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Key Facts: Greece vs British Virgin Islands Wages

Greece Minimum Wage
€5.31/hr ($6.18 USD)
British Virgin Islands Minimum Wage
$8.50/hr
Greece Avg. Gross Monthly Salary
€1,400 /mo ($1,630.37 USD)
Data Sources
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), BVI Government — New Minimum Wage Announcement (2026-05-04)

Greece flag Greece British Virgin Islands flag British Virgin Islands

Updated 2026-05-04

Greece flag Greece

Minimum Wage

€5.31 /hr

$6.18 USD

Avg. Gross Salary

€1,400 /mo

British Virgin Islands flag British Virgin Islands

Minimum Wage

$8.50 /hr

Min wage: -27% Greece vs British Virgin Islands

Both high-income economies, Greece and British Virgin Islands set comparable minimum wage floors in USD terms.

Detailed Comparison

Detailed wage comparison between Greece and British Virgin Islands
Metric Greece British Virgin Islands
Minimum wage /hr €5.31 $6.18 $8.50
Minimum wage /mo €920 $1,071.39 $1,473.33
Minimum wage /yr €12,880 $14,999.42 $17,680
Avg. gross salary /mo €1,400 /mo $1,630.37 N/A/mo
Avg. net salary /mo €1,100 /mo $1,281.01 N/A/mo
Median individual income /yr €12,800 /yr $14,906.25 N/A/yr

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

Work Week

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.

British Virgin Islands

40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Standard workweek is 40 hours under the Labour Code.

• WAGE TRAJECTORY (USD/hr)

Greece British Virgin Islands Source: wage.is · USD equivalent/hr

What This Means for Workers

A minimum wage worker in Greece earns 37% less per hour in USD terms than one in British Virgin Islands.

See this comparison from British Virgin Islands's perspective: British Virgin Islands vs Greece

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Frequently Asked Questions

Is the minimum wage higher in Greece or British Virgin Islands?

In Greece, the minimum wage is €5.31/hr ($6.18 USD). In British Virgin Islands, it is $8.50/hr. British Virgin Islands has the higher rate by 37% 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 Greece and British Virgin Islands?

Both Greece and British Virgin Islands 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.