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
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.
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 Germany 29,303 US dollars, exchange rate converted compare
- 6 Belgium 28,590 US dollars, exchange rate converted compare
- 7 New Zealand 28,311 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
- 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)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.5328 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.88 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1.37 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.7296 (2025)
- Gdp worldbank constant usd, annual growth rate 1.74 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.8154 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 45,418 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2022)
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.