In the world there are countries, mainly from the category of emerging markets, where working hands are valued very cheaply. Remuneration is extremely low in these countries. Uganda is the world leader in “the lowest wage”. The cost of labor here does not exceed $22 per year, and the hourly wage may be $0.01. A worker may earn only $1.7 per month. The level of wages in Uganda is low, as well as the price of living.
The second place is occupied by Georgia. The annual rate of wage is no more than $96. The country's resident gets about $8 per year in the private sector ($0.05 per hour). Salary in state institutions comes to $48.
The third place in the list of the countries with the lowest wages goes to Cuba. The annual wage is $108 here. It is possible that it can be interesting for the American businessmen who will wish to start their own office on Liberty Island. It will be beneficial for the employers, because, here, the lowest minimum wage is $0.05 per hour and $9 per month.
The fourth place is taken by Kyrgyzstan with the annual wage at around $181. The minimum wage is no more than $0.09 per hour. Those who work in the administrative sector can count on $14 per month.
Bangladesh is on the fifth place. The annual rate of wage reaches about $228. The living standard in Bangladesh is very low, as well as cost of the labor force - $0.09 per hour. However, the textile sector worker may earn $68 per month.
Tanzania is on the sixth place in the list of the countries with the lowest wages. The annual wage reaches $240, here. The minimum wage is $0.1 per hour and $20 per month. A significant part of Tanzania's population lives below the poverty line.
The things are a little better in Gambia that took the seventh place in this rating. The annual wage is $317. The labor force costs $0.13 per hour. The most part of the population works in the agricultural and touristic sectors.
The Eighth place among countries with cheap labor is occupied by Venezuela. The annual wage of an employee is less than $361. The minimum wage is $0.17 per hour. Venezuela is characterized by the total impoverishment of the population, despite the impressive oil reserves of the country.
Guinea-Bissau is on the ninth place in the rating of countries with the lowest wages - no more than $372 per year. The country has one of the lowest GDP per capita. Two-thirds of the republic's citizens live in poverty, which is reflected in the level of payroll: $0.17 per hour and $30 per month. With this money you can buy a bag of rice.
The last on the list of ten states with the lowest salaries is Malawi. The annual salary is less than $412. Malawi residents can count on a payment of not more than $0.17 per hour.
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