Comparative Wages
In Selected Countries
(As of 31 July 2018)

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Country/City Daily Minimum Wage Monthly Minimum Wage Exchange Rate
Per US$1*
In Country
Currency
In US$ In Country
Currency
In US$
Bangladesh
(Taka)
176.67 a/ 2.12 5,300.00 1/ 63.52 83.4427
Mongolia
(Tugrik)
8,000.00 a/ 3.26 240,000.00 2/ 97.81 2,453.8400
Myannmar
(Kyat)
3,600.00 3/ 2.49 108,000.00 b/ 74.77 1,444.5200
Laos PDR
(Kip)
30,000.00 a/ 3.59 900,000.00 4/ 107.71 8,355.5100
Pakistan
(Rupee)
500.00 a/ 4.07 15,000.00 5/ 122.15 122.7970
Cambodia
(Cambodian Riel)
22,666.67 a/ 5.67 680,000.00 6/ 170.00 4,000.0000
Vietnam
(Region I & II)

(Dong)
110,666.67-125,000.00 a/ 4.78-5.39 3,320,000.00-3,750,000.00 7/ 143.29-161.85 23,170.1000
Philippines/XI
(Peso)
340.00 8/ 6.41 10,200.00 b/ 192.32 53.0354
Philippines/VII
(Peso)
308.00-366.00 9/ 5.81-6.90 9,240.00-10,980.00 b/ 174.22-207.03 53.0354
Philippines/III
(Peso)
329.00-380.00 10/ 6.20-7.17 9,870.00-11,400.00 b/ 186.10-214.95 53.0354
Philippines/IV-A
(Peso)
303.00-400.00 11/ 5.71-7.54 9,090.00-12,000.00 b/ 171.39-226.26 53.0354
Indonesia
(Rupiah)
44,591.50-111,858.33 a/ 3.09-7.76 1,337,745.00-3,355,750.00 12/ 92.84-232.90 14,408.5000
Malaysia
(Ringgit)
30.67-33.33 a/ 7.56-8.22 920.00-1,000.00 13/ 226.83-246.56 4.0559
Philippines/NCR
(Peso)
475.00-512.00 14/ 8.96-9.65 14,250.00-15,360.00 b/ 268.69-289.62 53.0354
Thailand
(Baht)
308.00-330.00 15/ 9.28-9.94 9,240.00-9,900.00 b/ 278.38-298.26 33.1920
China
(Yuan Renminbi)
33.33-73.00 a/ 4.89-10.71 1,000.00-2,190.00 16/ 146.68-321.24 6.8174
Hongkong
($HK)
276.00 17/ 35.17 8,280.00 b/ 1,054.97 7.8486
Taiwan
(Taiwan Dollar)
1,120.00 18/ 36.61 33,600.00 b/ 1,098.33 30.5918
South Korea
(Won)
60,240.00 19/ 54.00 1,807,200.00 b/ 1,620.05 1,115.5200
Japan
(Japan Yen)
5,896.00-7,664.00 20/ 52.87-68.73 176,880.00-229,920.00 b/ 1,586.23-2,061.88 111.5100
New Zealand
(New Zealand Dollar)
105.60-132.00 21/ 72.00-90.00 3,168.00-3,960.00 b/ 2,160.05-2,700.07 1.4666
Australia
(Australian Dollar)
151.44 22/ 112.46 4,543.20 b/ 3,373.86 1.3466
 

 

