Iran Minimum Wage Rate 2018
Iran has a government-mandated minimum wage, and no worker in Iran can be paid less then this mandatory minimum rate of pay. Employers in Iran who fail to pay the Minimum Wage may be subject to punishment by Iran's government.
What is the Iran Minimum Wage?
Iran'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.
Iran's minimum wage is 712,000 Iranian tomans ($215) (equal to 7120000 rials),set annually for each sector and region. Iran's minimum wage was last changed in 1-Mar-2015.
How does Iran's minimum wage compare to the minimum wage in other countries?
Iran's yearly minimum wage is $6,700.00 in International Currency. International Currency is a measure of currency based on the value of the United States dollar in 2009. There are 29 countries with a higher Minimum Wage then Iran, and Iran is in the top 15 percent of all countries based on the yearly minimum wage rate.
Facts and statistics about Iran
Iran is a country located in the Southern and Central Asia region with a population of 67,702,000 and an average life span of 69.7 years.
|Gross National Product||$195,746.00|
|Government Type||Islamic Republic|
|Current Leader||Ali Mohammad Khatami-Ardakani|
|Continent & Region||Asia, Southern and Central Asia|
|Surface Area||1,648,195 square kilometers|
|ISO 3166 Country Code||IR|
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