Monthly minimum wage, annual growth rate by country

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.

Countries reporting
161
Highest
117.52 % change on previous year
Angola
Lowest
0 % change on previous year
Zambia
Median
3.79 % change on previous year
Years covered
46
1981–2026
Data points
3,741

What the numbers show

Monthly minimum wage, annual growth rate is currently reported for 161 countries. The highest value is 117.52 % change on previous year in Angola; the lowest is 0 % change on previous year in Zambia.

The median across all reporting countries is 3.79 % change on previous year, and the mean is 9.58 % change on previous year.

Over the past decade 44 countries rose and 40 fell. The largest increase was in Serbia (up 24,311.6%), and the largest decrease in Armenia (down 100.0%).

Monthly minimum wage, annual growth rate: full country ranking

#Country LatestYear 10-year changeTrend
1 Angola 117.52 % change on previous year 2024 up 342.4% volatile
2 Lebanon 100 % change on previous year 2024 volatile
3 Malawi 80 % change on previous year 2024 up 8.4% volatile
4 Argentina 74.08 % change on previous year 2024 up 122.3% volatile
5 Egypt 71.43 % change on previous year 2024 volatile
6 Eswatini 42.86 % change on previous year 2024 volatile
7 Madagascar 42.36 % change on previous year 2024 up 182.1% volatile
8 Sri Lanka 40 % change on previous year 2024 volatile
9 Niger 39.78 % change on previous year 2024 volatile
10 Tajikistan 33.33 % change on previous year 2024 volatile
10 Samoa 33.33 % change on previous year 2024 volatile
12 Ethiopia 31.25 % change on previous year 2011 volatile
13 Burkina Faso 29.82 % change on previous year 2024 volatile
14 Mauritius 29.59 % change on previous year 2024 up 477.5% volatile
15 Turkey 27.01 % change on previous year 2026 down 7.7% volatile
16 Saint Vincent and the Grenadines 25.96 % change on previous year 2024 volatile
17 Albania 25 % change on previous year 2026 volatile
18 Botswana 23.34 % change on previous year 2024 up 191.7% volatile
19 Paraguay 22.23 % change on previous year 2024 up 122.3% volatile
20 Ghana 21.97 % change on previous year 2024 up 114.1% volatile
21 Chile 21.95 % change on previous year 2024 up 207.3% volatile
22 Kazakhstan 21.43 % change on previous year 2024 up 206.2% volatile
23 Palau 21.29 % change on previous year 2024 up 134.2% volatile
24 Serbia 20.46 % change on previous year 2026 up 24,311.6% volatile
25 Mexico 20 % change on previous year 2024 up 413.2% volatile
26 Mongolia 20 % change on previous year 2024 volatile
27 Trinidad and Tobago 17.12 % change on previous year 2024 volatile
28 Slovenia 15.96 % change on previous year 2026 volatile
29 Pakistan 15.62 % change on previous year 2024 volatile
30 Russia 15.62 % change on previous year 2024 up 133.0% volatile
31 Cape Verde 15.38 % change on previous year 2024 volatile
31 Jamaica 15.38 % change on previous year 2024 up 28.2% volatile
33 Moldova 14.55 % change on previous year 2026 volatile
34 Belarus 13 % change on previous year 2024 down 35.6% volatile
35 Bulgaria 12.52 % change on previous year 2026 up 15.7% volatile
36 Fiji 12.5 % change on previous year 2024 volatile
37 Slovakia 12.13 % change on previous year 2026 up 84.4% volatile
38 Colombia 12.07 % change on previous year 2024 up 168.5% volatile
39 Lithuania 11.08 % change on previous year 2026 down 34.5% volatile
40 Hungary 11 % change on previous year 2026 up 92.6% volatile
41 Senegal 10.94 % change on previous year 2024 volatile
42 Turkmenistan 10.34 % change on previous year 2024 up 1.1% flat
43 Nicaragua 10.1 % change on previous year 2024 down 4.1% volatile
44 Honduras 9.99 % change on previous year 2024 up 99.8% volatile
45 United Kingdom 9.79 % change on previous year 2024 up 334.1% volatile
46 Cyprus 8.8 % change on previous year 2026 volatile
