Cuba Mongolia

Updated 2026-02-25

Cuba

Minimum Wage

$MN12.12 /hr

$0.03 USD

Avg. Gross Salary

$MN6,649 /mo

Mongolia

Minimum Wage

₮4,714 /hr

$1.31 USD

Avg. Gross Salary

₮2,000,000 /mo

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

The minimum wage in Cuba is roughly 44 times lower than in Mongolia in USD terms, reflecting the gap between a upper-middle-income and a lower-middle-income economy. Average gross salaries diverge further: $16/mo in Cuba versus $556/mo in Mongolia, a 34.3:1 ratio. Cuba has the tighter labor market, with unemployment at 1.8% compared to 5.2%.

Cuba's unemployment rate is 1.8% compared to Mongolia's 5.2%.

Detailed Comparison

Detailed wage comparison between Cuba and Mongolia
Metric	Cuba	Mongolia	Diff
Minimum wage /hr	$MN12.12 $0.03	₮4,714 $1.31	-97.7%
Minimum wage /mo	$MN2,100 $5.12	₮792,000 $220.06	-97.7%
Minimum wage /yr	$MN25,200 $61.46	₮9,504,000 $2,640.73	-97.7%
Avg. gross salary /mo	$MN6,649 /mo $16.22	₮2,000,000 /mo $555.71	-97.1%
Avg. net salary /mo	$MN6,300 /mo $15.37	₮1,700,000 /mo $472.35	-96.7%
Median individual income /yr	$MN48,000 /yr $117.07	₮12,000,000 /yr $3,334.26	-96.5%

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.
Mongolia: 40 hrs/wk standard

Max 56 hrs/wk

Overtime : 1.5x pay

Standard workweek is 40 hours (8 hours/day). The Labour Law sets a maximum of 56 hours/week including overtime. Maximum daily overtime is 4 hours. Overtime is paid at 1.5x the regular rate. Work on public holidays is compensated at 2x the regular rate. The government sector typically works 40 hours/week (Monday-Friday).

• WAGE TRAJECTORY (USD/hr)

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

Year	Cuba (USD)	Mongolia (USD)
2005	$0.55/hr	—
2019	$0.98/hr	$89/hr
2020	$0.98/hr	$117/hr
2021	$5.12/hr	—
2023	—	$153/hr
2024	—	$183/hr
2025	—	$220/hr

What This Means for Workers

A minimum wage worker in Cuba earns 4331% less per hour in USD terms than one in Mongolia. Standard work weeks differ: Cuba mandates 44 hours while Mongolia mandates 40 hours. A minimum wage worker's weekly earnings in Cuba are $1 vs $52 in Mongolia.

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

Compare Cuba with...

Frequently Asked Questions

Is the minimum wage higher in Cuba or Mongolia?

In Cuba, the minimum wage is $MN12.12/hr ($0.03 USD). In Mongolia, it is ₮4,714/hr ($1.31 USD). Mongolia has the higher rate by 4331% 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 Mongolia?

The average gross salary in Cuba is $MN6,649/mo ($16.22 USD), compared to ₮2,000,000/mo ($555.71 USD) in Mongolia. In USD terms, workers in Cuba earn approximately 3327% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Cuba and Mongolia is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Mongolia 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 Mongolia?

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