Key Facts: Nigeria vs Cuba Wages
- Nigeria Minimum Wage
- ₦404/hr ($0.26 USD)
- Cuba Minimum Wage
- $MN12.12/hr ($0.03 USD)
- Nigeria Avg. Gross Monthly Salary
- ₦339,000 /mo ($220.42 USD)
- Cuba Avg. Gross Monthly Salary
- $MN6,649 /mo ($16.22 USD)
- Data Sources
- National Minimum Wage Amendment Act 2024 (2026-02-24), Ministerio de Trabajo y Seguridad Social (MTSS) — Cuba (2026-02-25)
Nigeria 
Cuba
Updated 2026-02-25
The minimum wage in Nigeria is roughly 9 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: $220/mo in Nigeria versus $16/mo in Cuba, a 13.6:1 ratio.
Nigeria's unemployment rate is 3.1% compared to Cuba's 1.8%.
Detailed Comparison
| Metric | Nigeria | Cuba |
|---|---|---|
| Minimum wage /hr | ₦404 $0.26 | $MN12.12 $0.03 |
| Minimum wage /mo | ₦70,000 $45.51 | $MN2,100 $5.12 |
| Minimum wage /yr | ₦840,000 $546.16 | $MN25,200 $61.46 |
| Avg. gross salary /mo | ₦339,000 /mo $220.42 | $MN6,649 /mo $16.22 |
| Avg. net salary /mo | ₦290,000 /mo $188.56 | $MN6,300 /mo $15.37 |
| Median individual income /yr | ₦1,200,000 /yr $780.23 | $MN48,000 /yr $117.07 |
Percentage differences are based on USD equivalent values. Positive means Nigeria is higher.
Work Week
- Nigeria
-
40 hrs/wk standard
Max 48 hrs/wk
Labour Act sets standard at 40 hours/week. Overtime rates set by individual employment contracts. No statutory overtime multiplier.
- 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 Nigeria would see a 789% increase in USD-equivalent hourly earnings. Standard work weeks differ: Nigeria mandates 40 hours while Cuba mandates 44 hours. A minimum wage worker's weekly earnings in Nigeria are $11 vs $1 in Cuba.
See this comparison from Cuba's perspective: Cuba vs Nigeria
Compare Nigeria with...
Nigeria vs United States $ 7.25 /hr 
Nigeria vs China ¥ 25 /hr 
Nigeria vs Germany € 13.9 /hr 
Nigeria vs United Kingdom £ 12.71 /hr 
Nigeria vs India ₹ 4,576 /mo 
Nigeria vs Japan ¥ 1,121 /hr 
Nigeria vs France € 12.02 /hr 
Nigeria vs South Korea ₩ 10,320 /hr 
Nigeria vs Canada C$ 18.1 /hr 
Nigeria vs Australia A$ 24.95 /hr 
Nigeria vs Brazil R$ 7.37 /hr 
Nigeria vs Russia ₽ 156.31 /hr 
Nigeria vs Mexico MX$ 9,583.52 /mo 
Nigeria vs Indonesia Rp 33,058 /hr 
Nigeria vs Netherlands € 14.71 /hr 
Nigeria vs Saudi Arabia ﷼ 23.08 /hr 
Nigeria vs Turkey ₺ 164.94 /hr 
Nigeria vs Taiwan NT$ 190 /hr 
Nigeria vs Switzerland 
Nigeria vs Poland zł 31.4 /hr 
Nigeria vs Thailand ฿ 10,400 /mo 
Nigeria vs Sweden 
Nigeria vs Argentina ARS 1,762 /hr 
Nigeria vs Singapore Frequently Asked Questions
Is the minimum wage higher in Nigeria or Cuba?
In Nigeria, the minimum wage is ₦404/hr ($0.26 USD). In Cuba, it is $MN12.12/hr ($0.03 USD). Nigeria has the higher rate by 789% 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 Nigeria compared to Cuba?
The average gross salary in Nigeria is ₦339,000/mo ($220.42 USD), compared to $MN6,649/mo ($16.22 USD) in Cuba. In USD terms, workers in Nigeria earn approximately 1259% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Nigeria and Cuba is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Nigeria earn more in nominal terms, though how far that income stretches depends on local prices in Cuba.
How do work hours compare between Nigeria and Cuba?
Cuba has a longer standard work week at 44 hours, compared to 40 hours in Nigeria. Workers in Nigeria work 40 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Nigeria 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.