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Taiwan Wages: Minimum and Average

Taiwan Wages Data

Indicator Data Period
Minimum Wages 26400 TWD/Month | 887.892 USD/Month 2023
Wages 51157 TWD/Month | 1720.525 USD/Month Nov/22
Wages in Manufacturing 54695 TWD/Month | 1839.516 USD/Month Nov/22


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 (887.892 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 51157 TWD/Month (1720.525 USD/Month) in November 2022. 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
51157 Nov/22 12.01.2023
50449 Oct/22 17.12.2022
52503 Sep/22 12.11.2022
56108 Aug/22 15.10.2022
58355 Jul/22 17.09.2022
53068 Jun/22 13.08.2022
55440 May/22 16.07.2022
51492 Apr/22 11.06.2022


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 54695 TWD/Month (1839.516 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
54695 Nov/22 12.01.2023
52030 Oct/22 17.12.2022
54038 Sep/22 12.11.2022
62012 Aug/22 15.10.2022
70858 Jul/22 17.09.2022
53704 Jun/22 13.08.2022
56762 May/22 16.07.2022
52096 Apr/22 11.06.2022


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 Dec/22 3.61 % 3.64
Labor Force Participation Rate Dec/22 59.17 % 59.2

Wages in other countries

Country Updated Actual Previous
Bangladesh 2017 141.581 USD/Month 137.726
Kyrgyzstan Nov/22 334.585 USD/Month 331.73
Mongolia 2Q/22 542.259 USD/Month 509.245
Tajikistan Sep/22 177.405 USD/Month 158.028
China 2021 1325.14 USD/Month 1207.829
Georgia 3Q/22 606.464 USD/Month 585.932
India 2014 115.31 USD/Month 108.53
Israel Oct/22 3575.879 USD/Month 3550.378
South Korea 3Q/22 3466.543 USD/Month 3193.976
Taiwan Nov/22 1720.525 USD/Month 1697.218
Vietnam 4Q/22 289.964 USD/Month 285.7
Armenia Nov/22 627.048 USD/Month 599.037
Hong Kong 3Q/22 2227.776 USD/Month 2208.395
Japan Nov/22 2508.823 USD/Month 2440.828
Kazakhstan Dec/22 680.929 USD/Month 680.929
Macau 4Q/22 1936.132 USD/Month 1737.555
Malaysia 2021 711.908 USD/Month 687.529
Philippines 2016 200.58 USD/Month 189.61
Singapore 3Q/22 4434.583 USD/Month 4473.604
Thailand 3Q/22 462.877 USD/Month 468.719
Azerbaijan Nov/22 488.235 USD/Month 487.059
Bahrain 3Q/22 2148.541 USD/Month 2143.236
Uzbekistan 2021 285.823 USD/Month 237.638
Mauritius 2021 764.095 USD/Month 758.914