Of the G20 countries, Argentina saw the largest increase of the net minimum wage from January 2023 to January 2024, with wages increasing by almost 140 percent. This must be seen in relation with the country's soaring inflation rates. The same can be said of Turkey, where minimum wages almost doubled from 2023 to 2024.
Annual change of net minimum monthly wages in G20 countries from January 2023 to January 2024
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Picodi. (January 16, 2024). Annual change of net minimum monthly wages in G20 countries from January 2023 to January 2024 [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1445743/minimum-wages-g20-annual-change/
Picodi. "Annual change of net minimum monthly wages in G20 countries from January 2023 to January 2024." Chart. January 16, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1445743/minimum-wages-g20-annual-change/
Picodi. (2024). Annual change of net minimum monthly wages in G20 countries from January 2023 to January 2024. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1445743/minimum-wages-g20-annual-change/
Picodi. "Annual Change of Net Minimum Monthly Wages in G20 Countries from January 2023 to January 2024." Statista, Statista Inc., 16 Jan 2024, https://www.statista.com/statistics/1445743/minimum-wages-g20-annual-change/
Picodi, Annual change of net minimum monthly wages in G20 countries from January 2023 to January 2024 Statista, https://www.statista.com/statistics/1445743/minimum-wages-g20-annual-change/ (last visited December 23, 2024)
Annual change of net minimum monthly wages in G20 countries from January 2023 to January 2024 [Graph], Picodi, January 16, 2024. [Online]. Available: https://www.statista.com/statistics/1445743/minimum-wages-g20-annual-change/