Skip to main content

Key Facts: Faroe Islands vs United Kingdom Wages

Faroe Islands Minimum Wage
No statutory minimum wage
United Kingdom Minimum Wage
£12.71/hr ($17.11 USD)
Faroe Islands Avg. Gross Monthly Salary
kr34,278 /mo ($5,341.42 USD)
United Kingdom Avg. Gross Monthly Salary
£3,253 /mo ($4,379.96 USD)
Data Sources
Statistics Faroe Islands (hagstova.fo) (2026-05-04), UK Government / Low Pay Commission (2026-06-01)

Faroe Islands flag Faroe Islands United Kingdom flag United Kingdom

Updated 2026-06-01

Faroe Islands flag Faroe Islands

No statutory minimum wage

Avg. Gross Salary

kr34,278 /mo

United Kingdom flag United Kingdom

Minimum Wage

£12.71 /hr

$17.11 USD

Avg. Gross Salary

£3,253 /mo

Avg. salary: +22% Faroe Islands vs United Kingdom

Faroe Islands has no statutory minimum wage, while the United Kingdom sets a floor of $17/hr. Average salaries are higher in Faroe Islands at $5,341/mo compared to $4,380/mo in the United Kingdom.

Detailed Comparison

Detailed wage comparison between Faroe Islands and United Kingdom
Metric Faroe Islands United Kingdom
Minimum wage /hr None £12.71 $17.11
Minimum wage /mo None £2,203.07 $2,966.30
Minimum wage /yr None £26,436.80 $35,595.53
Avg. gross salary /mo kr34,278 /mo $5,341.42 £3,253 /mo $4,379.96
Avg. net salary /mo N/A/mo £2,636 /mo $3,549.21
Median individual income /yr N/A/yr £28,000 /yr $37,700.28

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.

United Kingdom

40 hrs/wk standard

Max 48 hrs/wk

Working Time Regulations limit average to 48 hrs/week (opt-out available). No statutory overtime rate; overtime pay is set by contract.

See this comparison from United Kingdom's perspective: United Kingdom vs Faroe Islands

Compare Faroe Islands with...

Frequently Asked Questions

Is the minimum wage higher in Faroe Islands or United Kingdom?

In Faroe Islands, the minimum wage is no statutory minimum wage. In the United Kingdom, it is £12.71/hr ($17.11 USD).

How much more does the average worker earn in Faroe Islands compared to United Kingdom?

The average gross salary in Faroe Islands is kr34,278/mo ($5,341.42 USD), compared to £3,253/mo ($4,379.96 USD) in the United Kingdom. In USD terms, workers in Faroe Islands earn approximately 22% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Faroe Islands and United Kingdom is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Faroe Islands earn more in nominal terms, though how far that income stretches depends on local prices in the United Kingdom.

How do work hours compare between Faroe Islands and United Kingdom?

Both Faroe Islands and United Kingdom 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.