Minimum Wages in Taiwan increased to 23800 TWD/Month in 2020 from 23100 TWD/Month in 2019.

Minimum Wages in Taiwan averaged 13628.60 TWD/Month from 1978 until 2020, reaching an all time high of 23800 TWD/Month in 2020 and a record low of 2400 TWD/Month in 1979. This page provides - Taiwan Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Minimum Monthly Wage - values, historical data and charts - was last updated on August of 2020.

Minimum Wages in Taiwan is expected to reach 23800.00 TWD/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Minimum Monthly Wage is projected to trend around 24500.00 TWD/Month in 2021 and 25100.00 TWD/Month in 2022, according to our econometric models.

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Taiwan Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
23800.00 23100.00 23800.00 2400.00 1978 - 2020 TWD/Month Yearly

Taiwan Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.97 4.16 6.02 1.04 percent [+]
Employed Persons 11491.00 11479.00 11532.00 6068.00 Thousand [+]
Unemployed Persons 474.00 498.00 659.00 71.00 Thousand [+]
Labor Force Participation Rate 59.14 59.18 61.21 57.06 percent [+]
Productivity 113.13 112.40 119.54 20.29 points [+]
Labour Costs 89.21 90.46 289.35 64.98 points [+]
Minimum Wages 23800.00 23100.00 23800.00 2400.00 TWD/Month [+]
Wages in Manufacturing 49262.00 48189.00 99693.00 1789.00 TWD/Month [+]
Population 23.60 23.59 23.60 15.93 Million [+]
Youth Unemployment Rate 12.01 11.66 16.28 2.42 percent [+]
Wages 50581.00 49559.00 99084.00 7902.00 TWD/Month [+]