Monthly minimum wage in Honduras
Honduras: Monthly minimum wage was 11,508 in 2024. ◆ Volatile
Monthly minimum wage in Honduras, 1995–2024
Source: International Labour Organization.
Analysis
In 2024, monthly minimum wage in Honduras stood at 11,508. That is the highest value across all 30 years on record.
That represents a change of up 10.0% on the previous year and up 67.8% over ten years.
Over the whole period, monthly minimum wage in Honduras peaked at 11,508 in 2024 and was at its lowest, 441, in 1995.
That places Honduras 67th out of 173 countries with data for 2024, putting it 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 Honduras, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 441 | — |
| 1996 | 598 | +35.6% |
| 1997 | 676 | +13.0% |
| 1998 | 775 | +14.6% |
| 1999 | 910 | +17.4% |
| 2000 | 962 | +5.7% |
| 2001 | 1,092 | +13.5% |
| 2002 | 1,245 | +14.0% |
| 2003 | 1,395 | +12.0% |
| 2004 | 1,562 | +12.0% |
| 2005 | 1,750 | +12.0% |
| 2006 | 1,942 | +11.0% |
| 2007 | 2,156 | +11.0% |
| 2008 | 2,393 | +11.0% |
| 2009 | 5,500 | +129.9% |
| 2010 | 5,500 | +0.0% |
| 2011 | 5,858 | +6.5% |
| 2012 | 6,186 | +5.6% |
| 2013 | 6,532 | +5.6% |
| 2014 | 6,859 | +5.0% |
| 2015 | 7,222 | +5.3% |
| 2016 | 7,619 | +5.5% |
| 2017 | 7,871 | +3.3% |
| 2018 | 8,244 | +4.7% |
| 2019 | 8,637 | +4.8% |
| 2020 | 9,069 | +5.0% |
| 2021 | 9,432 | +4.0% |
| 2022 | 9,934 | +5.3% |
| 2023 | 10,463 | +5.3% |
| 2024 | 11,508 | +10.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 680 | 441 | 910 | 5 |
| 2000s | 2,000 | 962 | 5,500 | 10 |
| 2010s | 7,053 | 5,500 | 8,637 | 10 |
| 2020s | 10,081 | 9,069 | 11,508 | 5 |
Countries ranked near Honduras
- 65 Syrian Arab Republic 14,760 compare
- 66 Bangladesh 12,500 compare
- 68 Mozambique 9,498 compare
- 69 Thailand 8,963 compare
- 70 Ukraine 8,647 compare
More work & labour data for Honduras
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.1079 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.0917 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.1244 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.17 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 9,793 1000 No (2050)
- Population - Est. & Proj. — Rural population 3,456 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 8,495 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 8,535 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 17,030 1000 No (2100)
Frequently asked questions
- What is monthly minimum wage in Honduras?
- Monthly minimum wage in Honduras was 11,508 in 2024, according to International Labour Organization.
- What is the highest monthly minimum wage recorded in Honduras?
- The highest recorded value was 11,508 in 2024.
- What is the lowest monthly minimum wage recorded in Honduras?
- The lowest recorded value was 441 in 1995.
- How does Honduras rank for monthly minimum wage?
- Honduras ranks 67th out of 173 countries with data for 2024.
- Is monthly minimum wage rising or falling in Honduras?
- Over the last ten years it is up 67.8%. The long-run trend across the full record is volatile.
- Where does this Honduras 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 — 30 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.