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Key Facts: Bahamas vs Eritrea Wages

Bahamas Minimum Wage
B$6.50/hr ($6.50 USD)
Eritrea Minimum Wage
Nfk600/mo ($40 USD)
Bahamas Avg. Gross Monthly Salary
B$3,500 /mo ($3,500 USD)
Eritrea Avg. Gross Monthly Salary
Nfk6,000 /mo ($400 USD)
Data Sources
Government of The Bahamas / Ministry of Labour (2026-02-25), ILO ILOSTAT / World Bank / OHCHR Eritrea reports (2026-02-25)

Bahamas flag Bahamas Eritrea flag Eritrea

Updated 2026-02-25

Bahamas flag Bahamas

Minimum Wage

B$6.50 /hr

$6.50 USD

Avg. Gross Salary

B$3,500 /mo

Eritrea flag Eritrea

Minimum Wage

Nfk600 /mo

$40 USD

Avg. Gross Salary

Nfk6,000 /mo

Min wage: -84% Bahamas vs Eritrea Avg. salary: +775% Bahamas vs Eritrea

The minimum wage in the Bahamas is roughly 6 times lower than in Eritrea in USD terms, reflecting the gap between a high-income and a low-income economy. Average gross salaries diverge further: $3,500/mo in the Bahamas versus $400/mo in Eritrea, a 8.8:1 ratio. Eritrea has the tighter labor market, with unemployment at 6.0% compared to 9.2%.

The Bahamas' unemployment rate is 9.2% compared to Eritrea's 6.0%.

Detailed Comparison

Detailed wage comparison between Bahamas and Eritrea
Metric Bahamas Eritrea
Minimum wage /hr B$6.50 $6.50
Minimum wage /mo B$1,126.67 $1,126.67 Nfk600 $40
Minimum wage /yr B$13,520 $13,520
Avg. gross salary /mo B$3,500 /mo $3,500 Nfk6,000 /mo $400
Avg. net salary /mo B$3,150 /mo $3,150 Nfk5,400 /mo $360
Median individual income /yr B$24,000 /yr $24,000 N/A/yr

Percentage differences are based on USD equivalent values. Positive means Bahamas is higher.

Work Week

Bahamas

40 hrs/wk standard

Max 40 hrs/wk

Overtime : 1.5x pay

Standard workweek is 40 hours (8 hours/day). Overtime is paid at 1.5x the regular rate for hours beyond 40 per week or 8 per day. Work on public holidays or rest days is paid at 2x the regular rate. Governed by the Employment Act, 2001.

Eritrea

44 hrs/wk standard

Labour Law sets 44 hours/week for civilian workers (8 hours/day, 5.5 days). However, the national service program operates under military regulations outside normal labour law. No reliable enforcement or monitoring data is available.

What This Means for Workers

A minimum wage worker in the Bahamas earns 515% less per hour in USD terms than one in Eritrea. Standard work weeks differ: the Bahamas mandates 40 hours while Eritrea mandates 44 hours. A minimum wage worker's weekly earnings in the Bahamas are $260 vs $1,760 in Eritrea.

See this comparison from Eritrea's perspective: Eritrea vs Bahamas

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Frequently Asked Questions

Is the minimum wage higher in Bahamas or Eritrea?

In the Bahamas, the minimum wage is B$6.50/hr ($6.50 USD). In Eritrea, it is Nfk600/mo ($40 USD). Eritrea has the higher rate by 515% 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 the Bahamas may retain a larger share of their earnings if prices there are lower.

How much more does the average worker earn in Bahamas compared to Eritrea?

The average gross salary in the Bahamas is B$3,500/mo ($3,500 USD), compared to Nfk6,000/mo ($400 USD) in Eritrea. In USD terms, workers in the Bahamas earn approximately 775% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Bahamas and Eritrea is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in the Bahamas earn more in nominal terms, though how far that income stretches depends on local prices in Eritrea.

How do work hours compare between Bahamas and Eritrea?

Eritrea has a longer standard work week at 44 hours, compared to 40 hours in the Bahamas. Workers in the Bahamas work 40 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in the Bahamas 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.