Minimum Wages in Indonesia increased to 4.28 IDR Million/Month in 2020 from 3.94 IDR Million/Month in 2019.
Minimum Wages in Indonesia averaged 3.03 IDR Million/Month from 2012 until 2020, reaching an all time high of 4.28 IDR Million/Month in 2020 and a record low of 1.68 IDR Million/Month in 2012. This page provides - Indonesia Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Minimum Monthly Wages - values, historical data and charts - was last updated on October of 2020.
Minimum Wages in Indonesia is expected to reach 4.00 IDR Million/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia Minimum Monthly Wages is projected to trend around 4.40 IDR Million/Month in 2021 and 4.60 IDR Million/Month in 2022, according to our econometric models.