Cuba Equatorial Guinea

Updated 2026-02-25

Cuba

Minimum Wage

$MN12.12 /hr

$0.03 USD

Avg. Gross Salary

$MN6,649 /mo

Equatorial Guinea

Minimum Wage

FCFA129,035 /mo

$231.66 USD

Avg. Gross Salary

FCFA350,000 /mo

Min wage: -100% Cuba vs Equatorial Guinea Avg. salary: -97% Cuba vs Equatorial Guinea

The minimum wage in Cuba is roughly 7837 times lower than in Equatorial Guinea 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 $628/mo in Equatorial Guinea, a 38.7:1 ratio. Cuba has the tighter labor market, with unemployment at 1.8% compared to 8.3%.

Cuba's unemployment rate is 1.8% compared to Equatorial Guinea's 8.3%.

Detailed Comparison

Detailed wage comparison between Cuba and Equatorial Guinea
Metric	Cuba	Equatorial Guinea	Diff
Minimum wage /hr	$MN12.12 $0.03	—	—
Minimum wage /day	—	FCFA5,161 $9.27	—
Minimum wage /mo	$MN2,100 $5.12	FCFA129,035 $231.66	-97.8%
Minimum wage /yr	$MN25,200 $61.46	—	—
Avg. gross salary /mo	$MN6,649 /mo $16.22	FCFA350,000 /mo $628.37	-97.4%
Avg. net salary /mo	$MN6,300 /mo $15.37	N/A/mo	—
Median individual income /yr	$MN48,000 /yr $117.07	N/A/yr	—

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.
Equatorial Guinea: 40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Labour Code (Spanish-heritage) sets 40 hours/week standard, 48 hours maximum including overtime. Oil sector may have different contractual arrangements. Spanish and French are official languages.

What This Means for Workers

A minimum wage worker in Cuba earns 783571% less per hour in USD terms than one in Equatorial Guinea. Standard work weeks differ: Cuba mandates 44 hours while Equatorial Guinea mandates 40 hours. A minimum wage worker's weekly earnings in Cuba are $1 vs $9,266 in Equatorial Guinea.

See this comparison from Equatorial Guinea's perspective: Equatorial Guinea vs Cuba

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Frequently Asked Questions

Is the minimum wage higher in Cuba or Equatorial Guinea?

In Cuba, the minimum wage is $MN12.12/hr ($0.03 USD). In Equatorial Guinea, it is FCFA129,035/mo ($231.66 USD). Equatorial Guinea has the higher rate by 783571% 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 Equatorial Guinea?

The average gross salary in Cuba is $MN6,649/mo ($16.22 USD), compared to FCFA350,000/mo ($628.37 USD) in Equatorial Guinea. In USD terms, workers in Cuba earn approximately 3775% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Cuba and Equatorial Guinea is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Equatorial Guinea 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 Equatorial Guinea?

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