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Key Facts: Equatorial Guinea vs Mali Wages

Equatorial Guinea Minimum Wage
FCFA129,035/mo ($231.66 USD)
Mali Minimum Wage
CFA192.30/hr ($0.35 USD)
Equatorial Guinea Avg. Gross Monthly Salary
FCFA350,000 /mo ($628.37 USD)
Mali Avg. Gross Monthly Salary
CFA120,000 /mo ($215.44 USD)
Data Sources
ILO ILOSTAT / World Bank / Ministerio de Trabajo de Guinea Ecuatorial (2026-02-25), Mali Ministry of Labour and Civil Service / ILO (2026-02-25)

Equatorial Guinea flag Equatorial Guinea Mali flag Mali

Updated 2026-02-25

Equatorial Guinea flag Equatorial Guinea

Minimum Wage

FCFA129,035 /mo

$231.66 USD

Avg. Gross Salary

FCFA350,000 /mo

Mali flag Mali

Minimum Wage

CFA192.30 /hr

$0.35 USD

Avg. Gross Salary

CFA120,000 /mo

Min wage: +67001% Equatorial Guinea vs Mali Avg. salary: +192% Equatorial Guinea vs Mali

The minimum wage in Equatorial Guinea is roughly 671 times higher than in Mali in USD terms, reflecting the gap between a upper-middle-income and a low-income economy. Average gross salaries diverge further: $628/mo in Equatorial Guinea versus $215/mo in Mali, a 2.9:1 ratio. GDP per capita (PPP) in Equatorial Guinea is 5.3x that of Mali, underscoring the structural economic divide.

Equatorial Guinea has higher GDP per capita ($17,567 vs $3,315). Equatorial Guinea's unemployment rate is 8.3% compared to Mali's 2.8%.

Detailed Comparison

Detailed wage comparison between Equatorial Guinea and Mali
Metric Equatorial Guinea Mali
Minimum wage /hr CFA192.30 $0.35
Minimum wage /day FCFA5,161 $9.27 CFA1,538 $2.76
Minimum wage /mo FCFA129,035 $231.66 CFA40,000 $71.81
Minimum wage /yr CFA480,000 $861.76
Avg. gross salary /mo FCFA350,000 /mo $628.37 CFA120,000 /mo $215.44
Median individual income /yr N/A/yr CFA360,000 /yr $646.32

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.

Mali

40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.15x pay

Labour Code (Law No. 92-020 of 23 September 1992, amended) sets standard hours at 40 per week (8 hrs/day, 5 days). Maximum including overtime is 48 hours/week. Overtime rates: 115% for day hours; 130% for hours between 21:00 and 05:00 on weekdays; 150% for Sunday daytime; 200% for night hours on Sundays/holidays. Workers are entitled to 2.5 days of paid leave per month worked (30 days/year). Friday prayers (Jumu'ah) are accommodated — Mali is ~90% Muslim.

What This Means for Workers

A minimum wage worker moving from Mali to Equatorial Guinea would see a 67001% increase in USD-equivalent hourly earnings.

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

Compare Equatorial Guinea with...

Frequently Asked Questions

Is the minimum wage higher in Equatorial Guinea or Mali?

In Equatorial Guinea, the minimum wage is FCFA129,035/mo ($231.66 USD). In Mali, it is CFA192.30/hr ($0.35 USD). Equatorial Guinea has the higher rate by 67001% 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 Mali 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 Mali?

The average gross salary in Equatorial Guinea is FCFA350,000/mo ($628.37 USD), compared to CFA120,000/mo ($215.44 USD) in Mali. In USD terms, workers in Equatorial Guinea earn approximately 192% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Equatorial Guinea and Mali 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 Mali.

How do work hours compare between Equatorial Guinea and Mali?

Both Equatorial Guinea and Mali 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 Mali?

While direct cost of living data varies by source, GDP per capita (PPP) gives a useful proxy for overall economic level. Equatorial Guinea has the higher GDP per capita at $17,567, which is 5.3x that of Mali at $3,315. From Equatorial Guinea's perspective, this means goods and services are priced at a higher 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.