Switzerland tops the global ranking for monthly minimum wages, offering workers $3,800 in purchasing power parity (PPP)-adjusted US dollars, according to 2024 data from the International Labour Organization (ILO).

The United Kingdom and Germany tie for second place at $2,900, followed by Australia ($2,800), Iceland ($2,700), and New Zealand ($2,700).

Further down the list, the United States ranks 16th with $1,300 per month.

Among developing economies, Kenya stands at 26th position globally with a PPP-adjusted monthly minimum wage of $361, outranking nations such as India ($233) and Haiti, which trails at $167.