Apparel Prices

Minimum Wages in Emerging Countries

Our report displays minimum wages in low-cost apparel manufacturing countries in Asia, from 2015 onward, in local currency and US$ terms. A 10-year comparison is available in local currency terms, 2015 US$ terms, and nominal US$ terms. 

Minimum Wages in Apparel Manufacturing Countries

Minimum wages are being raised across the board in Asia, reflecting ageing populations and the need to boost consumption as international trade recedes.
Our report presents minimum wages in low-cost apparel manufacturing countries in Asia from 2015 to 2025, both in local currency and US$ terms. Real wages have been calculated, and we provide a 10-year comparison in local currency terms, 2015 US$ terms, and nominal US$ terms. You can download the data for your reference.

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Minimum Wages in Apparel Manufacturing Countries

Vietnam and Turkey’s postponements of minimum wage hikes originally scheduled for July 1, 2025, highlight how concerns over trade competitiveness are currently taking precedence over inflationary pressures and social welfare considerations in key export-driven economies.
Our report presents minimum wages in low-cost apparel manufacturing countries in Asia from 2015 to 2025, both in local currency and US$ terms. Real wages have been calculated, and we provide a 10-year comparison in local currency terms, 2015 US$ terms, and nominal US$ terms. You can download the data for your reference.

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Minimum Wages in Apparel Manufacturing Countries

Minimum wages see slight increases in low-cost countries without fully offsetting inflation. Our report presents minimum wages in low-cost apparel manufacturing countries in Asia from 2015 to 2025, both in local currency and US$ terms. Real wages have been calculated, and we provide a 10-year comparison in local currency terms, 2015 US$ terms, and nominal US$ terms. You can download the data for your reference.

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