Minimum wages could be progressively replaced by 'Living Wages' after the concept was officially adopted by the International Labor Organization (ILO) a few weeks ago. Our report presents minimum wages in low-cost apparel manufacturing countries in Asia from 2015 to 2024, both in local currency and US$ terms. Real wages have been calculated, and we provide a 9-year comparison in local currency terms, 2015 US$ terms, and nominal US$ terms. You can download the

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 in low-cost apparel manufacturing countries in Asia from 2015 to 2024, both in local currency and US$ terms. Real wages have been calculated, and

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 available in local currency terms, 2015 US$ terms, and nominal US$ terms.