Real minimum wages at constant prices — Statutory minimum wages in Canada
Canada: Real minimum wages at constant prices — Statutory minimum wages was 24,652 US dollars, exchange rate converted in 2025. ▲ Rising
Latest (2025)
24,652 US dollars, exchange rate converted
Change on year
up 0.8%
World rank
8th
of 26 countries
All-time high
24,652 US dollars, exchange rate converted
in 2025
All-time low
13,292 US dollars, exchange rate converted
in 1966
Years of data
61
1965–2025
Real minimum wages at constant prices — Statutory minimum wages in Canada, 1965–2025
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.
Analysis
Canada recorded 24,652 US dollars, exchange rate converted for real minimum wages at constant prices — statutory minimum wages in 2025. That is the highest value across all 61 years on record.
The figure is up 0.8% on the previous year and up 19.6% over ten years.
Over the whole period, real minimum wages at constant prices — statutory minimum wages in Canada peaked at 24,652 US dollars, exchange rate converted in 2025 and was at its lowest, 13,292 US dollars, exchange rate converted, in 1966.
Canada ranks 8th of 26 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 61 years of available data.
Real minimum wages at constant prices — Statutory minimum wages in Canada, year by year
| Year | US dollars, exchange rate converted | Change |
|---|---|---|
| 1965 | 13,508 US dollars, exchange rate converted | — |
| 1966 | 13,292 US dollars, exchange rate converted | -1.6% |
| 1967 | 13,778 US dollars, exchange rate converted | +3.7% |
| 1968 | 14,020 US dollars, exchange rate converted | +1.8% |
| 1969 | 15,518 US dollars, exchange rate converted | +10.7% |
| 1970 | 16,097 US dollars, exchange rate converted | +3.7% |
| 1971 | 17,662 US dollars, exchange rate converted | +9.7% |
| 1972 | 17,714 US dollars, exchange rate converted | +0.3% |
| 1973 | 18,345 US dollars, exchange rate converted | +3.6% |
| 1974 | 19,329 US dollars, exchange rate converted | +5.4% |
| 1975 | 20,250 US dollars, exchange rate converted | +4.8% |
| 1976 | 21,340 US dollars, exchange rate converted | +5.4% |
| 1977 | 20,781 US dollars, exchange rate converted | -2.6% |
| 1978 | 19,736 US dollars, exchange rate converted | -5.0% |
| 1979 | 18,999 US dollars, exchange rate converted | -3.7% |
| 1980 | 17,973 US dollars, exchange rate converted | -5.4% |
| 1981 | 17,410 US dollars, exchange rate converted | -3.1% |
| 1982 | 16,519 US dollars, exchange rate converted | -5.1% |
| 1983 | 15,730 US dollars, exchange rate converted | -4.8% |
| 1984 | 15,565 US dollars, exchange rate converted | -1.1% |
| 1985 | 15,360 US dollars, exchange rate converted | -1.3% |
| 1986 | 15,002 US dollars, exchange rate converted | -2.3% |
| 1987 | 15,089 US dollars, exchange rate converted | +0.6% |
| 1988 | 15,225 US dollars, exchange rate converted | +0.9% |
| 1989 | 15,384 US dollars, exchange rate converted | +1.0% |
| 1990 | 15,430 US dollars, exchange rate converted | +0.3% |
| 1991 | 15,346 US dollars, exchange rate converted | -0.5% |
| 1992 | 16,255 US dollars, exchange rate converted | +5.9% |
| 1993 | 16,614 US dollars, exchange rate converted | +2.2% |
| 1994 | 17,128 US dollars, exchange rate converted | +3.1% |
| 1995 | 17,270 US dollars, exchange rate converted | +0.8% |
| 1996 | 17,497 US dollars, exchange rate converted | +1.3% |
| 1997 | 17,434 US dollars, exchange rate converted | -0.4% |
| 1998 | 17,396 US dollars, exchange rate converted | -0.2% |
| 1999 | 17,415 US dollars, exchange rate converted | +0.1% |
| 2000 | 17,082 US dollars, exchange rate converted | -1.9% |
| 2001 | 16,886 US dollars, exchange rate converted | -1.1% |
| 2002 | 16,709 US dollars, exchange rate converted | -1.1% |
| 2003 | 16,474 US dollars, exchange rate converted | -1.4% |
| 2004 | 16,500 US dollars, exchange rate converted | +0.2% |
| 2005 | 16,646 US dollars, exchange rate converted | +0.9% |
| 2006 | 17,013 US dollars, exchange rate converted | +2.2% |
| 2007 | 17,183 US dollars, exchange rate converted | +1.0% |
| 2008 | 17,877 US dollars, exchange rate converted | +4.0% |
| 2009 | 18,933 US dollars, exchange rate converted | +5.9% |
| 2010 | 19,609 US dollars, exchange rate converted | +3.6% |
| 2011 | 19,666 US dollars, exchange rate converted | +0.3% |
| 2012 | 20,035 US dollars, exchange rate converted | +1.9% |
