North Korea Nicaragua

Updated 2026-02-25

North Korea

No statutory minimum wage

Avg. Gross Salary

₩100,000 /mo

Nicaragua

Minimum Wage

C$55.48 /hr

$1.51 USD

Avg. Gross Salary

C$15,000 /mo

Avg. salary: -73% North Korea vs Nicaragua

North Korea has no statutory minimum wage, while Nicaragua sets a floor of $2/hr. Average gross salaries diverge further: $111/mo in North Korea versus $408/mo in Nicaragua, a 3.7:1 ratio.

North Korea's unemployment rate is 3.5% compared to Nicaragua's 5.0%.

Detailed Comparison

Detailed wage comparison between North Korea and Nicaragua
Metric	North Korea	Nicaragua	Diff
Minimum wage /hr	None	C$55.48 $1.51	—
Minimum wage /mo	None	C$13,315.61 $361.84	—
Avg. gross salary /mo	₩100,000 /mo $111.11	C$15,000 /mo $407.61	-72.7%
Avg. net salary /mo	₩90,000 /mo $100	C$12,000 /mo $326.09	-69.3%
Median individual income /yr	N/A/yr	C$72,000 /yr $1,956.52	—

Percentage differences are based on USD equivalent values. Positive means North Korea is higher.

Work Week

North Korea: 48 hrs/wk standard

The North Korean Labour Law formally sets an 8-hour working day. In practice, many workers are required to spend additional hours in compulsory political study, military training, and 'volunteer' labour campaigns. The actual workweek for state employees varies widely by sector and location. No independent verification of labour conditions is possible.
Nicaragua: 48 hrs/wk standard

Max 48 hrs/wk

Overtime : 2x pay

Standard workweek is 48 hours (8 hours/day, 6 days/week). Night work is limited to 45 hours/week (7.5 hours/day). Mixed shifts limited to 7 hours/day. Overtime is paid at 2x the regular rate. Workers are entitled to one mandatory rest day per week. Governed by the Código del Trabajo (Labour Code).

See this comparison from Nicaragua's perspective: Nicaragua vs North Korea

Compare North Korea with...

North Korea vs United States $ 7.25 /hr

North Korea vs China ¥ 25 /hr

North Korea vs Germany € 13.9 /hr

North Korea vs United Kingdom £ 12.71 /hr

North Korea vs India ₹ 4,576 /mo

North Korea vs Japan ¥ 1,121 /hr

North Korea vs France € 12.02 /hr

North Korea vs South Korea ₩ 10,320 /hr

North Korea vs Canada C$ 18.1 /hr

North Korea vs Australia A$ 24.95 /hr

North Korea vs Brazil R$ 7.37 /hr

North Korea vs Russia ₽ 156.31 /hr

North Korea vs Mexico MX$ 9,583.52 /mo

North Korea vs Indonesia Rp 33,058 /hr

North Korea vs Netherlands € 14.71 /hr

North Korea vs Saudi Arabia ﷼ 23.08 /hr

North Korea vs Turkey ₺ 164.94 /hr

North Korea vs Taiwan NT$ 190 /hr

North Korea vs Switzerland

North Korea vs Poland zł 31.4 /hr

North Korea vs Thailand ฿ 10,400 /mo

North Korea vs Sweden

North Korea vs Argentina ARS 1,762 /hr

North Korea vs Singapore

Frequently Asked Questions

Is the minimum wage higher in North Korea or Nicaragua?

In North Korea, the minimum wage is no statutory minimum wage. In Nicaragua, it is C$55.48/hr ($1.51 USD).

How much less does the average worker earn in North Korea compared to Nicaragua?

The average gross salary in North Korea is ₩100,000/mo ($111.11 USD), compared to C$15,000/mo ($407.61 USD) in Nicaragua. In USD terms, workers in North Korea earn approximately 267% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between North Korea and Nicaragua is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Nicaragua earn more in nominal terms, though how far that income stretches depends on local prices in North Korea.

How do work hours compare between North Korea and Nicaragua?

Both North Korea and Nicaragua mandate a similar standard work week of 48 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.