Minimum Wage Comparison Across Countries
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Data Source and Currency
This comprehensive table presents detailed information on the minimum wage in various countries. The data is sourced from Eurostat, and the currency used is the euro.
Notable Changes
It is noteworthy that some countries have experienced minor adjustments to their minimum wage, such as Montenegro, Luxembourg, and the Netherlands.
Highest and Second-Highest Minimum Wages
Luxembourg boasts the highest minimum wage globally, at one thousand four hundred and ninety-eight point forty-seven euros. Ireland follows closely with a minimum wage of one thousand six hundred and thirteen point ninety-five euros.
Ireland's Minimum Wage Trend
Ireland has witnessed a significant increase in its minimum wage over the years. Just four years ago, it stood at a considerably lower one thousand four hundred and sixty-one point eighty-five euros.
Countries Without Minimum Wage Laws
In contrast to countries with established minimum wage regulations, there are several nations without such laws, including Cyprus, Italy, Finland, and Sweden.
Lowest Minimum Wages
At the other end of the spectrum, Bulgaria, Serbia, Albania, and Romania have the lowest minimum wages. Albania holds the distinction of having the lowest minimum wage worldwide, at two hundred and eighty-four point forty-one euros.
Significant Minimum Wage Fluctuations
Regarding countries with the most dramatic minimum wage changes, Romania, Slovakia, and Turkey stand out.
Turkey's Minimum Wage Trend
Turkey's minimum wage has undergone a notable increase. In 2014, it was three hundred and sixty-one point seventy-six euros, but it has since risen to four hundred and forty-six point forty euros.