Key Facts: Iran vs Ukraine Wages
- Iran Minimum Wage
- ﷼692,731/hr ($1.02 USD)
- Ukraine Minimum Wage
- ₴48/hr ($1.15 USD)
- Iran Avg. Gross Monthly Salary
- ﷼400,000,000 /mo ($588.24 USD)
- Ukraine Avg. Gross Monthly Salary
- ₴20,000 /mo ($478.47 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), Ministry of Economy of Ukraine / State Statistics Service (2026-02-24)
Iran
Ukraine
Updated 2026-05-04
Both lower-middle-income economies, Iran and Ukraine set comparable minimum wage floors in USD terms. Average salaries are higher in Iran at $588/mo compared to $478/mo in Ukraine.
From Iran's perspective: adjusting for purchasing power, Iran's minimum wage buys more than Ukraine's. The PPP-adjusted hourly rate in Iran is $6 international dollars, compared to $4 in Ukraine. Iran has higher GDP per capita ($19,874 vs $18,550). Iran's unemployment rate is 8.3% compared to Ukraine's 9.8%.
Detailed Comparison
| Metric | Iran | Ukraine |
|---|---|---|
| Minimum wage /hr | ﷼692,731 $1.02 | ₴48 $1.15 |
| Minimum wage /day | ﷼5,541,850 $8.15 | ₴266.67 $6.38 |
| Minimum wage /mo | ﷼166,255,500 $244.49 | ₴8,000 $191.39 |
| Minimum wage /yr | ﷼1,995,066,000 $2,933.92 | ₴96,000 $2,296.65 |
| Avg. gross salary /mo | ﷼400,000,000 /mo $588.24 | ₴20,000 /mo $478.47 |
| Avg. net salary /mo | N/A/mo | ₴16,400 /mo $392.34 |
| Median individual income /yr | ﷼1,440,000,000 /yr $2,117.65 | ₴120,000 /yr $2,870.81 |
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.
- Ukraine
-
40 hrs/wk standard
Max 40 hrs/wk
Overtime : 2x pay
Labour Code sets standard working time at 40 hours/week. Overtime is compensated at double the normal rate and limited to 4 hours over 2 consecutive days, 120 hours/year. Under martial law (from Feb 2022), employers may increase working hours to 60/week and suspend certain labour protections with government approval.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker in Iran earns 13% less per hour in USD terms than one in Ukraine. However, after adjusting for cost of living, Iran's minimum wage provides more purchasing power. Standard work weeks differ: Iran mandates 44 hours while Ukraine mandates 40 hours. A minimum wage worker's weekly earnings in Iran are $45 vs $46 in Ukraine.
See this comparison from Ukraine's perspective: Ukraine vs Iran
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Frequently Asked Questions
Is the minimum wage higher in Iran or Ukraine?
In Iran, the minimum wage is ﷼692,731/hr ($1.02 USD). In Ukraine, it is ₴48/hr ($1.15 USD). Ukraine has the higher rate by 13% 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 more does the average worker earn in Iran compared to Ukraine?
The average gross salary in Iran is ﷼400,000,000/mo ($588.24 USD), compared to ₴20,000/mo ($478.47 USD) in Ukraine. In USD terms, workers in Iran earn approximately 23% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Iran and Ukraine is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Iran earn more in nominal terms, though how far that income stretches depends on local prices in Ukraine.
Which country has better purchasing power for minimum wage workers, Iran or Ukraine?
After adjusting for local prices using purchasing power parity (PPP), minimum wage workers in Iran can afford more than those in Ukraine. The PPP-adjusted rate is $6 in Iran and $4 in Ukraine. PPP converts wages into equivalent US dollar buying power, accounting for what a unit of currency actually buys locally. The 42% purchasing power gap means that even if the nominal wage in Ukraine appears competitive, minimum wage workers there face greater constraints on day-to-day spending.
How do work hours compare between Iran and Ukraine?
Iran has a longer standard work week at 44 hours, compared to 40 hours in Ukraine. Workers in Iran work 44 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Ukraine 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 Ukraine?
While direct cost of living data varies by source, GDP per capita (PPP) gives a useful proxy for overall economic level. Iran has the higher GDP per capita at $19,874, which is 1.1x that of Ukraine at $18,550. From Iran's perspective, this means goods and services are priced at a higher 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.