List of ASEAN countries and subdivisions by minimum wage

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

edit

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

edit

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

City[n 1] Population
estimates
Area (km2) Per Hour Per Month Annual Country Year
in local
currency
in US$ PPP Int$ in local
currency
in US$ PPP Int$ in local
currency
in US$ PPP Int$
Singapore[n 2] 5,917,600 734.30 SGD 8.62 6.53 10.11 SGD 1,500 1,136 1,760 SGD 18,000 13,635 21,119   Singapore 2024[7]
Jakarta 10,671,973 664.01 IDR 29,123 1.89 6.05 IDR 5,067,381 329 1,053 IDR 60,808,572 3,951 12,639   Indonesia 2024[8]
Bangkok 9,063,316 1,568.73 THB 45.38 1.32 3.96 THB 7,895 230 689 THB 94,743 2,768 8,263   Thailand 2024[9]
Manila[n 3] 14,262,204 636.00 PHP 75.38 1.29 3.81 PHP 13,115 225 663 PHP 157,383 2,694 7,953   Philippines 2024[10]
Ho Chi Minh City[n 4] 9,165,800 2,061.20 VND 25,345 1.04 3.06 VND 4,410,000 182 533 VND 52,920,000 2,181 6,392   Vietnam 2024[11]
Kuala Lumpur 2,079,259 243.00 MYR 8.62 1.88 5.50 MYR 1,500 326 957 MYR 18,000 3,917 11,483   Malaysia 2024[12]
Hanoi[n 4] 8,330,800 3,359.82 VND 25,345 1.04 3.06 VND 4,410,000 182 533 VND 52,920,000 2,181 6,392   Vietnam 2024[11]
Surabaya 2,911,427 350.56 IDR 27,158 1.76 5.17 IDR 4,720,542 307 900 IDR 56,705,748 3,685 10,801   Indonesia 2024[8]
Bandung 2,507,137 167.31 IDR 24,191 1.57 4.61 IDR 4,209,309 274 802 IDR 50,511,708 3,282 9,621   Indonesia 2024[8]
Medan 2,863,919 265.10 IDR 21,661 1.41 4.13 IDR 3,769,082 245 718 IDR 45,228,984 2,939 8,615   Indonesia 2024[13]

Notes

edit
  1. ^ Based on the Bureau of Democracy, Human Rights and Labor, 1 week = 5 days = 40 Hours work and 1 year = 12 month
  2. ^ None. However, there are exception: Administration jobs have a minimum basic wage of S$1,500 (US$1,136) per month effective January 2024
  3. ^ The Minimum Wage on Sector/Industry: Agriculture, Plantation and Non-Plantation
  4. ^ a b There are some districts in both Ho Chi Minh City and Hanoi that is included in Region II in Vietnam

See also

edit

References

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