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Real Minimum Wages in OECD countries (2001-2020)
This dataset ranks OECD countries by their national minimum wage from 2001 to 2020. In 2020, Luxembourg and Australia had the highest minimum wages at $12.4 U.S. dollars an hour, once adjusted for purchasing power parity. Filter by country or year in the search bar of the dataset below to analyze wage changes over time.
Details at OECD
Source: OECDOECD
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Thank you for playing today's Factle! We are making the entire dataset, from 2001-2020, available here on OpenAxis for users to dig into, beyond just the Top 5 answers. How does your country's minimum wage compare with the OECD? Create a chart and contribute an insight for the community to explore!
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Sifting through the full dataset, I made this chart here which tracks select major economies and the trajectory of their minimum wage since 2002. You'll see that Korea has made the most gains, up $6, while the US has actually been on a decline since 2010.