Saudi Arabia Minimum Wage Rate 2024
Saudi Arabia has a government-mandated minimum wage, and no worker in Saudi Arabia can be paid less then this mandatory minimum rate of pay. Employers in Saudi Arabia who fail to pay the Minimum Wage may be subject to punishment by Saudi Arabia's government.
What is the Saudi Arabia Minimum Wage?
Saudi Arabia'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.
While Saudi Arabia has no official minimum wage for the private sector,the public sector has a minimum rate of 3,000 Saudi riyals. Saudi Arabia's minimum wage was last changed in 2-Feb-2013.
How does Saudi Arabia's minimum wage compare to the minimum wage in other countries?
Saudi Arabia's yearly minimum wage is $7,585.00 in International Currency. International Currency is a measure of currency based on the value of the United States dollar in 2009. There are 25 countries with a higher Minimum Wage then Saudi Arabia, and Saudi Arabia is in the top 13 percent of all countries based on the yearly minimum wage rate.
Facts and statistics about Saudi Arabia
Saudi Arabia is a country located in the Middle East region with a population of 21,607,000 and an average life span of 67.8 years.
Local Name | Al-´Arabiya as-Sa´udiya |
Gross National Product | $137,635.00 |
Government Type | Monarchy |
Current Leader | Fahd ibn Abdul-Aziz al-Sa´ud |
Independence Year | 1932 |
Continent & Region | Asia, Middle East |
Surface Area | 2,149,690 square kilometers |
ISO 3166 Country Code | SA |
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