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Minimum Wage

Volume 301: debated on Friday 21 November 1997

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To ask the President of the Board of Trade if she will set out in (a) domestic currency and (b) pounds sterling at purchasing power parity exchange rates, the statutory national minimum wage, on the minimum wage established through bargaining in key industries, in (i) each EU state, (ii) the USA and (iii) Japan. [14752]

[holding answer 18 November 1997]: My department does not systematically collect information on all countries. What information is available is set out in the table.

National minimum wages in selected countries for 1997
Local currencyLocal currency rateperiodPPP£ equivalent
BelgiumBelg. franc44,185month796.74
FranceFre. franc39.43hour4.07
Greecedrachma5,746–6,321day17.55–19.30
LuxembourgLux. franc46,275–55,530month786.33–943.59
Netherlandsguilder2,243month734.66
Portugalescudo56,700month310.02
Spainpeseta2,221day11.86
USAdollar5.15hour3.49
Japanyen4,521–5,252day17.72–20.58
The definition of the minimum wage varies across countries. Also, exemptions may apply for some workers and different rates may apply for youth workers.Local Currency rates for 1997 as known at 28 July 1997.Source for purchasing power parities (PPP), OECD, Main Economic Indicators, 10/97. PPP rates are for 1996.