47 Australia 8.65 % change on previous year 2024 up 187.9% rising
48 Mozambique 8.57 % change on previous year 2024 down 26.0% volatile
49 South Africa 8.5 % change on previous year 2024 up 1.1% falling
50 Brazil 8.45 % change on previous year 2024 up 24.5% volatile
51 Kyrgyzstan 8.43 % change on previous year 2024 up 18.0% volatile
52 Germany 8.42 % change on previous year 2026 volatile
53 Croatia 8.25 % change on previous year 2026 up 176.3% volatile
54 Ukraine 8.09 % change on previous year 2026 down 57.5% volatile
55 Czechia 7.69 % change on previous year 2026 up 1.1% volatile
56 Canada 7.09 % change on previous year 2024 up 34.8% volatile
57 Tunisia 7.02 % change on previous year 2024 up 5.3% volatile
58 Andorra 7.01 % change on previous year 2024 volatile
59 North Macedonia 6.85 % change on previous year 2026 up 66.1% volatile
60 Romania 6.79 % change on previous year 2026 down 64.4% volatile
61 Estonia 6.77 % change on previous year 2026 down 34.0% volatile
62 Hong Kong 6.67 % change on previous year 2024 up 106.7% volatile
63 Guatemala 6.35 % change on previous year 2024 up 26.9% volatile
64 Vietnam 5.98 % change on previous year 2024 down 61.1% volatile
65 Iceland 5.9 % change on previous year 2024 falling
66 Bolivia 5.84 % change on previous year 2024 down 70.8% volatile
67 Belgium 5.78 % change on previous year 2026 up 189.2% volatile
68 Portugal 5.71 % change on previous year 2026 up 16.1% volatile
69 Cook Islands 5.56 % change on previous year 2024 down 72.2% volatile
70 Israel 5.53 % change on previous year 2024 volatile
71 Latvia 5.41 % change on previous year 2026 up 94.6% volatile
72 Japan 5.08 % change on previous year 2024 up 142.6% volatile
73 Bosnia and Herzegovina 5.03 % change on previous year 2024 volatile
74 Cameroon 5 % change on previous year 2024 down 82.5% volatile
75 Ireland 4.78 % change on previous year 2026 down 16.9% volatile
76 Greece 4.48 % change on previous year 2026 volatile
77 Ecuador 4.44 % change on previous year 2024 down 35.8% volatile
78 Panama 4.43 % change on previous year 2024 down 67.5% volatile
79 Netherlands 4.1 % change on previous year 2026 up 113.0% volatile
80 Dominican Republic 4 % change on previous year 2024 down 93.8% volatile
81 Taiwan 3.79 % change on previous year 2024 up 219.2% volatile
82 France 3.61 % change on previous year 2026 up 484.4% volatile
83 Malta 3.43 % change on previous year 2026 up 209.1% volatile
84 Indonesia 3.38 % change on previous year 2024 down 82.3% volatile
85 Spain 3.19 % change on previous year 2026 up 244.6% volatile
86 Poland 3 % change on previous year 2026 down 47.5% volatile
87 Thailand 2.9 % change on previous year 2024 volatile
88 Jersey 2.8 % change on previous year 2016 down 11.0% volatile
89 South Korea 2.49 % change on previous year 2024 down 65.4% volatile
90 Luxembourg 2.48 % change on previous year 2026 volatile
91 New Zealand 1.98 % change on previous year 2024 down 45.5% volatile
92 Costa Rica 1.83 % change on previous year 2024 down 70.2% volatile
93 New Caledonia 0.9113 % change on previous year 2024 volatile
94 Afghanistan 0 % change on previous year 2024 volatile
94 Armenia 0 % change on previous year 2024 down 100.0% volatile
94 Antigua and Barbuda 0 % change on previous year 2024 volatile
94 Azerbaijan 0 % change on previous year 2024 volatile
94 Burundi 0 % change on previous year 2024 volatile
94 Benin 0 % change on previous year 2024 down 100.0% volatile
94 Bangladesh 0 % change on previous year 2024 volatile
94 Bahamas 0 % change on previous year 2024 volatile
94 Belize 0 % change on previous year 2024 volatile
94 Barbados 0 % change on previous year 2024 volatile
94 Bhutan 0 % change on previous year 2024 down 100.0% volatile
94 China 0 % change on previous year 2024 down 100.0% volatile
94 Cote d'Ivoire 0 % change on previous year 2024 volatile
