Key Facts: British Virgin Islands vs Mexico Wages
- British Virgin Islands Minimum Wage
- $8.50/hr
- Mexico Minimum Wage
- MX$9,583.52/mo ($553.10 USD)
- Mexico Avg. Gross Monthly Salary
- MX$16,500 /mo ($952.27 USD)
- Data Sources
- BVI Government — New Minimum Wage Announcement (2026-05-04), CONASAMI (Comision Nacional de los Salarios Minimos) (2026-03-02)
British Virgin Islands
Mexico
Updated 2026-05-04
Minimum Wage
$8.50 /hr
The minimum wage in British Virgin Islands is roughly 65 times lower than in Mexico in USD terms, reflecting the gap between a high-income and a upper-middle-income economy.
Detailed Comparison
| Metric | British Virgin Islands | Mexico |
|---|---|---|
| Minimum wage /hr | $8.50 | — |
| Minimum wage /day | — | MX$315.04 $18.18 |
| Minimum wage /mo | $1,473.33 | MX$9,583.52 $553.10 |
| Minimum wage /yr | $17,680 | MX$114,989.60 $6,636.44 |
| Avg. gross salary /mo | N/A/mo | MX$16,500 /mo $952.27 |
| Avg. net salary /mo | N/A/mo | MX$14,200 /mo $819.53 |
| Median individual income /yr | N/A/yr | MX$96,000 /yr $5,540.49 |
Percentage differences are based on USD equivalent values. Positive means British Virgin Islands is higher.
Work Week
- British Virgin Islands
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours under the Labour Code.
- Mexico
-
48 hrs/wk standard
Max 48 hrs/wk
Overtime : 2x pay
Standard workweek is 48 hours (daytime). Night shift maximum is 42 hours, mixed shift 45 hours. First 9 hours of overtime per week at 200% rate; beyond that at 300%. A 2023 reform discussion to reduce to 40 hours is pending.
What This Means for Workers
A minimum wage worker in British Virgin Islands earns 6407% less per hour in USD terms than one in Mexico. Standard work weeks differ: British Virgin Islands mandates 40 hours while Mexico mandates 48 hours. A minimum wage worker's weekly earnings in British Virgin Islands are $340 vs $26,549 in Mexico.
See this comparison from Mexico's perspective: Mexico vs British Virgin Islands
Compare British Virgin Islands with...
Frequently Asked Questions
Is the minimum wage higher in British Virgin Islands or Mexico?
In British Virgin Islands, the minimum wage is $8.50/hr. In Mexico, it is MX$9,583.52/mo ($553.10 USD). Mexico has the higher rate by 6407% 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 British Virgin Islands may retain a larger share of their earnings if prices there are lower.
How do work hours compare between British Virgin Islands and Mexico?
Mexico has a longer standard work week at 48 hours, compared to 40 hours in British Virgin Islands. Workers in British Virgin Islands work 40 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in British Virgin Islands 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.