Ethiopia Minimum Wage Rate 2024

Ethiopia has a government-mandated minimum wage, and no worker in Ethiopia can be paid less then this mandatory minimum rate of pay. Employers in Ethiopia who fail to pay the Minimum Wage may be subject to punishment by Ethiopia's government.

What is the Ethiopia Minimum Wage?

Ethiopia'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.

Ethiopia has no national minimum wage. Some government institutions and public enterprises set their own minimum wages: public sector employees,the largest group of wage earners,earned a monthly minimum wage of 420 birr ($21); employees in the banking and insurance sector had a minimum monthly wage of 336 birr ($18). Ethiopia's minimum wage was last changed in 1-Jan-2015.

How does Ethiopia's minimum wage compare to the minimum wage in other countries?

Ethiopia's yearly minimum wage is $902.00 in International Currency. International Currency is a measure of currency based on the value of the United States dollar in 2009. There are 104 countries with a higher Minimum Wage then Ethiopia, and Ethiopia is in the bottom percent of all countries based on the yearly minimum wage rate.

Facts and statistics about Ethiopia

Ethiopia is a country located in the Eastern Africa region with a population of 62,565,000 and an average life span of 45.2 years.