Hong Kong vs Monaco: Monthly minimum wage
Monthly minimum wage over time
- Hong Kong
- Monaco
How they compare
Hong Kong currently reports 40 against 11.65 in Monaco, a difference of 28.35.
That makes Hong Kong's figure about 3.4 times Monaco's.
Across all 6 years both countries report, Hong Kong has been ahead every year.
Hong Kong ranks 170th and Monaco ranks 172nd of 173 countries.
Hong Kong has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Hong Kong | Monaco | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 30 | 9.53 | 20.47 | Hong Kong |
| 2020s | 38 | 10.83 | 27.17 | Hong Kong |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monthly minimum wage, Hong Kong or Monaco?
- Hong Kong, at 40 against 11.65 in Monaco as of 2024.
- What is the difference in monthly minimum wage between Hong Kong and Monaco?
- 28.35, with Hong Kong ahead.
- How many years of comparable data are there for Hong Kong and Monaco?
- 6 years are reported by both, from 2014 to 2024.
- How do Hong Kong and Monaco rank globally for monthly minimum wage?
- Hong Kong ranks 170th and Monaco ranks 172nd of 173 countries.
- Where does this data come from?
- International Labour Organization, published as Monthly minimum wage. 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.