MINIMUM AND AVERAGE SALARY IN JAPAN

Japan is an island state located in the eastern part of Asia and the Pacific Ocean east of the Sea of Japan, China, Russia, North and South Korea. It is a very beautiful country with fascinating history and culture, developed economy and high standard of living.

Salary in Japan

The population of Japan is 126.5 million people. At the same time, foreigners account for no more than 2%. Unemployment in the country is about 2-3%. Japanese workers are very disciplined and highly productive. Let's find out what salaries in Japan in 2020.

Minimum salary in Japan

According to official data from the Japanese Ministry of Health, Labour and Welfare (MHLW), the national minimum wage in Japan is 902 yen per hour ($8.5) from October 1, 2020. The average increase this year has fallen to its lowest level in 16 years.

Important. Japan's Central Minimum Wage Council, which advises the MHLW, recommended that the minimum wage remain unchanged in 2020, citing the economic impact of the coronavirus pandemic. However, on average, the rate was raised by 1 yen.

In 47 prefectures in Japan, the minimum wage ranges from 792-1,013 yen per hour ($7.5-9.5). The highest rate was set in Tokyo (1,013 yen). In seven prefectures, including Akita, Tottori, Kochi, Saga and Okinawa, the minimum rate is 792 yen.

Average salary in Japan

According to the authoritative portal Trading Economics, the average salary in Japan in 2020 (July) is 419,970 yen per month, which is equivalent to $3,980. But overall, during the year, the monthly income of a Japanese employee is 309,170 yen ($2,930). About $2,500 remains after taxes and other deductions.

The highest wages in Japan are in cities such as Tokyo, Yokohama, and Osaka. The industries with the highest incomes are information technology, manufacturing, medicine, finance and construction/real estate. The most highly paid professions in Japan are pilots, doctors and university professors. Cashiers, waiters, and janitors earn the least.

SALARY IN JAPAN BY SECTOR OF ECONOMY

Sector of economy Yen per year US dollars per year
IT/Communication 4,610,000 43,670
Production 4,560,000 43,200
Medicine 4,500,000 42,630
Finance 4,460,000 42,250
Construction/real estate 4,180,000 39,600
Advertising/SMI 4,120,000 39,030
Services 3,760,000 35,620
Retail trade/food 3,550,000 33,630

In conclusion, it should be noted that the income tax rate in Japan on wages of hired workers ranges from 5% (income up to 1,950 million yen per year) to 45% (income over 40 million yen per year).

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