In 2007, the national minimum wage in Luxembourg remained fixed at €1,570.3 per month, that is 18,844 euros per year, taking into account 12 payments per year.
Accordingly the national minimum wage has been raised 66.9 Euros per month from the previous year, 4.45%. This increase is greater than the CPI of 2006 which was 2.3%, so workers have gained buying 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 2007 and see all the information about this country in Luxembourg economy.