Key Facts: Guinea-Bissau vs New Zealand Wages
- Guinea-Bissau Minimum Wage
- CFA19,030/mo ($34.17 USD)
- New Zealand Minimum Wage
- NZ$23.50/hr ($13.99 USD)
- Guinea-Bissau Avg. Gross Monthly Salary
- CFA95,000 /mo ($170.56 USD)
- New Zealand Avg. Gross Monthly Salary
- NZ$5,666.67 /mo ($3,374.22 USD)
- Data Sources
- ILOSTAT (DF_EAR_INEE_CUR_NB, 2024 reporting); confirmed via Wikipedia master list (citation [95]) (2026-05-04), Employment New Zealand / Ministry of Business, Innovation and Employment (2026-03-02)
Guinea-Bissau
New Zealand
Updated 2026-05-04
The minimum wage in Guinea-Bissau is 144% higher than in New Zealand when converted to USD. Average gross salaries diverge further: $171/mo in Guinea-Bissau versus $3,374/mo in New Zealand, a 19.8:1 ratio. GDP per capita (PPP) in New Zealand is 17.8x that of Guinea-Bissau, underscoring the structural economic divide.
Guinea-Bissau has lower GDP per capita ($3,119 vs $55,551). Guinea-Bissau's unemployment rate is 2.7% compared to New Zealand's 5.1%.
Detailed Comparison
| Metric | Guinea-Bissau | New Zealand |
|---|---|---|
| Minimum wage /hr | — | NZ$23.50 $13.99 |
| Minimum wage /day | CFA761 $1.37 | — |
| Minimum wage /mo | CFA19,030 $34.17 | NZ$4,073.83 $2,425.77 |
| Minimum wage /yr | — | NZ$48,880 $29,105.63 |
| Avg. gross salary /mo | CFA95,000 /mo $170.56 | NZ$5,666.67 /mo $3,374.22 |
| Avg. net salary /mo | N/A/mo | NZ$4,533.33 /mo $2,699.37 |
| Median individual income /yr | N/A/yr | NZ$61,828 /yr $36,815.53 |
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.
- New Zealand
-
40 hrs/wk standard
Overtime : 1.5x pay
No statutory maximum working hours, but employers must ensure reasonable working hours. Most employment agreements specify 40 hours/week. Overtime rates not mandated by statute but commonly 1.5x by agreement. Time-and-a-half and a day in lieu required for work on public holidays.
What This Means for Workers
A minimum wage worker moving from New Zealand to Guinea-Bissau would see a 144% increase in USD-equivalent hourly earnings.
See this comparison from New Zealand's perspective: New Zealand vs Guinea-Bissau
Compare Guinea-Bissau with...
Frequently Asked Questions
Is the minimum wage higher in Guinea-Bissau or New Zealand?
In Guinea-Bissau, the minimum wage is CFA19,030/mo ($34.17 USD). In New Zealand, it is NZ$23.50/hr ($13.99 USD). Guinea-Bissau has the higher rate by 144% 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 New Zealand 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 New Zealand?
The average gross salary in Guinea-Bissau is CFA95,000/mo ($170.56 USD), compared to NZ$5,666.67/mo ($3,374.22 USD) in New Zealand. In USD terms, workers in Guinea-Bissau earn approximately 1878% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Guinea-Bissau and New Zealand is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in New Zealand 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 New Zealand?
Both Guinea-Bissau and New Zealand 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 New Zealand?
While direct cost of living data varies by source, GDP per capita (PPP) gives a useful proxy for overall economic level. New Zealand has the higher GDP per capita at $55,551, which is 17.8x 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.