Monthly minimum wage (Local currency), annual growth rate in Andorra

Andorra: Monthly minimum wage (Local currency), annual growth rate was 7.01 % change on previous year in 2024. ◆ Volatile

Latest (2024)
7.01 % change on previous year
Change on year
down 36.7%
World rank
58th
of 168 countries
All-time high
26.4 % change on previous year
in 2019
All-time low
-15.77 % change on previous year
in 2020
Years of data
9
2016–2024

Monthly minimum wage (Local currency), annual growth rate in Andorra, 2016–2024

-20-1001020302016202020242016: 0 % change on previous year2017: 0 % change on previous year2018: 5.8 % change on previous year2019: 26.4 % change on previous year2020: -15.8 % change on previous year2021: 3.5 % change on previous year2022: 3.2 % change on previous year2023: 11.1 % change on previous year2024: 7 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Andorra recorded 7.01 % change on previous year for monthly minimum wage (local currency), annual growth rate in 2024.

That represents a change of down 36.7% on the previous year and down 73.5% over five years.

Over the whole period, monthly minimum wage (local currency), annual growth rate in Andorra peaked at 26.4 % change on previous year in 2019 and was at its lowest, -15.77 % change on previous year, in 2020.

That places Andorra 58th out of 168 countries with data for 2024, putting it in the middle of the range.

Monthly minimum wage (Local currency), annual growth rate in Andorra, year by year

Annual values for Monthly minimum wage (Local currency), annual growth rate in Andorra, 2016 to 2024.
Year % change on previous year Change
2016 0 % change on previous year
2017 0 % change on previous year
2018 5.77 % change on previous year
2019 26.4 % change on previous year +357.9%
2020 -15.77 % change on previous year -159.7%
2021 3.52 % change on previous year -122.3%
2022 3.25 % change on previous year -7.8%
2023 11.08 % change on previous year +241.3%
2024 7.01 % change on previous year -36.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 8.04 % change on previous year 0 % change on previous year 26.4 % change on previous year 4
2020s 1.82 % change on previous year -15.77 % change on previous year 11.08 % change on previous year 5

Countries ranked near Andorra

  1. 55 Czechia 7.69 % change on previous year compare
  2. 56 Canada 7.09 % change on previous year compare
  3. 57 Tunisia 7.02 % change on previous year compare
  4. 59 North Macedonia 6.85 % change on previous year compare
  5. 60 Romania 6.79 % change on previous year compare
  6. 61 Estonia 6.77 % change on previous year compare

See the full ranking of 168 places →

More work & labour data for Andorra

All data for Andorra →

Frequently asked questions

What is monthly minimum wage (local currency), annual growth rate in Andorra?
Monthly minimum wage (local currency), annual growth rate in Andorra was 7.01 % change on previous year in 2024, according to Statizoid (derived).
What is the highest monthly minimum wage (local currency), annual growth rate recorded in Andorra?
The highest recorded value was 26.4 % change on previous year in 2019.
What is the lowest monthly minimum wage (local currency), annual growth rate recorded in Andorra?
The lowest recorded value was -15.77 % change on previous year in 2020.
How does Andorra rank for monthly minimum wage (local currency), annual growth rate?
Andorra ranks 58th out of 168 countries with data for 2024.
Where does this Andorra data come from?
The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), annual growth rate. Statizoid updates them automatically from the source API.

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Monthly minimum wage (Local currency), annual growth rate in Andorra. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://labour.statizoid.com/stat/monthly-minimum-wage-local-currency-annual-growth-rate/andorra/

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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

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 (Local currency), 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, 3,744 data points, 1981–2026
Last refreshed

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.