Cuba Serbia

Updated 2026-02-25

Cuba

Minimum Wage

$MN12.12 /hr

$0.03 USD

Avg. Gross Salary

$MN6,649 /mo

Serbia

Minimum Wage

RSD271 /hr

$2.52 USD

Avg. Gross Salary

RSD110,000 /mo

Min wage: -99% Cuba vs Serbia Avg. salary: -98% Cuba vs Serbia

The minimum wage in Cuba is roughly 85 times lower than in Serbia 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 $1,023/mo in Serbia, a 63.1:1 ratio. Cuba has the tighter labor market, with unemployment at 1.8% compared to 7.1%.

Cuba's unemployment rate is 1.8% compared to Serbia's 7.1%.

Detailed Comparison

Detailed wage comparison between Cuba and Serbia
Metric	Cuba	Serbia	Diff
Minimum wage /hr	$MN12.12 $0.03	RSD271 $2.52	-98.8%
Minimum wage /day	—	RSD2,168 $20.17	—
Minimum wage /mo	$MN2,100 $5.12	RSD47,000 $437.21	-98.8%
Minimum wage /yr	$MN25,200 $61.46	RSD564,000 $5,246.51	-98.8%
Avg. gross salary /mo	$MN6,649 /mo $16.22	RSD110,000 /mo $1,023.26	-98.4%
Avg. net salary /mo	$MN6,300 /mo $15.37	RSD80,000 /mo $744.19	-97.9%
Median individual income /yr	$MN48,000 /yr $117.07	RSD600,000 /yr $5,581.40	-97.9%

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.
Serbia: 40 hrs/wk standard

Max 40 hrs/wk

Overtime : 1.26x pay

Labour Law sets full-time working hours at 40/week. Overtime: minimum 26% surcharge. Night work (22:00-06:00): minimum 26% surcharge. Holiday work: minimum 110% surcharge. Maximum overtime is 8 hours/week. Reduced working hours (36 or fewer) for hazardous occupations.

• WAGE TRAJECTORY (USD/hr)

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

Year	Cuba (USD)	Serbia (USD)
2005	$0.55/hr	—
2019	$0.98/hr	$251/hr
2020	$0.98/hr	$279/hr
2021	$5.12/hr	$288/hr
2022	—	$326/hr
2023	—	$391/hr
2024	—	$437/hr

What This Means for Workers

A minimum wage worker in Cuba earns 8428% less per hour in USD terms than one in Serbia. Standard work weeks differ: Cuba mandates 44 hours while Serbia mandates 40 hours. A minimum wage worker's weekly earnings in Cuba are $1 vs $101 in Serbia.

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

Compare Cuba with...

Frequently Asked Questions

Is the minimum wage higher in Cuba or Serbia?

In Cuba, the minimum wage is $MN12.12/hr ($0.03 USD). In Serbia, it is RSD271/hr ($2.52 USD). Serbia has the higher rate by 8428% 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 Serbia?

The average gross salary in Cuba is $MN6,649/mo ($16.22 USD), compared to RSD110,000/mo ($1,023.26 USD) in Serbia. In USD terms, workers in Cuba earn approximately 6210% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Cuba and Serbia is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Serbia 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 Serbia?

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