Key Facts: Eritrea vs Bahamas Wages
- Eritrea Minimum Wage
- Nfk600/mo ($40 USD)
- Bahamas Minimum Wage
- B$6.50/hr ($6.50 USD)
- Eritrea Avg. Gross Monthly Salary
- Nfk6,000 /mo ($400 USD)
- Bahamas Avg. Gross Monthly Salary
- B$3,500 /mo ($3,500 USD)
- Data Sources
- ILO ILOSTAT / World Bank / OHCHR Eritrea reports (2026-02-25), Government of The Bahamas / Ministry of Labour (2026-02-25)
Eritrea
Bahamas
Updated 2026-02-25
The minimum wage in Eritrea is roughly 6 times higher than in the Bahamas in USD terms, reflecting the gap between a low-income and a high-income economy. Average gross salaries diverge further: $400/mo in Eritrea versus $3,500/mo in the Bahamas, a 8.8:1 ratio. Eritrea has the tighter labor market, with unemployment at 6.0% compared to 9.2%.
Eritrea's unemployment rate is 6.0% compared to the Bahamas' 9.2%.
Detailed Comparison
| Metric | Eritrea | Bahamas |
|---|---|---|
| Minimum wage /hr | — | B$6.50 $6.50 |
| Minimum wage /mo | Nfk600 $40 | B$1,126.67 $1,126.67 |
| Minimum wage /yr | — | B$13,520 $13,520 |
| Avg. gross salary /mo | Nfk6,000 /mo $400 | B$3,500 /mo $3,500 |
| Avg. net salary /mo | Nfk5,400 /mo $360 | B$3,150 /mo $3,150 |
| Median individual income /yr | N/A/yr | B$24,000 /yr $24,000 |
Percentage differences are based on USD equivalent values. Positive means Eritrea is higher.
Work Week
- Eritrea
-
44 hrs/wk standard
Labour Law sets 44 hours/week for civilian workers (8 hours/day, 5.5 days). However, the national service program operates under military regulations outside normal labour law. No reliable enforcement or monitoring data is available.
- Bahamas
-
40 hrs/wk standard
Max 40 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours (8 hours/day). Overtime is paid at 1.5x the regular rate for hours beyond 40 per week or 8 per day. Work on public holidays or rest days is paid at 2x the regular rate. Governed by the Employment Act, 2001.
What This Means for Workers
A minimum wage worker moving from the Bahamas to Eritrea would see a 515% increase in USD-equivalent hourly earnings. Standard work weeks differ: Eritrea mandates 44 hours while the Bahamas mandates 40 hours. A minimum wage worker's weekly earnings in Eritrea are $1,760 vs $260 in the Bahamas.
See this comparison from Bahamas's perspective: Bahamas vs Eritrea
Compare Eritrea with...
Frequently Asked Questions
Is the minimum wage higher in Eritrea or Bahamas?
In Eritrea, the minimum wage is Nfk600/mo ($40 USD). In the Bahamas, it is B$6.50/hr ($6.50 USD). Eritrea has the higher rate by 515% 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 the Bahamas may retain a larger share of their earnings if prices there are lower.
How much less does the average worker earn in Eritrea compared to Bahamas?
The average gross salary in Eritrea is Nfk6,000/mo ($400 USD), compared to B$3,500/mo ($3,500 USD) in the Bahamas. In USD terms, workers in Eritrea earn approximately 775% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Eritrea and Bahamas is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in the Bahamas earn more in nominal terms, though how far that income stretches depends on local prices in Eritrea.
How do work hours compare between Eritrea and Bahamas?
Eritrea has a longer standard work week at 44 hours, compared to 40 hours in the Bahamas. Workers in Eritrea work 44 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in the Bahamas 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.