In 2004, the national minimum wage in Bahamas remained fixed at €548.7 per month, that is 6,584 euros per year, taking into account 12 payments per year.
If we look at the minimum salary in Bahamian dollars, which is the official currency in Bahamas, we can see that, this year, it was 693 Bahamian dollars and accordingly, the national minimum wage has remained stable so workers have lost purchasing power in the last year.
If we look at the ranking of the national minimum wage that we publish, Bahamas is in 15 nd place of the 74 of the list.
The National Minimum Wage (NMW) of a country is the minimum amount (lowest salary) per hour, per day, or per month that employers may legally pay to workers.
In the table that follows we show you the progression of the National Minimum Wage Bahamas. You can see NMW in other countries in National Minimum Wage 2004 and see all the information about this country in Bahamas economy.