1/ Bangladesh: Minimum wage in the garment industry, 2013, every 5 years.
2/ Mongolia: (4th protocol) raising the hourly salary to MNT 1428.60 per hour and the minimum monthly wage up to MNT 240,000. The new wage minimum wage will take effect from 1st January 2017, https://www.news.mn/content/print/30085.
3/ Myanmar approved the first national MW for all sectors and industries at 3,600 kyat per day effective, September 1, 2015.
4/ Laos: The minimum wage in Laos was increased by 44% from 626,000 Kip (US$77) to 900,000 Kip (US$111 per month effective April 1, 2015. http://www.business-in-asia.com/wages/laos_minimum_wage.html)
5/ Pakistan: Pakistan has raised the federal minimum wage to Rs. 15,000 /mo for unskilled workers until July 2018. http://www.fairlabor.org/sites/default/files/documents/reports/may_2018_legal_minimum_wages_in_pakistan.pdf
6/ Cambodia Effective Jan. 1, 2018 to Dec 31, 2018, minimum wage for regular employee in the Garment & Shoe Industry is 680,000 Riel at US$-Cambodian RIEL Exchange rate of 4000riel /1US$. http://www.prake.org/home/salary/minimum-wages
7/ Vietnam: New minimum wage, varying from VND 3.320 to 3.750 million/mo for Zone I and II respectively. Effective January 01, 2017: http://www.molisa.gov.vn/en/Pages/Detail-document.aspx?vID=669
8/ PH-RB XI: Highest daily minimum wage in Non-Agri. is P340.00 in XI - effective December 16, 2016.
9/ PH-RB VII: Highest daily minimum wage in Non-Agri. is P366.00 in VII, and the lowest minimum wage is P308.00 - effective March 10, 2017.
10/ PH-RB III: Highest daily minimum wage in Non-Agri. is P380.00 in III, and the lowest minimum wage is P329.00 - effective May 1, 2017.
11/ PH-RB IV-A: Highest daily minimum wage in Non-Agri. is P400.00 in IV-A (Growth Corridor Area), and the lowest minimum wage is P303.00 (Resourced Based Area)-effective April 28, 2018.
12/ Indonesia: Minimum Wage in Jakarta 3,355,750 Rupiah (highest) and Yogyakarta 1,337,745 (lowest). Effective for the year 2017. http://www.balistoreluggage.com/blog/umk-bali-ump-indonesia/
13/ Malaysia: The minimum wage order of 2016 will effect on July 1, 2016, the minimum wage were set according to region RM1,000 for Peninsular Malaysia and RM920 per month for Sabah, Sarawak and Labuan.
14/ PH-RB NCR: Highest daily minimum wage is P512.00 in NCR, effective October 5, 2017.
15/ Thailand: The minimum wage in Thailand increased by an additional 5 and 22 baht per day or (308-330) in varying provinces. Effective April 1, 2018, http://www.bakermckenzie.com/en/insight/publications/2018/02/new-minimum-wage-relief-measures/
16/ China: China's lowest minimum wage is in Guangxi - other country level-cities (at 1,000 RMB/mo) effective March 26, 2015. Highest min. wage is in Shanghai (at 1820 RMB/mo). Effective April 1, 2016 http://www.china-briefing.com/news/2016/05/26/complete-guidde-2016-minimum-wage-levels-across-china.html
17/ Hongkong: Effective May 1,2017, the Statutory Min Wage rate is HK$ 34.50/hr. http://www.labour.gov.hk/eng/news/mwo.htm
18/ Taiwan: The basic wage had been adjusted to NT$140 per hour, effective January 1, 2018 http://www.english.mol.gov.tw/6386/6394/6402/26387/
19/ South Korea: (SK) Minimum wage at7,530 SK won/hour, Effective Jan- Dec 2018, http://annx.asianews.network/content/korea-raises-minimum-hourly-wage-7530-won-2018-50737
20/ Japan: The highest minimum wage is in Tokyo at 958 yen/hr, while the lowest is 737 yen/hr in Okinawa, Saga, Nagasaki, Kumamoto, Miyazaki, Kagoshima, effective October 2017. http://www.mhlw.go.jp/stf/seisakunitsuite/bunya/koyou_roudou/roudoukijun/minimumichiran/index.html
21/ New Zealand: The minimum wage rates are: 16.50/hr(132 for an 8-hour day)for workers 16 years old or older,& NZ$13.20/hr (NZ$105.60 for 8hr/day) for those starting-out workers and employees on training. Effective April 1, 2018, https://www.employment.govt.nz/hours-and-wages/pay/minimum-wage/minimum-wage-rates/
22/ Australia: The National Minimum Wage was raised to A$18.93/hr or A$719.20/week. Effective July 1, 2018. http://www.abc.net.au/news/2018-06-01/australian-minimum-wage-increased-by-3.5-per-cent/9824282
a/ Daily equivalent of MW computed using 30 days.
b/ Monthly equivalent of DMW computed using 30 days.
 
Sources of data: Internet web page of respective countries and other press releases; *Oanda.com (FX currency converter) (Every last working day of the month) 31 July 2018.

National Wages and Productivity Commission
 
Updated: 13 August 2018