In 2006, the national minimum wage in Honduras remained fixed at €86.8 per month, that is 1,042 euros per year, taking into account 12 payments per year.
If we look at the minimum salary in lempiras, which is the official currency in Honduras, we can see that, this year, it was 1,942 lempiras and accordingly, the national minimum wage has been raised 192 lempiras per month from the previous year, 10.97%. This increase is greater than the CPI of 2005 which was 7.8%, so workers have gained buying power in the last year.
If we look at the ranking of the national minimum wage that we publish, Honduras is in 55 nd place, so it is among the countries with the lowest minimum salary of the 81 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 Honduras. You can see NMW in other countries in National Minimum Wage 2006 and see all the information about this country in Honduras economy.