Real minimum wages at constant prices — Statutory minimum wages in United Kingdom
United Kingdom: Real minimum wages at constant prices — Statutory minimum wages was 32,912 US dollars, exchange rate converted in 2025. ▲ Rising
Real minimum wages at constant prices — Statutory minimum wages in United Kingdom, 2000–2025
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 United Kingdom stood at 32,912 US dollars, exchange rate converted. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 3.5% on the previous year and up 32.9% over ten years.
Over the whole period, real minimum wages at constant prices — statutory minimum wages in United Kingdom peaked at 32,912 US dollars, exchange rate converted in 2025 and was at its lowest, 18,666 US dollars, exchange rate converted, in 2000.
That places United Kingdom 2nd out of 26 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22,260 US dollars, exchange rate converted | 18,666 US dollars, exchange rate converted | 24,713 US dollars, exchange rate converted | 10 |
| 2010s | 25,553 US dollars, exchange rate converted | 23,940 US dollars, exchange rate converted | 28,451 US dollars, exchange rate converted | 10 |
| 2020s | 30,639 US dollars, exchange rate converted | 29,334 US dollars, exchange rate converted | 32,912 US dollars, exchange rate converted | 6 |
Countries ranked near United Kingdom
More economy & growth data for United Kingdom
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.14 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- Taxes less subsidies on products (current LCU), annual growth rate 5.18 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0742 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 4,275 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.9825 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.02 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 0.7432 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1.35 (2025)
- Gdp worldbank constant usd, annual growth rate 1.39 % change on previous year (2025)
Frequently asked questions
- What is real minimum wages at constant prices — statutory minimum wages in United Kingdom?
- Real minimum wages at constant prices — statutory minimum wages in United Kingdom was 32,912 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 United Kingdom?
- The highest recorded value was 32,912 US dollars, exchange rate converted in 2025.
- What is the lowest real minimum wages at constant prices — statutory minimum wages recorded in United Kingdom?
- The lowest recorded value was 18,666 US dollars, exchange rate converted in 2000.
- How does United Kingdom rank for real minimum wages at constant prices — statutory minimum wages?
- United Kingdom ranks 2nd out of 26 countries with data for 2025.
- Is real minimum wages at constant prices — statutory minimum wages rising or falling in United Kingdom?
- Over the last ten years it is up 32.9%. The long-run trend across the full record is rising.
- Where does this United Kingdom 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.