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
British Virgin Islands
Updated 2026-05-04
Minimum Wage
$8.50 /hr
Finland has no statutory minimum wage, while British Virgin Islands sets a floor of $9/hr.
Detailed Comparison
| 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
Compare Finland with...
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.