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Key Facts: Guinea-Bissau vs North Korea Wages

Guinea-Bissau Minimum Wage
CFA19,030/mo ($34.17 USD)
North Korea Minimum Wage
No statutory minimum wage
Guinea-Bissau Avg. Gross Monthly Salary
CFA95,000 /mo ($170.56 USD)
North Korea Avg. Gross Monthly Salary
₩100,000 /mo ($111.11 USD)
Data Sources
ILOSTAT (DF_EAR_INEE_CUR_NB, 2024 reporting); confirmed via Wikipedia master list (citation [95]) (2026-05-04), ILO / World Bank / Korea Institute for National Unification (KINU) / NK News (2026-02-25)

Guinea-Bissau flag Guinea-Bissau North Korea flag North Korea

Updated 2026-05-04

Guinea-Bissau flag Guinea-Bissau

Minimum Wage

CFA19,030 /mo

$34.17 USD

Avg. Gross Salary

CFA95,000 /mo

North Korea flag North Korea

No statutory minimum wage

Avg. Gross Salary

₩100,000 /mo

Avg. salary: +54% Guinea-Bissau vs North Korea

Unlike North Korea, which has no statutory minimum wage, Guinea-Bissau mandates a wage floor of $34/mo. Average salaries are higher in Guinea-Bissau at $171/mo compared to $111/mo in North Korea.

Guinea-Bissau's unemployment rate is 2.7% compared to North Korea's 3.5%.

Detailed Comparison

Detailed wage comparison between Guinea-Bissau and North Korea
Metric Guinea-Bissau North Korea
Minimum wage /day CFA761 $1.37 None
Minimum wage /mo CFA19,030 $34.17 None
Avg. gross salary /mo CFA95,000 /mo $170.56 ₩100,000 /mo $111.11
Avg. net salary /mo N/A/mo ₩90,000 /mo $100

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.

North Korea

48 hrs/wk standard

The North Korean Labour Law formally sets an 8-hour working day. In practice, many workers are required to spend additional hours in compulsory political study, military training, and 'volunteer' labour campaigns. The actual workweek for state employees varies widely by sector and location. No independent verification of labour conditions is possible.

What This Means for Workers

Standard work weeks differ: Guinea-Bissau mandates 40 hours while North Korea mandates 48 hours.

See this comparison from North Korea's perspective: North Korea vs Guinea-Bissau

Compare Guinea-Bissau with...

Frequently Asked Questions

Is the minimum wage higher in Guinea-Bissau or North Korea?

In Guinea-Bissau, the minimum wage is CFA19,030/mo ($34.17 USD). In North Korea, it is no statutory minimum wage.

How much more does the average worker earn in Guinea-Bissau compared to North Korea?

The average gross salary in Guinea-Bissau is CFA95,000/mo ($170.56 USD), compared to ₩100,000/mo ($111.11 USD) in North Korea. In USD terms, workers in Guinea-Bissau earn approximately 54% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Guinea-Bissau and North Korea is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Guinea-Bissau earn more in nominal terms, though how far that income stretches depends on local prices in North Korea.

How do work hours compare between Guinea-Bissau and North Korea?

North Korea has a longer standard work week at 48 hours, compared to 40 hours in Guinea-Bissau. Workers in Guinea-Bissau work 40 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Guinea-Bissau working fewer hours may have comparable or better effective hourly earnings depending on the wage levels of each country. Total annual compensation depends on both the wage rate and the number of hours required.