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
Mali
Updated 2026-02-25
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
| 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.