Key Facts: Equatorial Guinea vs Algeria Wages
- Equatorial Guinea Minimum Wage
- FCFA129,035/mo ($231.66 USD)
- Algeria Minimum Wage
- DZD138.46/hr ($1.02 USD)
- Equatorial Guinea Avg. Gross Monthly Salary
- FCFA350,000 /mo ($628.37 USD)
- Algeria Avg. Gross Monthly Salary
- DZD55,000 /mo ($405.90 USD)
- Data Sources
- ILO ILOSTAT / World Bank / Ministerio de Trabajo de Guinea Ecuatorial (2026-02-25), Council of Ministers / Ministère du Travail, de l'Emploi et de la Sécurité Sociale — Algeria (2026-02-25)
Equatorial Guinea
Algeria
Updated 2026-02-25
The minimum wage in Equatorial Guinea is roughly 227 times higher than in Algeria in USD terms, reflecting the gap between a upper-middle-income and a lower-middle-income economy. Average salaries are higher in Equatorial Guinea at $628/mo compared to $406/mo in Algeria. Equatorial Guinea has the tighter labor market, with unemployment at 8.3% compared to 11.6%.
Equatorial Guinea has lower GDP per capita ($17,567 vs $17,621). Equatorial Guinea's unemployment rate is 8.3% compared to Algeria's 11.6%.
Detailed Comparison
| Metric | Equatorial Guinea | Algeria |
|---|---|---|
| Minimum wage /hr | — | DZD138.46 $1.02 |
| Minimum wage /day | FCFA5,161 $9.27 | — |
| Minimum wage /mo | FCFA129,035 $231.66 | DZD24,000 $177.12 |
| Minimum wage /yr | — | DZD288,000 $2,125.46 |
| Avg. gross salary /mo | FCFA350,000 /mo $628.37 | DZD55,000 /mo $405.90 |
| Avg. net salary /mo | N/A/mo | DZD43,000 /mo $317.34 |
| Median individual income /yr | N/A/yr | DZD300,000 /yr $2,214.02 |
Percentage differences are based on USD equivalent values. Positive means Equatorial Guinea is higher.
Work 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.
- Algeria
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Labour Law (Law 90-11) sets standard working hours at 40 per week for most sectors and 44 hours for certain sectors. Weekly rest is Friday and Saturday. Overtime paid at 150% of normal rate for first 4 hours and 200% for subsequent hours.
What This Means for Workers
A minimum wage worker moving from Algeria to Equatorial Guinea would see a 22571% increase in USD-equivalent hourly earnings.
See this comparison from Algeria's perspective: Algeria vs Equatorial Guinea
Compare Equatorial Guinea with...
Frequently Asked Questions
Is the minimum wage higher in Equatorial Guinea or Algeria?
In Equatorial Guinea, the minimum wage is FCFA129,035/mo ($231.66 USD). In Algeria, it is DZD138.46/hr ($1.02 USD). Equatorial Guinea has the higher rate by 22571% 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 Algeria may retain a larger share of their earnings if prices there are lower.
How much more does the average worker earn in Equatorial Guinea compared to Algeria?
The average gross salary in Equatorial Guinea is FCFA350,000/mo ($628.37 USD), compared to DZD55,000/mo ($405.90 USD) in Algeria. In USD terms, workers in Equatorial Guinea earn approximately 55% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Equatorial Guinea and Algeria 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 Algeria.
How do work hours compare between Equatorial Guinea and Algeria?
Both Equatorial Guinea and Algeria mandate a similar standard work week of 40 hours. When work hours are equal, the country with the higher minimum wage delivers proportionally higher weekly earnings. Standard work week rules set the baseline; actual hours worked often differ based on industry norms and individual employment contracts.
What is the cost of living difference between Equatorial Guinea and Algeria?
While direct cost of living data varies by source, GDP per capita (PPP) gives a useful proxy for overall economic level. Algeria has the higher GDP per capita at $17,621, which is 1.0x that of Equatorial Guinea at $17,567. From Equatorial Guinea's perspective, this means goods and services are priced at a lower economic level. A higher GDP per capita generally correlates with higher wages, higher consumer prices, and greater availability of goods and services. Workers moving between these two countries should expect significant differences in rent, food, and transportation costs.