Key Facts: British Virgin Islands vs Spain Wages
- British Virgin Islands Minimum Wage
- $8.50/hr
- Spain Minimum Wage
- €7.96/hr ($9.27 USD)
- Spain Avg. Gross Monthly Salary
- €2,450 /mo ($2,853.15 USD)
- Data Sources
- BVI Government — New Minimum Wage Announcement (2026-05-04), Ministerio de Trabajo y Economía Social (2026-03-02)
British Virgin Islands 
Spain
Updated 2026-05-04
British Virgin Islands Minimum Wage
$8.50 /hr
Both high-income economies, British Virgin Islands and Spain set comparable minimum wage floors in USD terms.
Detailed Comparison
| Metric | British Virgin Islands | Spain |
|---|---|---|
| Minimum wage /hr | $8.50 | €7.96 $9.27 |
| Minimum wage /mo | $1,473.33 | €1,221 $1,421.92 |
| Minimum wage /yr | $17,680 | €17,094 $19,906.84 |
| Avg. gross salary /mo | N/A/mo | €2,450 /mo $2,853.15 |
| Avg. net salary /mo | N/A/mo | €1,900 /mo $2,212.65 |
| Median individual income /yr | N/A/yr | €22,000 /yr $25,620.12 |
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.
- Spain
-
40 hrs/wk standard
Max 48 hrs/wk
Standard workweek is 40 hours (Workers' Statute, Article 34). Maximum 80 hours of overtime per year. Overtime compensation is set by collective agreement or individual contract, with a minimum of regular hourly rate or equivalent time off. EU Working Time Directive caps average weekly hours at 48.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker in British Virgin Islands earns 9% less per hour in USD terms than one in Spain.
See this comparison from Spain's perspective: Spain vs British Virgin Islands
Compare British Virgin Islands with...
British Virgin Islands vs United States $ 7.25 /hr 
British Virgin Islands vs China ¥ 25 /hr 
British Virgin Islands vs Germany € 13.9 /hr 
British Virgin Islands vs United Kingdom £ 12.71 /hr 
British Virgin Islands vs India ₹ 4,576 /mo 
British Virgin Islands vs Japan ¥ 1,121 /hr 
British Virgin Islands vs France € 12.02 /hr 
British Virgin Islands vs South Korea ₩ 10,320 /hr 
British Virgin Islands vs Canada C$ 18.1 /hr 
British Virgin Islands vs Australia A$ 24.95 /hr 
British Virgin Islands vs Brazil R$ 7.37 /hr 
British Virgin Islands vs Russia ₽ 156.31 /hr 
British Virgin Islands vs Mexico MX$ 9,583.52 /mo 
British Virgin Islands vs Netherlands € 14.71 /hr 
British Virgin Islands vs Saudi Arabia ﷼ 23.08 /hr 
British Virgin Islands vs Turkey ₺ 164.94 /hr 
British Virgin Islands vs Switzerland 
British Virgin Islands vs Poland zł 31.4 /hr 
British Virgin Islands vs Sweden 
British Virgin Islands vs Singapore 
British Virgin Islands vs Norway 
British Virgin Islands vs Austria 
British Virgin Islands vs Denmark 
British Virgin Islands vs Israel ₪ 35.4 /hr Frequently Asked Questions
Is the minimum wage higher in British Virgin Islands or Spain?
In British Virgin Islands, the minimum wage is $8.50/hr. In Spain, it is €7.96/hr ($9.27 USD). Spain has the higher rate by 9% 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 Spain?
Both British Virgin Islands and Spain 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.