Key Facts: Bahamas vs Turkmenistan Wages
- Bahamas Minimum Wage
- B$6.50/hr ($6.50 USD)
- Turkmenistan Minimum Wage
- T1,160/mo ($331.43 USD)
- Bahamas Avg. Gross Monthly Salary
- B$3,500 /mo ($3,500 USD)
- Turkmenistan Avg. Gross Monthly Salary
- T2,500 /mo ($714.29 USD)
- Data Sources
- Government of The Bahamas / Ministry of Labour (2026-02-25), ILO ILOSTAT / World Bank / Turkmenistan government sources (2026-05-04)
Bahamas
Turkmenistan
Updated 2026-05-04
The minimum wage in the Bahamas is roughly 51 times lower than in Turkmenistan in USD terms, reflecting the gap between a high-income and a upper-middle-income economy. Average gross salaries diverge further: $3,500/mo in the Bahamas versus $714/mo in Turkmenistan, a 4.9:1 ratio. GDP per capita (PPP) in Bahamas is 1.9x that of Turkmenistan, underscoring the structural economic divide.
The Bahamas has higher GDP per capita ($41,198 vs $21,213). The Bahamas' unemployment rate is 9.2% compared to Turkmenistan's 4.3%.
Detailed Comparison
| Metric | Bahamas | Turkmenistan |
|---|---|---|
| Minimum wage /hr | B$6.50 $6.50 | — |
| Minimum wage /mo | B$1,126.67 $1,126.67 | T1,160 $331.43 |
| Minimum wage /yr | B$13,520 $13,520 | — |
| Avg. gross salary /mo | B$3,500 /mo $3,500 | T2,500 /mo $714.29 |
| Avg. net salary /mo | B$3,150 /mo $3,150 | N/A/mo |
| Median individual income /yr | B$24,000 /yr $24,000 | T30,000 /yr $8,571.43 |
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.
- Turkmenistan
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Labour Code sets 40 hours/week (8 hours/day, 5 days). Saturday and Sunday are rest days. State-sector employees work standard government hours. The gas industry may have different shift arrangements.
What This Means for Workers
A minimum wage worker in the Bahamas earns 4999% less per hour in USD terms than one in Turkmenistan.
See this comparison from Turkmenistan's perspective: Turkmenistan vs Bahamas
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Frequently Asked Questions
Is the minimum wage higher in Bahamas or Turkmenistan?
In the Bahamas, the minimum wage is B$6.50/hr ($6.50 USD). In Turkmenistan, it is T1,160/mo ($331.43 USD). Turkmenistan has the higher rate by 4999% 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 Turkmenistan?
The average gross salary in the Bahamas is B$3,500/mo ($3,500 USD), compared to T2,500/mo ($714.29 USD) in Turkmenistan. In USD terms, workers in the Bahamas earn approximately 390% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Bahamas and Turkmenistan 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 Turkmenistan.
How do work hours compare between Bahamas and Turkmenistan?
Both Bahamas and Turkmenistan mandate a similar standard work week of 40 hours. When work hours are equal, the country with the higher minimum wage delivers proportionally higher weekly earnings. Standard work week rules set the baseline; actual hours worked often differ based on industry norms and individual employment contracts.
What is the cost of living difference between Bahamas and Turkmenistan?
While direct cost of living data varies by source, GDP per capita (PPP) gives a useful proxy for overall economic level. Bahamas has the higher GDP per capita at $41,198, which is 1.9x that of Turkmenistan at $21,213. From the Bahamas' perspective, this means goods and services are priced at a higher economic level. A higher GDP per capita generally correlates with higher wages, higher consumer prices, and greater availability of goods and services. Workers moving between these two countries should expect significant differences in rent, food, and transportation costs.