Real minimum wages at constant prices — Statutory minimum wages in Australia

Australia: Real minimum wages at constant prices — Statutory minimum wages was 31,225 US dollars, exchange rate converted in 2025. ▲ Rising

Latest (2025)
31,225 US dollars, exchange rate converted
Change on year
up 0.7%
World rank
4th
of 26 countries
All-time high
31,225 US dollars, exchange rate converted
in 2025
All-time low
23,721 US dollars, exchange rate converted
in 1990
Years of data
41
1985–2025

Real minimum wages at constant prices — Statutory minimum wages in Australia, 1985–2025

010.0k20.0k30.0k1985200520251985: 26.2k US dollars, exchange rate converted1986: 24.7k US dollars, exchange rate converted1987: 24.0k US dollars, exchange rate converted1988: 23.9k US dollars, exchange rate converted1989: 23.7k US dollars, exchange rate converted1990: 23.7k US dollars, exchange rate converted1991: 24.7k US dollars, exchange rate converted1992: 25.7k US dollars, exchange rate converted1993: 25.5k US dollars, exchange rate converted1994: 25.4k US dollars, exchange rate converted1995: 24.9k US dollars, exchange rate converted1996: 24.8k US dollars, exchange rate converted1997: 25.5k US dollars, exchange rate converted1998: 26.1k US dollars, exchange rate converted1999: 26.6k US dollars, exchange rate converted2000: 26.4k US dollars, exchange rate converted2001: 26.2k US dollars, exchange rate converted2002: 26.5k US dollars, exchange rate converted2003: 26.8k US dollars, exchange rate converted2004: 27.3k US dollars, exchange rate converted2005: 27.5k US dollars, exchange rate converted2006: 27.1k US dollars, exchange rate converted2007: 28.0k US dollars, exchange rate converted2008: 27.5k US dollars, exchange rate converted2009: 27.8k US dollars, exchange rate converted2010: 27.7k US dollars, exchange rate converted2011: 27.9k US dollars, exchange rate converted2012: 28.3k US dollars, exchange rate converted2013: 28.4k US dollars, exchange rate converted2014: 28.5k US dollars, exchange rate converted2015: 28.8k US dollars, exchange rate converted2016: 29.1k US dollars, exchange rate converted2017: 29.4k US dollars, exchange rate converted2018: 29.8k US dollars, exchange rate converted2019: 30.3k US dollars, exchange rate converted2020: 30.8k US dollars, exchange rate converted2021: 30.5k US dollars, exchange rate converted2022: 29.8k US dollars, exchange rate converted2023: 30.1k US dollars, exchange rate converted2024: 31.0k US dollars, exchange rate converted2025: 31.2k US dollars, exchange rate converted

Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.

Analysis

In 2025, real minimum wages at constant prices — statutory minimum wages in Australia stood at 31,225 US dollars, exchange rate converted. That is the highest value across all 41 years on record.

That represents a change of up 0.7% on the previous year and up 8.4% over ten years.

Over the whole period, real minimum wages at constant prices — statutory minimum wages in Australia peaked at 31,225 US dollars, exchange rate converted in 2025 and was at its lowest, 23,721 US dollars, exchange rate converted, in 1990.

Australia ranks 4th of 26 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 41 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 24,520 US dollars, exchange rate converted 23,745 US dollars, exchange rate converted 26,234 US dollars, exchange rate converted 5
1990s 25,313 US dollars, exchange rate converted 23,721 US dollars, exchange rate converted 26,644 US dollars, exchange rate converted 10
2000s 27,106 US dollars, exchange rate converted 26,202 US dollars, exchange rate converted 27,974 US dollars, exchange rate converted 10
2010s 28,822 US dollars, exchange rate converted 27,698 US dollars, exchange rate converted 30,310 US dollars, exchange rate converted 10
2020s 30,574 US dollars, exchange rate converted 29,762 US dollars, exchange rate converted 31,225 US dollars, exchange rate converted 6

Countries ranked near Australia

  1. 1 Luxembourg 36,365 US dollars, exchange rate converted compare
  2. 2 United Kingdom 32,912 US dollars, exchange rate converted compare
  3. 3 Ireland 31,730 US dollars, exchange rate converted compare
  4. 5 Germany 29,303 US dollars, exchange rate converted compare
  5. 6 Belgium 28,590 US dollars, exchange rate converted compare
  6. 7 New Zealand 28,311 US dollars, exchange rate converted compare

See the full ranking of 36 places →

More economy & growth data for Australia

All data for Australia →

Frequently asked questions

What is real minimum wages at constant prices — statutory minimum wages in Australia?
Real minimum wages at constant prices — statutory minimum wages in Australia was 31,225 US dollars, exchange rate converted in 2025, according to Organisation for Economic Co-operation and Development.
What is the highest real minimum wages at constant prices — statutory minimum wages recorded in Australia?
The highest recorded value was 31,225 US dollars, exchange rate converted in 2025.
What is the lowest real minimum wages at constant prices — statutory minimum wages recorded in Australia?
The lowest recorded value was 23,721 US dollars, exchange rate converted in 1990.
How does Australia rank for real minimum wages at constant prices — statutory minimum wages?
Australia ranks 4th out of 26 countries with data for 2025.
Is real minimum wages at constant prices — statutory minimum wages rising or falling in Australia?
Over the last ten years it is up 8.4%. The long-run trend across the full record is rising.
Where does this Australia data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Real minimum wages at constant prices — Statutory minimum wages. Statizoid updates them automatically from the source API.

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Real minimum wages at constant prices — Statutory minimum wages in Australia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 20 August 2026, from https://economy.statizoid.com/stat/real-minimum-wages-at-constant-prices-statutory-minimum-wages/australia/

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About this data

Indicator
Real minimum wages at constant prices — Statutory minimum wages
Unit
US dollars, exchange rate converted
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
36 places, 1,478 data points, 1960–2025
Last refreshed

Real minimum wages are statutory minimum wages converted into a common hourly and annual pay period for the 30 OECD countries and two other non-member countries for which they are available. Real hourly and annual minimum wages are calculated first by deflating the series using the consumer price index taking 2024 as the base year then converted into common currency units 1) US dollars (USD) and 2) USD using Purchasing Power Parities (PPPs) for private consumption expenditures in 2024.