Minimum Wages in the United Kingdom increased to 8.91 GBP/Hour in 2021 from 8.72 GBP/Hour in 2020. source: Department for Work and Pensions, UK

Minimum Wages in the United Kingdom averaged 6.68 GBP/Hour from 2005 until 2021, reaching an all time high of 8.91 GBP/Hour in 2021 and a record low of 5.05 GBP/Hour in 2005. This page provides - United Kingdom Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Gross Minimum Hourly Wage - values, historical data and charts - was last updated on September of 2021.

Minimum Wages in the United Kingdom is expected to reach 8.91 GBP/Hour by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Gross Minimum Hourly Wage is projected to trend around 9.15 GBP/Hour in 2022 and 9.50 GBP/Hour in 2023, according to our econometric models.

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United Kingdom Gross Minimum Hourly Wage

Actual Previous Highest Lowest Dates Unit Frequency
8.91 8.72 8.91 5.05 2005 - 2021 GBP/Hour Yearly

United Kingdom Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.60 4.70 11.90 3.40 percent [+]
Employed Persons 32357.00 32276.00 33073.00 23630.00 Thousand [+]
Unemployed Persons 2193.30 2251.90 3090.00 422.60 Thousand [+]
Part Time Employment 7831.00 7815.00 8704.00 5995.00 Thousand [+]
Full Time Employment 24526.00 24461.00 24715.00 19136.00 Thousand [+]
Employment Rate 75.20 75.10 76.60 65.60 percent [+]
Claimant Count Change -58.60 -48.90 844.10 -151.40 Thousand [+]
Labor Force Participation Rate 78.90 78.90 79.80 74.10 percent [+]
Youth Unemployment Rate 12.90 13.10 22.50 10.80 percent [+]
Labour Costs 112.80 112.00 115.10 19.60 points [+]
Productivity 100.70 100.00 104.50 42.60 points [+]
Job Vacancies 1034.00 959.00 1034.00 340.00 Thousand [+]
Wages 578.00 576.00 578.00 300.00 GBP/Week [+]
Wages in Manufacturing 648.00 637.00 648.00 356.00 GBP/Week [+]
Wage Growth 8.30 8.80 8.80 -2.70 percent [+]
Minimum Wages 8.91 8.72 8.91 5.05 GBP/Hour [+]
Population 67.20 66.80 67.20 50.29 Million [+]
Retirement Age Women 66.00 66.00 66.00 60.00 [+]
Retirement Age Men 66.00 66.00 66.00 65.00 [+]
Non Farm Payrolls 29060.00 28820.00 29060.00 26763.00 Thousand [+]
Average Weekly Hours 31.10 31.00 33.50 25.80 Hours [+]
Employment Change 183.00 95.00 311.00 -407.00 Thousand [+]