In 2006, the national minimum wage in Japan remained fixed at €835.2 per month, that is 10,022 euros per year, taking into account 12 payments per year.
If we look at the minimum salary in Japanese yen, which is the official currency in Japan, we can see that, this year, it was 116,003.3 Japanese yen and accordingly, the national minimum wage has been raised 606.6 Japanese yen per month from the previous year, 0.53%. This increase is greater than the CPI of 2005 which was -0.1%, so workers have gained buying power in the last year.
If we look at the ranking of the national minimum wage that we publish, Japan is in 11 nd place 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 Japan. You can see NMW in other countries in National Minimum Wage 2006 and see all the information about this country in Japan economy.