WSI Minimum Wage Database Version: January 2017

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1 Version: January 2017 Contact: Prof. Dr. Thorsten Schulten Wirtschafts- und Sozialwissenschaftliches Institut (WSI) der Hans-Böckler-Stiftung Hans-Böckler-Straße 39 D Düsseldorf Tel +49 (0) Fax +49 (0)

2 Minimum Wages at a glance Tables Effective January 2017 (EUR and PPS) Development 2016 Development Figures pe in EUR International in EUR pe in PPS International in PPS Nominal development Real development Minimum Wages in pe and selected countries EU Rest of pe Belgium Bulgaria Croatia Czech Republic Estonia France Germany Greece Hungary Ireland Latvia Lithuania Luxembourg Malta Netherlands Poland Portugal Romania Slovakia Slovenia Spain United Kingdom Albania Macedonia Moldova Russia Serbia Turkey Ukraine Outside of pe Argentina Australia Brazil Canada Japan Korea New Zealand USA Annex Development of consumer prices Annual average 2016 reference rate Development of annual average exchange rates Calculation Purchasing Power Standard (PPS)

3 in ** Minimum Wages in and PPS Effective January 2017 latest change in PPS (Purchasing Power Standard)*** pean Union Luxembourg Luxembourg 9.24 France France 9.04 Netherlands Germany 8.65 Belgium Netherlands 8.52 Ireland Belgium 8.47 Germany United Kingdom 7.38 United Kingdom Ireland 7.38 Slovenia Slovenia 5.69 Spain Malta 5.16 Malta Poland 4.92 Portugal Spain 4.65 Greece Portugal 4.05 Estonia Hungary 4.04 Poland Greece 3.92 Croatia Czech Republic 3.73 Slovakia Croatia 3.71 Czech Republic Slovakia 3.67 Hungary Estonia 3.61 Lithuania Lithuania 3.61 Latvia Latvia 3.17 Romania Bulgaria 2.96 Bulgaria Romania 2.64 Rest of pe Turkey Turkey 4.83 Macedonia**** Macedonia 3.22 Serbia**** Ukraine 3.01 Albania Serbia 2.66 Ukraine Albania 1.88 Russia Moldova 1.56 Moldova Russia 1.54 Outside of pe Australia Australia 9.20 New Zealand New Zealand 7.75 Canada* Canada* 6.93 Japan* Japan* 5.95 USA USA 5.94 Korea Argentina 5.92 Argentinien Korea 5.18 Brazil Brazil 1.71 * weights average of regional Minimum Wages ** when indicated calculated on the average reference rate in 2015 *** calculated on the basis of the calculated PPS in 2014 of the World Bank **** estimated, because the minimum wage is defined as net wage

4 Development of the Minimum Wages 2016 (Comparison of 1. January 2016 with 1. January 2017); in % Nominal Real* Ukraine Ukraine Argentina 33.0 Romania 19.7 Russia 25.7 Russia 18.6 Turkey 21.2 Bulgaria 14.8 Romania 19.0 Hungary 14.0 Hungary 14.7 Turkey 13.4 Bulgaria 14.0 Czech Republic 13.9 Czech Republic 12.4 Estonia 9.2 Moldova 10.5 Poland 7.7 Estonia 9.4 Spain 8.3 Lithuania 8.9 Lithuania 8.0 Serbia 8.2 Slovakia 7.8 Poland 8.1 Serbia 7.0 Spain 8.1 United Kingdom 8.6 United Kingdom 7.5 Korea 6.3 Korea 7.3 Croatia 4.3 Slovakia 7.3 Portugal 4.6 Brazil 6.5 Moldova 4.1 Portugal 5.2 Germany 3.8 Croatia 5.0 Japan 1.7 Germany 4.0 New Zealand 2.8 New Zealand 3.4 Latvia 2.2 Japan 3.1 Slovenia 1.9 Canada 2.8 Canada 2.9 Australia 2.4 Netherlands 1.4 Latvia 2.3 Australia 1.1 Belgium 2.0 Ireland 1.1 Slovenia 1.8 Luxembourg 1.0 Netherlands 1.7 Greece 0.8 Luxembourg 1.3 France 0.4 Malta 1.2 Malta 0.2 Ireland 1.1 Macedonia 0.0 France 0.9 Belgium Macedonia 0.0 USA -1.3 Albania 0.0 Albania -1.3 Greece 0.0 Brazil -2.2 USA 0.0 Argentina -** * adjusted by the development of national consumer prices 2016

