Malta Minimum Wage Rate 2023
Malta has a government-mandated minimum wage, and no worker in Malta can be paid less then this mandatory minimum rate of pay. Employers in Malta who fail to pay the Minimum Wage may be subject to punishment by Malta's government.
What is the Malta Minimum Wage?
Malta'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.
Malta's minimum wage rate is € €168.01 a week,combined with an annual mandatory bonus of €270.20 and a €242.32 annual cost of living increase,automatically adjusted for inflation. These rate apply for all workers. Malta's minimum wage was last changed in 1-Jan-2016.
How does Malta's minimum wage compare to the minimum wage in other countries?
Malta's yearly minimum wage is $13,556.00 in International Currency. International Currency is a measure of currency based on the value of the United States dollar in 2009. There are 10 countries with a higher Minimum Wage then Malta, and Malta is in the top 5 percent of all countries based on the yearly minimum wage rate.
Facts and statistics about Malta
Malta is a country located in the Southern Europe region with a population of 380,200 and an average life span of 77.9 years.
|Gross National Product||$3,512.00|
|Current Leader||Guido de Marco|
|Continent & Region||Europe, Southern Europe|
|Surface Area||316 square kilometers|
|ISO 3166 Country Code||MT|
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