Monthly minimum wage in Bangladesh
Bangladesh: Monthly minimum wage was 12,500 in 2024. ◆ Volatile
Monthly minimum wage in Bangladesh, 2006–2024
Source: International Labour Organization.
Analysis
In 2024, monthly minimum wage in Bangladesh stood at 12,500. That is the highest value across all 19 years on record.
The figure is up 733.3% over ten years.
Over the whole period, monthly minimum wage in Bangladesh peaked at 12,500 in 2023 and was at its lowest, 1,500, in 2008.
Bangladesh ranks 66th of 173 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 in Bangladesh, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 1,662 | — |
| 2007 | 1,662 | +0.0% |
| 2008 | 1,500 | -9.7% |
| 2009 | 1,500 | +0.0% |
| 2010 | 1,500 | +0.0% |
| 2011 | 1,500 | +0.0% |
| 2012 | 1,500 | +0.0% |
| 2013 | 1,500 | +0.0% |
| 2014 | 1,500 | +0.0% |
| 2015 | 1,500 | +0.0% |
| 2016 | 1,500 | +0.0% |
| 2017 | 1,500 | +0.0% |
| 2018 | 1,500 | +0.0% |
| 2019 | 1,500 | +0.0% |
| 2020 | 1,500 | +0.0% |
| 2021 | 1,500 | +0.0% |
| 2022 | 1,500 | +0.0% |
| 2023 | 12,500 | +733.3% |
| 2024 | 12,500 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,581 | 1,500 | 1,662 | 4 |
| 2010s | 1,500 | 1,500 | 1,500 | 10 |
| 2020s | 5,900 | 1,500 | 12,500 | 5 |
Countries ranked near Bangladesh
- 63 Cape Verde 15,000 compare
- 63 Mauritius 15,000 compare
- 65 Syrian Arab Republic 14,760 compare
- 67 Honduras 11,508 compare
- 68 Mozambique 9,498 compare
- 69 Thailand 8,963 compare
More work & labour data for Bangladesh
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.4985 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.4763 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.5215 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.28 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.22 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 117,837 1000 No (2050)
- Population - Est. & Proj. — Rural population 84,090 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 104,333 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 104,263 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 208,597 1000 No (2100)
Frequently asked questions
- What is monthly minimum wage in Bangladesh?
- Monthly minimum wage in Bangladesh was 12,500 in 2024, according to International Labour Organization.
- What is the highest monthly minimum wage recorded in Bangladesh?
- The highest recorded value was 12,500 in 2023.
- What is the lowest monthly minimum wage recorded in Bangladesh?
- The lowest recorded value was 1,500 in 2008.
- How does Bangladesh rank for monthly minimum wage?
- Bangladesh ranks 66th out of 173 countries with data for 2024.
- Is monthly minimum wage rising or falling in Bangladesh?
- Over the last ten years it is up 733.3%. The long-run trend across the full record is volatile.
- Where does this Bangladesh data come from?
- The figures come from International Labour Organization, published as part of Monthly minimum wage. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 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.