Sri Lanka has been ranked 120th out of 130 countries in the latest comparative global minimum wage report published by Visual Capitalist, based on data from the International Labour Organization (ILO).
According to the report, Sri Lanka’s monthly minimum wage has a purchasing power equivalent of around USD 200, placing the country among the lowest-ranked nations globally.
Among South Asian countries, Sri Lanka recorded the lowest ranking. Pakistan ranked 68th with USD 570, followed by Nepal at 78th with USD 490, Bangladesh at 89th with USD 379, and India at 111th with USD 233.
In Asia, South Korea recorded the highest figure at USD 2,362, ranking 11th globally, while Japan ranked 16th with USD 1,839.
Switzerland topped the global ranking with a purchasing power equivalent of USD 3,804 per month. Germany, the United Kingdom, the Netherlands, Australia, Belgium, Iceland, New Zealand, France and Ireland also featured among the top ten.
Only ten countries ranked below Sri Lanka, with The Gambia recording the lowest figure at USD 67.
The report noted that the figures are calculated using domestic purchasing power parity rather than direct US dollar income. Taxes and additional allowances are also excluded from the calculations.