5 Development Minimum Wages ; on 1 January of each year (in national currency) Currency Belgium Estonia France Germany no national Minimum Wage Greece Ireland Latvia Lithuania Luxembourg Malta Netherlands Portugal Slovakia Slovenia Spain Bulgaria Lew (BGN) Croatia Kuna (HRK) Czech Republic Krone (CZK) Hungary Forint (HUF) Poland Zloty (PLN) Romania Lei (RON) United Kingdom Pfund (GBP) Albania Lek (ALL) Macedonia Denari (MKD) not available* Moldova Lei(MDL) not available* Russia Rubel (RUB) Serbia Dinara (RSD) not available* Turkey Lira (TRY) Ukraine Hrywnja (UAH) n. v.* Argentina Pesos (ARS) Australia Dollar (AUD) Brazil Reais (BRL) Canada Dollar (CAD) Japan Yen (JPY) Korea Won (KRW) 1, , , , , , , , , , , , , , , , , , New Zealand Dollar (NZD) USA Dollar (USD) * due to a lack of valid data

6 Minimum Wages ; on 1 January of each year (in ; calculated on the average exchange rate in 2016) Currency Bulgaria Croatia Czech Republic Hungary Poland Romania United Kingdom Albania Macedonia not available* Moldova not available* Russia Serbia not available* Turkey Ukraine n. v.* Argentina Australia Brazil Canada Japan Korea New Zealand USA * due to a lack of valid data

7 Nominal development of Minimum Wages ; development from 1 January of the current year to 1 January of the following year in % Currency Belgium Estonia Germany no national Minimum Wage France Greece Ireland Latvia Lithuania Luxembourg Malta Netherlands Portugal Slovakia Slovenia Spain Bulgaria Lew (BGN) Croatia Kuna (HRK) Czech Republic Krone (CZK) Hungary Forint (HUF) Poland Zloty (PLN) Romania Lei (RON) United Kingdom Pfund (GBP) Albania Lek (ALL) Macedonia Denari (MKD) not available* Moldova Lei (MDL) not available* Russia Rubel (RUB) Serbia Dinara (RSD) not available* Turkey Lira (TRY) Ukraine Hrywnja (UAH) n. v.* Argentina Pesos (ARS) Australia Dollar (AUD) Brazil Reais (BRL) Canada Dollar (CAD) Japan Yen (JPY) Korea Won (KRW) New Zealand Dollar (NZD) USA Dollar (USD) * due to a lack of valid data

8 Real development of Minimum Wages *; development from 1 January of the current year to 1 January of the following year in % Currency Belgium Germany no national Minimum Wage Estonia France Greece Ireland Latvia Lithuania Luxembourg Malta Netherlands Portugal Slovakia Slovenia Spain Bulgaria Lew (BGN) United Kingdom Pfund (GBP) Croatia Kuna (HRK) Poland Zloty (PLN) Romania Lei (RON) Czech Republic Krone (CZK) Hungary Forint (HUF) Albania Lek (ALL) Macedonia Denari (MKD) not available** Moldova Lei (MDL) not available** Russia Rubel (RUB) Serbia Dinara (RSD) not available** Turkey Lira (TRY) Ukraine Hrywnja (UAH) n. v.** Argentina Pesos (ARS) not available** n. a.** Australia Dollar (AUD) Brazil Reais (BRL) Japan Yen (JPY) Canada Dollar (CAD) Korea Won (KRW) New Zealand Dollar (NZD) USA Dollar (USD) * Development of the nominal Minimum Wages deflated by the national consumer prices ** due to a lack of valid data

