The federally mandated minimum wage in the United States is 7.25 U.S. dollars per hour, although the minimum wage varies from state to state. As of January 1, 2025, the District of Columbia had the highest minimum wage in the U.S., at 17.5 U.S. dollars per hour. This was followed by Washington, which had 16.66 U.S. dollars per hour as the state minimum wage. Minimum wage workers Minimum wage jobs are traditionally seen as “starter jobs” in the U.S., or first jobs for teenagers and young adults, and the number of people working minimum wage jobs has decreased from almost four million in 1979 to about 247,000 in 2020. However, the number of workers earning less than minimum wage in 2020 was significantly higher, at about 865,000. Minimum wage jobs Minimum wage jobs are primarily found in food preparation and serving occupations, as well as sales jobs (primarily in retail). Because the minimum wage has not kept up with inflation, nor has it been increased since 2009, it is becoming harder and harder live off of a minimum wage wage job, and for those workers to afford essential things like rent.
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Graph and download economic data for Federal Minimum Hourly Wage for Nonfarm Workers for the United States from Oct 1938 to May 2025 about per hour, minimum wage, nonfarm, workers, hours, federal, wages, and USA.
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Key information about United States Monthly Earnings
Costa Rica is the country with the highest minimum monthly wage in Latin America. According to the minimum salary established by law as of January 2025, workers in the Central American country enjoy a basic monthly wage of over 726 U.S. dollars, an increase of 2.37 percent compared to the previous year. They also earn over 200 U.S. dollars more than the second place, Uruguay. On the other side of the spectrum is Venezuela, where employees are only guaranteed by law a minimum salary of 130 bolívares or little more than 2.50 dollars per month. Can Latin Americans survive on a minimum wage? Even if most countries in Latin America have instated laws to guarantee citizens a basic income, these minimum standards are often not enough to meet household needs. For instance, it was estimated that almost 25 million people in Mexico lacked basic housing services. Salary levels also vary greatly among Latin American economies. In 2020, the average net monthly salary in Mexico was barely higher than Chile's minimum wage in 2021. What can a minimum wage afford in Latin America? Latin American real wages have generally risen in the past decade. However, consumers in this region still struggle to afford non-basic goods, such as tech products. Recent estimates reveal that, in order to buy an iPhone, Brazilian residents would have to work at least two months to be able to pay for it. A gaming console, on the other hand, could easily cost a Latin American worker several minimum wages.
Worldwide, minimum net monthly wages vary from almost ***** U.S. dollars in Luxembourg to ** dollars in Nigeria as of January 2024. Minimum wages must be seen in relation with price levels in a country. One popular way to measure purchasing power is the Big Mac Index.
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Graph and download economic data for Federal Minimum Hourly Wage for Farm Workers for the United States (FEDMINFRMWG) from Jan 1967 to May 2025 about per hour, minimum wage, agriculture, workers, hours, federal, wages, and USA.
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The graph presents the median monthly salary in the United States from 2000 to 2024. The x-axis represents the years, labeled from '00 to '24*, while the y-axis shows the salary amounts in U.S. dollars per month. Throughout this twenty-four-year period, the median monthly salary consistently increased from $2,500 in 2000 to $5,036 in 2024. The data highlights a steady upward trend, with annual salaries rising each year without any declines. Notably, the salary grew by approximately $200 each year from 2000 to 2019, surged to $4,269 in 2020, and continued to climb each subsequent year, reaching $5,000 by 2024. This consistent growth reflects economic advancements and potential increases in workforce compensation over the decade. The information is depicted in a line graph format, effectively illustrating the continuous rise in median monthly salaries across the specified years.
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Graph and download economic data for State Minimum Wage Rate for Georgia (STTMINWGGAM) from Jan 1972 to Jan 2019 about minimum wage, GA, wages, rate, and USA.
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Graph and download economic data for Federal Minimum Wage Rate under the Federal Fair Labor Standards Act (STTMINWGFG) from 1968 to 2025 about minimum wage, federal, wages, labor, rate, and USA.
The country with the highest minimum wage rate in Europe during the first half of 2025 was Luxembourg, with a minimum wage of 2638 euros. Ireland, the Netherlands, and Germany were the countries with the next highest minimum wages, all above 2000 euros a month, while Albania, Bulgaria, and Montenegro had the lowest minimum wages in the same period.
In 1979, about 3.99 million workers were paid hourly rates at the official minimum wage. In 2023, about 81,000 workers were paid hourly rates at the prevailing minimum wage. The prevailing Federal minimum wage was 7.25 U.S. dollars per hour in 2023.
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Federal Hourly Minimum Wage data was reported at 7.250 USD/Hour in Apr 2025. This stayed constant from the previous number of 7.250 USD/Hour for Mar 2025. Federal Hourly Minimum Wage data is updated monthly, averaging 3.350 USD/Hour from Oct 1938 (Median) to Apr 2025, with 1039 observations. The data reached an all-time high of 7.250 USD/Hour in Apr 2025 and a record low of 0.250 USD/Hour in Sep 1939. Federal Hourly Minimum Wage data remains active status in CEIC and is reported by Federal Reserve Bank of St. Louis. The data is categorized under Global Database’s United States – Table US.G: Federal Hourly Minimum Wage.
