Iran Singapore

Updated 2026-06-01

Iran

Minimum Wage

﷼692,731 /hr

$1.02 USD

Avg. Gross Salary

﷼400,000,000 /mo

Singapore

No statutory minimum wage

Avg. Gross Salary

S$5,800 /mo

Avg. salary: -87% Iran vs Singapore

Unlike Singapore, which has no statutory minimum wage, Iran mandates a wage floor of $1/hr. Average gross salaries diverge further: $588/mo in Iran versus $4,539/mo in Singapore, a 7.7:1 ratio. GDP per capita (PPP) in Singapore is 7.6x that of Iran, underscoring the structural economic divide.

Iran has lower GDP per capita ($19,874 vs $150,689). Iran's unemployment rate is 8.3% compared to Singapore's 2.8%.

Detailed Comparison

Detailed wage comparison between Iran and Singapore
Metric	Iran	Singapore	Diff
Minimum wage /hr	﷼692,731 $1.02	None	—
Minimum wage /day	﷼5,541,850 $8.15	None	—
Minimum wage /mo	﷼166,255,500 $244.49	None	—
Minimum wage /yr	﷼1,995,066,000 $2,933.92	None	—
Avg. gross salary /mo	﷼400,000,000 /mo $588.24	S$5,800 /mo $4,539.05	-87.0%
Avg. net salary /mo	N/A/mo	S$4,930 /mo $3,858.19	—
Median individual income /yr	﷼1,440,000,000 /yr $2,117.65	S$66,000 /yr $51,651.28	-95.9%

Percentage differences are based on USD equivalent values. Positive means Iran is higher.

Work Week

Iran: 44 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.4x pay

Article 51 of the Labour Law sets ordinary working hours at 44 hours per week (8 hours/day, 6 days, with 4 hours on the sixth day — or equivalent arrangements). Maximum including overtime is 48 hours/week. Overtime is compensated at 140% of the ordinary hourly rate. Friday is the official weekly rest day. Workers in hazardous conditions have reduced hours.
Singapore: 44 hrs/wk standard

Max 44 hrs/wk

Overtime : 1.5x pay

Employment Act caps at 44 hours/week (8 hrs/day for 5-day week, or 9 hrs/day for fewer days). Overtime pay at 1.5x hourly basic rate, applies to non-workmen earning up to SGD 2,600/mo and workmen earning up to SGD 4,500/mo. Maximum overtime: 72 hours/month.

See this comparison from Singapore's perspective: Singapore vs Iran

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Frequently Asked Questions

Is the minimum wage higher in Iran or Singapore?

In Iran, the minimum wage is ﷼692,731/hr ($1.02 USD). In Singapore, it is no statutory minimum wage.

How much less does the average worker earn in Iran compared to Singapore?

The average gross salary in Iran is ﷼400,000,000/mo ($588.24 USD), compared to S$5,800/mo ($4,539.05 USD) in Singapore. In USD terms, workers in Iran earn approximately 672% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Iran and Singapore is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Singapore earn more in nominal terms, though how far that income stretches depends on local prices in Iran.

How do work hours compare between Iran and Singapore?

Both Iran and Singapore mandate a similar standard work week of 44 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 Iran and Singapore?

While direct cost of living data varies by source, GDP per capita (PPP) gives a useful proxy for overall economic level. Singapore has the higher GDP per capita at $150,689, which is 7.6x that of Iran at $19,874. From Iran'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.