Key Facts: Hong Kong vs Cuba Wages
- Hong Kong Minimum Wage
- HK$42.10/hr ($5.37 USD)
- Cuba Minimum Wage
- $MN12.12/hr ($0.03 USD)
- Hong Kong Avg. Gross Monthly Salary
- HK$20,500 /mo ($2,615.76 USD)
- Cuba Avg. Gross Monthly Salary
- $MN6,649 /mo ($16.22 USD)
- Data Sources
- Minimum Wage Commission / Census and Statistics Department, HKSAR; current rate verified via Wikipedia List of countries by minimum wage (eff 2025-05-01) (2026-05-04), Ministerio de Trabajo y Seguridad Social (MTSS) — Cuba (2026-02-25)
Hong Kong
Cuba
Updated 2026-05-04
The minimum wage in Hong Kong is roughly 182 times higher than in Cuba in USD terms, reflecting the gap between a high-income and a upper-middle-income economy. Average gross salaries diverge further: $2,616/mo in Hong Kong versus $16/mo in Cuba, a 161.3:1 ratio.
Hong Kong's unemployment rate is 2.8% compared to Cuba's 1.8%.
Detailed Comparison
| Metric | Hong Kong | Cuba |
|---|---|---|
| Minimum wage /hr | HK$42.10 $5.37 | $MN12.12 $0.03 |
| Minimum wage /mo | HK$7,297 $931.08 | $MN2,100 $5.12 |
| Minimum wage /yr | HK$87,568 $11,173.52 | $MN25,200 $61.46 |
| Avg. gross salary /mo | HK$20,500 /mo $2,615.76 | $MN6,649 /mo $16.22 |
| Avg. net salary /mo | HK$19,475 /mo $2,484.98 | $MN6,300 /mo $15.37 |
| Median individual income /yr | HK$246,000 /yr $31,389.16 | $MN48,000 /yr $117.07 |
Percentage differences are based on USD equivalent values. Positive means Hong Kong is higher.
Work Week
- Hong Kong
-
hrs/wk standard
Hong Kong has NO statutory standard working hours or maximum working hours for most employees (a rare situation globally). The government has considered legislation but has not enacted a standard hours law. Working hours are determined by individual employment contracts. Average actual working hours are ~40-44 hrs/week. Overtime pay is not legally mandated except for certain specific occupations.
- Cuba
-
44 hrs/wk standard
Max 44 hrs/wk
Overtime : 1.25x pay
Labour Code sets standard working hours at 8 hours/day and 44 hours/week. Overtime is paid at 125% of normal rate. Some sectors work 40 hours/week.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker moving from Cuba to Hong Kong would see a 18072% increase in USD-equivalent hourly earnings.
See this comparison from Cuba's perspective: Cuba vs Hong Kong
Compare Hong Kong with...
Frequently Asked Questions
Is the minimum wage higher in Hong Kong or Cuba?
In Hong Kong, the minimum wage is HK$42.10/hr ($5.37 USD). In Cuba, it is $MN12.12/hr ($0.03 USD). Hong Kong has the higher rate by 18072% 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 Cuba may retain a larger share of their earnings if prices there are lower.
How much more does the average worker earn in Hong Kong compared to Cuba?
The average gross salary in Hong Kong is HK$20,500/mo ($2,615.76 USD), compared to $MN6,649/mo ($16.22 USD) in Cuba. In USD terms, workers in Hong Kong earn approximately 16030% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Hong Kong and Cuba is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Hong Kong earn more in nominal terms, though how far that income stretches depends on local prices in Cuba.