Monthly minimum wage in Marshall Islands
Marshall Islands: Monthly minimum wage was 624 in 2024. ▲ Rising
Monthly minimum wage in Marshall Islands, 2008–2024
Source: International Labour Organization.
Analysis
In 2024, monthly minimum wage in Marshall Islands stood at 624. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 50.0% over ten years.
Over the whole period, monthly minimum wage in Marshall Islands peaked at 624 in 2016 and was at its lowest, 416, in 2008.
That places Marshall Islands 153rd out of 173 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Monthly minimum wage in Marshall Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 416 | — |
| 2009 | 416 | +0.0% |
| 2010 | 416 | +0.0% |
| 2011 | 416 | +0.0% |
| 2012 | 416 | +0.0% |
| 2013 | 416 | +0.0% |
| 2014 | 416 | +0.0% |
| 2015 | 416 | +0.0% |
| 2016 | 624 | +50.0% |
| 2017 | 624 | +0.0% |
| 2018 | 624 | +0.0% |
| 2019 | 624 | +0.0% |
| 2020 | 624 | +0.0% |
| 2021 | 624 | +0.0% |
| 2022 | 624 | +0.0% |
| 2023 | 624 | +0.0% |
| 2024 | 624 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 416 | 416 | 416 | 2 |
| 2010s | 499.2 | 416 | 624 | 10 |
| 2020s | 624 | 624 | 624 | 5 |
Countries ranked near Marshall Islands
More work & labour data for Marshall Islands
- Population - Est. & Proj. — Total Population - Male 11.74 1000 No (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.08 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.5557 % change on previous year (2050)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.3716 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Both sexes 23.8 1000 No (2100)
- Population - Est. & Proj. — Total Population - Female 12.06 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.3725 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.3649 % change on previous year (2100)
- Population - Est. & Proj. — Urban population 56.45 1000 No (2050)
- Population - Est. & Proj. — Rural population 9.41 1000 No (2050)
Frequently asked questions
- What is monthly minimum wage in Marshall Islands?
- Monthly minimum wage in Marshall Islands was 624 in 2024, according to International Labour Organization.
- What is the highest monthly minimum wage recorded in Marshall Islands?
- The highest recorded value was 624 in 2016.
- What is the lowest monthly minimum wage recorded in Marshall Islands?
- The lowest recorded value was 416 in 2008.
- How does Marshall Islands rank for monthly minimum wage?
- Marshall Islands ranks 153rd out of 173 countries with data for 2024.
- Is monthly minimum wage rising or falling in Marshall Islands?
- Over the last ten years it is up 50.0%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from International Labour Organization, published as part of Monthly minimum wage (Local currency). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Data refer to the minimum monthly earnings of all employees as of December 31st of each year. Minimum wages are not reported for countries for which collective bargaining is in place for minimum wages. In cases where a national minimum wage is not mandated, the minimum wage in place in the capital or major city is used. In some cases, an average of multiple regional minimum wages is used. In countries where the minimum wage is set at the sectoral level or occupational level, the minimum wage for manufacturing or unskilled workers is generally applied. Data are converted to U.S. dollars as the common currency, using exchange rates or purchasing power parity (PPP) rates rates for private consumption expenditures. The latter series allows for international comparisons by taking account of the differences in relative prices between countries. For more information, refer to the Wages and Working Time Statistics (COND) database description.