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Taiwan Wages: Minimum and Average

Taiwan Wages Data

Indicator Data Period
Minimum Wages 26400 TWD/Month | 823.122 USD/Month 2023
Wages 59221 TWD/Month | 1846.444 USD/Month Jul/23
Wages in Manufacturing 70394 TWD/Month | 2194.806 USD/Month Jul/23


Latest data on Minimum Wages (TWD/Month)

Minimum Wages
                     Taiwan - Historical Data (TWD/Month)

What is minimum wage in Taiwan?

  • Minimum Wages in Taiwan increased to 26400 TWD/Month (823.122 USD/Month) in 2023. The maximum rate of minimum wage for employees was 24000 TWD/Month and minimum was 2400 TWD/Month.
  • Data published Yearly by Council of Labour Affairs.

Historical Data (TWD/Month) by years

Data
Period
Date
26400 2023 11.01.2023
25250 2022 01.04.2022
24000 2021 09.02.2021
23800 2020 06.02.2020
23100 2019 16.01.2019
22000 2018 19.01.2018
22000 2018 16.01.2018
21009 2017 11.08.2017


Historical Chart by prime ministers (TWD/Month)

Minimum Wages in Taiwan by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Tsai Ing-wen 26.05.2016 - 20008.0000 22000.0000 22000.0000 20008.0000 9.96%
Ma Ying-jeou 20.05.2008 - 26.05.2016 17280.0000 20008.0000 20008.0000 17280.0000 15.79%
Chen Shui-bian 20.05.2000 - 20.05.2008 15840.0000 17280.0000 17280.0000 15840.0000 9.09%


Latest data on Wages (TWD/Month)

Wages
                     Taiwan - Historical Data (TWD/Month)

What is average wage in Taiwan?

  • Average Wages in Taiwan increased to 59221 TWD/Month (1846.444 USD/Month) in July 2023. The maximum rate of average wage for employees was 99084 TWD/Month and minimum was 7902 TWD/Month.
  • Data published Monthly by Directorate-General of Budget, Accounting and Statistics.

Historical Data (TWD/Month) by years

Data
Period
Date
59221 Jul/23 14.09.2023
53900 Jun/23 11.08.2023
55099 May/23 14.07.2023
51658 Apr/23 13.06.2023
52066 Mar/23 11.05.2023
52705 Feb/23 15.04.2023
107736 Jan/23 18.03.2023
57405 Dec/22 18.02.2023


Historical Chart by prime ministers (TWD/Month)

Wages in Taiwan by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Tsai Ing-wen 26.05.2016 - 45828.0000 45767.0000 93144.0000 43069.0000 -0.13%
Ma Ying-jeou 20.05.2008 - 26.05.2016 40554.0000 43560.0000 88285.0000 38138.0000 7.41%
Chen Shui-bian 20.05.2000 - 20.05.2008 37846.0000 40192.0000 82087.0000 36970.0000 6.20%


Latest data on Wages in Manufacturing (TWD/Month)

Wages in Manufacturing
                     Taiwan - Historical Data (TWD/Month)

How much is average wage in manufacturing in Taiwan?

  • Average wages in manufacturing sector in Taiwan increased to 70394 TWD/Month (2194.806 USD/Month). The maximum level was 99693 TWD/Month and minimum was 1789 TWD/Month.
  • Data published Monthly by Directorate General of Budget, Accounting and Statistics.

Historical Data (TWD/Month) by years

Data
Period
Date
70394 Jul/23 14.09.2023
54253 Jun/23 11.08.2023
56377 May/23 14.07.2023
50403 Apr/23 13.06.2023
50695 Mar/23 11.05.2023
56460 Feb/23 15.04.2023
109131 Jan/23 18.03.2023
57167 Dec/22 18.02.2023


Historical Chart by prime ministers (TWD/Month)

Wages in Manufacturing in Taiwan by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other labor indicators in Taiwan

Index Updated Actual Previous
Unemployment Rate Aug/23 3.42 % 3.43
Labor Force Participation Rate Aug/23 59.21 % 59.23

Wages in other countries

Country Updated Actual Previous
Bangladesh 2017 141.581 USD/Month 137.726
Kyrgyzstan Jul/23 372.046 USD/Month 397.056
Mongolia 2Q/23 663.775 USD/Month 643.054
Tajikistan Jun/23 203.349 USD/Month 176.321
China 2022 1301.701 USD/Month 1219.6
Georgia 2Q/23 671.004 USD/Month 638.29
India 2014 115.31 USD/Month 108.53
Israel Jun/23 3237.175 USD/Month 3226.81
South Korea 2Q/23 3015.471 USD/Month 3419.512
Taiwan Jul/23 1846.444 USD/Month 1678.546
Vietnam 2Q/23 286.489 USD/Month 289.723
Armenia Aug/23 658.099 USD/Month 668.655
Hong Kong 2Q/23 2306.018 USD/Month 2269.91
Japan Aug/23 2140.488 USD/Month 2993.015
Kazakhstan Jan/23 718.049 USD/Month 657.009
Macau 2Q/23 2114.139 USD/Month 2114.139
Malaysia 2021 642.439 USD/Month 620.439
Philippines 2016 200.58 USD/Month 189.61
Singapore 2Q/23 4588.745 USD/Month 5151.515
Thailand 2Q/23 423.147 USD/Month 415.075
Azerbaijan Aug/23 544.118 USD/Month 542.353
Bahrain 2Q/23 2297.082 USD/Month 2307.692
Uzbekistan 2022 319.264 USD/Month 264.409
Mauritius 2022 846.312 USD/Month 763.242