In 2024, the national minimum wage in Laos remained fixed at €70.1 per month, that is 841 euros per year, taking into account 12 payments per year.
If we look at the minimum salary in Kip, which is the official currency in Laos, we can see that, this year, it was 1,600,000 Kip and accordingly, the national minimum wage has remained stable, while the CPI of 2023 which was 25.2%, so workers have lost purchasing power in the last year.
If we look at the ranking of the national minimum wage that we publish, Laos is in 110 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 Laos. You can see NMW in other countries in National Minimum Wage 2024 and see all the information about this country in Laos economy.