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Minimum Wages in Apparel Manufacturing Countries

Minimum wages have been increased in low-income countries as of January 1st. However, when factoring in inflation, the minimum wages have shown minimal growth over the past nine years, and in some countries, they have even declined, leading to social unrest, as seen in Bangladesh. Our report presents minimum wages

Minimum Wages in Apparel Manufacturing Countries

Minimum wages have been raised dramatically in a few countries where inflation rates soared in 2022-23, resulting in sharp differences between apparel manufacturing countries. Our report displays minimum wages in low-cost apparel manufacturing countries in Asia from 2015 to 2023, in local currency and US$ terms. An eight-year comparison is

Minimum Wages in Apparel Manufacturing Countries

Minimum wages were raised in many low-cost countries in the past weeks, as a result of a stronger rise in consumer prices. Over the long term, however, real wages fell or rose very slightly, far from the commitments of Western brands and retailers. Our report displays minimum wages in low-cost