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Statutory nominal gross monthly minimum wage -- Harmonized series (constant 2011 PPP $) (discontinued)

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Knoema2024-03-07 更新2024-07-13 收录
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Data refer to the minimum monthly earnings of all employees as of December 31st of each year. Minimum wages are not reported for countries for which collective bargaining is in place for minimum wages. In cases where a national minimum wage is not mandated, the minimum wage in place in the capital or major city is used. In some cases, an average of multiple regional minimum wages is used. In countries where the minimum wage is set at the sectoral level or occupational level, the minimum wage for manufacturing or unskilled workers is generally applied. This is a harmonized series: (1) data reported as hourly, weekly, and yearly are first converted to monthly, using data on average weekly hours if available, and then converted to U.S. dollars using 2011 purchasing power parity (PPP) rates for private consumption expenditures. This allows for international comparisons by taking account of the differences in relative prices between countries. For more information, refer to our resources on methods.
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Knoema
创建时间:
2020-05-06
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