Key Facts: Greece vs Gibraltar Wages
- Greece Minimum Wage
- €5.31/hr ($6.18 USD)
- Gibraltar Minimum Wage
- £9.50/hr ($12.80 USD)
- 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), Gibraltar Laws — Conditions of Employment (Standard Minimum Wage) Amendment Order 2025 (2026-05-04)
Greece
Gibraltar
Updated 2026-05-04
Minimum Wage
£9.50 /hr
$12.80 USD
The minimum wage in Greece is 52% lower than in Gibraltar in USD terms, though average salaries tell a different story.
Detailed Comparison
| Metric | Greece | Gibraltar |
|---|---|---|
| Minimum wage /hr | €5.31 $6.18 | £9.50 $12.80 |
| Minimum wage /mo | €920 $1,071.39 | £1,646.67 $2,218.33 |
| Minimum wage /yr | €12,880 $14,999.42 | £19,760 $26,619.96 |
| 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.
- 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).
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker in Greece earns 107% less per hour in USD terms than one in Gibraltar.
See this comparison from Gibraltar's perspective: Gibraltar vs Greece
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Frequently Asked Questions
Is the minimum wage higher in Greece or Gibraltar?
In Greece, the minimum wage is €5.31/hr ($6.18 USD). In Gibraltar, it is £9.50/hr ($12.80 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 Greece and Gibraltar?
Both Greece and Gibraltar 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.