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 ove...
About: Countries by Monthly Statutory Minimum Wage 2024
Overview of the data behind this chart
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.
Key Findings
Auto-computed highlights from this dataset
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Luxembourg leads with 2,860 in 2024.
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Average value in 2024: 2,170 · median: 2,140.
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Gap in 2024: Luxembourg is 2.3× larger than United States.
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Countries by Monthly Statutory Minimum Wage 2024
Data Insights
Numbers, trends & sources behind this chart⬡
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
Category Rankings
Ranked by 2024 value · vs. 2024| # | Category | 2024 | 2024 | Change |
|---|---|---|---|---|
| 🥇 | Luxembourg | 2,860 | 2,860 | +0% |
| 🥈 | Australia | 2,570 | 2,570 | +0% |
| 🥉 | New Zealand | 2,460 | 2,460 | +0% |
| 4 | Germany | 2,150 | 2,150 | +0% |
| 5 | Netherlands | 2,130 | 2,130 | +0% |
| 6 | United Kingdom | 1,980 | 1,980 | +0% |
| 7 | France | 1,950 | 1,950 | +0% |
| 8 | United States | 1,256 | 1,256 | +0% |
Statistical Summary — 2024
2,860
Maximum
1,256
Minimum
2,170
Average
2,140
Median
What This Data Shows
Auto-generated trend summaries per category
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Full Data Table
8 records across 1 yearData Sources & References
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