Key Facts: Faroe Islands vs Germany Wages
- Faroe Islands Minimum Wage
- No statutory minimum wage
- Germany Minimum Wage
- €13.90/hr ($16.19 USD)
- Faroe Islands Avg. Gross Monthly Salary
- kr34,278 /mo ($5,341.42 USD)
- Germany Avg. Gross Monthly Salary
- €4,784 /mo ($5,571.21 USD)
- Data Sources
- Statistics Faroe Islands (hagstova.fo) (2026-05-04), Bundesministerium für Arbeit und Soziales (BMAS), 2026 (2026-05-24)
Faroe Islands
Germany
Updated 2026-05-24
Faroe Islands has no statutory minimum wage, while Germany sets a floor of $16/hr. Average salaries are lower in Faroe Islands at $5,341/mo compared to $5,571/mo in Germany.
Detailed Comparison
| Metric | Faroe Islands | Germany |
|---|---|---|
| Minimum wage /hr | None | €13.90 $16.19 |
| Minimum wage /mo | None | €2,408.67 $2,805.02 |
| Minimum wage /yr | None | €28,904 $33,660.18 |
| Avg. gross salary /mo | kr34,278 /mo $5,341.42 | €4,784 /mo $5,571.21 |
| Avg. net salary /mo | N/A/mo | €3,000 /mo $3,493.65 |
Percentage differences are based on USD equivalent values. Positive means Faroe Islands is higher.
Work Week
- Faroe Islands
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours. Working conditions governed by collective agreements.
- Germany
-
40 hrs/wk standard
Max 48 hrs/wk
Arbeitszeitgesetz limits working time to 8 hrs/day (extendable to 10 hrs if averaged over 6 months). Overtime compensation set by contract or collective agreement.
See this comparison from Germany's perspective: Germany vs Faroe Islands
Compare Faroe Islands with...
Frequently Asked Questions
Is the minimum wage higher in Faroe Islands or Germany?
In Faroe Islands, the minimum wage is no statutory minimum wage. In Germany, it is €13.90/hr ($16.19 USD).
How much less does the average worker earn in Faroe Islands compared to Germany?
The average gross salary in Faroe Islands is kr34,278/mo ($5,341.42 USD), compared to €4,784/mo ($5,571.21 USD) in Germany. In USD terms, workers in Faroe Islands earn approximately 4% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Faroe Islands and Germany is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Germany earn more in nominal terms, though how far that income stretches depends on local prices in Faroe Islands.
How do work hours compare between Faroe Islands and Germany?
Both Faroe Islands and Germany 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.