To protect the basic welfare of vulnerable workers, the government has approved increases to the national minimum wage annually since 2016. Over 2 million workers have benefited from this flagship labor policy. Furthermore, the Minimum Wage Act came into force on January 1, 2024, codifying these annual adjustments into law to guarantee a minimum standard of pay for workers.
This year, the Executive Yuan has approved another minimum wage hike, effective January 2027, to continue supporting low-income workers and ensure that everyone shares in the benefits of Taiwan's economic growth, which is expected to reach 11.05% in 2026. This marks the 11th consecutive year of minimum wage increases. As a result, the monthly minimum wage has risen by 54.4%, from NT$20,008 (approximately US$624) in 2016 to NT$30,900 (approx. US$963) in 2027, while the hourly minimum wage has increased by 70.8%, from NT$120 (approx. US$3.74) in 2016 to NT$205 (approx. US$6.39) in 2027.