USDTWD.ai Taiwan Macro Atlas

Taiwan Minimum Wage Rose 47.4% from 2016 to 2026

The monthly minimum wage rose from NT$20,008 to NT$29,500; hourly pay rose to NT$196.

What the Data Shows

Taiwan’s minimum-wage path shows a decade of repeated wage-floor increases. The monthly minimum rose from NT$20,008 in the 2016 baseline to NT$29,500 in 2026, while the hourly floor climbed from NT$120 to NT$196. Showing both percentage gains separates the monthly wage path from the faster hourly-wage rise.

Data table

2016 NT$20.0k
2018 NT$22.0k
2020 NT$23.8k
2022 NT$25.3k
2024 NT$27.5k
2025 NT$28.6k
2026 NT$29.5k

Data notes & caveats

The NT$20,008 monthly and NT$120 hourly values were set by the July 2015 adjustment and serve as the 2016 baseline. The 2026 wage took effect on Jan. 1, 2026.

Methodology

Uses MOL official minimum-wage adjustment history. The chart plots monthly minimum wage checkpoints; hourly values and percentage changes are calculated from the same official sequence.