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Key Facts: Ghana vs Singapore Wages

Ghana Minimum Wage
GH₵2.72/hr ($0.18 USD)
Singapore Minimum Wage
No statutory minimum wage
Ghana Avg. Gross Monthly Salary
GH₵3,500 /mo ($235.69 USD)
Singapore Avg. Gross Monthly Salary
S$5,800 /mo ($4,539.05 USD)
Data Sources
Fair Wages and Salaries Commission (FWSC) / Ministry of Finance (MOFEP) / National Tripartite Committee; 2025-2026 daily rates per official gazettements (2026-05-27), Ministry of Manpower (MOM) (2026-06-01)

Ghana flag Ghana Singapore flag Singapore

Updated 2026-06-01

Ghana flag Ghana

Minimum Wage

GH₵2.72 /hr

$0.18 USD

Avg. Gross Salary

GH₵3,500 /mo

Singapore flag Singapore

No statutory minimum wage

Avg. Gross Salary

S$5,800 /mo

Avg. salary: -95% Ghana vs Singapore

Unlike Singapore, which has no statutory minimum wage, Ghana mandates a wage floor of $0/hr. Average gross salaries diverge further: $236/mo in Ghana versus $4,539/mo in Singapore, a 19.3:1 ratio. GDP per capita (PPP) in Singapore is 18.8x that of Ghana, underscoring the structural economic divide.

Ghana has lower GDP per capita ($8,020 vs $150,689). Ghana's unemployment rate is 3.0% compared to Singapore's 2.8%.

Detailed Comparison

Detailed wage comparison between Ghana and Singapore
Metric Ghana Singapore
Minimum wage /hr GH₵2.72 $0.18 None
Minimum wage /day GH₵21.77 $1.47 None
Minimum wage /mo GH₵565.02 $38.05 None
Minimum wage /yr GH₵6,780.24 $456.58 None
Avg. gross salary /mo GH₵3,500 /mo $235.69 S$5,800 /mo $4,539.05
Avg. net salary /mo GH₵3,000 /mo $202.02 S$4,930 /mo $3,858.19
Median individual income /yr GH₵12,000 /yr $808.08 S$66,000 /yr $51,651.28

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

Work Week

Ghana

40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Labour Act 2003 (Act 651) sets standard working hours at 8 hours/day, 40 hours/week. Overtime must be paid at 1.5x the normal rate. Work on rest days or public holidays at 2x.

Singapore

44 hrs/wk standard

Max 44 hrs/wk

Overtime : 1.5x pay

Employment Act caps at 44 hours/week (8 hrs/day for 5-day week, or 9 hrs/day for fewer days). Overtime pay at 1.5x hourly basic rate, applies to non-workmen earning up to SGD 2,600/mo and workmen earning up to SGD 4,500/mo. Maximum overtime: 72 hours/month.

What This Means for Workers

Standard work weeks differ: Ghana mandates 40 hours while Singapore mandates 44 hours.

See this comparison from Singapore's perspective: Singapore vs Ghana

Compare Ghana with...

Frequently Asked Questions

Is the minimum wage higher in Ghana or Singapore?

In Ghana, the minimum wage is GH₵2.72/hr ($0.18 USD). In Singapore, it is no statutory minimum wage.

How much less does the average worker earn in Ghana compared to Singapore?

The average gross salary in Ghana is GH₵3,500/mo ($235.69 USD), compared to S$5,800/mo ($4,539.05 USD) in Singapore. In USD terms, workers in Ghana earn approximately 1826% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Ghana and Singapore is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Singapore earn more in nominal terms, though how far that income stretches depends on local prices in Ghana.

How do work hours compare between Ghana and Singapore?

Singapore has a longer standard work week at 44 hours, compared to 40 hours in Ghana. Workers in Ghana work 40 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Ghana working fewer hours may have comparable or better effective hourly earnings depending on the wage levels of each country. Total annual compensation depends on both the wage rate and the number of hours required.

What is the cost of living difference between Ghana and Singapore?

While direct cost of living data varies by source, GDP per capita (PPP) gives a useful proxy for overall economic level. Singapore has the higher GDP per capita at $150,689, which is 18.8x that of Ghana at $8,020. From Ghana'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.