Country With Highest Minimum Wage In The World In effect the United States has over 100 different minimum wages across the nation This is common in federal nations as Canada 3 and minimum wage in China also has numerous different rates In the table below only the lowest minimum wage is cited or the highest level subdivision where it applies Methodology
Luxembourg Australia New Zealand the UK and Germany pay some of the highest national hourly minimum wage rates However some argue that a minimum wage doesn t always reflect a living wage A minimum wage is the lowest rate an employer can legally pay their staff The state with the highest minimum wage is Washington D C with a minimum wage of 15 74 per hour In contrast the state with the lowest minimum wage in the U S is Georgia with
Country With Highest Minimum Wage In The World
Country With Highest Minimum Wage In The World
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On 9 May 2021 A ranking of OECD countries with the highest minimum wage measured by hourly and annual wage using the latest available data from the OECD A map of the countries with the highest minimum wage Datawrapper America s federal minimum wage has remained unchanged since 2009 at 7 25 per hour Each state is allowed to set their own minimum wage as long as it s higher than the federal minimum In states that do not set their own minimum the federal minimum applies
Acmanley Getty Images Key takeaways With a federal minimum wage of 7 25 the United States does not place in the top 10 in 2021 Seven of the 10 countries with the highest minimum wages are from Europe Most developed countries enact minimum wage increases every year for full time workers as the cost of living increases But not everyone 10 countries with the highest minimum wages Minimum wage requirements vary drastically worldwide Below is a list of countries that offer the highest minimum wages in the world Luxembourg Luxembourg offers the highest minimum wage of any country worldwide at US 3 169 EUR 2 936 per month for skilled talent over the age of 18
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To list the countries with the highest minimum wage in the world we obtained data on minimum wages from the official government websites of the respective countries Since minimum wages for different countries were found in different currencies we converted each minimum wage into USD to make the list reader friendly and thorough While most states have set their own higher minimum wages five have not Alabama Louisiana Mississippi South Carolina and Tennessee Georgia and Wyoming have their own minimum wage but
Albania See more Monthly Minimum Wage help 282 48 Ranked in the World 48 Algeria See more Monthly Minimum Wage help 140 14 Ranked in the World 72 Angola See more Monthly Minimum Wage help 71 17 However the most cited developed countries that haven t defined a national minimum wage are the Nordic countries Denmark Sweden Norway Finland and Iceland and Switzerland where minimum wages are set by each canton individually Other countries without statutory minimum wage include Singapore Italy Austria and Cyprus
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Country With Highest Minimum Wage In The World - 10 countries with the highest minimum wages Minimum wage requirements vary drastically worldwide Below is a list of countries that offer the highest minimum wages in the world Luxembourg Luxembourg offers the highest minimum wage of any country worldwide at US 3 169 EUR 2 936 per month for skilled talent over the age of 18