Minimum Wages | Forecast | 2016-2020

Last 2017 2018 2019 2020
United States 7.25 Dec/15   7.5 7.5 7.75 7.75
China 2190.00 Jan/17   2300 2430 2500 2620
Japan 823.00 Dec/17 823 860 880 900
Germany 8.84 Jan/17 8.84 9.5 10 10.5
United Kingdom 7.20 Apr/16   7.5 8 8.5 9
France 1466.62 Dec/16   1490 1500 1520 1530
Brazil 880.00 Dec/16   988 1090 1190 1280
Canada 11.25 Dec/15   11.5 11.5 12 12
South Korea 6470.00 Jan/17 6470 6700 6900 7100
Australia 672.70 Dec/16   690 720 740 760
Russia 7500.00 Jul/16   8900 9200 9500 10100
Spain 764.40 Dec/16   826 826 826 845
Mexico 80.04 Jan/17 80.04 84.02 87.41 90.17
Indonesia 3.35 Jan/17   3.6 3.9 4.2 4.5
Last 2017 2018 2019 2020
Albania 22000.00 Sep/16 22000 22000 22000 22000
Angola 15003.00 Dec/15   16300 17700 19200 20500
Argentina 8060.00 Jan/17   7560 6900 6980 7010
Armenia 55000.00 Jul/17   65000 65000 70000 75000
Australia 672.70 Dec/16   690 720 740 760
Azerbaijan 105.00 Dec/15   110 111 113 114
Belarus 2300000.00 Jan/16   2530000 2760000 3030000 3310000
Belgium 1531.93 Dec/16   1532 1558 1571 1585
Bolivia 1805.00 Dec/16 1805 1805 1805 1805
Brazil 880.00 Dec/16   988 1090 1190 1280
Bulgaria 214.75 Dec/16   230 230 230 230
Cambodia 153.00 Jan/17 153 170 185 200
Canada 11.25 Dec/15   11.5 11.5 12 12
Chile 250000.00 Jan/16   276000 276000 285000 295000
China 2190.00 Jan/17   2300 2430 2500 2620
Costa Rica 4912.08 Dec/16   4913 4913 4913 4913
Croatia 414.45 Dec/16   414 418 420 423
Czech Republic 364.90 Dec/16   368 378 385 400
Egypt 1200.00 Jan/16 1200 1200 1200 1400
Estonia 430.00 Dec/16   450 470 480 500
France 1466.62 Dec/16   1490 1500 1520 1530
Germany 8.84 Jan/17 8.84 9.5 10 10.5
Greece 683.76 Dec/16   684 689 692 695
Hong Kong 34.50 May/17 34.5 35.5 38 40
Hungary 350.09 Dec/16   364 372 386 400
Indonesia 3.35 Jan/17   3.6 3.9 4.2 4.5
Ireland 1546.35 Dec/16   1550 1550 1550 1550
Israel 4650.00 Apr/15 4650 5000 5000 5300
Japan 823.00 Dec/17 823 860 880 900
Kazakhstan 24459.00 Jan/17   24500 25900 27700 30000
Kyrgyzstan 1140.00 Dec/17 1140 1220 1340 1500
Latvia 370.00 Dec/16   380 390 400 410
Lithuania 380.00 Dec/16   370 380 390 400
Luxembourg 1922.96 Dec/16 1923 1923 1923 1923
Malaysia 1000.00 Jul/16 1000 1200 1200 1300
Malta 728.04 Dec/16 728 728 728 728
Mexico 80.04 Jan/17 80.04 84.02 87.41 90.17
Montenegro 288.05 Dec/16 288 288 288 288
Mozambique 3298.00 Apr/16 3298 3298 3298 3298
Myanmar 3600.00 Dec/16 3600 3600 3600 3600
Netherlands 1537.20 Dec/16   1530 1540 1550 1560
New Zealand 15.25 Apr/16 15.25 16 16.25 16.75
Papua New Guinea 140.00 Dec/16   128 128 128 128
Paraguay 1964.51 Dec/16   1965 1965 1965 1965
Peru 850.00 Nov/16   883 913 943 972
Poland 417.02 Dec/16   450 470 485 500
Portugal 649.83 Jan/17 650 670 689 700
Romania 276.34 Dec/16   250 266 280 300
Russia 7500.00 Jul/16   8900 9200 9500 10100
Serbia 233.37 Dec/16 233 233 233 233
Slovakia 405.00 Dec/16   425 450 470 490
Slovenia 790.73 Dec/16   795 800 804 810
South Korea 6470.00 Jan/17 6470 6700 6900 7100
Spain 764.40 Dec/16   826 826 826 845
Taiwan 21009.00 Dec/17 21009 22000 23700 24300
Thailand 300.00 Dec/16   360 420 460 500
Turkey 1777.50 Jan/17 1778 1830 1880 1930
United Kingdom 7.20 Apr/16   7.5 8 8.5 9
United States 7.25 Dec/15   7.5 7.5 7.75 7.75
Venezuela 104358.00 Jan/17   90812 90812 90812 90812
Vietnam 3750.00 Jan/17 3750 4050 4400 4700


This page provides forecasts for Minimum Wages including a long-term outlook for the next decades, medium-term expectations for the next four quarters and short-term market predictions. 1/21/2017