Cuba Cyprus

Updated 2026-05-04

Cuba

Minimum Wage

$MN12.12 /hr

$0.03 USD

Avg. Gross Salary

$MN6,649 /mo

Cyprus

Minimum Wage

€6.28 /hr

$7.31 USD

Avg. Gross Salary

€2,200 /mo

Min wage: -100% Cuba vs Cyprus Avg. salary: -99% Cuba vs Cyprus

The minimum wage in Cuba is roughly 247 times lower than in Cyprus in USD terms, reflecting the gap between a upper-middle-income and a high-income economy. Average gross salaries diverge further: $16/mo in Cuba versus $2,562/mo in Cyprus, a 158.0:1 ratio. Cuba has the tighter labor market, with unemployment at 1.8% compared to 4.9%.

Cuba's unemployment rate is 1.8% compared to Cyprus' 4.9%.

Detailed Comparison

Detailed wage comparison between Cuba and Cyprus
Metric	Cuba	Cyprus	Diff
Minimum wage /hr	$MN12.12 $0.03	€6.28 $7.31	-99.6%
Minimum wage /mo	$MN2,100 $5.12	€1,088 $1,267.03	-99.6%
Minimum wage /yr	$MN25,200 $61.46	€13,056 $15,204.38	-99.6%
Avg. gross salary /mo	$MN6,649 /mo $16.22	€2,200 /mo $2,562.01	-99.4%
Avg. net salary /mo	$MN6,300 /mo $15.37	€1,850 /mo $2,154.42	-99.3%
Median individual income /yr	$MN48,000 /yr $117.07	€17,000 /yr $19,797.37	-99.4%

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.
Cyprus: 40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Standard workweek is typically 38-40 hours depending on sector (most common is 40 hours in 5 days). Maximum 48 hours/week averaged over 4 months. Overtime premium depends on collective agreements, typically 50%.

• WAGE TRAJECTORY (USD/hr)

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

Year	Cuba (USD)	Cyprus (USD)
2005	$0.55/hr	—
2019	$0.98/hr	—
2020	$0.98/hr	—
2021	$5.12/hr	—
2023	—	$1048/hr
2024	—	$1095/hr
2025	—	$1165/hr
2026	—	$1267/hr

What This Means for Workers

A minimum wage worker in Cuba earns 24640% less per hour in USD terms than one in Cyprus. Standard work weeks differ: Cuba mandates 44 hours while Cyprus mandates 40 hours. A minimum wage worker's weekly earnings in Cuba are $1 vs $293 in Cyprus.

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

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Frequently Asked Questions

Is the minimum wage higher in Cuba or Cyprus?

In Cuba, the minimum wage is $MN12.12/hr ($0.03 USD). In Cyprus, it is €6.28/hr ($7.31 USD). Cyprus has the higher rate by 24640% 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 Cyprus?

The average gross salary in Cuba is $MN6,649/mo ($16.22 USD), compared to €2,200/mo ($2,562.01 USD) in Cyprus. In USD terms, workers in Cuba earn approximately 15698% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Cuba and Cyprus is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Cyprus 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 Cyprus?

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