Monthly minimum wage in Palau
Palau: Monthly minimum wage was 883 in 2024. ▲ Rising
Monthly minimum wage in Palau, 2008–2024
Source: International Labour Organization.
Analysis
The most recent figure for monthly minimum wage in Palau is 883, measured in 2024. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 21.3% on the previous year and up 41.5% over ten years.
Over the whole period, monthly minimum wage in Palau peaked at 883 in 2024 and was at its lowest, 520, in 2008.
Palau ranks 144th of 173 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Monthly minimum wage in Palau, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 520 | — |
| 2009 | 520 | +0.0% |
| 2010 | 520 | +0.0% |
| 2011 | 520 | +0.0% |
| 2012 | 520 | +0.0% |
| 2013 | 572 | +10.0% |
| 2014 | 624 | +9.1% |
| 2015 | 676 | +8.3% |
| 2016 | 728 | +7.7% |
| 2017 | 728 | +0.0% |
| 2018 | 728 | +0.0% |
| 2019 | 728 | +0.0% |
| 2020 | 728 | +0.0% |
| 2021 | 728 | +0.0% |
| 2022 | 728 | +0.0% |
| 2023 | 728 | +0.0% |
| 2024 | 883 | +21.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 520 | 520 | 520 | 2 |
| 2010s | 634.4 | 520 | 728 | 10 |
| 2020s | 759 | 728 | 883 | 5 |
Countries ranked near Palau
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 24.6 1000 No (2050)
- Population - Est. & Proj. — Rural population 2.98 1000 No (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.5354 % change on previous year (2050)
- Population - Est. & Proj. — Total Population - Female 5.64 1000 No (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.06 % change on previous year (2050)
- Population - Est. & Proj. — Total Population - Male 5.49 1000 No (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.6167 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Both sexes 11.13 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.5438 % change on previous year (2100)
Frequently asked questions
- What is monthly minimum wage in Palau?
- Monthly minimum wage in Palau was 883 in 2024, according to International Labour Organization.
- What is the highest monthly minimum wage recorded in Palau?
- The highest recorded value was 883 in 2024.
- What is the lowest monthly minimum wage recorded in Palau?
- The lowest recorded value was 520 in 2008.
- How does Palau rank for monthly minimum wage?
- Palau ranks 144th out of 173 countries with data for 2024.
- Is monthly minimum wage rising or falling in Palau?
- Over the last ten years it is up 41.5%. The long-run trend across the full record is rising.
- Where does this Palau 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.