Key Facts: Faroe Islands vs Switzerland Wages
- Faroe Islands Minimum Wage
- No statutory minimum wage
- Switzerland Minimum Wage
- No statutory minimum wage
- Faroe Islands Avg. Gross Monthly Salary
- kr34,278 /mo ($5,341.42 USD)
- Switzerland Avg. Gross Monthly Salary
- CHF7,800 /mo ($9,951.52 USD)
- Data Sources
- Statistics Faroe Islands (hagstova.fo) (2026-05-04), Swiss Federal Statistical Office (BFS) (2026-02-24)
Faroe Islands 
Switzerland
Updated 2026-05-04
Neither Faroe Islands nor Switzerland has a statutory minimum wage, relying instead on collective bargaining or sectoral agreements. Average salaries are lower in Faroe Islands at $5,341/mo compared to $9,952/mo in Switzerland.
Detailed Comparison
| Metric | Faroe Islands | Switzerland |
|---|---|---|
| Avg. gross salary /mo | kr34,278 /mo $5,341.42 | CHF7,800 /mo $9,951.52 |
| Avg. net salary /mo | N/A/mo | CHF6,396 /mo $8,160.24 |
| Median individual income /yr | N/A/yr | CHF81,456 /yr $103,924.47 |
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.
- Switzerland
-
42 hrs/wk standard
Max 45 hrs/wk
Overtime : 1.25x pay
No single statutory standard; typical contractual hours are 40-42/week depending on sector. Maximum legal hours: 45/week for industrial, office, and retail workers; 50/week for others. Overtime premium is 25% (can be compensated with time off by agreement). Swiss Labour Act (Arbeitsgesetz) governs working time.
What This Means for Workers
Standard work weeks differ: Faroe Islands mandates 40 hours while Switzerland mandates 42 hours.
See this comparison from Switzerland's perspective: Switzerland vs Faroe Islands
Compare Faroe Islands with...
Faroe Islands vs United States $ 7.25 /hr 
Faroe Islands vs China ¥ 25 /hr 
Faroe Islands vs Germany € 13.9 /hr 
Faroe Islands vs United Kingdom £ 12.71 /hr 
Faroe Islands vs India ₹ 4,576 /mo 
Faroe Islands vs Japan ¥ 1,121 /hr 
Faroe Islands vs France € 12.02 /hr 
Faroe Islands vs South Korea ₩ 10,320 /hr 
Faroe Islands vs Canada C$ 18.1 /hr 
Faroe Islands vs Australia A$ 24.95 /hr 
Faroe Islands vs Brazil R$ 7.37 /hr 
Faroe Islands vs Russia ₽ 156.31 /hr 
Faroe Islands vs Mexico MX$ 9,583.52 /mo 
Faroe Islands vs Netherlands € 14.71 /hr 
Faroe Islands vs Saudi Arabia ﷼ 23.08 /hr 
Faroe Islands vs Turkey ₺ 164.94 /hr 
Faroe Islands vs Poland zł 31.4 /hr 
Faroe Islands vs Sweden 
Faroe Islands vs Singapore 
Faroe Islands vs Norway 
Faroe Islands vs Austria 
Faroe Islands vs Denmark 
Faroe Islands vs Israel ₪ 35.4 /hr 
Faroe Islands vs New Zealand NZ$ 23.5 /hr Frequently Asked Questions
How much less does the average worker earn in Faroe Islands compared to Switzerland?
The average gross salary in Faroe Islands is kr34,278/mo ($5,341.42 USD), compared to CHF7,800/mo ($9,951.52 USD) in Switzerland. In USD terms, workers in Faroe Islands earn approximately 86% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Faroe Islands and Switzerland is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Switzerland 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 Switzerland?
Switzerland has a longer standard work week at 42 hours, compared to 40 hours in Faroe Islands. Workers in Faroe Islands work 40 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Faroe Islands 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.