9 Statutory Minimum Wages (, in EUR) in January 2017 Luxembourg France Netherlands Belgium Ireland Germany United Kingdom Slovenia Spain Malta Portugal Greece Estonia Poland Croatia Slovakia Czech Republic Hungary Lithuania Latvia Romania Bulgaria

10 Luxembourg France Netherlands Belgium Ireland Germany United Slovenia Spain Malta Portugal Greece Estonia Poland Croatia Slovakia Czech Republic Hungary Lithuania Latvia Romania Bulgaria Statutory Minimum Wages (, in EUR) in January Turkey Macedonia** Serbia**** Albania Ukraine Russia Moldova Australia New Zealand Canada* Japan* USA Korea Argentinien Brazil * weights average of regional Minimum Wages

11 Statutory Minimum Wages (, in PPS*) in January 2017 Luxembourg France Germany Netherlands Belgium United Kingdom Ireland Slovenia Malta Poland Spain Portugal Hungary Greece Czech Republic Croatia Slovakia Estonia Lithuania Latvia Bulgaria Romania * Purchasing Power Standards of

12 Luxembourg France Germany Netherlands Belgium United Kingdom Ireland Slovenia Malta Poland Spain Portugal Hungary Greece Czech Republic Croatia Slovakia Estonia Lithuania Latvia Bulgaria Romania Statutory Minimum Wages (, in PPS**) in January Turkey Macedonia Ukraine Serbia Albania Moldova Russia Australia New Zealand Canada* Japan* USA Argentina Korea Brazil * weights average of regional Minimum Wages ** in Purchasing Power Standards of 2015

13 Ukraine Argentina Russia Turkey Romania Hungary Bulgaria Czech Republic Moldova Estonia Lithuania Serbia Poland Spain United Kingdom Korea Slovakia Brazil Portugal Croatia Germany New Zealand Japan Canada Australia Latvia Belgium Slovenia Netherlands Luxembourg Malta Ireland France Macedonia Albania Greece USA WSI Minimum Wage Database Nominal development of statutory Minimum Wages 2016* * Development of 1 January 2016 at 1 January

14 Ukraine Romania Russia Bulgaria Hungary Turkey Czech Republic Estonia Poland Spain Lithuania Slovakia Serbia United Kingdom Korea Croatia Portugal Moldova Germany Japan New Zealand Latvia Slovenia Canada Netherlands Australia Ireland Luxembourg Greece France Malta Macedonia Belgium USA Albania Brazil WSI Minimum Wage Database Real development of statutory Minimum Wages 2016* , * Dev elopment of 1 January 2016 to 1 January 2017, development of the national Minimum Wage deflated by the national consumer prices

15 Belgium Revenu Minimum Mensuel Moyen Garantie (RMMMG) Gewaarborgd Gemiddeld Minimum Maandinkomen (GGMMI) on 1 January , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , Minimum Wage is calculated on the basis of a 38-hour week (165 hours ) Conseils de l'industrie et du Travail (CNT)

16 Bulgaria Минимална Работна Lewa (BGN) Lewa (BGN) on 1 January per month per hour National Social Security Institute

17 Croatia Minimalna plaća Kuna (HRK) Kuna (HRK) on 1 January , , , , , , , , , , , , , , , , , , Minimum Wage is calculated on the basis of a 40-hour week (173 hours ) since 2008 statutory Minimum Wage, until 2008 Minimum Wage on the basis of a national collective agreement Croatian Central Bureau of Statistics

18 Czech Republic Minimální mzda Krone (CZK) Krone (CZK) on 1 January , , , , , , , , , , , , , , , , , , , , Minimum Wage is fixed and Ministry of Labour

