Key Facts: Cyprus vs Cuba Wages
- Cyprus Minimum Wage
- €6.28/hr ($7.31 USD)
- Cuba Minimum Wage
- $MN12.12/hr ($0.03 USD)
- Cyprus Avg. Gross Monthly Salary
- €2,200 /mo ($2,562.01 USD)
- Cuba Avg. Gross Monthly Salary
- $MN6,649 /mo ($16.22 USD)
- Data Sources
- Ministry of Labour and Social Insurance; 2026 figure verified via Wikipedia EU member states by minimum wage table (eff 2026-01-01) (2026-05-04), Ministerio de Trabajo y Seguridad Social (MTSS) — Cuba (2026-02-25)
Cyprus 
Cuba
Updated 2026-05-04
The minimum wage in Cyprus is roughly 247 times higher than in Cuba in USD terms, reflecting the gap between a high-income and a upper-middle-income economy. Average gross salaries diverge further: $2,562/mo in Cyprus versus $16/mo in Cuba, a 158.0:1 ratio. Cuba has the tighter labor market, with unemployment at 1.8% compared to 4.9%.
Cyprus' unemployment rate is 4.9% compared to Cuba's 1.8%.
Detailed Comparison
| Metric | Cyprus | Cuba |
|---|---|---|
| Minimum wage /hr | €6.28 $7.31 | $MN12.12 $0.03 |
| Minimum wage /mo | €1,088 $1,267.03 | $MN2,100 $5.12 |
| Minimum wage /yr | €13,056 $15,204.38 | $MN25,200 $61.46 |
| Avg. gross salary /mo | €2,200 /mo $2,562.01 | $MN6,649 /mo $16.22 |
| Avg. net salary /mo | €1,850 /mo $2,154.42 | $MN6,300 /mo $15.37 |
| Median individual income /yr | €17,000 /yr $19,797.37 | $MN48,000 /yr $117.07 |
Percentage differences are based on USD equivalent values. Positive means Cyprus is higher.
Work 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%.
- 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.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker moving from Cuba to Cyprus would see a 24640% increase in USD-equivalent hourly earnings. Standard work weeks differ: Cyprus mandates 40 hours while Cuba mandates 44 hours. A minimum wage worker's weekly earnings in Cyprus are $293 vs $1 in Cuba.
See this comparison from Cuba's perspective: Cuba vs Cyprus
Compare Cyprus with...
Cyprus vs United States $ 7.25 /hr 
Cyprus vs China ¥ 25 /hr 
Cyprus vs Germany € 13.9 /hr 
Cyprus vs United Kingdom £ 12.71 /hr 
Cyprus vs India ₹ 4,576 /mo 
Cyprus vs Japan ¥ 1,121 /hr 
Cyprus vs France € 12.02 /hr 
Cyprus vs South Korea ₩ 10,320 /hr 
Cyprus vs Canada C$ 18.1 /hr 
Cyprus vs Australia A$ 24.95 /hr 
Cyprus vs Brazil R$ 7.37 /hr 
Cyprus vs Russia ₽ 156.31 /hr 
Cyprus vs Mexico MX$ 9,583.52 /mo 
Cyprus vs Indonesia Rp 33,058 /hr 
Cyprus vs Netherlands € 14.71 /hr 
Cyprus vs Saudi Arabia ﷼ 23.08 /hr 
Cyprus vs Turkey ₺ 164.94 /hr 
Cyprus vs Taiwan NT$ 190 /hr 
Cyprus vs Switzerland 
Cyprus vs Poland zł 31.4 /hr 
Cyprus vs Thailand ฿ 10,400 /mo 
Cyprus vs Sweden 
Cyprus vs Argentina ARS 1,762 /hr 
Cyprus vs Singapore Frequently Asked Questions
Is the minimum wage higher in Cyprus or Cuba?
In Cyprus, the minimum wage is €6.28/hr ($7.31 USD). In Cuba, it is $MN12.12/hr ($0.03 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 more does the average worker earn in Cyprus compared to Cuba?
The average gross salary in Cyprus is €2,200/mo ($2,562.01 USD), compared to $MN6,649/mo ($16.22 USD) in Cuba. In USD terms, workers in Cyprus earn approximately 15698% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Cyprus and Cuba 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 Cyprus and Cuba?
Cuba has a longer standard work week at 44 hours, compared to 40 hours in Cyprus. Workers in Cyprus work 40 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.