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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 flag Faroe Islands Germany flag Germany

Updated 2026-05-24

Faroe Islands flag Faroe Islands

No statutory minimum wage

Avg. Gross Salary

kr34,278 /mo

Germany flag Germany

Minimum Wage

€13.90 /hr

$16.19 USD

Avg. Gross Salary

€4,784 /mo

Avg. salary: -4% Faroe Islands vs Germany

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

Detailed wage comparison between Faroe Islands and Germany
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

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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.