"An annual minimum wage in countries such as The Gambia and Syria is similar to the weekly minimum wage in countries such as Iceland and the United Kingdom," reads the report. To find a more accurate value of minimum wages around the world, Moorepay converted each country's minimum annual salary into international dollars using World Bank Purchasing Power Parity (PPP). Moorepay based these numbers on Canada's latest federal minimum wage rate, which increased to $17.75 earlier this year. Our neighbours to the south didn't do so well in the ranking, placing 23rd globally with an annual minimum salary of just Intl$15,080 based on the US$7.25 hourly minimum wage. Countries with the lowest minimum wage rates include Sierra Leone (annual minimum salary of Intl$2,002), the Central African Republic (Intl$1,759), Ghana (Intl$1,285), Uganda (Intl$1,285) and The Gambia (Intl$778).