Institutional Sign In

Go

Which Country Paid the Highest Minimum Wage in 2015?

April 9, 2016
$2.99
Excel Sheet

The US state of New York has passed legislation that will gradually raise the minimum wage to $15, bringing it level with the rate in California as reported by Joe Myers on the World Economic Forum.

Rising global inequality has made minimum wages a hot topic in countries around the world, as governments attempt to ensure low-paid workers have the chance to escape relative poverty. For example, the UK has also recently introduced a National Living Wage of £7.20 ($10.25) for workers aged over 25.

So what does the minimum wage look like around the world?

The following chart, published by the OECD, shows the situation 27 countries across the globe based on data from 2015. The figures have been adjusted to their post-tax rate and for purchasing power parity, in US dollars: