Key Facts: Mongolia vs Cuba Wages
- Mongolia Minimum Wage
- ₮4,714/hr ($1.31 USD)
- Cuba Minimum Wage
- $MN12.12/hr ($0.03 USD)
- Mongolia Avg. Gross Monthly Salary
- ₮2,000,000 /mo ($555.71 USD)
- Cuba Avg. Gross Monthly Salary
- $MN6,649 /mo ($16.22 USD)
- Data Sources
- Ministry of Labour and Social Protection — Mongolia (2026-02-25), Ministerio de Trabajo y Seguridad Social (MTSS) — Cuba (2026-02-25)
Mongolia
Cuba
Updated 2026-02-25
The minimum wage in Mongolia is roughly 44 times higher than in Cuba in USD terms, reflecting the gap between a lower-middle-income and a upper-middle-income economy. Average gross salaries diverge further: $556/mo in Mongolia versus $16/mo in Cuba, a 34.3:1 ratio. Cuba has the tighter labor market, with unemployment at 1.8% compared to 5.2%.
Mongolia's unemployment rate is 5.2% compared to Cuba's 1.8%.
Detailed Comparison
| Metric | Mongolia | Cuba |
|---|---|---|
| Minimum wage /hr | ₮4,714 $1.31 | $MN12.12 $0.03 |
| Minimum wage /mo | ₮792,000 $220.06 | $MN2,100 $5.12 |
| Minimum wage /yr | ₮9,504,000 $2,640.73 | $MN25,200 $61.46 |
| Avg. gross salary /mo | ₮2,000,000 /mo $555.71 | $MN6,649 /mo $16.22 |
| Avg. net salary /mo | ₮1,700,000 /mo $472.35 | $MN6,300 /mo $15.37 |
| Median individual income /yr | ₮12,000,000 /yr $3,334.26 | $MN48,000 /yr $117.07 |
Percentage differences are based on USD equivalent values. Positive means Mongolia is higher.
Work Week
- Mongolia
-
40 hrs/wk standard
Max 56 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours (8 hours/day). The Labour Law sets a maximum of 56 hours/week including overtime. Maximum daily overtime is 4 hours. Overtime is paid at 1.5x the regular rate. Work on public holidays is compensated at 2x the regular rate. The government sector typically works 40 hours/week (Monday-Friday).
- Cuba
-
44 hrs/wk standard
Max 44 hrs/wk
Overtime : 1.25x pay
Labour Code sets standard working hours at 8 hours/day and 44 hours/week. Overtime is paid at 125% of normal rate. Some sectors work 40 hours/week.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker moving from Cuba to Mongolia would see a 4331% increase in USD-equivalent hourly earnings. Standard work weeks differ: Mongolia mandates 40 hours while Cuba mandates 44 hours. A minimum wage worker's weekly earnings in Mongolia are $52 vs $1 in Cuba.
See this comparison from Cuba's perspective: Cuba vs Mongolia
Compare Mongolia with...
Frequently Asked Questions
Is the minimum wage higher in Mongolia or Cuba?
In Mongolia, the minimum wage is ₮4,714/hr ($1.31 USD). In Cuba, it is $MN12.12/hr ($0.03 USD). Mongolia has the higher rate by 4331% 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 Cuba may retain a larger share of their earnings if prices there are lower.
How much more does the average worker earn in Mongolia compared to Cuba?
The average gross salary in Mongolia is ₮2,000,000/mo ($555.71 USD), compared to $MN6,649/mo ($16.22 USD) in Cuba. In USD terms, workers in Mongolia earn approximately 3327% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Mongolia and Cuba is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Mongolia earn more in nominal terms, though how far that income stretches depends on local prices in Cuba.
How do work hours compare between Mongolia and Cuba?
Cuba has a longer standard work week at 44 hours, compared to 40 hours in Mongolia. Workers in Mongolia work 40 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Mongolia 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.