Iran Taiwan

Updated 2026-05-04

Iran

Minimum Wage

﷼692,731 /hr

$1.02 USD

Avg. Gross Salary

﷼400,000,000 /mo

Taiwan

Minimum Wage

NT$190 /hr

$6.11 USD

Avg. Gross Salary

NT$58,000 /mo

Min wage: -83% Iran vs Taiwan Avg. salary: -68% Iran vs Taiwan

The minimum wage in Iran is roughly 6 times lower than in Taiwan in USD terms, reflecting the gap between a lower-middle-income and a high-income economy. Average gross salaries diverge further: $588/mo in Iran versus $1,865/mo in Taiwan, a 3.2:1 ratio.

Detailed Comparison

Detailed wage comparison between Iran and Taiwan
Metric	Iran	Taiwan	Diff
Minimum wage /hr	﷼692,731 $1.02	NT$190 $6.11	-83.3%
Minimum wage /day	﷼5,541,850 $8.15	—	—
Minimum wage /mo	﷼166,255,500 $244.49	NT$28,590 $919.29	-73.4%
Minimum wage /yr	﷼1,995,066,000 $2,933.92	NT$343,080 $11,031.51	-73.4%
Avg. gross salary /mo	﷼400,000,000 /mo $588.24	NT$58,000 /mo $1,864.95	-68.5%
Avg. net salary /mo	N/A/mo	NT$50,500 /mo $1,623.79	—
Median individual income /yr	﷼1,440,000,000 /yr $2,117.65	NT$546,000 /yr $17,556.27	-87.9%

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.
Taiwan: 40 hrs/wk standard

Max 40 hrs/wk

Overtime : 1.34x pay

Labour Standards Act sets 40 hours/week, 8 hours/day. Two mandatory rest days per week (one fixed, one flexible). Overtime: first 2 hrs at 1.34x, next 2 hrs at 1.67x. Monthly overtime cap of 46 hours (may be extended to 54 hours with union/labour-management agreement, max 138 hrs/3 months).

• WAGE TRAJECTORY (USD/hr)

Iran Taiwan Source: wage.is · USD equivalent/hr

Year	Iran (USD)	Taiwan (USD)
2020	$25/hr	$765/hr
2021	$40/hr	$772/hr
2022	$84/hr	$812/hr
2023	$196/hr	$849/hr
2024	$265/hr	$883/hr
2025	$153/hr	$919/hr
2026	$244/hr	—

What This Means for Workers

A minimum wage worker in Iran earns 500% less per hour in USD terms than one in Taiwan. Standard work weeks differ: Iran mandates 44 hours while Taiwan mandates 40 hours. A minimum wage worker's weekly earnings in Iran are $45 vs $244 in Taiwan.

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

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Frequently Asked Questions

Is the minimum wage higher in Iran or Taiwan?

In Iran, the minimum wage is ﷼692,731/hr ($1.02 USD). In Taiwan, it is NT$190/hr ($6.11 USD). Taiwan has the higher rate by 500% 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 Iran may retain a larger share of their earnings if prices there are lower.

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

The average gross salary in Iran is ﷼400,000,000/mo ($588.24 USD), compared to NT$58,000/mo ($1,864.95 USD) in Taiwan. In USD terms, workers in Iran earn approximately 217% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Iran and Taiwan is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Taiwan 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 Taiwan?

Iran has a longer standard work week at 44 hours, compared to 40 hours in Taiwan. Workers in Iran work 44 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Taiwan 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.