Key Facts: Finland vs Taiwan Wages
- Finland Minimum Wage
- No statutory minimum wage
- Taiwan Minimum Wage
- NT$190/hr ($6.11 USD)
- Finland Avg. Gross Monthly Salary
- €3,900 /mo ($4,541.75 USD)
- Taiwan Avg. Gross Monthly Salary
- NT$58,000 /mo ($1,864.95 USD)
- Data Sources
- Ministry of Economic Affairs and Employment (Työ- ja elinkeinoministeriö) (2026-02-24), Ministry of Labor (MOL), Republic of China (Taiwan) (2026-02-24)
Finland
Taiwan
Updated 2026-02-24
Finland has no statutory minimum wage, while Taiwan sets a floor of $6/hr. Average gross salaries diverge further: $4,542/mo in Finland versus $1,865/mo in Taiwan, a 2.4:1 ratio.
Detailed Comparison
| Metric | Finland | Taiwan |
|---|---|---|
| Minimum wage /hr | None | NT$190 $6.11 |
| Minimum wage /mo | None | NT$28,590 $919.29 |
| Minimum wage /yr | None | NT$343,080 $11,031.51 |
| Avg. gross salary /mo | €3,900 /mo $4,541.75 | NT$58,000 /mo $1,864.95 |
| Avg. net salary /mo | €2,700 /mo $3,144.29 | NT$50,500 /mo $1,623.79 |
| Median individual income /yr | €35,000 /yr $40,759.29 | NT$546,000 /yr $17,556.27 |
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.
- Taiwan
-
40 hrs/wk standard
Max 40 hrs/wk
Overtime : 1.34x pay
Labour Standards Act sets 40 hours/week, 8 hours/day. Two mandatory rest days per week (one fixed, one flexible). Overtime: first 2 hrs at 1.34x, next 2 hrs at 1.67x. Monthly overtime cap of 46 hours (may be extended to 54 hours with union/labour-management agreement, max 138 hrs/3 months).
See this comparison from Taiwan's perspective: Taiwan vs Finland
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Frequently Asked Questions
Is the minimum wage higher in Finland or Taiwan?
In Finland, the minimum wage is no statutory minimum wage. In Taiwan, it is NT$190/hr ($6.11 USD).
How much more does the average worker earn in Finland compared to Taiwan?
The average gross salary in Finland is €3,900/mo ($4,541.75 USD), compared to NT$58,000/mo ($1,864.95 USD) in Taiwan. In USD terms, workers in Finland earn approximately 144% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Finland and Taiwan 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 Taiwan.
How do work hours compare between Finland and Taiwan?
Both Finland and Taiwan 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.