Monthly minimum wage in Bosnia and Herzegovina
Bosnia and Herzegovina: Monthly minimum wage was 626 in 2024. ▲ Rising
Monthly minimum wage in Bosnia and Herzegovina, 2016–2024
Source: International Labour Organization.
Analysis
Bosnia and Herzegovina recorded 626 for monthly minimum wage in 2024. That is the highest value across all 9 years on record.
Compared with earlier readings it is up 5.0% on the previous year and up 54.2% over ten years.
Over the whole period, monthly minimum wage in Bosnia and Herzegovina peaked at 626 in 2024 and was at its lowest, 406, in 2016.
Bosnia and Herzegovina ranks 148th of 173 countries on this measure, in the bottom quarter.
Monthly minimum wage in Bosnia and Herzegovina, year by year
| Year | Value | Change |
|---|---|---|
| 2016 | 406 | — |
| 2017 | 406 | +0.0% |
| 2018 | 406 | +0.0% |
| 2019 | 406 | +0.0% |
| 2020 | 406 | +0.0% |
| 2021 | 406 | +0.0% |
| 2022 | 543 | +33.7% |
| 2023 | 596 | +9.8% |
| 2024 | 626 | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 406 | 406 | 406 | 4 |
| 2020s | 515.4 | 406 | 626 | 5 |
Countries ranked near Bosnia and Herzegovina
- 145 Latvia 780 compare
- 146 Papua New Guinea 728 compare
- 147 Montenegro 670 compare
- 148 Belarus 626 compare
- 150 Marshall Islands 624 compare
- 151 Bulgaria 620 compare
More work & labour data for Bosnia and Herzegovina
- Population - Est. & Proj. — Total Population - Both sexes, annual -1.03 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -1.02 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -1.04 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.13 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.2135 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 1,976 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,082 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 676.82 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 689.64 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 1,366 1000 No (2100)
Frequently asked questions
- What is monthly minimum wage in Bosnia and Herzegovina?
- Monthly minimum wage in Bosnia and Herzegovina was 626 in 2024, according to International Labour Organization.
- What is the highest monthly minimum wage recorded in Bosnia and Herzegovina?
- The highest recorded value was 626 in 2024.
- What is the lowest monthly minimum wage recorded in Bosnia and Herzegovina?
- The lowest recorded value was 406 in 2016.
- How does Bosnia and Herzegovina rank for monthly minimum wage?
- Bosnia and Herzegovina ranks 148th out of 173 countries with data for 2024.
- Is monthly minimum wage rising or falling in Bosnia and Herzegovina?
- Over the last ten years it is up 54.2%. The long-run trend across the full record is rising.
- Where does this Bosnia and Herzegovina 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 — 9 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.