Minimum Wages in Hong Kong increased to 37.50 HKD/Hour in 2019 from 34.50 HKD/Hour in 2018.

Minimum Wages in Hong Kong averaged 31.94 HKD/Hour from 2011 until 2019, reaching an all time high of 37.50 HKD/Hour in 2019 and a record low of 28 HKD/Hour in 2012. This page provides - Hong Kong Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Minimum Hourly Wages - values, historical data and charts - was last updated on July of 2020. source: Labour Department of the Government of the Hong Kong Special Administrative Region

Minimum Wages in Hong Kong is expected to reach 40.50 HKD/Hour by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hong Kong Minimum Hourly Wages is projected to trend around 40.50 HKD/Hour in 2021, according to our econometric models.

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Hong Kong  Minimum Hourly Wages

Actual Previous Highest Lowest Dates Unit Frequency
37.50 34.50 37.50 28.00 2011 - 2019 HKD/Hour Yearly

Hong Kong Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.90 5.20 8.50 1.00 percent [+]
Employed Persons 3619.50 3657.40 3882.40 2370.60 Thousand [+]
Unemployed Persons 230.40 202.50 307.70 24.90 Thousand [+]
Labor Force Participation Rate 59.10 59.20 66.50 57.70 percent [+]
Productivity 107.20 106.40 107.20 63.40 points [+]
Job Vacancies 42269.00 54433.00 127765.00 15919.00 [+]
Wages 16955.00 16986.00 17304.00 10382.00 HKD/Month [+]
Wages in Manufacturing 15484.00 15530.00 15533.00 7611.00 HKD/Month [+]
Minimum Wages 37.50 34.50 37.50 28.00 HKD/Hour [+]
Population 7.50 7.48 7.50 3.08 Million [+]
Retirement Age Men 65.00 65.00 65.00 60.00 [+]
Retirement Age Women 65.00 65.00 65.00 60.00 [+]
Youth Unemployment Rate 9.30 8.10 10.40 1.90 percent [+]


Hong Kong Minimum Hourly Wages
In Hong Kong, minimum wage refers to the lowest hourly gross wage and do not include meal breaks or rest days. It was proposed in 2010, approved in 2011 and came into effect in May 2011. Prior to this, there was a fixed minimum monthly wage for foreign domestic workers (HKD 3740).