Monthly minimum wage (Local currency), annual growth rate in Taiwan
Taiwan: Monthly minimum wage (Local currency), annual growth rate was 3.79 % change on previous year in 2024. ◆ Volatile
Monthly minimum wage (Local currency), annual growth rate in Taiwan, 1997–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Taiwan recorded 3.79 % change on previous year for monthly minimum wage (local currency), annual growth rate in 2024.
The figure is down 16.8% on the previous year and up 219.2% over ten years.
Over the whole period, monthly minimum wage (local currency), annual growth rate in Taiwan peaked at 9.09 % change on previous year in 2007 and was at its lowest, 0 % change on previous year, in 1998.
Taiwan ranks 80th of 168 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Monthly minimum wage (Local currency), annual growth rate in Taiwan, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1997 | 3.12 % change on previous year | — |
| 1998 | 0 % change on previous year | -100.0% |
| 1999 | 0 % change on previous year | — |
| 2000 | 0 % change on previous year | — |
| 2001 | 0 % change on previous year | — |
| 2002 | 0 % change on previous year | — |
| 2003 | 0 % change on previous year | — |
| 2004 | 0 % change on previous year | — |
| 2005 | 0 % change on previous year | — |
| 2006 | 0 % change on previous year | — |
| 2007 | 9.09 % change on previous year | — |
| 2008 | 0 % change on previous year | -100.0% |
| 2009 | 0 % change on previous year | — |
| 2010 | 0 % change on previous year | — |
| 2011 | 3.47 % change on previous year | — |
| 2012 | 5.03 % change on previous year | +45.0% |
| 2013 | 1.42 % change on previous year | -71.8% |
| 2014 | 1.19 % change on previous year | -16.5% |
| 2015 | 3.81 % change on previous year | +221.4% |
| 2016 | 0 % change on previous year | -100.0% |
| 2017 | 5 % change on previous year | — |
| 2018 | 4.72 % change on previous year | -5.7% |
| 2019 | 5 % change on previous year | +6.0% |
| 2020 | 3.03 % change on previous year | -39.4% |
| 2021 | 0.8403 % change on previous year | -72.3% |
| 2022 | 5.21 % change on previous year | +519.8% |
| 2023 | 4.55 % change on previous year | -12.6% |
| 2024 | 3.79 % change on previous year | -16.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.04 % change on previous year | 0 % change on previous year | 3.12 % change on previous year | 3 |
| 2000s | 0.9091 % change on previous year | 0 % change on previous year | 9.09 % change on previous year | 10 |
| 2010s | 2.96 % change on previous year | 0 % change on previous year | 5.03 % change on previous year | 10 |
| 2020s | 3.48 % change on previous year | 0.8403 % change on previous year | 5.21 % change on previous year | 5 |
Countries ranked near Taiwan
- 77 Panama 4.43 % change on previous year compare
- 78 Netherlands 4.1 % change on previous year compare
- 79 Dominican Republic 4 % change on previous year compare
- 81 France 3.61 % change on previous year compare
- 82 Malta 3.43 % change on previous year compare
- 83 Indonesia 3.38 % change on previous year compare
More work & labour data for Taiwan
- Persons outside the labour force (ILO modelled estimates) 8,300 (2027)
- Labour force (ILO modelled estimates) 12,110 (2027)
- Labour force participation rate (ILO modelled estimates) 59.34 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) -0.0496 % change on previous year (2027)
- Employment-to-population ratio (ILO modelled estimates) 57.24 (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate -0.0099 % change on previous year (2027)
- Employment (ILO modelled estimates) 11,701 (2025)
- Employment 11,701 (2025)
- Employment (ILO modelled estimates), annual growth rate 0.0043 % change on previous year (2025)
- Employment (ILO modelled estimates) (15+), annual growth rate 0.0043 % change on previous year (2025)
Frequently asked questions
- What is monthly minimum wage (local currency), annual growth rate in Taiwan?
- Monthly minimum wage (local currency), annual growth rate in Taiwan was 3.79 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest monthly minimum wage (local currency), annual growth rate recorded in Taiwan?
- The highest recorded value was 9.09 % change on previous year in 2007.
- What is the lowest monthly minimum wage (local currency), annual growth rate recorded in Taiwan?
- The lowest recorded value was 0 % change on previous year in 1998.
- How does Taiwan rank for monthly minimum wage (local currency), annual growth rate?
- Taiwan ranks 80th out of 168 countries with data for 2024.
- Is monthly minimum wage (local currency), annual growth rate rising or falling in Taiwan?
- Over the last ten years it is up 219.2%. The long-run trend across the full record is volatile.
- Where does this Taiwan 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.
Download this data
CSV · JSON — 28 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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.