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Key Facts: Finland vs British Virgin Islands Wages

Finland Minimum Wage
No statutory minimum wage
British Virgin Islands Minimum Wage
$8.50/hr
Finland Avg. Gross Monthly Salary
€3,900 /mo ($4,541.75 USD)
Data Sources
Ministry of Economic Affairs and Employment (Työ- ja elinkeinoministeriö) (2026-02-24), BVI Government — New Minimum Wage Announcement (2026-05-04)

Finland flag Finland British Virgin Islands flag British Virgin Islands

Updated 2026-05-04

Finland flag Finland

No statutory minimum wage

Avg. Gross Salary

€3,900 /mo

British Virgin Islands flag British Virgin Islands

Minimum Wage

$8.50 /hr

Finland has no statutory minimum wage, while British Virgin Islands sets a floor of $9/hr.

Detailed Comparison

Detailed wage comparison between Finland and British Virgin Islands
Metric Finland British Virgin Islands
Minimum wage /hr None $8.50
Minimum wage /mo None $1,473.33
Minimum wage /yr None $17,680
Avg. gross salary /mo €3,900 /mo $4,541.75 N/A/mo
Avg. net salary /mo €2,700 /mo $3,144.29 N/A/mo
Median individual income /yr €35,000 /yr $40,759.29 N/A/yr

Percentage differences are based on USD equivalent values. Positive means Finland is higher.

Work Week

Finland

40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Standard workweek is 40 hours (Working Hours Act / Työaikalaki). Regular daily working hours are 8 hours. Overtime for the first 2 hours is compensated at 150% and subsequent hours at 200%. Maximum overtime is 250 hours per calendar year. EU Working Time Directive limits average to 48 hrs/week.

British Virgin Islands

40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Standard workweek is 40 hours under the Labour Code.

See this comparison from British Virgin Islands's perspective: British Virgin Islands vs Finland

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Frequently Asked Questions

Is the minimum wage higher in Finland or British Virgin Islands?

In Finland, the minimum wage is no statutory minimum wage. In British Virgin Islands, it is $8.50/hr.

How do work hours compare between Finland and British Virgin Islands?

Both Finland and British Virgin Islands 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.