Real minimum wages at constant prices — Statutory minimum wages in United States
United States: Real minimum wages at constant prices — Statutory minimum wages was 15,080 US dollars, exchange rate converted in 2025. ▼ Falling
Real minimum wages at constant prices — Statutory minimum wages in United States, 1960–2025
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.
Analysis
United States recorded 15,080 US dollars, exchange rate converted for real minimum wages at constant prices — statutory minimum wages in 2025. That is the lowest value across all 66 years on record.
That represents a change of down 2.6% on the previous year and down 26.4% over ten years.
Over the whole period, real minimum wages at constant prices — statutory minimum wages in United States peaked at 30,495 US dollars, exchange rate converted in 1968 and was at its lowest, 15,080 US dollars, exchange rate converted, in 2025.
That places United States 12th out of 26 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 66 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 26,448 US dollars, exchange rate converted | 22,652 US dollars, exchange rate converted | 30,495 US dollars, exchange rate converted | 10 |
| 1970s | 26,188 US dollars, exchange rate converted | 24,136 US dollars, exchange rate converted | 27,605 US dollars, exchange rate converted | 10 |
| 1980s | 21,549 US dollars, exchange rate converted | 18,113 US dollars, exchange rate converted | 25,217 US dollars, exchange rate converted | 10 |
| 1990s | 19,816 US dollars, exchange rate converted | 18,690 US dollars, exchange rate converted | 21,172 US dollars, exchange rate converted | 10 |
| 2000s | 18,877 US dollars, exchange rate converted | 17,123 US dollars, exchange rate converted | 21,416 US dollars, exchange rate converted | 10 |
| 2010s | 20,534 US dollars, exchange rate converted | 19,005 US dollars, exchange rate converted | 22,279 US dollars, exchange rate converted | 10 |
| 2020s | 16,636 US dollars, exchange rate converted | 15,080 US dollars, exchange rate converted | 18,769 US dollars, exchange rate converted | 6 |
Countries ranked near United States
- 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
- 13 Japan 14,892 US dollars, exchange rate converted compare
- 14 Portugal 13,763 US dollars, exchange rate converted compare
- 15 Greece 13,724 US dollars, exchange rate converted compare
More economy & growth data for United States
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Taxes less subsidies on products (current US$), annual growth rate 15.63 % change on previous year (2021)
- Taxes less subsidies on products (current US$), per unit of GDP 0.035 current US$ per US$ of GDP (2021)
- Taxes less subsidies on products (current US$), per capita 2,497 current US$ per person (2021)
- Taxes less subsidies on products (current LCU), annual growth rate 15.63 % change on previous year (2021)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.035 current LCU per US$ of GDP (2021)
- Taxes less subsidies on products (current LCU), per capita 2,497 current LCU per person (2021)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
Frequently asked questions
- What is real minimum wages at constant prices — statutory minimum wages in United States?
- Real minimum wages at constant prices — statutory minimum wages in United States was 15,080 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 States?
- The highest recorded value was 30,495 US dollars, exchange rate converted in 1968.
- What is the lowest real minimum wages at constant prices — statutory minimum wages recorded in United States?
- The lowest recorded value was 15,080 US dollars, exchange rate converted in 2025.
- How does United States rank for real minimum wages at constant prices — statutory minimum wages?
- United States ranks 12th out of 26 countries with data for 2025.
- Is real minimum wages at constant prices — statutory minimum wages rising or falling in United States?
- Over the last ten years it is down 26.4%. The long-run trend across the full record is falling.
- Where does this United States 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.