The monthly minimum wage in Russia as of January 1, 2025, amounted to ****** Russian rubles, or approximately *** U.S. dollars using the exchange rate as of February 28, 2025. In the capital Moscow, it was set at ****** Russian rubles, or around *** U.S. dollars. In the country's second-largest city, Saint Petersburg, it was lower, at ****** Russian rubles. Since 2021, the minimum wage in Russia has been calculated as 42 percent of the median wage. Between 2018 and 2020, it equaled to the minimum cost of living that was set in the country. The poor and the rich in Russia Around ** million residents lived under the poverty line in Russia. Those earning the highest 20 percent of income accounted for approximately ** percent of the total composite monetary income in 2023, while the group with the lowest income had a ***-percent share. Regional disparities The economic disparity was also observed across Russian federal subjects. The median monthly wage ranged from ****** Russian rubles in the Kabardino-Balkaria Republic to ****** Russian rubles in the Chukotka Autonomous Okrug between September 2018 and August 2019. Minimum wage thresholds can be regulated by regional authorities, as long as they are not lower than the federal minimum wage.
Moldova had the highest net minimum monthly wage in the Commonwealth of Independent States (CIS) as of the beginning of 2024, at 222 euros. The minimum wage in Azerbaijan ranked second, measuring at 173 euros, closely followed by Russia. The lowest figure was recorded in Uzbekistan, where the minimum wage was just enough to cover basic food expenses. Why does the minimum wage get adjusted? The main idea behind the minimum wage is to improve the living standards of workers, particularly those in low-paid occupations. Furthermore, it strives to reduce the gender pay gap, promote workers’ effort, reduce the number of people in welfare programs, and increase consumption. Due to inflation and rising prices, governments occasionally review the minimum salary to maintain the purchasing power of their citizens. For example, Kazakhstan had one of the highest inflation rates in the CIS region in 2023, at around 15 percent. Consecutively, the minimum wage in the country increased by approximately 21 percent in that year. Is everyone guaranteed the minimum wage? Despite labor law protections in place, holding a job in an unregistered enterprise or working a non-declared job in a registered enterprise allows employees to circumvent minimum wage regulations. For instance, in Russia, employment in the informal sector made up less than a fifth of the total in 2022. The share of those working in industries unregulated by the state increased from the previous year due to the coronavirus (COVID-19) pandemic. In April 2021, over a fifth of surveyed Russians admitted to working reduced hours, being furloughed, or becoming unemployed, which made the gray economy sector the only viable option for thousands.
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Wages in the United States increased 4.64 percent in April of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United States Wages and Salaries Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Wages in the United States increased to 31.18 USD/Hour in May from 31.06 USD/Hour in April of 2025. This dataset provides - United States Average Hourly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The national minimum wage per month in Spain increased steadily over the last years. The minimum monthly wage grew by about 89 percent from 2008 to 2024, with salaries increasing from 600 euros a month to 1,134 euros a month in 2023. In 2019, the Socialist government of Spain passed a decree by which the national minimum wage would be given a boost of 164 euros, therefore making it stand at 900 euros per month as of that year, the largest increase to date.
Salaries in Spain
Along with the monthly wage, the national minimum daily wage also grew consistently over the past years, with the gross minimum standing at 37.8 euros a day in 2024 relative to 20 euros a day in 2008. Annual wages in Spain have however not followed this trend and fluctuated greatly during the same period. The highest average wage registered in Spain took place in 2009, year in which the mean salary amounted to over 30,000 euros a year after a period of ongoing growth. Spanish salaries however initiated a downtrend that prompted the average worker to earn approximately 29,113 thousand euros a year in 2022.
Salaries in Europe
Iceland ranked as the European country that featured the highest salaries in 2022, with an average wage of approximately 79,473 euros a year. Luxembourg and Switzerland followed second and third, with average salaries of 78,000 and 73,000 a year, respectively. In terms of growth, Portugal ranked as the country that saw the lowest decrease in salaries in 2022 compared to the previous year, with a development of -0.2 percent more relative to 2021, during that year, no European country registered an increase in real wages.
In 2023, the minimum monthly wage in Indonesia stood at around 322 U.S. dollars. This indicated an increased compared to the previous year where the minimum wage was at about 313.76 U.S. dollars.
Slovenia, Estonia, and Poland had the highest net minimum wages among Central and Eastern European countries as of January 2024.
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This dataset provides values for MINIMUM WAGES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
The federally mandated minimum wage in the United States is 7.25 U.S. dollars per hour, although the minimum wage varies from state to state. As of January 1, 2025, the District of Columbia had the highest minimum wage in the U.S., at 17.5 U.S. dollars per hour. This was followed by Washington, which had 16.66 U.S. dollars per hour as the state minimum wage. Minimum wage workers Minimum wage jobs are traditionally seen as “starter jobs” in the U.S., or first jobs for teenagers and young adults, and the number of people working minimum wage jobs has decreased from almost four million in 1979 to about 247,000 in 2020. However, the number of workers earning less than minimum wage in 2020 was significantly higher, at about 865,000. Minimum wage jobs Minimum wage jobs are primarily found in food preparation and serving occupations, as well as sales jobs (primarily in retail). Because the minimum wage has not kept up with inflation, nor has it been increased since 2009, it is becoming harder and harder live off of a minimum wage wage job, and for those workers to afford essential things like rent.