Key Facts: Guinea Wages
- Country
- Guinea (GIN)
- Continent
- Africa
- Currency
- Guinean Franc (GNF)
- Minimum Wage
- FG440,000 /mo ($51.04 USD)
- Average Gross Monthly Salary
- FG1,500,000 /month
- Average Gross Annual Salary
- FG18,000,000 /year
- Median Individual Income
- FG3,000,000 /year
- Standard Work Week
- 40 hours
- Data Source
- ILO / Ministère du Travail et de la Fonction Publique (Guinea)
- Last Updated
- 2026-02-25
Guinea — Average Salary & Wages
Guinean Franc (GNF) Data verified Jan 2026 Sources
The average salary in Guinea is
FG18,000,000 a year
But half of all workers earn less than FG3,000,000 .
The average is lifted by bonuses and high earners. Most workers earn less than that.
The minimum wage in Guinea is FG440,000/mo ($51.04 USD) as of 2026. The average gross monthly salary is FG1,500,000 ($174.01 USD). The median monthly income is FG250,000 ($29.00 USD).
Very rough estimates. Most of the population relies on subsistence agriculture. High urban-rural income gap. High income inequality (Gini ~0.45).
Estimated average for formal-sector employees. Mining sector workers earn considerably more. Informal economy workers earn significantly less. Data reliability is low.
Minimum Wage Trend
Since 2015, the minimum wage has grown +193% in nominal terms.
• PPP ADJUSTED
In Guinea, the minimum wage has the purchasing power of $138.11/mo in the United States, adjusted for local cost of living using the World Bank PPP conversion factor.
In Context
At minimum wage, a full-time worker in Guinea earns FG440,000/mo. That is 29% of the average gross salary.
- Monthly (full-time)
- FG440,000 at min. wage
- Share of avg. salary
- 29% gross, before tax
- USD equivalent
- $51.04/mo monthly
- Nominal growth
- +193% since 2015
Wage Breakdown
- Monthly
- FG440,000SMIG — national statutory monthly minimum wage (approximate)
Guinea's SMIG (Salaire Minimum Interprofessionnel Garanti) is set by presidential decree under the Labour Code. The approximate rate of 440,000 GNF/month was reported from 2022-2023 sources; Guinea has periodically adjusted the SMIG to partially offset inflation. The GNF has depreciated significantly against the USD over the past decade (approximately 11,000 GNF = 1 USD as of 2025). The mining sector (bauxite, gold) typically pays above statutory minimums. Enforcement outside formal mines and public service is negligible.
Work Week
- Standard
- 40 hrs/wk
- Maximum
- 48 hrs/wk
- Overtime
- 1.5x pay
Labour Code sets standard at 40 hours/week for formal-sector employees. Overtime compensated at 1.5x for weekday hours, 2x for work on rest days. These rules apply to the limited formal sector.
How Guinea Compares
| Metric | Guinea | Africa Avg. | Africa Highest |
|---|---|---|---|
| Avg. salary (USD equiv.) | $174.01/mo | $381.53/mo | $1,625/mo (Mauritania) |
• NEIGHBORING COUNTRIES
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Cost of Living
Wages tell half the story. See purchasing power, prices, and quality-of-life context for Guinea on our sister site.
Cost of living in Guinea on costofliving.is →Frequently Asked Questions
What is the minimum wage in Guinea?
The minimum wage in Guinea is FG440,000/mo (approximately $51.04 USD), effective since 2023-01-01. Guinea's SMIG (Salaire Minimum Interprofessionnel Garanti) is set by presidential decree under the Labour Code. The approximate rate of 440,000 GNF/month was reported from 2022-2023 sources; Guinea has periodically adjusted the SMIG to partially offset inflation. The GNF has depreciated significantly against the USD over the past decade (approximately 11,000 GNF = 1 USD as of 2025). The mining sector (bauxite, gold) typically pays above statutory minimums. Enforcement outside formal mines and public service is negligible.
What is the average salary in Guinea?
The average gross monthly salary in Guinea is FG1,500,000 (approximately $174.01 USD). Estimated average for formal-sector employees. Mining sector workers earn considerably more. Informal economy workers earn significantly less. Data reliability is low. Source: ILO / Institut National de la Statistique (INS Guinée) estimates (2023).
How many hours is the standard work week in Guinea?
The standard work week in Guinea is 40 hours, with a legal maximum of 48 hours. Overtime is paid at 1.5x the normal rate. Labour Code sets standard at 40 hours/week for formal-sector employees. Overtime compensated at 1.5x for weekday hours, 2x for work on rest days. These rules apply to the limited formal sector.
How has the minimum wage in Guinea changed over time?
The minimum wage in Guinea has changed as follows: FG150,000 in 2015, FG280,000 in 2019, FG440,000 in 2023. This represents 3 recorded adjustments.
What is the minimum wage in Guinea in USD?
The minimum wage in Guinea converts to approximately $51.04/mo in US dollars, based on current exchange rates. Note: this dollar value uses the official reference exchange rate; for this currency, high volatility or parallel/unofficial exchange rates can make the real dollar value differ substantially. Actual purchasing power may differ due to local cost of living.
What is the average salary in Guinea in USD?
The average gross monthly salary in Guinea is approximately $174.01 per month in US dollars, based on current exchange rates. Note: this dollar value uses the official reference exchange rate; for this currency, high volatility or parallel/unofficial exchange rates can make the real dollar value differ substantially. Actual purchasing power may differ due to local cost of living.
From Insights
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