Minimum Wages in Indonesia increased to 3.94 IDR Million/Month in 2019 from 3.60 IDR Million/Month in 2018.
Minimum Wages in Indonesia averaged 2.88 IDR Million/Month from 2012 until 2019, reaching an all time high of 3.94 IDR Million/Month in 2019 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 July 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.