Minimum Wages in the United Kingdom increased to 7.83 GBP/Hour in 2018 from 7.50 GBP/Hour in 2017. Minimum Wages in the United Kingdom averaged 6.26 GBP/Hour from 2005 until 2018, reaching an all time high of 7.83 GBP/Hour in 2018 and a record low of 5.05 GBP/Hour in 2005.

Minimum Wages in the United Kingdom is expected to be 7.83 GBP/Hour by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Gross Minimum Hourly Wage is projected to trend around 8.50 GBP/Hour in 2020, according to our econometric models.

United Kingdom Gross Minimum Hourly Wage
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United Kingdom Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.10 4.10 12.00 3.40 percent [+]
Employed Persons 32476.00 32409.00 32476.00 23630.00 Thousand [+]
Unemployed Persons 992.60 970.70 3090.00 422.60 Thousand [+]
Part Time Employment 8475.00 8499.00 8636.00 5995.00 Thousand [+]
Full Time Employment 23934.00 23895.00 23934.00 19136.00 Thousand [+]
Employment Rate 75.70 75.50 75.70 65.60 percent [+]
Claimant Count Change 21.90 23.20 142.80 -98.50 Thousand [+]
Labor Force Participation Rate 79.00 78.80 79.00 74.10 percent [+]
Long Term Unemployment Rate 1.00 1.10 4.30 0.90 percent [+]
Youth Unemployment Rate 11.30 11.10 22.30 9.70 percent [+]
Productivity 101.20 101.60 101.70 43.10 Index Points [+]
Labour Costs 103.90 103.80 103.90 20.70 Index Points [+]
Job Vacancies 848.00 849.00 849.00 432.00 Thousand [+]
Wages 524.00 523.00 524.00 300.00 GBP/Week [+]
Wage Growth 3.30 3.10 6.60 -2.60 percent [+]
Wages in Manufacturing 605.00 602.00 605.00 356.00 GBP/Week [+]
Minimum Wages 7.83 7.50 7.83 5.05 GBP/Hour [+]
Population 66.19 65.81 66.19 52.20 Million [+]
Retirement Age Women 65.00 64.17 65.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Living Wage Family 1300.00 1230.00 1300.00 1180.00 GBP/Month [+]
Living Wage Individual 895.00 850.00 900.00 785.00 GBP/Month [+]
Wages Low Skilled 1320.00 1180.00 1320.00 1180.00 GBP/Month [+]
Wages High Skilled 2330.00 2110.00 2460.00 2110.00 GBP/Month [+]
Average Weekly Hours 32.20 32.10 33.50 31.30 Hours [+]
Employment Change 79.00 23.00 307.00 -279.00 Thousand [+]


United Kingdom Gross Minimum Hourly Wage

This page provides - United Kingdom Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Gross Minimum Hourly Wage - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
7.83 7.50 7.83 5.05 2005 - 2018 GBP/Hour Yearly




Country Last Previous
Argentina 11300.00 Dec/18
Australia 719.20 Jul/18
Brazil 954.00 Dec/18
Canada 14.00 Dec/18
China 2420.00 Apr/18
France 1498.47 Dec/18
Germany 8.84 Jan/18
Indonesia 3.60 Jan/18
Japan 848.00 Dec/18
Mexico 88.36 Oct/18
Netherlands 1594.20 Dec/18
Russia 11163.00 May/18
South Korea 7530.00 Dec/18
Spain 858.55 Dec/18
Turkey 2029.50 Dec/18
United Kingdom 7.83 Apr/18
United States 7.25 Dec/18


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