Key Facts: Equatorial Guinea vs Turkey Wages
- Equatorial Guinea Minimum Wage
- FCFA129,035/mo ($231.66 USD)
- Turkey Minimum Wage
- ₺164.94/hr ($3.59 USD)
- Equatorial Guinea Avg. Gross Monthly Salary
- FCFA350,000 /mo ($628.37 USD)
- Turkey Avg. Gross Monthly Salary
- ₺25,482 /mo ($555.24 USD)
- Data Sources
- ILO ILOSTAT / World Bank / Ministerio de Trabajo de Guinea Ecuatorial (2026-02-25), Ministry of Labour and Social Security (Çalışma ve Sosyal Güvenlik Bakanlığı); 2026 figure announced by Minister Vedat Işıkhan, verified via Daily Sabah (dailysabah.com) (2026-05-04)
Equatorial Guinea
Turkey
Updated 2026-05-04
The minimum wage in Equatorial Guinea is roughly 64 times higher than in Turkey in USD terms, reflecting the gap between a upper-middle-income and a upper-middle-income economy. Average salaries are higher in Equatorial Guinea at $628/mo compared to $555/mo in Turkey. GDP per capita (PPP) in Turkey is 2.6x that of Equatorial Guinea, underscoring the structural economic divide.
Equatorial Guinea has lower GDP per capita ($17,567 vs $45,639). Equatorial Guinea's unemployment rate is 8.3% compared to Turkey's 8.5%.
Detailed Comparison
| Metric | Equatorial Guinea | Turkey |
|---|---|---|
| Minimum wage /hr | — | ₺164.94 $3.59 |
| Minimum wage /day | FCFA5,161 $9.27 | — |
| Minimum wage /mo | FCFA129,035 $231.66 | ₺33,030 $719.70 |
| Minimum wage /yr | — | ₺396,360 $8,636.42 |
| Avg. gross salary /mo | FCFA350,000 /mo $628.37 | ₺25,482 /mo $555.24 |
| Avg. net salary /mo | N/A/mo | ₺20,021 /mo $436.24 |
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.
- Turkey
-
45 hrs/wk standard
Max 45 hrs/wk
Overtime : 1.5x pay
Standard workweek is 45 hours under the Labour Act (No. 4857). Can be distributed unevenly across days of the week, but no more than 11 hours/day. Overtime is limited to 270 hours/year. Overtime premium is 50%; weekend/holiday work is at 100% premium if the worker does not get a substitute rest day.
What This Means for Workers
A minimum wage worker moving from Turkey to Equatorial Guinea would see a 6346% increase in USD-equivalent hourly earnings. Standard work weeks differ: Equatorial Guinea mandates 40 hours while Turkey mandates 45 hours. A minimum wage worker's weekly earnings in Equatorial Guinea are $9,266 vs $162 in Turkey.
See this comparison from Turkey's perspective: Turkey vs Equatorial Guinea
Compare Equatorial Guinea with...
Frequently Asked Questions
Is the minimum wage higher in Equatorial Guinea or Turkey?
In Equatorial Guinea, the minimum wage is FCFA129,035/mo ($231.66 USD). In Turkey, it is ₺164.94/hr ($3.59 USD). Equatorial Guinea has the higher rate by 6346% 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 Turkey 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 Turkey?
The average gross salary in Equatorial Guinea is FCFA350,000/mo ($628.37 USD), compared to ₺25,482/mo ($555.24 USD) in Turkey. In USD terms, workers in Equatorial Guinea earn approximately 13% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Equatorial Guinea and Turkey 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 Turkey.
How do work hours compare between Equatorial Guinea and Turkey?
Turkey has a longer standard work week at 45 hours, compared to 40 hours in Equatorial Guinea. Workers in Equatorial Guinea work 40 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Equatorial Guinea 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.
What is the cost of living difference between Equatorial Guinea and Turkey?
While direct cost of living data varies by source, GDP per capita (PPP) gives a useful proxy for overall economic level. Turkey has the higher GDP per capita at $45,639, which is 2.6x 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.