94 Democratic Republic of Congo 0 % change on previous year 2024 volatile
94 Congo 0 % change on previous year 2024 volatile
94 Comoros 0 % change on previous year 2024 volatile
94 Cuba 0 % change on previous year 2024 volatile
94 Dominica 0 % change on previous year 2024 volatile
94 Algeria 0 % change on previous year 2024 volatile
94 Gabon 0 % change on previous year 2024 volatile
94 Guinea 0 % change on previous year 2024 volatile
94 Gambia 0 % change on previous year 2024 volatile
94 Guinea-Bissau 0 % change on previous year 2024 volatile
94 Equatorial Guinea 0 % change on previous year 2023 volatile
94 Grenada 0 % change on previous year 2024 volatile
94 Guyana 0 % change on previous year 2024 volatile
94 Haiti 0 % change on previous year 2024 up 100.0% volatile
94 India 0 % change on previous year 2024 volatile
94 Iran 0 % change on previous year 2024 down 100.0% volatile
94 Iraq 0 % change on previous year 2024 up 100.0% volatile
94 Jordan 0 % change on previous year 2024 volatile
94 Kenya 0 % change on previous year 2024 volatile
94 Cambodia 0 % change on previous year 2024 down 100.0% volatile
94 Saint Kitts and Nevis 0 % change on previous year 2024 down 100.0% volatile
94 Laos 0 % change on previous year 2024 volatile
94 Libya 0 % change on previous year 2024 volatile
94 Lesotho 0 % change on previous year 2024 down 100.0% volatile
94 Morocco 0 % change on previous year 2024 down 100.0% volatile
94 Marshall Islands 0 % change on previous year 2024 volatile
94 Mali 0 % change on previous year 2024 down 100.0% volatile
94 Myanmar 0 % change on previous year 2024 volatile
94 Montenegro 0 % change on previous year 2026 volatile
94 Mauritania 0 % change on previous year 2022 volatile
94 Malaysia 0 % change on previous year 2024 volatile
94 Nigeria 0 % change on previous year 2024 volatile
94 Nepal 0 % change on previous year 2024 volatile
94 Oman 0 % change on previous year 2024 volatile
94 Peru 0 % change on previous year 2024 volatile
94 Philippines 0 % change on previous year 2024 down 100.0% volatile
94 Papua New Guinea 0 % change on previous year 2024 down 100.0% volatile
94 Rwanda 0 % change on previous year 2024 volatile
94 Sudan 0 % change on previous year 2024 volatile
94 Solomon Islands 0 % change on previous year 2024 volatile
94 Sierra Leone 0 % change on previous year 2024 volatile
94 El Salvador 0 % change on previous year 2024 down 100.0% volatile
94 Suriname 0 % change on previous year 2024 down 100.0% volatile
94 Seychelles 0 % change on previous year 2024 down 100.0% volatile
94 Syria 0 % change on previous year 2024 volatile
94 Chad 0 % change on previous year 2024 volatile
94 Togo 0 % change on previous year 2024 volatile
94 East Timor 0 % change on previous year 2024 volatile
94 Tanzania 0 % change on previous year 2024 volatile
94 Uruguay 0 % change on previous year 2024 down 100.0% volatile
94 United States 0 % change on previous year 2026 volatile
94 Uzbekistan 0 % change on previous year 2024 down 100.0% volatile
94 Venezuela 0 % change on previous year 2024 down 100.0% volatile
94 Vanuatu 0 % change on previous year 2024 volatile
94 Zambia 0 % change on previous year 2024 volatile

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Monthly minimum wage, annual growth rate by country. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://labour.statizoid.com/stat/monthly-minimum-wage-annual-growth-rate/

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<a href="https://labour.statizoid.com/stat/monthly-minimum-wage-annual-growth-rate/">Monthly minimum wage, annual growth rate by country</a> — Statizoid

How this figure is calculated

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.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

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.