Monthly minimum wage (Local currency), annual growth rate by country
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.
Countries reporting
161
Highest
117.52 % change on previous year
Angola
Lowest
-91.67 % change on previous year
Uruguay
Median
3.61 % change on previous year
Years covered
46
1981–2026
Data points
3,744
What the numbers show
Monthly minimum wage (Local currency), annual growth rate is currently reported for 161 countries. The highest value is 117.52 % change on previous year in Angola; the lowest is -91.67 % change on previous year in Uruguay.
The median across all reporting countries is 3.61 % change on previous year, and the mean is 8.42 % 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 Ecuador (down 1,419.7%).
Monthly minimum wage (Local currency), annual growth rate: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 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 136.2% | 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 | Panama | 4.43 % change on previous year | 2024 | down 67.5% | volatile |
| 78 | Netherlands | 4.1 % change on previous year | 2026 | up 113.0% | volatile |
| 79 | Dominican Republic | 4 % change on previous year | 2024 | down 93.8% | volatile |
| 80 | Taiwan | 3.79 % change on previous year | 2024 | up 219.2% | volatile |
| 81 | France | 3.61 % change on previous year | 2026 | up 484.4% | volatile |
| 82 | Malta | 3.43 % change on previous year | 2026 | up 209.1% | volatile |
| 83 | Indonesia | 3.38 % change on previous year | 2024 | down 82.3% | volatile |
| 84 | Spain | 3.19 % change on previous year | 2026 | up 244.6% | volatile |
| 85 | Poland | 3 % change on previous year | 2026 | down 47.5% | volatile |
| 86 | Thailand | 2.9 % change on previous year | 2024 | — | volatile |
| 87 | Jersey | 2.8 % change on previous year | 2016 | down 11.0% | volatile |
| 88 | South Korea | 2.49 % change on previous year | 2024 | down 65.4% | volatile |
| 89 | Luxembourg | 2.48 % change on previous year | 2026 | — | volatile |
| 90 | New Zealand | 1.98 % change on previous year | 2024 | down 45.5% | volatile |
| 91 | Costa Rica | 1.83 % change on previous year | 2024 | down 95.7% | volatile |
| 92 | New Caledonia | 0.9113 % change on previous year | 2024 | — | volatile |
| 93 | Afghanistan | 0 % change on previous year | 2024 | — | volatile |
| 93 | Armenia | 0 % change on previous year | 2024 | down 100.0% | volatile |
| 93 | Antigua and Barbuda | 0 % change on previous year | 2024 | — | volatile |
| 93 | Azerbaijan | 0 % change on previous year | 2024 | — | volatile |
| 93 | Burundi | 0 % change on previous year | 2024 | — | volatile |
| 93 | Benin | 0 % change on previous year | 2024 | down 100.0% | volatile |
| 93 | Bangladesh | 0 % change on previous year | 2024 | — | volatile |
| 93 | Bahamas | 0 % change on previous year | 2024 | — | volatile |
| 93 | Belize | 0 % change on previous year | 2024 | — | volatile |
| 93 | Barbados | 0 % change on previous year | 2024 | — | volatile |
| 93 | Bhutan | 0 % change on previous year | 2024 | down 100.0% | volatile |
| 93 | China | 0 % change on previous year | 2024 | down 100.0% | volatile |
| 93 | Cote d'Ivoire | 0 % change on previous year | 2024 | — | volatile |
| 93 | Democratic Republic of Congo | 0 % change on previous year | 2024 | — | volatile |
| 93 | Congo | 0 % change on previous year | 2024 | — | volatile |
| 93 | Comoros | 0 % change on previous year | 2024 | — | volatile |
| 93 | Cuba | 0 % change on previous year | 2024 | — | volatile |
| 93 | Dominica | 0 % change on previous year | 2024 | — | volatile |
| 93 | Algeria | 0 % change on previous year | 2024 | — | volatile |
| 93 | Gabon | 0 % change on previous year | 2024 | — | volatile |
| 93 | Guinea | 0 % change on previous year | 2024 | — | volatile |
