In 2018, the national minimum wage in Palau remained fixed at €607 per month, that is 7,284 euros per year, taking into account 12 payments per year.
If we look at the minimum salary in United States dollars, which is the official currency in Palau, we can see that, this year, it was 728 United States dollars and accordingly, the national minimum wage has remained stable so workers have lost purchasing power in the last year.
If we look at the ranking of the national minimum wage that we publish, Palau is in 29 nd place of the 115 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 Palau. You can see NMW in other countries in National Minimum Wage 2018 and see all the information about this country in Palau economy.