The National Minimum Wage (NMW) in the United Kingdom was raised to GBP 8.72 per hour in 2020 from GBP 8.21 per hour in 2019. source: Department for Work and Pensions, UK

Minimum Wages in the United Kingdom averaged 6.54 GBP/Hour from 2005 until 2020, reaching an all time high of 8.72 GBP/Hour in 2020 and a record low of 5.05 GBP/Hour in 2005. This page provides - United Kingdom Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Gross Minimum Hourly Wage - values, historical data and charts - was last updated on May of 2021.

Minimum Wages in the United Kingdom is expected to reach 9.15 GBP/Hour by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Gross Minimum Hourly Wage is projected to trend around 9.50 GBP/Hour in 2022 and 9.85 GBP/Hour in 2023, according to our econometric models.

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United Kingdom Gross Minimum Hourly Wage

Actual Previous Highest Lowest Dates Unit Frequency
8.72 8.21 8.72 5.05 2005 - 2020 GBP/Hour Yearly

United Kingdom Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.80 4.90 11.90 3.40 percent [+]
Employed Persons 32476.00 32430.00 33073.00 23630.00 Thousand [+]
Unemployed Persons 2629.00 2673.70 3090.00 422.60 Thousand [+]
Part Time Employment 7853.00 7903.00 8704.00 5995.00 Thousand [+]
Full Time Employment 24578.00 24472.00 24656.00 19136.00 Thousand [+]
Employment Rate 75.20 75.10 76.60 65.60 percent [+]
Claimant Count Change -15.10 -19.40 844.10 -98.50 Thousand [+]
Labor Force Participation Rate 79.00 79.10 79.80 74.10 percent [+]
Long Term Unemployment Rate 1.00 0.90 4.30 0.80 percent [+]
Youth Unemployment Rate 14.30 14.30 22.50 10.80 percent [+]
Labour Costs 112.00 109.50 115.00 19.60 points [+]
Productivity 100.80 100.00 104.50 42.60 points [+]
Job Vacancies 607.00 599.00 864.00 341.00 Thousand [+]
Wages 568.00 569.00 569.00 300.00 GBP/Week [+]
Wages in Manufacturing 632.00 631.00 636.00 356.00 GBP/Week [+]
Wage Growth 4.00 4.50 6.70 -2.70 percent [+]
Minimum Wages 8.72 8.21 8.72 5.05 GBP/Hour [+]
Population 67.03 66.65 67.03 52.20 Million [+]
Retirement Age Women 66.00 65.50 66.00 60.00 [+]
Retirement Age Men 66.00 65.50 66.00 65.00 [+]
Average Weekly Hours 29.60 29.90 33.50 25.80 Hours [+]
Employment Change 84.00 -73.00 311.00 -334.00 Thousand [+]