Key Facts: Finland vs Ivory Coast Wages
- Finland Minimum Wage
- No statutory minimum wage
- Ivory Coast Minimum Wage
- CFA432.70/hr ($0.78 USD)
- Finland Avg. Gross Monthly Salary
- €3,900 /mo ($4,541.75 USD)
- Ivory Coast Avg. Gross Monthly Salary
- CFA337,000 /mo ($605.03 USD)
- Data Sources
- Ministry of Economic Affairs and Employment (Työ- ja elinkeinoministeriö) (2026-02-24), Ministère de l'Emploi et de la Protection Sociale — Côte d'Ivoire (2026-05-04)
Finland
Ivory Coast
Updated 2026-05-04
Finland has no statutory minimum wage, while Ivory Coast sets a floor of $1/hr. Average gross salaries diverge further: $4,542/mo in Finland versus $605/mo in Ivory Coast, a 7.5:1 ratio. GDP per capita (PPP) in Finland is 8.5x that of Ivory Coast, underscoring the structural economic divide.
Finland has higher GDP per capita ($65,378 vs $7,669). Finland's unemployment rate is 9.5% compared to Ivory Coast's 2.3%.
Detailed Comparison
| Metric | Finland | Ivory Coast |
|---|---|---|
| Minimum wage /hr | None | CFA432.70 $0.78 |
| Minimum wage /mo | None | CFA75,000 $134.65 |
| Minimum wage /yr | None | CFA900,000 $1,615.80 |
| Avg. gross salary /mo | €3,900 /mo $4,541.75 | CFA337,000 /mo $605.03 |
| Avg. net salary /mo | €2,700 /mo $3,144.29 | CFA280,000 /mo $502.69 |
| Median individual income /yr | €35,000 /yr $40,759.29 | CFA960,000 /yr $1,723.52 |
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.
- Ivory Coast
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.15x pay
Labour Code sets standard working hours at 40 per week (non-agricultural) and 48 hours for agricultural workers. Overtime rates: 115% for the first 8 hours of weekly overtime, 150% for subsequent hours. Night work (9pm-5am) and holiday work have higher multipliers.
See this comparison from Ivory Coast's perspective: Ivory Coast vs Finland
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Frequently Asked Questions
Is the minimum wage higher in Finland or Ivory Coast?
In Finland, the minimum wage is no statutory minimum wage. In Ivory Coast, it is CFA432.70/hr ($0.78 USD).
How much more does the average worker earn in Finland compared to Ivory Coast?
The average gross salary in Finland is €3,900/mo ($4,541.75 USD), compared to CFA337,000/mo ($605.03 USD) in Ivory Coast. In USD terms, workers in Finland earn approximately 651% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Finland and Ivory Coast 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 Ivory Coast.
How do work hours compare between Finland and Ivory Coast?
Both Finland and Ivory Coast 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.
What is the cost of living difference between Finland and Ivory Coast?
While direct cost of living data varies by source, GDP per capita (PPP) gives a useful proxy for overall economic level. Finland has the higher GDP per capita at $65,378, which is 8.5x that of Ivory Coast at $7,669. From Finland's perspective, this means goods and services are priced at a higher 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.