
Minimum-Wage.org - International Minimum Wage Rates 2012
North Korea Minimum Wage, Labor Law, and Employment Data Sheet
$0.00
International CurrencyBecause North Korea does not have a minimum wage, there is no mandatory minimum rate of pay for workers in North Korea. Pay rates must be agreed upon directly with the employer through collective bargaining or other means of negotiating a fair living wage.
What is the North Korea Minimum Wage?
North Korea's Minimum Wage is the lowest amount a worker can be legally paid for his work. Most countries have a nation-wide minimum wage that all workers must be paid.
North Korea has no applicable minimum wage. North Korea's minimum wage was last changed in N/A .
How does North Korea's minimum wage compare to the minimum wage in other countries?
North Korea's yearly minimum wage is $0.00 in International Currency. International Currency is a measure of currency based on the value of the United States dollar in 2009. There are countries with a higher Minimum Wage then North Korea, and North Korea is in the top 0 percent of all countries based on the yearly minimum wage rate.
Facts and statistics about North Korea
North Korea is a country located in the Eastern Asia region with a population of 24,039,000 and an average life span of 70.7 years.
| Local Name | Choson Minjujuui Inīmin Konghwaguk (Bukhan) |
| Gross National Product | 5,332 |
| Government Type | Socialistic Republic |
| Current Leader | Kim Jong-il |
| Independence Year | 1948 |
| Continent & Region | Asia, Eastern Asia |
| Surface Area | 120,538 square kilometers |
| ISO 3166 Country Code | KP |
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