Monthly minimum wage in Guyana
Guyana: Monthly minimum wage was 60,147 in 2024. ▲ Rising
Monthly minimum wage in Guyana, 2013–2024
Source: International Labour Organization.
Analysis
In 2024, monthly minimum wage in Guyana stood at 60,147. That is the highest value across all 12 years on record.
Compared with earlier readings it is up 71.8% over ten years.
Over the whole period, monthly minimum wage in Guyana peaked at 60,147 in 2022 and was at its lowest, 35,000, in 2013.
That places Guyana 37th out of 173 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Monthly minimum wage in Guyana, year by year
| Year | Value | Change |
|---|---|---|
| 2013 | 35,000 | — |
| 2014 | 35,000 | +0.0% |
| 2015 | 35,000 | +0.0% |
| 2016 | 35,000 | +0.0% |
| 2017 | 44,200 | +26.3% |
| 2018 | 44,200 | +0.0% |
| 2019 | 44,200 | +0.0% |
| 2020 | 44,200 | +0.0% |
| 2021 | 44,200 | +0.0% |
| 2022 | 60,147 | +36.1% |
| 2023 | 60,147 | +0.0% |
| 2024 | 60,147 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 38,943 | 35,000 | 44,200 | 7 |
| 2020s | 53,768 | 44,200 | 60,147 | 5 |
Countries ranked near Guyana
More work & labour data for Guyana
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.4095 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.3957 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.4228 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -0.9077 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.9156 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 295.49 1000 No (2050)
- Population - Est. & Proj. — Rural population 526.41 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 455.78 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 433.17 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 888.95 1000 No (2100)
Frequently asked questions
- What is monthly minimum wage in Guyana?
- Monthly minimum wage in Guyana was 60,147 in 2024, according to International Labour Organization.
- What is the highest monthly minimum wage recorded in Guyana?
- The highest recorded value was 60,147 in 2022.
- What is the lowest monthly minimum wage recorded in Guyana?
- The lowest recorded value was 35,000 in 2013.
- How does Guyana rank for monthly minimum wage?
- Guyana ranks 37th out of 173 countries with data for 2024.
- Is monthly minimum wage rising or falling in Guyana?
- Over the last ten years it is up 71.8%. The long-run trend across the full record is rising.
- Where does this Guyana 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 — 12 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.