About this site

This website focuses on issues regarding social protection in Asia and the activities done by the Network on Social Protection Rights (INSP!R) and its members. It is under the editorial oversight from the Asia Steering Committee, composed out of members from India, Bangladesh, Nepal, Cambodia, Indonesia and Philippines. It is meant to foster dialogue and share experiences.
The articles describe challenges and achievements to improve the right to social protection to workers in the region, with a specific focus to gender, youth and informal workers.

22 June 2016

How to compare minimum wages

Let’s look at two countries: the minimum wage for an hour in Belgium is almost 9 €, in Nepal it is 34 €ocents, 26 times less. But is life not much cheaper in Nepal than in Belgium? So let us compare in PPP (Purchasing Power Parity), a fictional currency which compares currencies through a basket of standard products. In Belgium, minimum hourly wage would be 10,31PPP and in Nepal 1,21PPP. Not as huge a difference, but still 8.5 times less, especially if one considers that many Nepalese are paid less than the minimum wage, while many Belgians earn more than the minimum wage (Belgians on average earn 22 €/hour).
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