Key Facts: Italy vs Faroe Islands Wages
- Italy Minimum Wage
- No statutory minimum wage
- Faroe Islands Minimum Wage
- No statutory minimum wage
- Italy Avg. Gross Monthly Salary
- €2,600 /mo ($3,027.83 USD)
- Faroe Islands Avg. Gross Monthly Salary
- kr34,278 /mo ($5,341.42 USD)
- Data Sources
- Ministry of Labour and Social Policies (Ministero del Lavoro e delle Politiche Sociali) (2026-02-24), Statistics Faroe Islands (hagstova.fo) (2026-05-04)
Italy 
Faroe Islands
Updated 2026-05-04
Neither Italy nor Faroe Islands has a statutory minimum wage, relying instead on collective bargaining or sectoral agreements. Average salaries are lower in Italy at $3,028/mo compared to $5,341/mo in Faroe Islands.
Detailed Comparison
| Metric | Italy | Faroe Islands |
|---|---|---|
| Avg. gross salary /mo | €2,600 /mo $3,027.83 | kr34,278 /mo $5,341.42 |
| Avg. net salary /mo | €1,850 /mo $2,154.42 | N/A/mo |
| Median individual income /yr | €22,500 /yr $26,202.40 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Italy is higher.
Work Week
- Italy
-
40 hrs/wk standard
Max 48 hrs/wk
Standard workweek is 40 hours (Legislative Decree 66/2003). Maximum average weekly hours including overtime is 48 hours over a 4-month reference period, per EU Working Time Directive. Overtime compensation is regulated by collective agreements, typically 15-30% surcharge depending on hours and sector.
- Faroe Islands
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours. Working conditions governed by collective agreements.
See this comparison from Faroe Islands's perspective: Faroe Islands vs Italy
Compare Italy with...
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Italy vs South Korea ₩ 10,320 /hr 
Italy vs Canada C$ 18.1 /hr 
Italy vs Australia A$ 24.95 /hr 
Italy vs Brazil R$ 7.37 /hr 
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Italy vs Turkey ₺ 164.94 /hr 
Italy vs Taiwan NT$ 190 /hr 
Italy vs Switzerland 
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Italy vs Singapore Frequently Asked Questions
How much less does the average worker earn in Italy compared to Faroe Islands?
The average gross salary in Italy is €2,600/mo ($3,027.83 USD), compared to kr34,278/mo ($5,341.42 USD) in Faroe Islands. In USD terms, workers in Italy earn approximately 76% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Italy and Faroe Islands is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Faroe Islands earn more in nominal terms, though how far that income stretches depends on local prices in Italy.
How do work hours compare between Italy and Faroe Islands?
Both Italy and Faroe Islands mandate a similar standard work week of 40 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.