nicaragua vs Philippines: Monthly minimum wage

Nicaragua
7,693
in 2024
Philippines
8,302
in 2024
Nicaragua rank
71st
Philippines rank
70th

Monthly minimum wage over time

  • Nicaragua
  • Philippines
02.0k4.0k6.0k8.0k10.0k199520092024

How they compare

Philippines currently reports 8,302 against 7,693 in Nicaragua, a difference of 609.

That makes Philippines's figure about 1.1 times Nicaragua's.

Across all 30 years both countries report, Philippines has been ahead every year.

Nicaragua ranks 71st and Philippines ranks 70th of 173 countries.

Philippines has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Nicaragua Philippines Difference Ahead
1990s 420 4,781 4,361 Philippines
2000s 1,120 8,284 7,164 Philippines
2010s 4,088 6,508 2,420 Philippines
2020s 6,546 7,866 1,319 Philippines

Averages of every year both report within each decade.

Frequently asked questions

Which has higher monthly minimum wage, Nicaragua or Philippines?
Philippines, at 8,302 against 7,693 in Nicaragua as of 2024.
What is the difference in monthly minimum wage between Nicaragua and Philippines?
609, with Philippines ahead.
How many years of comparable data are there for Nicaragua and Philippines?
30 years are reported by both, from 1995 to 2024.
How do Nicaragua and Philippines rank globally for monthly minimum wage?
Nicaragua ranks 71st and Philippines ranks 70th 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.

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Nicaragua vs Philippines: Monthly minimum wage. Statizoid, drawing on International Labour Organization. Retrieved 23 August 2026, from https://labour.statizoid.com/compare/monthly-minimum-wage-local-currency/nicaragua/philippines/

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About this data

Indicator
Monthly minimum wage (Local currency)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
173 places, 3,960 data points, 1980–2026
Last refreshed

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.