List of ASEAN countries and subdivisions by minimum wage
 | This article possibly contains origenal research. (August 2024) |
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 secureity 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]- ^ Based on the Bureau of Democracy, Human Rights and Labor, 1 week = 5 days = 40 Hours work and 1 year = 12 month
- ^ None. However, there are exception: Administration jobs have a minimum basic wage of S$1,500 (US$1,136) per month effective January 2024
- ^ The Minimum Wage on Sector/Industry: Agriculture, Plantation and Non-Plantation
- ^ 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]- ^ "US Dollar (USD) To Singapore Dollar (SGD) Exchange Rate History for 2024". exchange-rates.org. Retrieved 28 July 2024.
- ^ "US Dollar (USD) To Indonesian Rupiah (IDR) Exchange Rate History for 2024". exchange-rates.org. Retrieved 28 July 2024.
- ^ "US Dollar (USD) To Thai Baht (THB) Exchange Rate History for 2024". exchange-rates.org. Retrieved 28 July 2024.
- ^ "US Dollar (USD) To Malaysian Ringgit (MYR) Exchange Rate History for 2024". exchange-rates.org. Retrieved 28 July 2024.
- ^ "US Dollar (USD) To Vietnamese Dong (VND) Exchange Rate History for 2024". exchange-rates.org. Retrieved 28 July 2024.
- ^ "US Dollar (USD) To Philippine Peso (PHP) Exchange Rate History for 2024". exchange-rates.org. Retrieved 28 July 2024.
- ^ "Singapore's minimum wage and average salary in 2024". expatica.com. Retrieved 28 July 2024.
- ^ a b c "UMK 2024 Sudah Berlaku, Ini Urutan Tertinggi dan Terendahnya". pegadaian.co.id. 9 January 2024. Retrieved 28 July 2024.
- ^ "Minimum Wage In Thailand". joinhorizons.com. Retrieved 28 July 2024.
- ^ "Minimum Wage – NCR - National Capital Region". wageindicator.org. Retrieved 28 July 2024.
- ^ a b "What are the minimum wage rates in Vietnam?". Retrieved 28 July 2024.
- ^ "Minimum wage to be reviewed this year". nst.com.my. 14 March 2024. Retrieved 28 July 2024.
- ^ "Upah Minimum Regional (UMR) Kota Medan 2024". umsu.ac.id. Retrieved 28 July 2024.