The ranking covers 154 countries based on 2020 data, and to make the comparison easier, it is presented in US dollars.

According to the ranking, Uzbekistan's annual minimum wage was $1,041, and the hourly rate was $0.5.

The highest figures were recorded in Australia (annual $34,500 / hourly $17.4), New Zealand ($33,400 / $16.1), and Luxembourg ($32,100 / $15.4).

The minimum wage refers to the lowest amount of money an employer can pay employees for a unit of work, which is usually calculated on an hourly or monthly basis, but sometimes may be presented as a daily or weekly rate.

In 2020, the top 20 countries with the highest minimum wages (per hour, in US dollars) were:

  • Australia $17.47
  • New Zealand $16.10
  • Luxembourg $15.43
  • Germany $14.68
  • United Kingdom $14.27
  • Ireland $13.96
  • France $13.33
  • Belgium $12.15
  • Netherlands $11.98
  • Monaco $11.88
  • Canada $11.60
  • South Korea $11.50
  • San Marino $10.93
  • Israel $9.48
  • Iran $9.13
  • Argentina $8.55
  • Spain $8.39
  • Slovenia $8.21
  • Japan $8.14
  • Andorra $8.00

It is noted that many countries adjust their minimum wage annually, so these rankings may change after the 2021 global data is compiled.