Key Facts: Gibraltar vs Greece Wages
- Gibraltar Minimum Wage
- £9.50/hr ($12.80 USD)
- Greece Minimum Wage
- €5.31/hr ($6.18 USD)
- Greece Avg. Gross Monthly Salary
- €1,400 /mo ($1,630.37 USD)
- Data Sources
- Gibraltar Laws — Conditions of Employment (Standard Minimum Wage) Amendment Order 2025 (2026-05-04), Ministry of Labour and Social Security (Υπουργείο Εργασίας και Κοινωνικής Ασφάλισης); 2026 figure verified via Wikipedia EU member states by minimum wage table (eff 2026-04-01) (2026-05-04)
Gibraltar
Greece
Updated 2026-05-04
Minimum Wage
£9.50 /hr
$12.80 USD
The minimum wage in Gibraltar is 107% higher than in Greece when converted to USD.
Detailed Comparison
| Metric | Gibraltar | Greece |
|---|---|---|
| Minimum wage /hr | £9.50 $12.80 | €5.31 $6.18 |
| Minimum wage /mo | £1,646.67 $2,218.33 | €920 $1,071.39 |
| Minimum wage /yr | £19,760 $26,619.96 | €12,880 $14,999.42 |
| Avg. gross salary /mo | N/A/mo | €1,400 /mo $1,630.37 |
| Avg. net salary /mo | N/A/mo | €1,100 /mo $1,281.01 |
| Median individual income /yr | N/A/yr | €12,800 /yr $14,906.25 |
Percentage differences are based on USD equivalent values. Positive means Gibraltar is higher.
Work Week
- Gibraltar
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours. Employment law aligned with UK and EU standards (pre-Brexit EU employment directives largely retained).
- Greece
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.2x pay
Standard workweek is 40 hours across 5 days (Labour Law). Overtime beyond 40 hours is compensated at 120% for the first 5 hours per week and 140% thereafter. In 2024, Greece introduced optional 6-day workweek legislation for certain industries, with the 6th day paid at 140%. EU Working Time Directive limits average to 48 hrs/week.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker moving from Greece to Gibraltar would see a 107% increase in USD-equivalent hourly earnings.
See this comparison from Greece's perspective: Greece vs Gibraltar
Compare Gibraltar with...
Frequently Asked Questions
Is the minimum wage higher in Gibraltar or Greece?
In Gibraltar, the minimum wage is £9.50/hr ($12.80 USD). In Greece, it is €5.31/hr ($6.18 USD). Gibraltar has the higher rate by 107% in USD terms. That nominal gap does not account for local prices; see the purchasing power comparison below for a cost-of-living-adjusted view. Workers in Greece may retain a larger share of their earnings if prices there are lower.
How do work hours compare between Gibraltar and Greece?
Both Gibraltar and Greece 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.