In 2020, the national minimum wage in Bosnia and Herzegovina remained fixed at €207.6 per month, that is 2,491 euros per year, taking into account 12 payments per year.
If we look at the minimum salary in Convertible mark, which is the official currency in Bosnia and Herzegovina, we can see that, this year, it was 406 Convertible mark 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, Bosnia and Herzegovina is in 76 nd place, so it is among the countries with the lowest minimum salary of the 118 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 Bosnia and Herzegovina. You can see NMW in other countries in National Minimum Wage 2020 and see all the information about this country in Bosnia and Herzegovina economy.