Key Facts: Barbados vs Taiwan Wages
- Barbados Minimum Wage
- Bds$10.71/hr ($5.36 USD)
- Taiwan Minimum Wage
- NT$190/hr ($6.11 USD)
- Barbados Avg. Gross Monthly Salary
- Bds$3,900 /mo ($1,950 USD)
- Taiwan Avg. Gross Monthly Salary
- NT$58,000 /mo ($1,864.95 USD)
- Data Sources
- Ministry of Labour, Social Security and Third Sector — Barbados (2026-02-25), Ministry of Labor (MOL), Republic of China (Taiwan) (2026-02-24)
Barbados 
Taiwan
Updated 2026-02-25
Both high-income economies, Barbados and Taiwan set comparable minimum wage floors in USD terms. Average salaries are higher in Barbados at $1,950/mo compared to $1,865/mo in Taiwan.
Detailed Comparison
| Metric | Barbados | Taiwan |
|---|---|---|
| Minimum wage /hr | Bds$10.71 $5.36 | NT$190 $6.11 |
| Minimum wage /mo | Bds$1,855.07 $927.54 | NT$28,590 $919.29 |
| Minimum wage /yr | Bds$22,260.80 $11,130.40 | NT$343,080 $11,031.51 |
| Avg. gross salary /mo | Bds$3,900 /mo $1,950 | NT$58,000 /mo $1,864.95 |
| Avg. net salary /mo | Bds$3,120 /mo $1,560 | NT$50,500 /mo $1,623.79 |
| Median individual income /yr | Bds$28,000 /yr $14,000 | NT$546,000 /yr $17,556.27 |
Percentage differences are based on USD equivalent values. Positive means Barbados is higher.
Work Week
- Barbados
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours (8 hours/day, 5 days/week). The Shops Act allows up to 48 hours in some retail sectors. Overtime is paid at 1.5x the regular rate. Work on Sundays and public holidays typically paid at 2x the regular rate.
- Taiwan
-
40 hrs/wk standard
Max 40 hrs/wk
Overtime : 1.34x pay
Labour Standards Act sets 40 hours/week, 8 hours/day. Two mandatory rest days per week (one fixed, one flexible). Overtime: first 2 hrs at 1.34x, next 2 hrs at 1.67x. Monthly overtime cap of 46 hours (may be extended to 54 hours with union/labour-management agreement, max 138 hrs/3 months).
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker in Barbados earns 14% less per hour in USD terms than one in Taiwan.
See this comparison from Taiwan's perspective: Taiwan vs Barbados
Compare Barbados with...
Barbados vs United States $ 7.25 /hr 
Barbados vs China ¥ 25 /hr 
Barbados vs Germany € 13.9 /hr 
Barbados vs United Kingdom £ 12.71 /hr 
Barbados vs India ₹ 4,576 /mo 
Barbados vs Japan ¥ 1,121 /hr 
Barbados vs France € 12.02 /hr 
Barbados vs South Korea ₩ 10,320 /hr 
Barbados vs Canada C$ 18.1 /hr 
Barbados vs Australia A$ 24.95 /hr 
Barbados vs Brazil R$ 7.37 /hr 
Barbados vs Russia ₽ 156.31 /hr 
Barbados vs Mexico MX$ 9,583.52 /mo 
Barbados vs Indonesia Rp 33,058 /hr 
Barbados vs Netherlands € 14.71 /hr 
Barbados vs Saudi Arabia ﷼ 23.08 /hr 
Barbados vs Turkey ₺ 164.94 /hr 
Barbados vs Switzerland 
Barbados vs Poland zł 31.4 /hr 
Barbados vs Thailand ฿ 10,400 /mo 
Barbados vs Sweden 
Barbados vs Argentina ARS 1,762 /hr 
Barbados vs Singapore 
Barbados vs Norway Frequently Asked Questions
Is the minimum wage higher in Barbados or Taiwan?
In Barbados, the minimum wage is Bds$10.71/hr ($5.36 USD). In Taiwan, it is NT$190/hr ($6.11 USD). Taiwan has the higher rate by 14% 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 Barbados may retain a larger share of their earnings if prices there are lower.
How much more does the average worker earn in Barbados compared to Taiwan?
The average gross salary in Barbados is Bds$3,900/mo ($1,950 USD), compared to NT$58,000/mo ($1,864.95 USD) in Taiwan. In USD terms, workers in Barbados earn approximately 5% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Barbados and Taiwan is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Barbados earn more in nominal terms, though how far that income stretches depends on local prices in Taiwan.
How do work hours compare between Barbados and Taiwan?
Both Barbados and Taiwan 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.