List of ASEAN countries and subdivisions by minimum wage explained

This is a list of the official minimum wage rates of the Top 10 cities with the largest economies in ASEAN. Some cities may have a complicated minimum wage system. For example, in Vietnam, both Ho Chi Minh City and Hanoi has 2 types of minimum wage rates. Singapore and Metro Manila also has different types of minimum wage systems based on industries/services. Other cities from Indonesia and Malaysia have simple rate systems for minimum wages such as Jakarta, Kuala lumpur, Surabaya, Bandung and Medan. In the table below, only the lowest minimum wage is cited.

Methodology

The minimum wages listed refer to a gross amount, that is before deduction of taxes and social security contributions, which vary from one city to another. Also excluded from calculations are regulated paid days off, including public holidays, sick leave, annual leave and social insurance contributions paid by the employer. Converted local currency to US Dollar is calculated on the exchange rate of 1 January 2024[1] [2] [3] [4] [5] with the exception of Manila on 13 July 2024.[6]

For comparison, an annual wage column is provided in international dollars, a hypothetical unit of currency calculated based on the purchasing power parity (PPP) of household final consumption expenditure. For calculating the annual wage, the lowest general minimum wage was used.

Minimum wage by city proper

List minimum wage of Top 10 cities with the largest economies in ASEAN

CityPopulation
estimates
Area (km2)Per HourPer MonthAnnualCountryYear
in local
currency
in US$PPP Int$in local
currency
in US$PPP Int$in local
currency
in US$PPP Int$
! scope="row" style="text-align: left; font-weight: normal;" 5,917,600 734.30SGD 8.62 6.53 10.11SGD 1,500 1,136 1,760SGD 18,000 13,635 21,119 2024[7]
! scope="row" style="text-align: left; font-weight: normal;" 10,671,973 664.01IDR 29,123 1.89 6.05IDR 5,067,381 329 1,053IDR 60,808,572 3,951 12,6392024[8]
! scope="row" style="text-align: left; font-weight: normal;" 9,063,316 1,568.73THB 45.38 1.32 3.96THB 7,895 230 689THB 94,743 2,768 8,263 2024[9]
! scope="row" style="text-align: left; font-weight: normal;" 14,262,204 636.00PHP 75.38 1.29 3.81PHP 13,115 225 663PHP 157,383 2,694 7,953 2024[10]
! scope="row" style="text-align: left; font-weight: normal;" 9,165,800 2,061.20VND 25,345 1.04 3.06VND 4,410,000 182 533VND 52,920,000 2,181 6,392 2024[11]
! scope="row" style="text-align: left; font-weight: normal;" 2,079,259 243.00MYR 8.62 1.88 5.50MYR 1,500 326 957MYR 18,000 3,917 11,483 2024[12]
! scope="row" style="text-align: left; font-weight: normal;" 8,330,800 3,359.82VND 25,345 1.04 3.06VND 4,410,000 182 533VND 52,920,000 2,181 6,392 2024
! scope="row" style="text-align: left; font-weight: normal;" 2,911,427350.56IDR 27,158 1.76 5.17IDR 4,720,542 307 900IDR 56,705,748 3,685 10,8012024
! scope="row" style="text-align: left; font-weight: normal;" 2,507,137167.31IDR 24,191 1.57 4.61IDR 4,209,309 274 802IDR 50,511,708 3,282 9,6212024
! scope="row" style="text-align: left; font-weight: normal;" 2,863,919 265.10IDR 21,661 1.41 4.13IDR 3,769,082245 718IDR 45,228,984 2,939 8,6152024[13]

See also

External links

Notes and References

  1. Web site: US Dollar (USD) To Singapore Dollar (SGD) Exchange Rate History for 2024 . exchange-rates.org . 28 July 2024.
  2. Web site: US Dollar (USD) To Indonesian Rupiah (IDR) Exchange Rate History for 2024 . exchange-rates.org . 28 July 2024.
  3. Web site: US Dollar (USD) To Thai Baht (THB) Exchange Rate History for 2024 . exchange-rates.org . 28 July 2024.
  4. Web site: US Dollar (USD) To Malaysian Ringgit (MYR) Exchange Rate History for 2024 . exchange-rates.org . 28 July 2024.
  5. Web site: US Dollar (USD) To Vietnamese Dong (VND) Exchange Rate History for 2024 . exchange-rates.org . 28 July 2024.
  6. Web site: US Dollar (USD) To Philippine Peso (PHP) Exchange Rate History for 2024 . exchange-rates.org . 28 July 2024.
  7. Web site: Singapore's minimum wage and average salary in 2024 . expatica.com . 28 July 2024 .
  8. Web site: UMK 2024 Sudah Berlaku, Ini Urutan Tertinggi dan Terendahnya . pegadaian.co.id . 28 July 2024.
  9. Web site: Minimum Wage In Thailand. . joinhorizons.com . 28 July 2024.
  10. Web site: Minimum Wage – NCR - National Capital Region. . wageindicator.org . 28 July 2024.
  11. Web site: What are the minimum wage rates in Vietnam? . 28 July 2024.
  12. Web site: Minimum wage to be reviewed this year. . 14 March 2024 . nst.com.my . 28 July 2024.
  13. Web site: Upah Minimum Regional (UMR) Kota Medan 2024 . umsu.ac.id . 28 July 2024.