In 2024, the national minimum wage in Belize remained fixed at €470.1 per month, that is 5,641 euros per year, taking into account 12 payments per year.
If we look at the minimum salary in Belize dollars, which is the official currency in Belize, we can see that, this year, it was 1,039.2 Belize dollars and accordingly, the national minimum wage has remained stable, while the CPI of 2023 which was 3.7%, so workers have lost purchasing power in the last year.
If we look at the ranking of the national minimum wage that we publish, Belize is in 55 nd place, so it is among the countries with the lowest minimum salary of the 124 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 Belize. You can see NMW in other countries in National Minimum Wage 2024 and see all the information about this country in Belize economy.