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Key Facts: Iran vs Turkmenistan Wages

Iran Minimum Wage
﷼692,731/hr ($1.02 USD)
Turkmenistan Minimum Wage
T1,160/mo ($331.43 USD)
Iran Avg. Gross Monthly Salary
﷼400,000,000 /mo ($588.24 USD)
Turkmenistan Avg. Gross Monthly Salary
T2,500 /mo ($714.29 USD)
Data Sources
Supreme Labour Council / ILO ILOSTAT. 2026 (Iranian year 1405) figure verified via WageIndicator (March 22, 2026 update) and Euronews coverage of 60% nominal increase amid sanctions pressure. (2026-05-04), ILO ILOSTAT / World Bank / Turkmenistan government sources (2026-05-04)

Iran flag Iran Turkmenistan flag Turkmenistan

Updated 2026-05-04

Iran flag Iran

Minimum Wage

﷼692,731 /hr

$1.02 USD

Avg. Gross Salary

﷼400,000,000 /mo

Turkmenistan flag Turkmenistan

Minimum Wage

T1,160 /mo

$331.43 USD

Avg. Gross Salary

T2,500 /mo

Min wage: -100% Iran vs Turkmenistan Avg. salary: -18% Iran vs Turkmenistan

The minimum wage in Iran is roughly 325 times lower than in Turkmenistan in USD terms, reflecting the gap between a lower-middle-income and a upper-middle-income economy. Average salaries are lower in Iran at $588/mo compared to $714/mo in Turkmenistan. Turkmenistan has the tighter labor market, with unemployment at 4.3% compared to 8.3%.

Iran has lower GDP per capita ($19,874 vs $21,213). Iran's unemployment rate is 8.3% compared to Turkmenistan's 4.3%.

Detailed Comparison

Detailed wage comparison between Iran and Turkmenistan
Metric Iran Turkmenistan
Minimum wage /hr ﷼692,731 $1.02
Minimum wage /day ﷼5,541,850 $8.15
Minimum wage /mo ﷼166,255,500 $244.49 T1,160 $331.43
Minimum wage /yr ﷼1,995,066,000 $2,933.92
Avg. gross salary /mo ﷼400,000,000 /mo $588.24 T2,500 /mo $714.29
Median individual income /yr ﷼1,440,000,000 /yr $2,117.65 T30,000 /yr $8,571.43

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.

Turkmenistan

40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Labour Code sets 40 hours/week (8 hours/day, 5 days). Saturday and Sunday are rest days. State-sector employees work standard government hours. The gas industry may have different shift arrangements.

What This Means for Workers

A minimum wage worker in Iran earns 32434% less per hour in USD terms than one in Turkmenistan. Standard work weeks differ: Iran mandates 44 hours while Turkmenistan mandates 40 hours. A minimum wage worker's weekly earnings in Iran are $45 vs $13,257 in Turkmenistan.

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

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Frequently Asked Questions

Is the minimum wage higher in Iran or Turkmenistan?

In Iran, the minimum wage is ﷼692,731/hr ($1.02 USD). In Turkmenistan, it is T1,160/mo ($331.43 USD). Turkmenistan has the higher rate by 32434% 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 Turkmenistan?

The average gross salary in Iran is ﷼400,000,000/mo ($588.24 USD), compared to T2,500/mo ($714.29 USD) in Turkmenistan. In USD terms, workers in Iran earn approximately 21% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Iran and Turkmenistan is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Turkmenistan 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 Turkmenistan?

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

What is the cost of living difference between Iran and Turkmenistan?

While direct cost of living data varies by source, GDP per capita (PPP) gives a useful proxy for overall economic level. Turkmenistan has the higher GDP per capita at $21,213, which is 1.1x 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.