Key Facts: Armenia vs Cuba Wages
- Armenia Minimum Wage
- ֏431/hr ($1.14 USD)
- Cuba Minimum Wage
- $MN12.12/hr ($0.03 USD)
- Armenia Avg. Gross Monthly Salary
- ֏303,000 /mo ($802.97 USD)
- Cuba Avg. Gross Monthly Salary
- $MN6,649 /mo ($16.22 USD)
- Data Sources
- Ministry of Labour and Social Affairs of Armenia (2026-02-25), Ministerio de Trabajo y Seguridad Social (MTSS) — Cuba (2026-02-25)
Armenia 
Cuba
Updated 2026-02-25
The minimum wage in Armenia is roughly 39 times higher than in Cuba in USD terms, reflecting the gap between a upper-middle-income and a upper-middle-income economy. Average gross salaries diverge further: $803/mo in Armenia versus $16/mo in Cuba, a 49.5:1 ratio. Cuba has the tighter labor market, with unemployment at 1.8% compared to 12.9%.
Armenia's unemployment rate is 12.9% compared to Cuba's 1.8%.
Detailed Comparison
| Metric | Armenia | Cuba |
|---|---|---|
| Minimum wage /hr | ֏431 $1.14 | $MN12.12 $0.03 |
| Minimum wage /mo | ֏75,000 $198.75 | $MN2,100 $5.12 |
| Minimum wage /yr | ֏900,000 $2,385.05 | $MN25,200 $61.46 |
| Avg. gross salary /mo | ֏303,000 /mo $802.97 | $MN6,649 /mo $16.22 |
| Avg. net salary /mo | ֏242,000 /mo $641.31 | $MN6,300 /mo $15.37 |
| Median individual income /yr | ֏1,800,000 /yr $4,770.11 | $MN48,000 /yr $117.07 |
Percentage differences are based on USD equivalent values. Positive means Armenia is higher.
Work Week
- Armenia
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Labour Code sets standard workweek at 40 hours. Maximum daily working time is 8 hours. Overtime premium at least 50% above regular rate. Night work (22:00-06:00) premium at least 30%. Maximum 4 hours overtime per day, 180 hours per year.
- Cuba
-
44 hrs/wk standard
Max 44 hrs/wk
Overtime : 1.25x pay
Labour Code sets standard working hours at 8 hours/day and 44 hours/week. Overtime is paid at 125% of normal rate. Some sectors work 40 hours/week.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker moving from Cuba to Armenia would see a 3764% increase in USD-equivalent hourly earnings. Standard work weeks differ: Armenia mandates 40 hours while Cuba mandates 44 hours. A minimum wage worker's weekly earnings in Armenia are $46 vs $1 in Cuba.
See this comparison from Cuba's perspective: Cuba vs Armenia
Compare Armenia with...
Armenia vs United States $ 7.25 /hr 
Armenia vs China ¥ 25 /hr 
Armenia vs Germany € 13.9 /hr 
Armenia vs United Kingdom £ 12.71 /hr 
Armenia vs India ₹ 4,576 /mo 
Armenia vs Japan ¥ 1,121 /hr 
Armenia vs France € 12.02 /hr 
Armenia vs South Korea ₩ 10,320 /hr 
Armenia vs Canada C$ 18.1 /hr 
Armenia vs Australia A$ 24.95 /hr 
Armenia vs Brazil R$ 7.37 /hr 
Armenia vs Russia ₽ 156.31 /hr 
Armenia vs Mexico MX$ 9,583.52 /mo 
Armenia vs Indonesia Rp 33,058 /hr 
Armenia vs Netherlands € 14.71 /hr 
Armenia vs Saudi Arabia ﷼ 23.08 /hr 
Armenia vs Turkey ₺ 164.94 /hr 
Armenia vs Taiwan NT$ 190 /hr 
Armenia vs Switzerland 
Armenia vs Poland zł 31.4 /hr 
Armenia vs Thailand ฿ 10,400 /mo 
Armenia vs Sweden 
Armenia vs Argentina ARS 1,762 /hr 
Armenia vs Singapore Frequently Asked Questions
Is the minimum wage higher in Armenia or Cuba?
In Armenia, the minimum wage is ֏431/hr ($1.14 USD). In Cuba, it is $MN12.12/hr ($0.03 USD). Armenia has the higher rate by 3764% in USD terms. That nominal gap does not account for local prices; see the purchasing power comparison below for a cost-of-living-adjusted view. Workers in Cuba may retain a larger share of their earnings if prices there are lower.
How much more does the average worker earn in Armenia compared to Cuba?
The average gross salary in Armenia is ֏303,000/mo ($802.97 USD), compared to $MN6,649/mo ($16.22 USD) in Cuba. In USD terms, workers in Armenia earn approximately 4851% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Armenia and Cuba is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Armenia earn more in nominal terms, though how far that income stretches depends on local prices in Cuba.
How do work hours compare between Armenia and Cuba?
Cuba has a longer standard work week at 44 hours, compared to 40 hours in Armenia. Workers in Armenia work 40 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Armenia working fewer hours may have comparable or better effective hourly earnings depending on the wage levels of each country. Total annual compensation depends on both the wage rate and the number of hours required.