Financial and Monetary Systems

Which countries have the highest minimum wages in the OECD?

Advocates of minimum wage legislation say it stimulates the economy by increasing consumer spending power. Image: Unsplash/ Kenny Eliason

Stefan Ellerbeck

Senior Writer, Formative Content

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A bar chart showing minimum wages, statutory, negotiated or absent, global and by region.
Most countries in the world have minimum wage legislation. Image: International Labour Organization.

A bar chart showing minimum hourly wage in Japan.
The minimum wage has been rising as Japan tries to revitalize growth. Image: Bloomberg.

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