Key Facts: Finland vs Hong Kong Wages
- Finland Minimum Wage
- No statutory minimum wage
- Hong Kong Minimum Wage
- HK$42.10/hr ($5.37 USD)
- Finland Avg. Gross Monthly Salary
- €3,900 /mo ($4,541.75 USD)
- Hong Kong Avg. Gross Monthly Salary
- HK$20,500 /mo ($2,615.76 USD)
- Data Sources
- Ministry of Economic Affairs and Employment (Työ- ja elinkeinoministeriö) (2026-02-24), Minimum Wage Commission / Census and Statistics Department, HKSAR; current rate verified via Wikipedia List of countries by minimum wage (eff 2025-05-01) (2026-05-04)
Finland 
Hong Kong
Updated 2026-05-04
Finland has no statutory minimum wage, while Hong Kong sets a floor of $5/hr. Average salaries are higher in Finland at $4,542/mo compared to $2,616/mo in Hong Kong. Hong Kong has the tighter labor market, with unemployment at 2.8% compared to 9.5%.
Finland has lower GDP per capita ($65,378 vs $75,196). Finland's unemployment rate is 9.5% compared to Hong Kong's 2.8%.
Detailed Comparison
| Metric | Finland | Hong Kong |
|---|---|---|
| Minimum wage /hr | None | HK$42.10 $5.37 |
| Minimum wage /mo | None | HK$7,297 $931.08 |
| Minimum wage /yr | None | HK$87,568 $11,173.52 |
| Avg. gross salary /mo | €3,900 /mo $4,541.75 | HK$20,500 /mo $2,615.76 |
| Avg. net salary /mo | €2,700 /mo $3,144.29 | HK$19,475 /mo $2,484.98 |
| Median individual income /yr | €35,000 /yr $40,759.29 | HK$246,000 /yr $31,389.16 |
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.
- Hong Kong
-
hrs/wk standard
Hong Kong has NO statutory standard working hours or maximum working hours for most employees (a rare situation globally). The government has considered legislation but has not enacted a standard hours law. Working hours are determined by individual employment contracts. Average actual working hours are ~40-44 hrs/week. Overtime pay is not legally mandated except for certain specific occupations.
See this comparison from Hong Kong's perspective: Hong Kong vs Finland
Compare Finland with...
Finland vs United States $ 7.25 /hr 
Finland vs China ¥ 25 /hr 
Finland vs Germany € 13.9 /hr 
Finland vs United Kingdom £ 12.71 /hr 
Finland vs India ₹ 4,576 /mo 
Finland vs Japan ¥ 1,121 /hr 
Finland vs France € 12.02 /hr 
Finland vs South Korea ₩ 10,320 /hr 
Finland vs Canada C$ 18.1 /hr 
Finland vs Australia A$ 24.95 /hr 
Finland vs Brazil R$ 7.37 /hr 
Finland vs Russia ₽ 156.31 /hr 
Finland vs Mexico MX$ 9,583.52 /mo 
Finland vs Indonesia Rp 33,058 /hr 
Finland vs Netherlands € 14.71 /hr 
Finland vs Saudi Arabia ﷼ 23.08 /hr 
Finland vs Turkey ₺ 164.94 /hr 
Finland vs Taiwan NT$ 190 /hr 
Finland vs Switzerland 
Finland vs Poland zł 31.4 /hr 
Finland vs Thailand ฿ 10,400 /mo 
Finland vs Sweden 
Finland vs Argentina ARS 1,762 /hr 
Finland vs Singapore Frequently Asked Questions
Is the minimum wage higher in Finland or Hong Kong?
In Finland, the minimum wage is no statutory minimum wage. In Hong Kong, it is HK$42.10/hr ($5.37 USD).
How much more does the average worker earn in Finland compared to Hong Kong?
The average gross salary in Finland is €3,900/mo ($4,541.75 USD), compared to HK$20,500/mo ($2,615.76 USD) in Hong Kong. In USD terms, workers in Finland earn approximately 74% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Finland and Hong Kong is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Finland earn more in nominal terms, though how far that income stretches depends on local prices in Hong Kong.
What is the cost of living difference between Finland and Hong Kong?
While direct cost of living data varies by source, GDP per capita (PPP) gives a useful proxy for overall economic level. Hong Kong has the higher GDP per capita at $75,196, which is 1.2x that of Finland at $65,378. From Finland's perspective, this means goods and services are priced at a lower economic level. A higher GDP per capita generally correlates with higher wages, higher consumer prices, and greater availability of goods and services. Workers moving between these two countries should expect significant differences in rent, food, and transportation costs.