Greece Taiwan

Updated 2026-05-04

Greece

Minimum Wage

€5.31 /hr

$6.04 USD

Avg. Gross Salary

€1,400 /mo

Taiwan

Minimum Wage

NT$190 /hr

$6.11 USD

Avg. Gross Salary

NT$58,000 /mo

Min wage: -1% Greece vs Taiwan Avg. salary: -15% Greece vs Taiwan

Both high-income economies, Greece and Taiwan set comparable minimum wage floors in USD terms. Average salaries are lower in Greece at $1,594/mo compared to $1,865/mo in Taiwan.

Detailed Comparison

Detailed wage comparison between Greece and Taiwan
Metric	Greece	Taiwan	Diff
Minimum wage /hr	€5.31 $6.04	NT$190 $6.11	-1.1%
Minimum wage /mo	€920 $1,047.24	NT$28,590 $919.29	+13.9%
Minimum wage /yr	€12,880 $14,661.35	NT$343,080 $11,031.51	+32.9%
Avg. gross salary /mo	€1,400 /mo $1,593.63	NT$58,000 /mo $1,864.95	-14.5%
Avg. net salary /mo	€1,100 /mo $1,252.13	NT$50,500 /mo $1,623.79	-22.9%
Median individual income /yr	€12,800 /yr $14,570.29	NT$546,000 /yr $17,556.27	-17.0%

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.
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).

• WAGE TRAJECTORY (USD/hr)

Greece Taiwan Source: wage.is · USD equivalent/hr

Year	Greece (USD)	Taiwan (USD)
2012	$667/hr	—
2019	$740/hr	—
2020	—	$765/hr
2021	—	$772/hr
2022	$812/hr	$812/hr
2023	$888/hr	$849/hr
2024	$888/hr	$883/hr
2025	$945/hr	$919/hr
2026	$1047/hr	—

What This Means for Workers

A minimum wage worker in Greece earns 1% less per hour in USD terms than one in Taiwan.

See this comparison from Taiwan's perspective: Taiwan vs Greece

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Frequently Asked Questions

Is the minimum wage higher in Greece or Taiwan?

In Greece, the minimum wage is €5.31/hr ($6.04 USD). In Taiwan, it is NT$190/hr ($6.11 USD). Taiwan has the higher rate by 1% 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 much less does the average worker earn in Greece compared to Taiwan?

The average gross salary in Greece is €1,400/mo ($1,593.63 USD), compared to NT$58,000/mo ($1,864.95 USD) in Taiwan. In USD terms, workers in Greece earn approximately 17% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Greece and Taiwan is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Taiwan earn more in nominal terms, though how far that income stretches depends on local prices in Greece.

How do work hours compare between Greece and Taiwan?

Both Greece 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.