Since June 2004, the national minimum wage in Luxembourg remained fixed at €1,403 per month, that is 16,836 euros per year, taking into account 12 payments per year.
Accordingly the national minimum wage has remained stable, while the CPI of 2004 which was 2.1%, so workers have lost purchasing power in the last year.
If we look at the ranking of the national minimum wage that we publish, Luxembourg is the sencond country with the highest minimum salary 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 Luxembourg. You can see NMW in other countries in National Minimum Wage 2004 and see all the information about this country in Luxembourg economy.