Uzbekistan lags behind in minimum wage rankings, positioned 113th

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.