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Key Facts: Guinea-Bissau vs Ukraine Wages

Guinea-Bissau Minimum Wage
CFA19,030/mo ($34.17 USD)
Ukraine Minimum Wage
₴48/hr ($1.15 USD)
Guinea-Bissau Avg. Gross Monthly Salary
CFA95,000 /mo ($170.56 USD)
Ukraine Avg. Gross Monthly Salary
₴20,000 /mo ($478.47 USD)
Data Sources
ILOSTAT (DF_EAR_INEE_CUR_NB, 2024 reporting); confirmed via Wikipedia master list (citation [95]) (2026-05-04), Ministry of Economy of Ukraine / State Statistics Service (2026-02-24)

Guinea-Bissau flag Guinea-Bissau Ukraine flag Ukraine

Updated 2026-05-04

Guinea-Bissau flag Guinea-Bissau

Minimum Wage

CFA19,030 /mo

$34.17 USD

Avg. Gross Salary

CFA95,000 /mo

Ukraine flag Ukraine

Minimum Wage

₴48 /hr

$1.15 USD

Avg. Gross Salary

₴20,000 /mo

Min wage: +2875% Guinea-Bissau vs Ukraine Avg. salary: -64% Guinea-Bissau vs Ukraine

The minimum wage in Guinea-Bissau is roughly 30 times higher than in Ukraine in USD terms, reflecting the gap between a low-income and a lower-middle-income economy. Average gross salaries diverge further: $171/mo in Guinea-Bissau versus $478/mo in Ukraine, a 2.8:1 ratio. GDP per capita (PPP) in Ukraine is 5.9x that of Guinea-Bissau, underscoring the structural economic divide.

Guinea-Bissau has lower GDP per capita ($3,119 vs $18,550). Guinea-Bissau's unemployment rate is 2.7% compared to Ukraine's 9.8%.

Detailed Comparison

Detailed wage comparison between Guinea-Bissau and Ukraine
Metric Guinea-Bissau Ukraine
Minimum wage /hr ₴48 $1.15
Minimum wage /day CFA761 $1.37 ₴266.67 $6.38
Minimum wage /mo CFA19,030 $34.17 ₴8,000 $191.39
Minimum wage /yr ₴96,000 $2,296.65
Avg. gross salary /mo CFA95,000 /mo $170.56 ₴20,000 /mo $478.47
Avg. net salary /mo N/A/mo ₴16,400 /mo $392.34
Median individual income /yr N/A/yr ₴120,000 /yr $2,870.81

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.

Ukraine

40 hrs/wk standard

Max 40 hrs/wk

Overtime : 2x pay

Labour Code sets standard working time at 40 hours/week. Overtime is compensated at double the normal rate and limited to 4 hours over 2 consecutive days, 120 hours/year. Under martial law (from Feb 2022), employers may increase working hours to 60/week and suspend certain labour protections with government approval.

What This Means for Workers

A minimum wage worker moving from Ukraine to Guinea-Bissau would see a 2875% increase in USD-equivalent hourly earnings.

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

Compare Guinea-Bissau with...

Frequently Asked Questions

Is the minimum wage higher in Guinea-Bissau or Ukraine?

In Guinea-Bissau, the minimum wage is CFA19,030/mo ($34.17 USD). In Ukraine, it is ₴48/hr ($1.15 USD). Guinea-Bissau has the higher rate by 2875% 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 Ukraine 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 Ukraine?

The average gross salary in Guinea-Bissau is CFA95,000/mo ($170.56 USD), compared to ₴20,000/mo ($478.47 USD) in Ukraine. In USD terms, workers in Guinea-Bissau earn approximately 181% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Guinea-Bissau and Ukraine is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Ukraine 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 Ukraine?

Both Guinea-Bissau and Ukraine 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 Ukraine?

While direct cost of living data varies by source, GDP per capita (PPP) gives a useful proxy for overall economic level. Ukraine has the higher GDP per capita at $18,550, which is 5.9x 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.