Monthly minimum wage (Local currency), per capita in Palau
Palau: Monthly minimum wage (Local currency), per capita was 0.0499 units per person in 2024. ▲ Rising
Monthly minimum wage (Local currency), per capita in Palau, 2008–2024
Source: Statizoid (derived). Measured in units per person.
Analysis
The most recent figure for monthly minimum wage (local currency), per capita in Palau is 0.0499 units per person, measured in 2024. That is the highest value across all 17 years on record.
The figure is up 21.5% on the previous year and up 41.7% over ten years.
Over the whole period, monthly minimum wage (local currency), per capita in Palau peaked at 0.0499 units per person in 2024 and was at its lowest, 0.0274 units per person, in 2008.
Palau ranks 17th of 170 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Monthly minimum wage (Local currency), per capita in Palau, year by year
| Year | units per person | Change |
|---|---|---|
| 2008 | 0.0274 units per person | — |
| 2009 | 0.0278 units per person | +1.6% |
| 2010 | 0.0283 units per person | +1.7% |
| 2011 | 0.0288 units per person | +1.8% |
| 2012 | 0.0293 units per person | +1.8% |
| 2013 | 0.0324 units per person | +10.7% |
| 2014 | 0.0352 units per person | +8.7% |
| 2015 | 0.038 units per person | +8.0% |
| 2016 | 0.0409 units per person | +7.5% |
| 2017 | 0.0409 units per person | -0.1% |
| 2018 | 0.0409 units per person | -0.0% |
| 2019 | 0.0409 units per person | +0.1% |
| 2020 | 0.0409 units per person | +0.0% |
| 2021 | 0.0409 units per person | +0.1% |
| 2022 | 0.041 units per person | +0.1% |
| 2023 | 0.0411 units per person | +0.2% |
| 2024 | 0.0499 units per person | +21.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0276 units per person | 0.0274 units per person | 0.0278 units per person | 2 |
| 2010s | 0.0356 units per person | 0.0283 units per person | 0.0409 units per person | 10 |
| 2020s | 0.0428 units per person | 0.0409 units per person | 0.0499 units per person | 5 |
Countries ranked near Palau
- 14 Seychelles 0.0546 units per person compare
- 15 Monaco 0.0522 units per person compare
- 16 San Marino 0.0509 units per person compare
- 18 Vietnam 0.0491 units per person compare
- 19 South Korea 0.0398 units per person compare
- 20 Guinea 0.0373 units per person compare
More work & labour data for Palau
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.5897 % change on previous year (2100)
- Population - Est. & Proj. — Urban population, annual growth rate 0.5354 % change on previous year (2050)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.5438 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.06 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 24.6 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 5.64 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 11.13 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 5.49 1000 No (2100)
- Population - Est. & Proj. — Rural population 2.98 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.6167 % change on previous year (2100)
Frequently asked questions
- What is monthly minimum wage (local currency), per capita in Palau?
- Monthly minimum wage (local currency), per capita in Palau was 0.0499 units per person in 2024, according to Statizoid (derived).
- What is the highest monthly minimum wage (local currency), per capita recorded in Palau?
- The highest recorded value was 0.0499 units per person in 2024.
- What is the lowest monthly minimum wage (local currency), per capita recorded in Palau?
- The lowest recorded value was 0.0274 units per person in 2008.
- How does Palau rank for monthly minimum wage (local currency), per capita?
- Palau ranks 17th out of 170 countries with data for 2024.
- Is monthly minimum wage (local currency), per capita rising or falling in Palau?
- Over the last ten years it is up 41.7%. The long-run trend across the full record is rising.
- Where does this Palau data come from?
- The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Monthly minimum wage (Local currency) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Monthly minimum wage (Local currency) ÷ Population, total
Computed from
- Monthly minimum wage International Labour Organization
- Population, total World Population Prospects, United Nations (UN)
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
Monthly minimum wage (Local currency) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.