The Minimum Wage Around the World

Business Insider
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By Libby Kane

The Organization for Economic Cooperation and Development (OECD), an international policy group that monitors and analyzes 34 countries, recently tweeted the following chart:

<b class="credit">OECD</b>
OECD


It illustrates the after-tax value of the hourly minimum wage, in US dollars, in the OECD countries that have instituted one.

Australia and Luxembourg lead the group with wages over $9 an hour each, and Latvia and Mexico are at the bottom with wages under $2.