Minimum Wages in Taiwan increased to 24000 TWD/Month in 2021 from 23800 TWD/Month in 2020. source: Council of Labour Affairs

Minimum Wages in Taiwan averaged 13864.32 TWD/Month from 1978 until 2021, reaching an all time high of 24000 TWD/Month in 2021 and a record low of 2400 TWD/Month in 1979. This page provides - Taiwan Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Minimum Monthly Wage - values, historical data and charts - was last updated on February of 2021.

Minimum Wages in Taiwan is expected to reach 24000.00 TWD/Month by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Minimum Monthly Wage is projected to trend around 24500.00 TWD/Month in 2022 and 25100.00 TWD/Month in 2023, according to our econometric models.

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Taiwan Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
24000.00 23800.00 24000.00 2400.00 1978 - 2021 TWD/Month Yearly

Taiwan Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.76 3.77 6.02 1.04 percent [+]
Employed Persons 11510.00 11508.00 11532.00 6068.00 Thousand [+]
Unemployed Persons 450.00 451.00 659.00 71.00 Thousand [+]
Labor Force Participation Rate 59.11 59.10 61.21 57.06 percent [+]
Productivity 115.83 118.54 127.36 20.29 points [+]
Labour Costs 81.85 82.90 289.35 64.98 points [+]
Minimum Wages 24000.00 23800.00 24000.00 2400.00 TWD/Month [+]
Wages in Manufacturing 50800.00 48832.00 99693.00 1789.00 TWD/Month [+]
Population 23.60 23.59 23.60 15.93 Million [+]
Youth Unemployment Rate 12.39 12.38 16.28 2.42 percent [+]
Wages 53252.00 48242.00 99084.00 7902.00 TWD/Month [+]