Key Facts: Guyana vs Eritrea Wages
- Guyana Minimum Wage
- G$347/hr ($1.66 USD)
- Eritrea Minimum Wage
- Nfk600/mo ($40 USD)
- Guyana Avg. Gross Monthly Salary
- G$100,000 /mo ($477.90 USD)
- Eritrea Avg. Gross Monthly Salary
- Nfk6,000 /mo ($400 USD)
- Data Sources
- Ministry of Labour — Guyana (2026-02-25), ILO ILOSTAT / World Bank / OHCHR Eritrea reports (2026-02-25)
Guyana 
Eritrea
Updated 2026-02-25
The minimum wage in Guyana is roughly 24 times lower than in Eritrea in USD terms, reflecting the gap between a upper-middle-income and a low-income economy. Average salaries are higher in Guyana at $478/mo compared to $400/mo in Eritrea. Eritrea has the tighter labor market, with unemployment at 6.0% compared to 12.0%.
Guyana's unemployment rate is 12.0% compared to Eritrea's 6.0%.
Detailed Comparison
| Metric | Guyana | Eritrea |
|---|---|---|
| Minimum wage /hr | G$347 $1.66 | — |
| Minimum wage /mo | G$60,147 $287.44 | Nfk600 $40 |
| Avg. gross salary /mo | G$100,000 /mo $477.90 | Nfk6,000 /mo $400 |
| Avg. net salary /mo | G$80,000 /mo $382.32 | Nfk5,400 /mo $360 |
| Median individual income /yr | G$600,000 /yr $2,867.38 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Guyana is higher.
Work Week
- 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.
- Eritrea
-
44 hrs/wk standard
Labour Law sets 44 hours/week for civilian workers (8 hours/day, 5.5 days). However, the national service program operates under military regulations outside normal labour law. No reliable enforcement or monitoring data is available.
What This Means for Workers
A minimum wage worker in Guyana earns 2312% less per hour in USD terms than one in Eritrea. Standard work weeks differ: Guyana mandates 40 hours while Eritrea mandates 44 hours. A minimum wage worker's weekly earnings in Guyana are $66 vs $1,760 in Eritrea.
See this comparison from Eritrea's perspective: Eritrea vs Guyana
Compare Guyana with...
Guyana vs United States $ 7.25 /hr 
Guyana vs China ¥ 25 /hr 
Guyana vs Germany € 13.9 /hr 
Guyana vs United Kingdom £ 12.71 /hr 
Guyana vs India ₹ 4,576 /mo 
Guyana vs Japan ¥ 1,121 /hr 
Guyana vs France € 12.02 /hr 
Guyana vs South Korea ₩ 10,320 /hr 
Guyana vs Canada C$ 18.1 /hr 
Guyana vs Australia A$ 24.95 /hr 
Guyana vs Brazil R$ 7.37 /hr 
Guyana vs Russia ₽ 156.31 /hr 
Guyana vs Mexico MX$ 9,583.52 /mo 
Guyana vs Indonesia Rp 33,058 /hr 
Guyana vs Netherlands € 14.71 /hr 
Guyana vs Saudi Arabia ﷼ 23.08 /hr 
Guyana vs Turkey ₺ 164.94 /hr 
Guyana vs Taiwan NT$ 190 /hr 
Guyana vs Switzerland 
Guyana vs Poland zł 31.4 /hr 
Guyana vs Thailand ฿ 10,400 /mo 
Guyana vs Sweden 
Guyana vs Argentina ARS 1,762 /hr 
Guyana vs Singapore Frequently Asked Questions
Is the minimum wage higher in Guyana or Eritrea?
In Guyana, the minimum wage is G$347/hr ($1.66 USD). In Eritrea, it is Nfk600/mo ($40 USD). Eritrea has the higher rate by 2312% 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 more does the average worker earn in Guyana compared to Eritrea?
The average gross salary in Guyana is G$100,000/mo ($477.90 USD), compared to Nfk6,000/mo ($400 USD) in Eritrea. In USD terms, workers in Guyana earn approximately 19% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Guyana and Eritrea 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 Eritrea.
How do work hours compare between Guyana and Eritrea?
Eritrea has a longer standard work week at 44 hours, compared to 40 hours in Guyana. Workers in Guyana work 40 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Guyana 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.