Countries by Monthly Statutory Minimum Wage 2024

Source:  Wikipedia

Countries by Monthly Statutory Minimum Wage 2024

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Key Findings

🏆
Luxembourg leads in Monthly Minimum Wage (USD) with 2,860 in 2024.
📊
Average Monthly Minimum Wage (USD) in 2024: 2,170  ·  median: 2,140.
↔️
Gap in 2024: Luxembourg is 2.3× larger than United States.

About This Dataset

Countries by Monthly Statutory Minimum Wage 2024
Countries ranked by statutory national minimum wage converted to USD per month at 2024 exchange rates, according to ILO and OECD data. Luxembourg has the world's highest statutory minimum wage, ensuring workers receive the equivalent of over $2,800 per month — a floor that reflects the country's extraordinary cost of living, strong labour protections, and an economy dominated by high-margin financial services and European Union institutions.
Analysis

Luxembourg (2,860), Australia (2,570) and New Zealand (2,460) take the top three in Monthly Minimum Wage (USD) in 2024. Values run from 2,860 at the top to 1,256 at the bottom, a spread of 1,604. First and second are separated by 290, so the leader sits inside the field rather than apart from it. Below the top two the field is tightly packed: the remaining 6 run from 2,460 down to 1,256.

Data Insights

Numbers, trends & sources behind this chart

Admin
⬡
Data Points
8
8 categories  ·  1 year
↑
Top Value
2,860
Luxembourg
Monthly Minimum Wage (USD) · 2024
◈
Metrics
1
Monthly Minimum Wage (USD)
◷
Period
2024
Single year snapshot

Methodology & source

Data source
Wikipedia
Coverage
8 entities · 2024 · 8 observations
Measure
Monthly Minimum Wage (USD)
Last updated
6 September 2026
Compiled by
The ANYSTAT team, from the source above
How the figures are calculated
  • Values use the measure and unit named on this page. Consult the dataset description and cited source for coverage, definitions and any unit conversions. Displayed values may be rounded for readability.
  • Entities are ranked highest-first on their value in 2024.

Rankings & Full Data

8 records · Monthly Minimum Wage (USD) · ranked by 2024

✓ 8 sourced
# Category 2024 Source
🥇 Luxembourg 2,860
🥈 Australia 2,570
🥉 New Zealand 2,460
4 Germany 2,150
5 Netherlands 2,130
6 United Kingdom 1,980
7 France 1,950
8 United States 1,256

Data Sources & References

All external sources cited in this dataset

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