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Minimum Wages Forecast 2026/2027
World
Europe
America
Asia
Africa
Australia
G20
WORLD
AMERICA
EUROPE
ASIA
AUSTRALIA
AFRICA
Country
Last
2026
2027
2028
Angola
32181.15
Dec/25
35000
35000
35000
AOA/Month
Argentina
346800.00
Feb/26
390612
400568
400568
ARS/Month
Australia
948.00
Jul/25
976
976
1000
AUD/week
Azerbaijan
400.00
Jan/26
400
470
470
AZN/Month
Bangladesh
12500.00
Dec/25
15500
15500
15500
BDT/Month
Belarus
858.00
Jan/26
830
920
920
BYN/Month
Bulgaria
620.00
Jun/26
620.2
650
650
EUR/Month
Canada
17.60
Oct/25
18
18.3
18.3
CAD/Hour
Cape Verde
13000.00
Jan/25
15000
15000
15000
CVE/Month
Chile
529000.00
May/25
540000
550000
550000
CLP/Month
China
2740.00
Jan/26
2690
2720
2720
CNY/Month
Colombia
1423500.00
Dec/25
1750000
1900000
2100000
COP/Month
Ecuador
482.00
Dec/26
480
490
490
USD/Month
Egypt
7000.00
Jan/26
8500
8800
8800
EGP/Month
Germany
13.90
Jan/26
13.9
14.6
15.1
EUR/Hour
India
178.00
Dec/26
190
190
190
INR/Day
Indonesia
5.73
Jan/26
5.9
6.1
6.1
IDR Million/Month
Ireland
14.15
Jan/26
14.4
15.1
15.1
EUR/Hour
Japan
1064.00
Oct/26
1130
1190
1190
JPY/Hour
Kazakhstan
85000.00
Jan/26
100500
100500
100500
KZT/Month
Kenya
15201.65
May/25
17200
17200
17200
KES/Month
Kyrgyzstan
3280.00
Dec/26
2750
2750
2750
KGS/Month
Lithuania
1153.00
Jun/26
1153
1198
1198
EUR/Month
Macedonia
36037.00
Mar/25
38200
38200
39200
MKD/Month
Malaysia
1700.00
Dec/26
1900
2000
2000
MYR/Month
Mexico
278.93
Dec/25
302
320
320
MXN/Day
Mozambique
6688.00
Jul/25
6700
6900
6900
MZN/Month
New Zealand
23.50
Apr/25
24
24
24.5
NZD/Hour
Nigeria
70000.00
Jan/26
75000
75000
75000
NGN/Month
Peru
1130.00
Nov/25
1200
1290
1290
PEN/Month
Philippines
695.00
Dec/26
660
660
660
PHP/day
Russia
27093.00
Jan/26
31157
34273
34273
RUB/Month
South Africa
28.79
Mar/25
30.23
31.5
33
ZAR/Hour
South Korea
10030.00
Dec/25
10200
10600
10600
KRW/Hour
Sri Lanka
17500.00
Dec/25
19000
19000
19000
LKR/Month
Taiwan
29500.00
Dec/26
29420
31000
31000
TWD/Month
Thailand
400.00
Dec/26
374
385
385
THB/Day
Turkey
33030.00
Dec/26
33030
34200
34200
TRY/Month
Ukraine
8647.00
Jan/26
8688
9374
9374
UAH/Month
United Kingdom
12.71
Apr/26
12.71
12.98
12.98
GBP/Hour
Venezuela
13000000.00
Jan/25
13000000
13000000
13000000
VEF/Month
Vietnam
5310.00
Jan/26
5300
5300
5300
VND Thousand/Month
Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Minimum Wages Forecast 2026/2027 - was last updated on Thursday, February 12, 2026.
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