19 Estonia Miinimumpalk / Miinimumpalga on 1 January Until 2005 Minimum Wage is calculated on the basis of 169 hours ; since 2006 statutory hourly wage rate Statistics Estonia

20 France Salaire minimum interprofessionel de croissance (SMIC) on 1 January , , , , , , , , , , , , , , , , Minimum Wage is calculated on the basis of a 35-hour week (151,67 hours ) INSEE

21 Germany Mindestlohn on 1 January , , , Minimum Wage is calculated on the basis of a 38-hour week (165 hours ) Federal Ministry of Labour and Social Affairs

22 Greece κατώτατου μισθού on 1 January Minimum Wage in the private sector is calculated on the basis of a 40-hour week (173 hours ) Ministry of Labour

23 Hungary Minimálbér Forint (HUF) Forint (HUF) on hour 1 January , , , , , , , , , , , , , , , , , , , , , , , , , , Minimum Wage is fixed and. The hours monthly wage is about a 40-hour week Hungarian Central Statistical Office

24 Ireland National Minimum Wage on 1 January , , , , , , , , , , , , , , , , Minimum Wage is calculated on the basis of a 39-hour week (169 hours ) Departement of Enterprise, Trade and Employment s/pay_and_employment/pay_inc_min_wage.html

25 Latvia Minimālās algas on 1 January Since 2016 the Minimum Wage has been fixed only and no more. The latter depends on the effective working time per month. The Minimum Wage is calculated on the basis of a 39-hour week (169 hours ). Ministry of Social Affairs

26 Lithuania Minimaliojo darbo on 1 January Minimum Wage is fixed and Ministry of Social Security and Labour

27 Luxembourg Salaire Social Minimum (SSM) on 1 January , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , Minimum Wage is fixed and Ministere du Travail

28 Malta l-inqas Paga Nazzjonali per week on 1 January per week (=*52/12) Minimum Wage is calculated on the basis of a 40-hour week (173 hours ) Department of Industrial and Employment Relations

29 Netherlands Minimumloon on 1 January , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , Minimum Wage is calculated on the basis of a 37,5-hour week (163 hours ) Ministerie van Sociale Zaken en Werkgelegenheid SZW

30 Poland Minimalne wynagrodzenie Zloty (PLN) Zloty (PLN) on 1 January , , , , , , , , , , Minimum Wage is only fixed. Minimum Wage is calculated on the basis of a 40- hour week (173 hours ) Ministry of Labour

31 Portugal Salario minimo nacional (SMN) on 1 January Minimum Wage is calculated on the basis of a 38,3-hour week (166 hours ) DIRECÇÃO-GERAL DO EMPREGO E DAS RELAÇÕES DE TRABALHO (DGERT)

32 Romania Salariul minim Lei (RON) Lei (RON) on 1 January , , , Minimum Wage is determined on the basis of a 168,88-hour week Ministry of Labor, Family and Equal Opportunities

33 Slovakia minimálna mzda / minimálnej mzdy on 1 January Minimum Wage is fixed and Ministry of Labour, Ministry of Finance

34 Slovenia Minimalna plača on 1 January Minimum Wage is calculated on the basis of a 40-hour week (173 hours ) Ministry of Labour _pravice_iz_dela/socialno_partnerstvo/minimalna_placa/

35 Spain Salario Mínimo Interprofesional (SMI) on 1 January Minimum Wage is calculated on the basis of a 38-hour week (165 hours ) Ministro de Trabajo e Inmigración

36 United Kingdom National Minimum Wage from the age of 21 years Pfund (GBP) Pfund (GBP) on 1 January , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , National Living Wage from the age of 25 years Pfund (GBP) Pfund (GBP) on 1 January , , , , , Minimum Wage is calculated on the basis of a 38-hour week (165 hours ) Low Pay Commission

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