Key Facts: Guinea-Bissau vs Guyana Wages
- Guinea-Bissau Minimum Wage
- CFA19,030/mo ($34.17 USD)
- Guyana Minimum Wage
- G$347/hr ($1.66 USD)
- Guinea-Bissau Avg. Gross Monthly Salary
- CFA95,000 /mo ($170.56 USD)
- Guyana Avg. Gross Monthly Salary
- G$100,000 /mo ($477.90 USD)
- Data Sources
- ILOSTAT (DF_EAR_INEE_CUR_NB, 2024 reporting); confirmed via Wikipedia master list (citation [95]) (2026-05-04), Ministry of Labour — Guyana (2026-02-25)
Guinea-Bissau
Guyana
Updated 2026-05-04
The minimum wage in Guinea-Bissau is roughly 21 times higher than in Guyana in USD terms, reflecting the gap between a low-income and a upper-middle-income economy. Average gross salaries diverge further: $171/mo in Guinea-Bissau versus $478/mo in Guyana, a 2.8:1 ratio. GDP per capita (PPP) in Guyana is 25.7x that of Guinea-Bissau, underscoring the structural economic divide.
Guinea-Bissau has lower GDP per capita ($3,119 vs $80,155). Guinea-Bissau's unemployment rate is 2.7% compared to Guyana's 12.0%.
Detailed Comparison
| Metric | Guinea-Bissau | Guyana |
|---|---|---|
| Minimum wage /hr | — | G$347 $1.66 |
| Minimum wage /day | CFA761 $1.37 | — |
| Minimum wage /mo | CFA19,030 $34.17 | G$60,147 $287.44 |
| Avg. gross salary /mo | CFA95,000 /mo $170.56 | G$100,000 /mo $477.90 |
| Avg. net salary /mo | N/A/mo | G$80,000 /mo $382.32 |
| Median individual income /yr | N/A/yr | G$600,000 /yr $2,867.38 |
Percentage differences are based on USD equivalent values. Positive means Guinea-Bissau is higher.
Work Week
- Guinea-Bissau
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Labour Code sets 40 hours/week as the standard. Overtime provisions apply to formal employment. Portuguese is the official language; labour law reflects Lusophone and OHADA traditions.
- Guyana
-
40 hrs/wk standard
Max 40 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours (8 hours/day, 5 days/week). Overtime is paid at 1.5x the regular rate on weekdays and 2x on public holidays. Governed by the Labour Act. Some sectors (sugar, mining) may have different arrangements through collective agreements.
What This Means for Workers
A minimum wage worker moving from Guyana to Guinea-Bissau would see a 1960% increase in USD-equivalent hourly earnings.
See this comparison from Guyana's perspective: Guyana vs Guinea-Bissau
Compare Guinea-Bissau with...
Frequently Asked Questions
Is the minimum wage higher in Guinea-Bissau or Guyana?
In Guinea-Bissau, the minimum wage is CFA19,030/mo ($34.17 USD). In Guyana, it is G$347/hr ($1.66 USD). Guinea-Bissau has the higher rate by 1960% 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 Guyana may retain a larger share of their earnings if prices there are lower.
How much less does the average worker earn in Guinea-Bissau compared to Guyana?
The average gross salary in Guinea-Bissau is CFA95,000/mo ($170.56 USD), compared to G$100,000/mo ($477.90 USD) in Guyana. In USD terms, workers in Guinea-Bissau earn approximately 180% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Guinea-Bissau and Guyana is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Guyana earn more in nominal terms, though how far that income stretches depends on local prices in Guinea-Bissau.
How do work hours compare between Guinea-Bissau and Guyana?
Both Guinea-Bissau and Guyana 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.
What is the cost of living difference between Guinea-Bissau and Guyana?
While direct cost of living data varies by source, GDP per capita (PPP) gives a useful proxy for overall economic level. Guyana has the higher GDP per capita at $80,155, which is 25.7x that of Guinea-Bissau at $3,119. From Guinea-Bissau'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.