| 93 | Gambia | 0 % change on previous year | 2024 | — | volatile |
| 93 | Guinea-Bissau | 0 % change on previous year | 2024 | — | volatile |
| 93 | Equatorial Guinea | 0 % change on previous year | 2023 | — | volatile |
| 93 | Grenada | 0 % change on previous year | 2024 | — | volatile |
| 93 | Guyana | 0 % change on previous year | 2024 | — | volatile |
| 93 | Haiti | 0 % change on previous year | 2024 | up 100.0% | volatile |
| 93 | India | 0 % change on previous year | 2024 | — | volatile |
| 93 | Iran | 0 % change on previous year | 2024 | down 100.0% | volatile |
| 93 | Iraq | 0 % change on previous year | 2024 | up 100.0% | volatile |
| 93 | Jordan | 0 % change on previous year | 2024 | — | volatile |
| 93 | Kenya | 0 % change on previous year | 2024 | — | volatile |
| 93 | Cambodia | 0 % change on previous year | 2024 | down 100.0% | volatile |
| 93 | Saint Kitts and Nevis | 0 % change on previous year | 2024 | down 100.0% | volatile |
| 93 | Laos | 0 % change on previous year | 2024 | — | volatile |
| 93 | Libya | 0 % change on previous year | 2024 | — | volatile |
| 93 | Lesotho | 0 % change on previous year | 2024 | down 100.0% | volatile |
| 93 | Morocco | 0 % change on previous year | 2024 | down 100.0% | volatile |
| 93 | Marshall Islands | 0 % change on previous year | 2024 | — | volatile |
| 93 | Mali | 0 % change on previous year | 2024 | down 100.0% | volatile |
| 93 | Myanmar | 0 % change on previous year | 2024 | — | volatile |
| 93 | Montenegro | 0 % change on previous year | 2026 | — | volatile |
| 93 | Mauritania | 0 % change on previous year | 2022 | — | volatile |
| 93 | Malaysia | 0 % change on previous year | 2024 | — | volatile |
| 93 | Nigeria | 0 % change on previous year | 2024 | — | volatile |
| 93 | Nepal | 0 % change on previous year | 2024 | — | volatile |
| 93 | Oman | 0 % change on previous year | 2024 | — | volatile |
| 93 | Peru | 0 % change on previous year | 2024 | — | volatile |
| 93 | Philippines | 0 % change on previous year | 2024 | down 100.0% | volatile |
| 93 | Papua New Guinea | 0 % change on previous year | 2024 | down 100.0% | volatile |
| 93 | Rwanda | 0 % change on previous year | 2024 | — | volatile |
| 93 | Sudan | 0 % change on previous year | 2024 | — | volatile |
| 93 | Solomon Islands | 0 % change on previous year | 2024 | — | volatile |
| 93 | Sierra Leone | 0 % change on previous year | 2024 | — | volatile |
| 93 | El Salvador | 0 % change on previous year | 2024 | down 100.0% | volatile |
| 93 | Suriname | 0 % change on previous year | 2024 | down 100.0% | volatile |
| 93 | Seychelles | 0 % change on previous year | 2024 | down 100.0% | volatile |
| 93 | Syria | 0 % change on previous year | 2024 | — | volatile |
| 93 | Chad | 0 % change on previous year | 2024 | — | volatile |
| 93 | Togo | 0 % change on previous year | 2024 | — | volatile |
| 93 | East Timor | 0 % change on previous year | 2024 | — | volatile |
| 93 | Tanzania | 0 % change on previous year | 2024 | — | volatile |
| 93 | United States | 0 % change on previous year | 2026 | — | volatile |
| 93 | Uzbekistan | 0 % change on previous year | 2024 | down 100.0% | volatile |
| 93 | Venezuela | 0 % change on previous year | 2024 | down 100.0% | volatile |
| 93 | Vanuatu | 0 % change on previous year | 2024 | — | volatile |
| 93 | Zambia | 0 % change on previous year | 2024 | — | volatile |
| 167 | Ecuador | -91.3 % change on previous year | 2024 | down 1,419.7% | volatile |
| 168 | Uruguay | -91.67 % change on previous year | 2024 | down 798.1% | volatile |
How this figure is calculated
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.
Computed from
- Monthly minimum wage International Labour Organization
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
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.