Monthly minimum wage in Barbados

Barbados: Monthly minimum wage was 1,473 in 2024. ▲ Rising

Latest (2024)
1,473
Change on year
unchanged
World rank
117th
of 173 countries
All-time high
1,473
in 2021
All-time low
866.67
in 2011
Years of data
14
2011–2024

Monthly minimum wage in Barbados, 2011–2024

05001.0k1.5k2011201720242011: 866.72012: 1.1k2013: 1.1k2014: 1.1k2015: 1.1k2016: 1.1k2017: 1.1k2018: 1.1k2019: 1.1k2020: 1.1k2021: 1.5k2022: 1.5k2023: 1.5k2024: 1.5k

Source: International Labour Organization.

Analysis

In 2024, monthly minimum wage in Barbados stood at 1,473. That is the highest value across all 14 years on record.

Compared with earlier readings it is up 36.0% over ten years.

Over the whole period, monthly minimum wage in Barbados peaked at 1,473 in 2021 and was at its lowest, 866.67, in 2011.

Barbados ranks 117th of 173 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 14 years of available data.

Monthly minimum wage in Barbados, year by year

Annual values for Monthly minimum wage in Barbados, 2011 to 2024.
Year Value Change
2011 866.67
2012 1,083 +25.0%
2013 1,083 +0.0%
2014 1,083 +0.0%
2015 1,083 +0.0%
2016 1,083 +0.0%
2017 1,083 +0.0%
2018 1,083 +0.0%
2019 1,083 +0.0%
2020 1,083 +0.0%
2021 1,473 +36.0%
2022 1,473 +0.0%
2023 1,473 +0.0%
2024 1,473 +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 1,059 866.67 1,083 9
2020s 1,395 1,083 1,473 5

Countries ranked near Barbados

  1. 114 Antigua and Barbuda 1,559 compare
  2. 115 Malaysia 1,500 compare
  3. 116 Slovenia 1,482 compare
  4. 118 Spain 1,425 compare
  5. 119 Brazil 1,412 compare
  6. 120 Andorra 1,376 compare

See the full ranking of 173 places →

More work & labour data for Barbados

All data for Barbados →

Frequently asked questions

What is monthly minimum wage in Barbados?
Monthly minimum wage in Barbados was 1,473 in 2024, according to International Labour Organization.
What is the highest monthly minimum wage recorded in Barbados?
The highest recorded value was 1,473 in 2021.
What is the lowest monthly minimum wage recorded in Barbados?
The lowest recorded value was 866.67 in 2011.
How does Barbados rank for monthly minimum wage?
Barbados ranks 117th out of 173 countries with data for 2024.
Is monthly minimum wage rising or falling in Barbados?
Over the last ten years it is up 36.0%. The long-run trend across the full record is rising.
Where does this Barbados 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.

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Monthly minimum wage in Barbados. Statizoid, drawing on International Labour Organization. Retrieved 23 August 2026, from https://labour.statizoid.com/stat/monthly-minimum-wage/barbados/

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About this data

Indicator
Monthly minimum wage
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
173 places, 3,960 data points, 1980–2026
Last refreshed

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.