Bangladesh Minimum Wage Rate 2024
Bangladesh has a government-mandated minimum wage, and no worker in Bangladesh can be paid less then this mandatory minimum rate of pay. Employers in Bangladesh who fail to pay the Minimum Wage may be subject to punishment by Bangladesh's government.
What is the Bangladesh Minimum Wage?
Bangladesh'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.
The Bangladesh minimum wage is 1,500 taka per month for all economic sectors not covered by industry-specific wages (in the garment industry the minimum wage is 5,300 taka per month). The minimum wage is set nationally every five years by the National Minimum Wage Board in a tripartite forum industry by industry. Bangladesh's minimum wage was last changed in 1-Dec-2013.
Facts and statistics about Bangladesh
Bangladesh is a country located in the Southern and Central Asia region with a population of 129,155,000 and an average life span of 60.2 years.
Local Name | Bangladesh |
Gross National Product | $32,852.00 |
Government Type | Republic |
Current Leader | Shahabuddin Ahmad |
Independence Year | 1971 |
Continent & Region | Asia, Southern and Central Asia |
Surface Area | 143,998 square kilometers |
ISO 3166 Country Code | BD |
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