Cuba Armenia

Updated 2026-02-25

Cuba

Minimum Wage

$MN12.12 /hr

$0.03 USD

Avg. Gross Salary

$MN6,649 /mo

Armenia

Minimum Wage

֏431 /hr

$1.14 USD

Avg. Gross Salary

֏303,000 /mo

Min wage: -97% Cuba vs Armenia Avg. salary: -98% Cuba vs Armenia

The minimum wage in Cuba is roughly 39 times lower than in Armenia in USD terms, reflecting the gap between a upper-middle-income and a upper-middle-income economy. Average gross salaries diverge further: $16/mo in Cuba versus $803/mo in Armenia, a 49.5:1 ratio. Cuba has the tighter labor market, with unemployment at 1.8% compared to 12.9%.

Cuba's unemployment rate is 1.8% compared to Armenia's 12.9%.

Detailed Comparison

Detailed wage comparison between Cuba and Armenia
Metric	Cuba	Armenia	Diff
Minimum wage /hr	$MN12.12 $0.03	֏431 $1.14	-97.4%
Minimum wage /mo	$MN2,100 $5.12	֏75,000 $198.75	-97.4%
Minimum wage /yr	$MN25,200 $61.46	֏900,000 $2,385.05	-97.4%
Avg. gross salary /mo	$MN6,649 /mo $16.22	֏303,000 /mo $802.97	-98.0%
Avg. net salary /mo	$MN6,300 /mo $15.37	֏242,000 /mo $641.31	-97.6%
Median individual income /yr	$MN48,000 /yr $117.07	֏1,800,000 /yr $4,770.11	-97.5%

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

Work Week

Cuba: 44 hrs/wk standard

Max 44 hrs/wk

Overtime : 1.25x pay

Labour Code sets standard working hours at 8 hours/day and 44 hours/week. Overtime is paid at 125% of normal rate. Some sectors work 40 hours/week.
Armenia: 40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Labour Code sets standard workweek at 40 hours. Maximum daily working time is 8 hours. Overtime premium at least 50% above regular rate. Night work (22:00-06:00) premium at least 30%. Maximum 4 hours overtime per day, 180 hours per year.

• WAGE TRAJECTORY (USD/hr)

Cuba Armenia Source: wage.is · USD equivalent/hr

Year	Cuba (USD)	Armenia (USD)
2005	$0.55/hr	—
2019	$0.98/hr	$146/hr
2020	$0.98/hr	$180/hr
2021	$5.12/hr	—
2022	—	$180/hr
2023	—	$199/hr
2025	—	$199/hr

What This Means for Workers

A minimum wage worker in Cuba earns 3764% less per hour in USD terms than one in Armenia. Standard work weeks differ: Cuba mandates 44 hours while Armenia mandates 40 hours. A minimum wage worker's weekly earnings in Cuba are $1 vs $46 in Armenia.

See this comparison from Armenia's perspective: Armenia vs Cuba

Compare Cuba with...

Frequently Asked Questions

Is the minimum wage higher in Cuba or Armenia?

In Cuba, the minimum wage is $MN12.12/hr ($0.03 USD). In Armenia, it is ֏431/hr ($1.14 USD). Armenia has the higher rate by 3764% 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 Cuba may retain a larger share of their earnings if prices there are lower.

How much less does the average worker earn in Cuba compared to Armenia?

The average gross salary in Cuba is $MN6,649/mo ($16.22 USD), compared to ֏303,000/mo ($802.97 USD) in Armenia. In USD terms, workers in Cuba earn approximately 4851% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Cuba and Armenia is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Armenia earn more in nominal terms, though how far that income stretches depends on local prices in Cuba.

How do work hours compare between Cuba and Armenia?

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