Annual Salary At Minimum Wage

The minimum wage in America is $7.25 per hour. That means that if you work at a part-time job, you’ll be earning $290 per week, which comes out to $15,080 annually.

That’s not enough to live on in most places. To make ends meet, you’d have to work 40 hours per week and 52 weeks per year—and even then, it wouldn’t be enough!

As of April 1, 2019, the federal minimum wage is $7.25/hour. This is the lowest amount of money that employers are legally required to pay their hourly employees. Some states have higher minimum wages than this; other states have lower ones. State and local governments also sometimes have their own minimum wage laws that apply to specific industries or geographic areas.

The federal minimum wage has been in place since 1938, when it was set at 25 cents per hour (equivalent to about $4 today). It’s been raised a few times since then but has not kept pace with inflation: a dollar today does not buy as much as a dollar did in 1938.

Annual Salary At Minimum Wage

This is a list of the official minimum wage rates of the 193 United Nations member states and former members of the United Nations, also including the following territories and states with limited recognition (Northern CyprusKosovo, etc.) and other independent countries. Some countries may have a very complicated minimum wage system; for example, India has more than 1202 minimum wage rates for different types of industries and skill levels.[1] Meanwhile other countries may have a national rate which often is superseded by state, provincial, cantonal, county and city minimum wage rates. For example 33 states in the United States have higher minimum wages than the federal rate (plus military rates on federal bases) – on top of this an additional 42 city-level subdivisions having different minimum wage rates and 53 countries.[2] In effect the United States has over 100 different minimum wages across the nation. This is common in Federal nations as Canada[3] and China also have numerous different rates. In the article below only the lowest minimum wage is cited, or the highest-level subdivision where it applies.

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The minimum wages listed refer to a gross amount, that is before deduction of taxes and social security contributions, which vary from one country to another. Also excluded from calculations are regulated paid days off, including public holidays, sick pay, annual leave and social insurance contributions paid by the employer.

For the sake of comparison, an annual wage column is provided in international dollars, a hypothetical unit of currency calculated based on the purchasing power parity (PPP) of household final consumption expenditure. For calculating the annual wage, the lowest general minimum wage was used.

List[edit]

CountryMinimum wageAnnualWorkweek
(hours)[4]
HourlyPercent of
GDP per capita[5]
Effective per
Nominal (US$)[6]PPP (Int$)[7]Nominal (US$)[8]PPP (Int$)[9]
 AfghanistanAfs.5,500 ($67) per month for non-permanent private sector. The minimum wage for permanent government workers was Afs.6,000 ($74) per month. There was no minimum wage for permanent workers in the private sector.[10]8663,272400.421.57168.3%2017
 Albania30,000 lekë ($280) per month, in private sector and 37,000 lekë ($332) per month in public sector. The law establishes a 40-hour workweek, but the actual workweek is typically set by individual or collective-bargaining agreement.[10][11][12][13]3,2776,523401.583.1456.5%5 May 2017
 AlgeriaDA20,000 (US$156.19) per month, nationally.[14][15]2,0106,247400.97341.6%1 May 2020
 Andorra.[16]14,39711,020407528%1 January 2019
 AngolaKz32,181 (US$61) per month; paid thirteen times a year.[17][18]1,1473,161440.51.3849%2022
 Antigua and BarbudaEC$8.20 per hour (US$3.03).[10][19][20]6,3177,788403.043.7434.4%1 November 2014
 Argentina$45,540 (US$350) per month for up to 200 hours; paid thirteen times a year.[21][22]12,29663,535484.9325.45318.6%1 June 2022
 Armenia68,000֏ (US$157) per month.[10][23]1,6984,140400.821.9946.9%1 July 2019
 AustraliaMost workers are covered by an award, which may vary by employee age, geographical location and industry. Workers receive mandatory employer superannuation contributions of at least 10% (increasing to 12% by 2025) of wages, alongside loadings such as penalty rates or leave loading. Minimum wages are set federally by the Fair Work Commission.

For those 21 and older, not covered by an award or other instrument, the minimum wages is A$772.60 (US$568.34) per week, or A$20.33 (US$14.95) per hour.[24] Casual workers are paid a loading of typically 25%, resulting in a minimum of A$24.80 per hour for those workers.

Workers under 21, apprentices and trainees not covered by an award, have a minimum wages set at a percentage of the ordinary rate.[24] For those under 16, this is 36.8% or A$7.30 per hour; A$9.13 with the casual loading.[25]
28,73425,1103814.5412.7154.6%1 July 2021
 AustriaNone; National collective bargaining agreements set minimum wages by job classification for each industry and provide for a minimum wage of 1,200 ($1,289) per month[dubious – discuss]. Wages where no such collective agreements exist, such as for domestic workers, janitorial staff and au pairs, are regulated by relevant legislation and are generally lower than those covered by collective bargaining. The national minimum wage legislation has lapsed, although is still in force by convention.[26][10]402017
 Azerbaijan300 (US$176) per month.[27][28]2,11810,286401.024.9559.6%1 January 2022
 The BahamasB$5.25 (US$5.25) per hour, B$42 (US$42) per day, and B$210 (US$210) per week.[10][29][30]10,9209,579405.254.6142.5%15 August 2015
 BahrainNone; BD 300 (US$800) for the public sector workers (only applies to Bahraini nationals).[10]482017
 Bangladesh1,500 (US$19) per month for all economic sectors not covered by industry-specific wages; in the garment industry the minimum wage raised to ৳8,000 (US$95) per month since 1 December 2018.[31] The minimum wage is set nationally every five years by the National Minimum Wage Board in a tripartite forum industry by industry.[10][18][32][33][34]214564480.090.2315.8%1 December 2013
 BarbadosBDS$6.25 (US$3.13) per hour for household domestics and shop assistants; the Ministry of Labor recommends all other sectors use this as the de facto minimum wage.[10][35]6,5005,285403.132.5429.3%1 March 2012
 Belarus400 Br per month.[36]0140000%1 January 2021
 Belgium€1,691.40 per month.[37][18][38]23,18323,0653811.7311.6749.7%1 January 2022
 BelizeBZ$5 (US$2.48) per hour.[10][39][40]5,85010,263452.54.39121.3%22 July 2022
 Benin40,000 fr.CFA (US$70) per month; the government set minimum wage scales for a number of occupations.[18][41]8192,149400.391.0399.1%1 April 2014
 BhutanNu.3,750 per month.[10][42][43]6392,020400.310.9722.7%1 February 2014

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