| 2013 | 20,167 US dollars, exchange rate converted | +0.7% |
| 2014 | 20,297 US dollars, exchange rate converted | +0.6% |
| 2015 | 20,611 US dollars, exchange rate converted | +1.5% |
| 2016 | 20,930 US dollars, exchange rate converted | +1.5% |
| 2017 | 21,275 US dollars, exchange rate converted | +1.7% |
| 2018 | 23,532 US dollars, exchange rate converted | +10.6% |
| 2019 | 23,926 US dollars, exchange rate converted | +1.7% |
| 2020 | 24,362 US dollars, exchange rate converted | +1.8% |
| 2021 | 24,114 US dollars, exchange rate converted | -1.0% |
| 2022 | 23,563 US dollars, exchange rate converted | -2.3% |
| 2023 | 23,849 US dollars, exchange rate converted | +1.2% |
| 2024 | 24,464 US dollars, exchange rate converted | +2.6% |
| 2025 | 24,652 US dollars, exchange rate converted | +0.8% |
Canada compared with similar countries
- Canada's 24,652 US dollars, exchange rate converted is above the median for high income countries, which is 16,905 US dollars, exchange rate converted, 1.5× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14,023 US dollars, exchange rate converted | 13,292 US dollars, exchange rate converted | 15,518 US dollars, exchange rate converted | 5 |
| 1970s | 19,025 US dollars, exchange rate converted | 16,097 US dollars, exchange rate converted | 21,340 US dollars, exchange rate converted | 10 |
| 1980s | 15,926 US dollars, exchange rate converted | 15,002 US dollars, exchange rate converted | 17,973 US dollars, exchange rate converted | 10 |
| 1990s | 16,779 US dollars, exchange rate converted | 15,346 US dollars, exchange rate converted | 17,497 US dollars, exchange rate converted | 10 |
| 2000s | 17,130 US dollars, exchange rate converted | 16,474 US dollars, exchange rate converted | 18,933 US dollars, exchange rate converted | 10 |
| 2010s | 21,005 US dollars, exchange rate converted | 19,609 US dollars, exchange rate converted | 23,926 US dollars, exchange rate converted | 10 |
| 2020s | 24,167 US dollars, exchange rate converted | 23,563 US dollars, exchange rate converted | 24,652 US dollars, exchange rate converted | 6 |
Countries ranked near Canada
- 5 Estonia 12,014 US dollars, exchange rate converted compare
- 5 Germany 29,303 US dollars, exchange rate converted compare
- 6 Belgium 28,590 US dollars, exchange rate converted compare
- 6 Latvia 10,034 US dollars, exchange rate converted compare
- 7 New Zealand 28,311 US dollars, exchange rate converted compare
- 7 Türkiye 7,909 US dollars, exchange rate converted compare
- 9 France 24,432 US dollars, exchange rate converted compare
- 10 Israel 21,400 US dollars, exchange rate converted compare
- 11 Spain 18,731 US dollars, exchange rate converted compare
More economy & growth data for Canada
- Real gdp growth, annual growth rate -14.81 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.8812 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.66 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.98 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0101 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 560.16 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0258 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0073 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 409.02 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.65 % change on previous year (2025)
Frequently asked questions
- What is real minimum wages at constant prices — statutory minimum wages in Canada?
- Real minimum wages at constant prices — statutory minimum wages in Canada was 24,652 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 Canada?
- The highest recorded value was 24,652 US dollars, exchange rate converted in 2025.
- What is the lowest real minimum wages at constant prices — statutory minimum wages recorded in Canada?
- The lowest recorded value was 13,292 US dollars, exchange rate converted in 1966.
- How does Canada rank for real minimum wages at constant prices — statutory minimum wages?
- Canada ranks 8th out of 26 countries with data for 2025.
- Is real minimum wages at constant prices — statutory minimum wages rising or falling in Canada?
- Over the last ten years it is up 19.6%. The long-run trend across the full record is rising.
- Where does this Canada 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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About this data
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.